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DWF Labs To Buy Another $12M Floki Tokens To Boost The Floki Ecosystem

by BSC News

June 4, 2024

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This investment follows a previous $10 million purchase and comes as Floki prepares to release several key products, including the Valhalla metaverse game and a decentralized domain service.

DWF Labs has announced a significant investment of $12 million into Floki tokens. The company will purchase $12 million worth of FLOKI tokens, comprising both market purchases and tokens from the Floki treasury.

As per reports, the purchase of this company is intended to further strengthen the position of Floki in the industry.

Strategic Timing

This investment comes at a crucial time as Floki is set to release several key products that could transform its ecosystem. These include:

 

Valhalla, Floki's leading metaverse game, is expected for release later this year on the mainnet.

 

The Floki Trading Bot, the .Floki Decentralized Domain Name and Website Service, and more will reportedly be released within the next few weeks and months.

Continued Support from DWF Labs

This investment follows a prior commitment by DWF Labs, where they acquired $10 million worth of FLOKI tokens a few months ago. 

 

Since partnering with DWF Labs in May 2023, the Floki project has achieved significant milestones. DWF Labs facilitated Floki's inclusion on major exchanges, forged relationships with industry giants, and publicly supported Floki's progress and achievements. 

 

As of today, the price of FLOKI stands at $0.0002653, with a 24-hour trading volume of $576 million. This represents a 3.8% price decline in the last 24 hours and a 13% decline over the past week. 

Disclaimer

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article

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