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.