BNB
by BSCN
October 30, 2022
Floki has experienced significant growth across social media since moving to Instagram and Twitter, coinciding with a bullish run for $FLOKI.
Floki has moved to TikTok and Instagram to unveil its innovative ecosystem and offerings in the global crypto space.
The protocol, with over 370,000 Twitter followers, branched out to the aforementioned social platforms in a bid to spread its unique offerings worldwide. Instagram has over 2 billion active users per month, while TikTok is the sixth most adopted social media platform with 1 billion monthly active users.
Floki moved to both social platforms in last year, but there has been considerable growth since the summer. Floki now has more than 17,000 followers on Instagram and 12,000 on TikTok. BSC News contacted the Floki team to discuss the rapid growth but did not receive a response as of press time.
Since moving to both platforms, Floki's social engagements over the past month have increased. According to LunarCrush data, the memecoin's social engagements increased by 16% in that time, with over 370 million interactions on social media.
Floki’s social mentions increased by 62%, totaling nearly 465,000 in the past month. Floki's social growth also positively affected the price of its native FLOKI token. As of writing, the token is up by 27% in the past month and is trading at $0.00000994, according to CoinMarketCap.
After the expansion to TikTok and Instagram, Floki now has a presence on eight social media platforms, including Facebook, Twitter, and Reddit.
Floki began with a tweet from Elon Musk. When the billionaire announced he would name his Shiba Inu puppy Floki, it created a deluge of “Floki” dogcoins. The most successful of these is Floki. Floki is amongst the most popular meme token on the market alongside Dogecoin, Shiba Inu, and Baby Doge Coin. It is backed by a community of committed enthusiasts and a strong marketing campaign.
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