FLOKI attracts $12 million investment from DWF Labs
Market maker DWF Labs announced: plan Invested $12 million in FLOKI tokens, Purchases are made on the open market and from the Floki Treasury.
The purpose of this purchase is Supports a growing ecosystem of the FLOKI project
Floki is taking things to the next level. We will be launching several new products soon, Includes Floki trading bot, .floki domain name and website services. Additionally, the flagship utility product Valhalla metaverse game will be released. Mainnet version released this year
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The collaboration between Floki and DWF Labs began in May 2023 with investment from DWF. $5 million in FLOKI tokens. The latest purchase follows a similar investment in February, when it was acquired by DWF Labs. $10 million worth of FLOKI tokens, Prices rise by 50% within a week.
According to a blog post announcing the new purchase, DWF Labs’ contribution will be Driven adoption of Floki. This can be done by enabling exchange listings, building partnerships with key industry figures, and publicly supporting their progress and achievements.
Despite the purchase announcement, the price of FLOKI has fallen more than 6% in the last 24 hours, trading at $0.0003 at the time of this writing.
DWF Labs also promised: Floki’s sister project TokenFi receives $10 million over two years We are focusing on developing artificial intelligence (AI) products.
The company’s investment and continued support demonstrates its strong belief in the utility projects involving Floki.
Floki was recently listed on Revolut Business, making it more accessible to European companies.
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