Memecoin FLOKI Gains Over 10% After Chinese TV CCTV-5 Feature

Floki Coin is a relatively new cryptocurrency that has recently gained attention in China. On the Chinese state TV station CCTV-5, it was featured during the 2023 World Table Tennis Championships broadcast.

中央五台世乒赛后面的广告牌刚出现了floki了#floki pic.twitter.com/5aNt06e7pZ

— 灵犀社 (@btcc77) May 28, 2023

The coin appeared on the billboard as a partner with a link to the official website, leading to a rise of more than 10%. The meme coin is trading at around 0.000035 at the time of writing, according to CoinMarketCap data. The team said the cryptocurrency received an influx of Chinese traffic due to the CCTV-5 feature. This is promising news for FLOKI, as it positions itself for Hong Kong and China opening up to crypto.

FLOKI is strategically planning to capture the attention of Chinese crypto users through its China Plan. The plan highlights its strategy for China and includes a Chinese website, whitepaper, and partnership with Btok, China’s most extensive crypto social network.

Here are highlights of our China Plan:

1. #Floki has a Chinese website which is accessible here: https://t.co/NOKFMRuzwN
2. Our whitepaper is available in Chinese here: https://t.co/qtGMY6uXmz
3. $FLOKI is partnered with the biggest crypto social network in China, Btok.

— FLOKI (@RealFlokiInu) May 28, 2023

The partnership with Btok will last until the end of the year and introduce the meme coin to over 10 million Chinese crypto users. Additionally, a Chinese version of FLOKI’s PlayToEarn metaverse game, Valhalla, will launch later this year.

While FLOKI is a global cryptocurrency, the team’s ultimate goal is to be the most known and used crypto. They recognize the importance of China and Hong Kong in achieving this goal, and the recent exposure to CCTV-5 is a promising step in the right direction. The team is confident that their strategic positioning and partnerships in China will lead to increased adoption and usage of cryptocurrency.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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