Another anonymous whale has purchased 5,294,519,470.363350621 FLOKI for an estimated $1,048,738.42. Clearly, something interesting is happening to this dog meme coin because this is the second huge purchase in a matter of days.
Only recently, a whale from Binance Smart Chain (BSC) bought Floki over a series of different transactions lasting 24 hours. The whale, whose wallet now holds a total of 12 billion Floki, kept buying the token using millions of fiat until a whole day lapsed.
Barely a week ago Floki had yet another mysterious, unidentified whale buy a staggering 2 billion Floki tokens. This happened just before the Italian Floki-sponsored football club, Napoli, went to a match against Lazio Serie. The match ended with Napoli thwarting Lazio 4-0, bringing lots of excitement to Floki enthusiasts.
Why Whales Keep Purchasing Floki Inu Tokens
This new purchase also comes at an interesting time for Floki. Just this week, this token has signed another sponsorship deal with Germany’s Bundesliga giant Bayer 04 Leverkusen. The partnership, ensures Floki Inu gets to feature on the team’s jersey sleeves, and a host of other publicity material. This could be the motivation for this new whale’s purchase.
The partnership between Floki and Bayer 04 Leverkusen has very high chances of becoming highly profitable for the cryptocurrency. With exposure to the Bundesliga, which is the world’s largest football league by attendance, and the Europa League, it’s not a longshot to imagine that the coin’s price is set for a dramatic rise.
This year has seen a tremendous crypto boom. With new coins like SHIB and DOGE taking the market by storm, it’s no wonder investors want a piece of the action. Floki Inu is now the bulls-eye for many crypto investment efforts. One can only wonder what more is to come for the promising token.
At the time of writing, Floki Inu is currently trading at $0.0001984 a +6.20% price change in the last 24 hrs.