The crypto market has not been in its best shape of late. Bitcoin has been trying to recover but it is currently being resisted around the $38k mark. Parallelly, tokens from other genres too have not been able to present strike-worthy performances.
Floki Inu, one of the community’s favorite tokens, has however had quite an intriguing ride over the past 24-hours. It started trading around $0.000041 but dipped down to a level as low as $0.0036 during the last few hours of 28 January. Post that, the coin quickly rebounded and managed to keep its daily loss under 5%.
3 factors that make Floki Inu a good LT pick for investors
Well, over the past few months, FLOKI has gradually been garnering mainstream attention. For starters, its partnership with Indian Super League’s Kerala Blasters has been able to fuel the coins adoption rates across the subcontinent.
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The Blasters, as such, are seen as one of the more widely supported football clubs in India and then Asia and currently have one of the largest social media followings among football clubs from the continent.
In fact, by strategically pushing out match-related content every now and then, Floki Inu has been able to keep the Vikings engaged.
Furthermore, TechTree Education had quite recently partnered with Floki Inu to build the Premier Crypto Educational platform Floki University. In fact, as per Amanda Kavner, the Head of Education for Floki University,
This partnership between #FlokiUniversity and @TechTreeEdu is another way that @RealFlokiInu is giving back, for knowledge is the pathway to true power and freedom!
The meta-trend game too has been getting quite strong for Floki Inu of late. GoBankingRates, for instance, has already claimed Floki Inu to be one of the best metaverse tokens to buy this year.
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The aforementioned developments and rankings are set to help Floki stand out and create a niche for itself going forward. In retrospect, the coin’s valuation too would directly benefit from the same over the long term.