Floki, the popular cryptocurrency and memecoin giant, have announced the launch of their new token ‘TokenFi’ (ticker: TOKEN) as they attempt to capitalize on the booming tokenization industry. Projections suggest this market will be worth $16 trillion by 2030, and has been called “the next evolution in markets” by BlackRock, the world’s biggest institutional investor.
The Floki team, with their strong industry connections and track record of success, have launched TokenFi with a measly circulating market cap of $50,000 and a fully diluted market cap of $500,000.
The launch of TokenFi is the Floki team’s first attempt to launch a new cryptocurrency since they took over Floki in 2021, which went on to achieve an ATH market cap of $3.5 billion.
The token is set to launch on the 27th of October, 2023, and is expected to be adopted by a number of major exchange platforms. The team have also partnered with World Table Tennis, introducing TokenFi to 120 million people across the globe.
With a strong community of over 460,000 holders and a range of impressive partnerships, the Floki team are confident that their new project will be sustainable and thrive for at least four years.
Commenting on the launch, a spokesperson for Floki said: “This is the perfect cryptocurrency that tends to appear out of nowhere every once in a while: a focus on a great industry with long-term sustainability, highly capable and connected team with a proven track record, solid concept, a strong community, and an aggressive will and plan to push the cryptocurrency to make it a success.”
Floki, the popular cryptocurrency and memecoin giant, have announced the launch of their new token ‘TokenFi’ (ticker: TOKEN) as they attempt to capitalize on the predicted $16 trillion tokenization industry. The Floki team, with their strong industry connections and track record of success, believe they have the experience and resources to make their new token a success.
The token is set to launch on the 27th of October, 2023, with a measly circulating market cap of $50,000 and a fully diluted market cap of $500,000. Major exchanges have committed to listing the token after it goes live, and the team have partnered with World Table Tennis to introduce TokenFi to 120 million people across the globe.
The Floki team are confident that their new project will thrive for at least four years, due to their strong community of over 460,000 holders and impressive partnerships. Commenting on the launch, a spokesperson for Floki said: “This is the perfect cryptocurrency that tends to appear out of nowhere every once in a while: a focus on a great industry with long-term sustainability, highly capable and connected team with a proven track record, solid concept, a strong community, and an aggressive will and plan to push the cryptocurrency to make it a success.”
Floki’s new token is launching at a time when the tokenization industry is predicted to be worth $16 trillion by 2030, and has been called “the next evolution in markets” by BlackRock, the world’s biggest institutional investor.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.