DWF Labs will buy $12 million worth of Floki tokens to support the meme coin's growing ecosystem, one Floki developer said.
The purchase follows February's commitment to buy $10 million worth of FLOKI tokens, which contributed to a 50% price increase at the time.tokens from the open market and the Floki treasury to support the dog meme coin-turned-utility project’s growing ecosystem, Floki developer “B” told CoinDesk on Tuesday.of FLOKI tokens in February, which contributed to a 50% jump in FLOKI prices the following week.
Floki will release the mainnet version of its flagship utility product, the Valhalla metaverse game, later this year, the developer said. In the coming weeks, Floki will also release several key utility products, including the Floki trading bot and the .floki domain name service. DWF’s purchases will support the growth of these ventures and provide the requisite liquidity.
Floki first announced a partnership with DWF Labs in May 2023, when the trading firm purchased $5 million worth of FLOKI tokens.FLOKI prices have risen 8% in the past 24 hours, beating the 0.4% advance of the CoinDesk 20 Index , a a measure of the wider crypto market.in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Binance denies reports of DWF Labs market manipulationBinance has denied the latest allegations surrounding alleged market manipulation from DWF Labs.
Fuente: Cointelegraph - 🏆 562. / 51 Leer más »
Fuente: CoinDesk - 🏆 291. / 63 Leer más »
Binance co-founder and DWF Labs speak out against market manipulation allegationsDWF Labs was founded in 2021 by Andrei Grachev.
Fuente: Cointelegraph - 🏆 562. / 51 Leer más »
Milady meme coin secures $5M investment from DWF LabsMilady Meme Coin (LADYS) has announced a significant US$5 million investment from DWF Labs
Fuente: Cointelegraph - 🏆 562. / 51 Leer más »
Fuente: Crypto_Potato - 🏆 568. / 51 Leer más »