Market maker DWF Labs has made a significant investment in FLOKI tokens, totaling $12 million. This investment will support the growth of the FLOKI project and its expanding ecosystem.
FLOKI is set to release new products, including a trading bot, a .floki domain name and website service, and the Valhalla metaverse game’s mainnet version. The collaboration between Floki and DWF Labs began in May 2023, with DWF initially investing $5 million in FLOKI tokens. This latest investment follows a previous $10 million acquisition by DWF Labs in February, which resulted in a 50% price increase within a week.
Despite the recent investment, FLOKI’s price has seen a slight decrease of over 6% in the last 24 hours, currently trading at $0.0003. DWF Labs has also committed $10 million over two years to TokenFi, Floki’s sister project focused on AI development. This continuous support from DWF Labs demonstrates a strong belief in the utility projects associated with Floki.
Furthermore, FLOKI has recently been listed on Revolut Business, making it more accessible to businesses in Europe. The investments and partnerships with DWF Labs highlight the potential for growth and development within the FLOKI ecosystem.
