According to the latest information, DWF Labs will purchase FLOKI worth $ 10 million to support the Floki Inu ecosystem.
Floki Inu team, sharing from account X, wrote:
“DWF Labs will purchase $10,000,000 worth of FLOKI tokens as part of its commitment to support the Floki Ecosystem.
The acquisition from the Floki treasury will last two years and help position Floki for aggressive dominance in both service and marketing, heading into what will likely be the most explosive bull run crypto has ever experienced.
Floki first announced its partnership with DWF Labs in May 2023, purchasing $5 million worth of FLOKI tokens.
Since then, they have contributed greatly to increasing the adoption of Floki by facilitating major exchange listings, helping to increase the adoption of our service by facilitating entry into key industry projects, and publicly supporting our progress and achievements.
“This massive purchase of FLOKI tokens will further deepen our relationship with DWF Labs while strategically positioning FLOKI for dominance in an increasingly competitive environment during this bull run.”
After the news, FLOKI price started to rise.
*This is not investment advice.