Crypto Gloom

Floki is planning an advertising campaign to light up New York’s Times Square.

Floki (FLOKI) is preparing an ambitious advertising campaign to showcase its eponymous meme token in New York’s iconic Times Square over the course of about three months.

Floki lights up Times Square

Floki is running a strong advertising campaign in New York’s Times Square Plaza, with ads running continuously on large HD LED screens starting March 15th.

The initiative aims to attract the attention of both New Yorkers and visitors to increase visibility for MEMCOIN.

Floki’s strategically placed ads occupy a prominent position next to the Nasdaq billboard around 1500 Broadway on West 43rd Street in New York.

The digital screen measures 56 feet wide and 29 feet tall, standing five stories tall and covering 1,624 square feet, which exceeds the average size of a Manhattan home, according to a comparison highlighted by PropertyShark.

Floki’s ads run at 10-second intervals, at least four times per hour, with screens on for 20 hours from 6 a.m. to 2 a.m. every day. A minimum of 7,440 individual displays will appear on this schedule during the campaign period. advertisement.

1500 Broadway Spectacular is the ideal location to reach a wide audience. Times Square welcomes approximately 330,000 visitors daily and approximately 50 million visitors annually, making it one of the most visited attractions in the United States.

By strategically leveraging this iconic location, Floki demonstrates its commitment to expanding its presence in the cryptocurrency market and helping to expand the influence of cryptocurrency in mainstream advertising.

This campaign signals Floki’s commitment to raising awareness about cryptocurrencies and strengthening its market presence through innovative marketing strategies.

Floki’s Bullish Momentum

In addition to its marketing efforts, Floki has seen an incredible price surge, surging more than 2.4% in the last 24 hours and 593% in the last 14 days.

This surge is part of a broader growth trend in the meme coin sector. Moreover, Floki’s ecosystem has undergone significant developments, most notably the launch of its flagship Play-to-Earn (P2E) metaverse game. Valhalla is currently in the testnet phase and is planning a mainnet deployment later this year.

Floki also announced the burning of $45 million worth of tokens and achieved an all-time high Total Value Locked (TVL) in its staking program across the Ethereum and Binance Smart Chain networks.

This performance, combined with a marketing push, has contributed to a surge in market performance and increased optimism surrounding Floki’s prospects within the cryptocurrency landscape.

Currently trading at around $0.0002438, technical analysis shows that Floki’s price has bounced off the support level of $0.00002700, with buyers regaining momentum and pushing the price higher.

The token broke out of its descending channel pattern and broke above key resistance levels like $0.00003350 and is currently targeting the $0.0004000 level.

Price sentiment indicates that Floki may test higher levels around $0.0004400 and $0.0004600, indicating a potential bullish rally.

Market sentiment remains positive, with further price rises expected based on technical indicators such as RSI (relative strength index) and MACD (moving average convergence divergence).

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