Shiba Inu Billionaire And Floki Inu Markets Itself In London As The Next Dogecoin

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Last Updated on 1 November 2021 by CryptoTips.eu

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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Shiba Inu, the memecoin that has seen a stellar rise in the past few months, is not kidding around when it comes to astronomical returns. Earlier this week the memecoin made it to a CNN panel and it has now turned an investor into a billionaire as well.

Back in August 2020, a crypto wallet apparently moved $8,000 into Shiba Inu. It is now worth, depending on Shiba Inu’s price point at the time of writing, between 5 and 7 billion dollars.

Advertentie.

Floki, Puppy, Tesla

A cryptocoin inspired by Tesla CEO Elon Musk’s very own Shiba Inu puppy is breaking ground on the London underground and soon on Los Angeles billboards as well. Whereas all of us are still focused on the fight between Dogecoin and Shiba Inu as to who gains the upper hand in the CoinMarketCap top 10, Floki Inu (Floki) is presenting itself already as the new memecoin that could rise exponentially.

London’s metro system is seeing a growing number of travelers now that offices are reopening. Those commuters are greeted by digital meme coin Floki Inu, named after Dogefather Elon Musk’s own dog, which is plastered all over the underground system.

The slogan “Missed Doge? Get Floki” is getting a lot of attraction and this could only be the beginning as Los Angeles is up next.

Floki is also seen on trams in Amsterdam.

Colorful emojis

The marketing head of the Floki coin company explained in UK media this week that the ads aim to “legitimise” the coin and increase the “confidence of the average consumer” to buy.

You get a lot of scam artists in this game. These advertising campaigns will run together and will be a full out assault of the London public transportation system.

Even Hayley Brady, partner at law firm Herbert Smith Freehills commented:

These ads are colorful. They have emojis. They are targeting or could target a quite different market than traditional investments.

It remains to be seen whether these advertisements will have any effect but judging from the meteoric rises of Doge and Shiba Inu in the past months already, it was to be expected that more memecoins would follow suit.

marythepooh / Depositphotos.com