Meme currencies’ popularity has soared recently, and crypto enthusiasts may not have had enough of this chance for big development. As a result, crypto enthusiasts are hunting for the next big coin to invest in early and benefit handsomely.
Only a few of the hundreds of new coins you introduce each day stand out and endure more than a few weeks. Baby Floki is one of those tokens that has gotten a lot of attention, and it was successfully launched to the $ 2k market six weeks ago, just days after Elon Musk gave birth to Floki, and the brand has already broken for a long time. Despite the difficult conditions and market instability at the time of debut, the company now has a solid market value of $ 8 million and a community of 18,000 owners.
Since then, the engineering team has been hard at work using marketing methods to establish a robust community. The team raises product awareness about NFT and free jingles while also giving back to the community through philanthropic initiatives.
One of the brand’s key goals during its debut was to give back to the community through donations to charities and other charitable causes, as it is a community-based brand. With a $ 10,000 gift to “Hope For Paws,” a humanitarian group that saves neglected and abandoned animals, the token took its first steps this week.
This endeavor provided them with the affection and attention they so desperately needed. However, the fund has already been created for a second gift, in which community donations will be immediately matched by a team of engineers and subsequently donated to a charity selected by the owners of $ BabyFloki. Furthermore, 25% of all NFT sales money is donated to the less fortunate.
Elon Musk, being a very wealthy living guy, a technologist, and a crypto fan, has a significant impact on the crypto world, particularly the meme coin market.
Crypto enthusiasts have already witnessed the impact they had on a few other currencies, such as Dogecoin and BabyDoge, which saw a dramatic jump in prices and market value following his post. Since then, most meme coins have tried unsuccessfully to gain the Tech billionaire’s “license” to be the next great thing by invading his official Twitter account, but few have succeeded.
Infant Floki, on the other hand, is taking a different approach to this, having set up an advertisement board near SpaceX headquarters in California on the third day following the launch to greet her baby Floki family. They also paid their Dogecoin dues and even prepared a Floki wallet to look for and join the community.
Crypto magnets even delivered a hidden ASCII artwork a few days ago, which enraged the public since it looked so much like the Baby Floki emblem.