Memecoin Floki Inu targets Londoners in new advertising campaign
Although doggy-inspired meme coins are generally viewed with suspicion, the recent success of Shiba Inu demonstrates investor appetite for them exists. However, not all Dogecoin clones are equal. Shiba Inus success is partly down to its developing ecosystem, including a DEX, NFTs, staking, and supporting tokens in $LEASH and $BONE, which are live and operational right now. With Floki Inu lacking similar functionality, are the people behind it wasting their advertising spend?Is Floki Inu the next Dogecoin? Dogecoin‘s monumental rise earlier this year saw it post +15,000% gains in the five months to May. For that reason, it’s understandable that people are looking to copy the original. At present, theres no shortage of doggy-themed tokens being launched, including the newest kid on the block, FlokiGravity, up 290,000% today. Or Baby Floki Billionaire, which is relatively more established, having started on Binance Smart Chain on October 3, making a 1,300% run-up from launch to its all-time high on Saturday. Rightly or wrongly, as eluded to above, a significant aspect of their appeal is the millionaire-making potential they are seen to have. Keen to cash in, the team behind Floki posted a tweet on October 6 promoting their advertising campaign. It centers around the tagline “Missed Doge? Get