Skip to main content

Market Overview

Floki Inu Promises 'To Go Mainstream In Nigeria'

Share:
Floki Inu Promises 'To Go Mainstream In Nigeria'

Floki Inu (CRYPTO: FLOKI) — a memecoin challenging the dominance of Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) — promised its followers it would "go mainstream in Nigeria."

What Happened: In a Thursday announcement, Floki Inu wrote it would "go mainstream in Nigeria" by the means of a large-scale, three-month-long marketing campaign in the country. The team promises "in all, it's going to be impossible not to hear about FLOKI in Nigeria starting this month and through February 2022."

Floki Inu's "Nigerian campaign" is expected to generate more than 93 million impressions from November to February 2022. The coin's team plans to have the brand featured on the profiles of 16 major local crypto influencers, Nigeria's most popular social media curators and aggregators including Instablog, Kraks TV, Zikoko and Funny African Pix, as well as "all the biggest news publications with a combined readership of 62 million people."

Floki Inu's decision to conduct such an intense marketing campaign in Nigeria out of all places is neither random nor ill-advised. Earlier this year BBC News described the country as "a global leader in Bitcoin trade" and the coin's team claims it "routinely ranks number 1 or number 2 in terms of global cryptocurrency usage."

The announcement follows a recent intense campaign that saw a big chunk of London be carpeted with "MISSED $DOGE? GET $FLOKI" ads, resulting in local regulators striking back against crypto advertising. 

Photo: jbdodane via Flickr Creative Commons

 

Related Articles ($FLOKI)

View Comments and Join the Discussion!

Posted-In: NigeriaCryptocurrency News Global Markets Best of Benzinga

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com