Floki's Valhalla Metaverse Partners with Sunderland AFC for 2024/25 Season
Floki has announced that its flagship metaverse game, Valhalla, will serve as the primary back-of-shirt sponsor for Sunderland AFC throughout the 2024/25 season.
Partnership Highlights:
- Valhalla will gain visibility to over 21 million TV viewers across 4,500+ broadcast hours.
- The game will also be promoted to Sunderland's 4 million social media followers.
- Floki aims to enhance the adoption of its meme coin through this partnership.
Simon's Cat Token Launch on TokenFi
Floki has also announced the upcoming launch of the Simon's Cat token on TokenFi. This marks the first significant cat meme coin on the BNB Chain. Floki holders will receive an airdrop of a portion of the token supply.
Market Analysis
Despite market volatility, 71% of Floki holders are currently in profit. Over the past month, the meme coin has declined by 12.7%.
Crypto traders believe that Floki is not merely a meme but a growing gaming movement. They anticipate that the Sunderland partnership will bolster Floki's adoption and utility, potentially surpassing other popular meme coins like Dogecoin, Shiba Inu, and Pepe.
Technical Analysis
Based on technical analysis, early December may be a significant period for Floki. It is believed that the market may correct further before a potential uptrend.
Upcoming Event
The impact of meme coins will be explored at Benzinga's "Future of Digital Assets" event on November 19th.