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Web3 Investment Firm DWF Labs to Purchase $12 Million in Floki Tokens to Support Ecosystem
Jun 4, 2024, 08:31 AM
Crypto trading and Web3 investment firm DWF Labs will purchase $12 million worth of Floki (FLOKI) tokens from the open market and the Floki treasury. This acquisition aims to support the expanding ecosystem of the meme coin-turned-utility project. The purchase follows DWF Labs' previous commitment in February to buy $10 million worth of FLOKI tokens, which contributed to a 50% price increase at the time.
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