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- Meme cryptocurrency FLOKI has announced a strategic marketing collaboration with Binance Pay, set to accelerate its adoption as a viable payment token.
- The partnership not only boosts FLOKI’s utility but also extends its exposure to Binance Pay’s substantial user base, signaling a significant leap in the meme coin’s growth trajectory.
FLOKI, the meme cryptocurrency often considered a rival to Shiba Inu, has announced a significant strategic partnership with Binance Pay. As part of this collaboration, FLOKI is launching a marketing campaign that is likely to propel its adoption as a widely accepted payment token. At the time of reporting, FLOKI is trading at $0.00003193, showing a 1.22% increase over the past 24 hours, as indicated by CoinMarketCap data.
#Floki has launched a strategic marketing partnership with #Binance Pay.
The campaign will boost adoption for $FLOKI through a strategic marketing campaign with Binance Pay that rewards users who purchase at least $1 worth of goods from eligible Binance Marketplace merchants. pic.twitter.com/DsTBPK2NJi
— FLOKI (@RealFlokiInu) June 1, 2023
This strategic alliance with Binance Pay, a well-established payment gateway, is expected to give a significant boost to FLOKI’s utility. As part of the agreement, users making purchases of at least one USD value from merchants on the Binance Marketplace will receive rewards if they pay using FLOKI. Specifically, they will earn cashback on their initial purchase. This promotional campaign is set to run for the entire month of June.
In a series of tweets, FLOKI confirmed that Binance Pay would provide robust support for this promotional campaign through its various channels, including the Binance Pay homepage and its social media profiles across multiple platforms. This partnership will not only enhance FLOKI’s functionality but also ensure exposure to the vast user base of Binance Pay, an app that has already seen more than 50 million downloads on Android alone, with many more on iOS.
In a separate development, FLOKI has also become a usable form of payment on the prominent Chinese e-commerce platform, AliExpress. This development came to light after AliExpress integrated with Shopping.io, a platform that accepts over 150 different cryptocurrencies for transactions.
The integration with AliExpress marks another significant step in expanding FLOKI’s utility. With the ability to purchase more than 100 million products on AliExpress, which delivers to 200 countries globally, FLOKI users have a wider scope to utilize their tokens, further enhancing FLOKI’s position in the meme coin market.