DWF Labs Doubles Down on Floki Inu With $10M Token Purchase Over 2 Years
• DWF Labs commits to buying $10M in Floki Inu (FLOKI) tokens over 2 years to strengthen the Floki ecosystem
• This follows an initial $5M investment in FLOKI by DWF Labs in May 2023
• FLOKI has seen strong growth this year, with prices up 29.42% year-to-date and 60%+ in February
• FLOKI is rebranding to focus more on DeFi, following the path of other meme coins like Shiba Inu
• FLOKI faced regulatory scrutiny in Hong Kong but has taken compliance measures like blocking HK users from its staking programs