A closely followed crypto strategist believes one red-hot Shiba Inu (SHIB) rival will be a top performer in the ongoing bull market.

Pseudonymous analyst Inmortal tells his 211,200 followers on the social media platform X that he is bullish on the dog-themed crypto asset Floki (FLOKI) due to significant project announcements.

“Important announcement on Thursday. Roadmap release on Friday. Nothing stops this train. This is what is positioning FLOKI to be the main memecoin in this bullrun.”

Floki and its sister project TokenFi, a crypto and asset tokenization platform, are reportedly set to serve as official partners of the World Table Tennis Championship hosted by South Korea this month, which is expected to draw 450 million viewers.

Floki developers have also announced a project roadmap that includes the launch of a financial product that will offer customers regulated digital banking accounts funded with FLOKI tokens.

The accounts would come with debit cards and may be denominated in USD, EUR and GBP.

Says Floki,

“These accounts will be facilitated through a key partner licensed in four key jurisdictions: Canada, Spain, Dominica, Australia, and the UAE.”

Floki also intends to offer staking services.

“We will be introducing a Floki Staking-as-a-Service program that allows other token projects to create their token staking programs directly through our platform.”

At time of writing, FLOKI is trading for $0.000236, up over 12% in the last 24 hours.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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