Floki Inu (FLOKI), a cryptocurrency inspired by the Shiba Inu dog breed, saw a significant surge in trading volumes on Monday, with an increase of 232.83% to over $99 million. The surge is attributed to the exposure gained through the advertisement of the Valhalla Metaverse game during Chinese sporting tournaments, which caught the attention of speculators and led to speculation that new traders from China might be drawn to the tokens.

Floki developers have acknowledged the increasing presence of Chinese community members on their social media platforms, indicating a growing interest in the project from Chinese investors. The rise in trading volumes and network activity for Floki Inu highlights the project's momentum and potential for future growth in the cryptocurrency market, particularly in the Chinese market.