Floki, a popular dog-themed memecoin, has decided to invest $200,000 in its sister project, Simon’s Cat, a feline-themed memecoin. This move sparked a significant price surge for both tokens, showcasing the power of inter-community collaborations in the memecoin space. Floki’s strategic shift towards building a utility-driven ecosystem, coupled with its recent partnership with the English Premier League, is attracting further attention and contributing to its growth.