Floki Inu, a prominent memecoin project, has issued a warning to its community regarding fraudulent tokens imitating the brand on Solana and Base blockchains. This proactive measure aims to protect investors from scams that exploit the Floki Inu name.
Official Channels Key to Avoiding Scams
The official Floki Inu Twitter account, @RealFlokiInu, urged users to be cautious. They emphasized that the legitimate FLOKI token is solely available on the Binance Smart Chain (BNB) and Ethereum (ETH) networks. To further safeguard users, the project shared the correct contract addresses for its tokens on these platforms:
- Ethereum (ETH): 0xcf0c122c6b73ff809c693db761e7baebe62b6a2e
- Binance Smart Chain (BNB): 0xfb5b838b6cfeedc2873ab27866079ac55363d37e
Floki Inu strongly advises users to only acquire token information through official sources to prevent falling victim to scams.
Beyond Security: Expanding Utility and Rewarding Holders
While addressing security concerns, Floki Inu remains dedicated to fostering a robust ecosystem. The recent launch of the FLOKI Name Service on the BNB Chain mainnet exemplifies this commitment. This innovative service allows users to register decentralized domain names with the “.floki” extension, broadening the practical application of the FLOKI token within the Floki Inu ecosystem.
The FLOKI Name Service leverages the SPACE ID architecture, ensuring interoperability with various decentralized applications (dApps), including popular wallets like Trust Wallet and exchanges like PancakeSwap.
Celebrating Milestones and Rewarding Loyalty
Floki Inu has achieved a significant milestone, surpassing 417,400 holders on the BNB Chain. To commemorate this achievement, the project launched a rewards program offering holders a share of interest rewards. This initiative underscores Floki Inu’s commitment to rewarding its loyal community.
Furthermore, FLOKI has witnessed substantial growth, including a recent listing on Binance Thailand and surpassing 610,000 followers on a social media platform (platform name withheld).
Floki Price Movement
Despite failing to surpass its intraday high of $0.0001709, the price of FLOKI has exhibited bullish momentum over the past 24 hours. A brief pullback from resistance levels led to a temporary market correction, with support established at $0.0001626.
At the time of writing, FLOKI is trading at $0.0001638, reflecting a 0.18% increase from the intraday low. During the recent rally, FLOKI’s market capitalization witnessed a 0.18% rise to $0.0001638, while the 24-hour trading volume dipped by 25% to $121,799,971. This decline in trading volume could indicate profit-taking by traders following the recent price surge.
By implementing robust security measures, fostering ecosystem growth, and rewarding its community, Floki Inu positions itself for continued success in the ever-evolving memecoin landscape.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
About The Author
