The Floki Inu project team advised people to get information about the Floki Inu token from official sources because some new projects are pretending to be the original Floki team but are scammers.
Floki Inu is a meme-based cryptocurrency project inspired by Elon Musk’s Shiba Inu dog named Floki. The project aims to combine memes with real-world utility, offering features like a gaming metaverse, DeFi platforms, and NFTs. It has a strong community and emphasises transparency and security.
The current trade price of the Floki inu token is $0.0016 & this price is 563% higher over the last 12 months.
On 30 June 2024, The Floki Inu project team stated that some scam crypto projects are claiming the Floki token exists on the Base (Coinbase blockchain network) or Solana (a Proof-of-stake Crypto network).
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They emphasised that the $FLOKI token is only tradeable on the BNB and ETH chains, providing the correct contract addresses for each:
ETH: 0xcf0c122c6b73ff809c693db761e7baebe62b6a2e and BNB: 0xfb5b838b6cfeedc2873ab27866079ac55363d37e.
They warned that any other claims are false and deceptive, advising everyone to stay safe and verify information from official sources.
Crypto meme trend & scams
In 2024, thousands of meme tokens were created daily on the Solana, Base, and Binance Smart Chain (BSC) networks.
It is noticeable that the majority of retail crypto investors have been investing in meme tokens, over flagship crypto assets, with the hope of making a huge profit from a small investment in a short period.
Many bad actors are exploiting the meme token trend to deceive people by launching scam tokens, such as pump-and-dump or rug-pull schemes.
Read also: ETH spot ETF trading approval will not be possible before 8 July
https://bitcoinik.com/floki-inu-team-warns-of-scams-floki-only-tradeable-on-bnb-and-eth-chains-verify-official-sources/feed/
https://bitcoinik.com/floki-inu-team-warns-of-scams-floki-only-tradeable-on-bnb-and-eth-chains-verify-official-sources/feed/
