Solana

FLOKI

Base

SPACE ID

Floki Inu, a memecoin project, has alerted its users and the cryptocurrency community about ongoing scams involving unauthorized tokens falsely associated with its brand on <a href="https://coingape.com/tag/solana-sol/" rel="noopener noreferrer nofollow">Solana</a> and Base blockchains.
<h2 id="strong-floki-inu-s-warning-to-investors-strong">Floki Inu’s Warning to Investors</h2>
The official Twitter handle of <a href="https://coingape.com/floki-price-soars-10-token-burn-proposal-gains-majority-support/" rel="noopener noreferrer nofollow">Floki Inu</a>, @RealFlokiInu, took to social media to warn its followers about the scam tokens, noting that the original FLOKI token is only available on the Binance Smart Chain (BNB) and Ethereum (ETH) networks.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;"> Scam Warning <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6a8.png" alt="🚨" class="wp-smiley" style="height: 1em; max-height: 1em;">
 It has come to our attention that there are scams claiming <a href="https://twitter.com/hashtag/Floki?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Floki</a> has a token on <a href="https://twitter.com/hashtag/Base?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Base</a> or <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solana</a>.
 Please note: <a href="https://twitter.com/search?q=%24FLOKI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FLOKI</a> is ONLY tradeable on the <a href="https://twitter.com/search?q=%24BNB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BNB</a> and <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> chains with the following correct contract addresses:
 ETH:…
 — FLOKI (@RealFlokiInu) <a href="https://twitter.com/RealFlokiInu/status/1807133238055628806?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 29, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
The cryptocurrency project shared correct contract addresses for its tokens on these platforms, stressing that users should only obtain token information from official sources to avoid being scammed. The correct contract addresses are:
<ul>
 <li style="font-weight: 400;" aria-level="1">ETH: 0xcf0c122c6b73ff809c693db761e7baebe62b6a2e</li>
 <li style="font-weight: 400;" aria-level="1">BNB: 0xfb5b838b6cfeedc2873ab27866079ac55363d37e</li>
</ul>
These measures are indicative of Floki Inu’s preparedness to curb the incidences of scam projects that exploit the brand to dupe investors.
<h2 id="expanding-utilities-and-reward-scheme">Expanding Utilities and Reward Scheme</h2>
Despite these security threats, <a href="https://coingape.com/trending/whats-happening-with-floki-price-recovery-or-fall-next/" rel="noopener noreferrer nofollow">Floki Inu</a> has been enhancing the functionality and usage of its ecosystem with significant projects such as the FLOKI Name Service. This new service which has been rolled out on the BNB Chain mainnet, enables people to register Decentralized domain names with the .floki extension, enhancing the practical utility of the Floki Inu token within its growing ecosystem.&nbsp;
This service leverages the SPACE ID architecture to ensure interoperability with several DApps, including popular wallets and exchanges like Trust Wallet and <a href="https://coingape.com/tag/pancakeswap/" rel="noopener noreferrer nofollow">PancakeSwap</a>.
Meanwhile, the memecoin project FLOKI has also marked a milestone of having more than 417,400 holders on the BNB Chain. In celebration of this achievement, FLOKI launched a rewards program where holders could claim a percentage of interest rewards. Consequently, this was made known to the community on X, as the project continues to ensure that its loyal supporters are being rewarded.
In addition, FLOKI has grown substantially, including its recent listing on Binance Thailand and reaching over 610,000 followers on X.
<h2 id="strong-floki-price-trend-strong">FLOKI Price Trend</h2>
<a href="https://coingape.com/price/floki-inu/" rel="noopener noreferrer nofollow">Floki price</a>, meanwhile, has been bullish in the last 24 hours despite failing to breach the intra-day high of $0.0001709. Bears seized market control due to this pullback from the resistance before support was established at $0.0001626.&nbsp;
At press time, FLOKI was trading at $0.0001638, a 0.18% surge from the intra-day low.&nbsp;
During the rally, FLOKI’s market capitalization surged by 0.18% to $0.0001638, while the 24-hour trading volume fell by 25% to $121,799,971. This decline in the trading volume suggests that traders may be taking profit from the recent bullish rally.
Read Also: <a href="https://coingape.com/floki-celebrates-417400-holder-milestone-plots-mega-move-in-india/" rel="noopener noreferrer nofollow">FLOKI Celebrates 417,400 Holder Milestone, Plots Mega Move In India</a>
The post <a href="https://coingape.com/floki-inu-warns-against-scam-tokens-on-solana-and-base/" rel="noopener noreferrer nofollow">Floki Inu Warns Against Scam Tokens on Solana and Base</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Floki Inu Warns Against Scam Tokens on Solana and Base

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Coingape News Media

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