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news-imageAugust 30, 2024

FLOKI Price Sinks as Team-Linked Wallet Moves 15 Billion Tokens

Floki (FLOKI), a meme coin created by fans of the Shiba Inu (SHIB) project, has experienced a 20% price drop in the last 24 hours. This sharp decline followed the reactivation of a previously dormant wallet.
Publisher: BeInCrypto
Sentiment: Negative
FLOKI

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Memecoin FLOKI Struggles To Compete With New Gambling Token

Floki Inu (FLOKI), once a rising star in the memecoin market, is now facing significant challenges as it struggles to keep up with a new and innovative contender: Mpeppe (MPEPE). This gambling-focused token is making waves with its cutting-edge technology and decentralized features, drawing attention away from Floki Inu (FLOKI).

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Floki drops 18%, this might be the reason

The meme crypto section witnessed increased selling pressure on Friday, recording a 2% drop in the market cap. The biggest of the meme coins like FLOKI and DOGS dropped by a heavy 18% and 16%, respectively, in the last 24 hours.

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