Floki Inu Price Surges 30% ; What's Happening?

Floki Inu (FLOKI), a popular meme coin, has been making waves since it was launched as investors try to get in as early as possible. From witnessing a massive price rally to becoming the most traded token among the 1000 largest BSC whales, this Shiba Inu rival has been the talk of the town.

FLOKI Inu becomes most traded coin by BSC whales

According to data from whale monitoring service WhaleStats, the 1000 largest BSC whales are holding onto millions of Floki Inu tokens, making it the most widely traded token among these whales, with the second-largest holding being Filecoin (FIL).

JUST IN: $FLOKI @realflokiinu flipped $FIL for MOST TRADED token among top 1000 #BSC whales
Peep the top 100 whales here: https://whalestats.com/Top1000BSC

(and hodl $BBW to see data for the top 1000!) #FLOKI #FIL #whalestats #babywhale #BBW

— WhaleStats – the top 1000 BSC richlist (@WhaleStatsBSC) February 23, 2023

Floki soars more than 30%

Created in honor of Elon Musk’s dog, Floki is a new meme-coin in the crypto space that has managed to gain popularity and price. It is trading at an average price of $0.0000513, up by 31.02% at the press time. Its 24-hour trading volume has been registered as $150,200,772, surging nearly 155.13%. However, it is ranked at 213th position on the CoinMarketCap.

On November 4, 2021, the coin registered its all-time high price (ATH) of $0.0003437. Since then, the Floki Inu price lost its traction and turned south and is currently trading at -88.38% below its all-time high price (ATH).

From its roadmap to tie up with Amino Rewards, there are various reasons for this recent price rally. According to Floki Inu’s official Twitter handle, this roadmap will provide transparency to the Floki Inu community regarding the project’s objectives.

And the alliance between Floki Inu and Amino Rewards, a Web3 rewards network for sports and health, will allow the platform to lock all their tokens exclusively with Floki’s crypto locker protocol, starting in the range of $4 million to $8 million.

Also Read: Shiba Inu News: Can LEASH Jump Into Top 100 Cryptos After BONE

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