Key Points:
- Floki Inu stated that the crypto community needs to be alert to fake FLOKI airdrop messages and videos, and the relevant content is a scam.
- It did not conduct any airdrops and did not plan to do any.
- Users who connect their wallets to these fraudulent websites will lose their encrypted assets.
Floki Inu, a Shiba Inu dog breed-themed project, stated on Twitter that the crypto community needs to be alert to fake FLOKI airdrop messages and videos, and the relevant content is a scam.
The Floki Inu team warns the audience that there is currently no FLOKI airdrop taking place. Users will lose their crypto assets if they link their wallets to these bogus websites.
Floki Inu is a top memecoin on BNB Chain and the third biggest in the blockchain sector by market value. Its native FLOKI token provides several utilities and is accepted by a variety of retailers and payment providers throughout the globe. The cryptocurrency may also be traded on top-tier exchanges such as Bybit, OKX, and Kucoin.
Elon Musk started Floki Inu with a tweet. When the millionaire declared that he would call his Shiba Inu puppy Floki, a flood of ‘Floki’ dogcoins ensued. Floki Inu is the most successful of them. The project is presently the third most popular meme token on the market, after only Dogecoin and Shiba Inu. It is supported by a dedicated fan base and an aggressive marketing strategy.
It’s no wonder that fraudsters are targeting the coin, given its widespread acceptance in the industry.
FLOKI utility has got a significant boost with the integration of the important protocol CoinRabbit, which enables users to lend and borrow cryptocurrency. FLOKI meme currencies, as well as Bitcoin, Ethereum, and Dogecoin, may now be used as collateral to borrow stablecoins (USDT, USDC, and BUSD). Nevertheless, the Floki Inu handle advises that this DeFi usage of FLOKI may cause users to lose their cash. The FLOKI team urges that consumers keep this in mind before using any DeFi protocol.
A few days ago, FLOKI rose more than 10% after being highlighted on the Chinese TV channel CCTV-5 during the broadcast of the 2023 World Table Tennis Championships, positioning itself for increasing cryptocurrency acceptance and use in China.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Harold
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