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No Floki Token on Solana, Shiba Inu Rival Issues Key Alert

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Shiba Inu rival Floki has issued an necessary rip-off warning to the cryptocurrency group. In a latest tweet, Floki raised an alarm relating to fraudulent claims that counsel the existence of a Floki token on the Base or Solana blockchains.

Floki has clarified that its token, FLOKI, is just tradeable on the Binance Good Chain (BNB) and Ethereum (ETH) blockchains. To stop any confusion and make sure the security of crypto individuals, Floki has offered the proper contract addresses for buying and selling on these two chains.

The staff has emphasised that another claims of FLOKI tokens current on totally different blockchains are fully false and makes an attempt to deceive the group. Floki’s proactive strategy goals to safeguard traders from falling prey to such scams.

🚨 Rip-off Warning 🚨

It has come to our consideration that there are scams claiming #Floki has a token on #Base or #Solana.

Please be aware: $FLOKI is ONLY tradeable on the $BNB and $ETH chains with the next appropriate contract addresses:

ETH:… pic.twitter.com/7CkNAY451w

— FLOKI (@RealFlokiInu) July 3, 2024

Floki’s message to crypto individuals is obvious: Keep secure and all the time confirm data from official sources. The staff urges the group to train due diligence and cross-check any data with official Floki channels earlier than making any transactions.

This alert serves as a reminder of the significance of vigilance within the cryptocurrency area, the place scams can typically seem official. The crypto group is urged to heed Floki’s warning and solely interact with verified contract addresses when buying and selling FLOKI tokens.

Floki dips 9% amid market sell-off

The cryptocurrency market has not too long ago skilled a big sell-off, resulting in a downturn within the costs of many digital property. Floki has not been proof against this development, recording declines amid the market turbulence.

The present market sell-off has been attributed to varied components comparable to macroeconomic uncertainty, together with profit-taking by retail traders and a scarcity of optimistic catalysts. With main cryptocurrencies like Bitcoin and Ethereum additionally dealing with declines, the influence on meme cash like Floki has been pronounced.

On the time of writing, FLOKI was down 9% within the final 24 hours to $0.00001653. Floki, which is a part of the broader ecosystem of dog-themed cryptocurrencies, has seen its buying and selling quantity enhance by 6.61% to $285 million over the past 24 hours.

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