Recently, there has been a remarkable development in the memecoin market. Especially Floki coin (FLOKI), while there was a general downward trend in the cryptocurrency markets, there was a noticeable increase in its price as a result of a cryptocurrency whale purchasing a large amount of FLOKI. This is considered a significant change in market dynamics and investors are closely monitoring such movements.
The ingestion of 19 billion FLOKI by a whale was detected by monitoring platforms such as Scopescan. This transaction caused FLOKI's value to increase, despite a general downward trend in the market. The purchase was made specifically on KuCoin, OKX and Gate.io exchanges, which may affect the balance of supply and demand in the market for FLOKI.
