Post By: CryptosHeadlines.com

During the inaugural week of its staking program, more than $54.4 million worth of FLOKI tokens have been securely locked.

To provide some context, this locked value represents approximately 17% of the total FLOKI token supply or nearly 18% of the tokens currently in circulation.
Floki’s official Twitter account emphasized, “It’s important to note that a significant portion of these tokens are staked for extended periods, up to 4 years. In essence, under normal circumstances, most of these tokens are unlikely to be traded or circulated for the next 4 years.”
It’s important to highlight that more than half of the overall supply of Floki’s sibling token, TOKEN, is allocated to FLOKI stakers. This arrangement allows stakers the potential to earn TOKEN rewards spanning a four-year period, offering an annual percentage yield (APY) that can reach up to 160%.
The TOKEN rewards are linked to TokenFi, a tokenization platform with ambitions in the tokenization industry.
Recently, FLOKI experienced a surge following a dispute between the Floki protocol and the Bitget crypto exchange teams. Both parties accused each other of market manipulation related to the token listing. These allegations emerged through social media posts from the Floki team and a blog post from Bitget.
Current Market Performance: As of the present moment, FLOKI is trading at $0.00003099, marking a 1.99% increase in the past 24 hours.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#CryptoMarket #Bitcoin #CryptoNews #FLOKIFI #FlokiInu

FLOKI Price Soars 5% As 7 Bln Coins Accumulated, Price To Uphold Momentum?

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After a volatile trading session, Floki Inu's (FLOKI) price surged notably in the past 24 hours, primarily against the backdrop of massive accumulations.

HIGHLIGHTS
A trader has been recorded accumulating massive amounts of FLOKI despite the coin already being on a bull run this year.

The transactions have instilled hope on Floki Inu's future price movements.

FLOKI was up 5% today, with further gains potentially looming.

Floki Inu (FLOKI), a renowned dog-themed meme token, has recently raised eyebrows across the broader crypto landscape.

Embarking on a bull run amid this year’s bull cycle, the meme-based token’s price has continued to defy market expectations, surging to unprecedented levels.

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Post By: CryptosHeadlines.com

There’s been a heated argument in the cryptocurrency community involving Floki Inu (FLOKI) and Bitget, a crypto exchange. The dispute began when Bitget listed TokenFi (TOKEN) and then accused them of market manipulation, listing without permission, and lacking enough funds to cover transactions.On October 27, 2023, Bitget announced that it was adding TokenFi (TOKEN) to its Spot market’s Innovation Zone. However, shortly after TokenFi started trading, there were significant price swings that raised suspicions of market manipulation.
Concerns grew when it was revealed that TokenFi’s project team had only contributed a small amount, less than $2,000 worth of tokens, to decentralized exchanges (DEXes), hinting at potential manipulation of initial liquidity.
Furthermore, an examination of the TokenFi project revealed more issues, such as a confusing token system and an unclear schedule for releasing tokens.
To protect its users, Bitget made the decision to remove TokenFi (TOKEN) from its platform and launched a plan to buy back the tokens held by users.
Floki Inu Accuses Bitget of Violating Listing Agreement
Floki Inu, a meme coin protocol, has accused Bitget, a crypto exchange, of breaking their agreement not to list TOKEN until seven days after its launch. Floki Inu stated that they had discussions with several top-tier exchanges in the cryptocurrency industry, and these exchanges agreed to wait for the specified period, despite their initial interest in listing TOKEN earlier.
However, Bitget, which Floki Inu considered the smallest exchange among those involved, reportedly announced the listing of a fake version of TOKEN just 12 minutes before the official launch on the blockchain.
Floki Inu also claimed that Bitget engaged in deceptive trading practices by manipulating TOKEN’s trading volume without evidence of holding the actual tokens. Bitget’s initial announcement even indicated that withdrawals would open 24 hours after trading started, which raised concerns about potential price manipulation. However, the market didn’t react as Bitget had expected, resulting in financial losses.
The situation worsened as users faced difficulties withdrawing TOKEN from Bitget’s platform, and some users allegedly got banned for making complaints. Floki Inu tried to address the issue with Bitget, but they found the response unsatisfactory, including a request to report liquidity issues to Bitget’s support team.
Floki Inu’s Accusations Against Bitget
Following discussions between Floki Inu and Bitget, it was revealed that Bitget needed around 1 billion TokenFi tokens to meet user withdrawal requests and cover their financial shortfall. This amounted to roughly 10% of TokenFi’s total supply, equivalent to about $20 million at the time of Bitget’s statement.
Floki Inu accused Bitget of acting in “bad faith” and trying to resolve the situation through an over-the-counter (OTC) deal at a heavily discounted rate. The proposed 90% discount from the market price raised concerns, as it was argued that Bitget should take responsibility for its actions and the resulting financial deficit.
In response to Bitget’s announcement of delisting TokenFi and allegations of market manipulation, Floki Inu disputed Bitget’s claims. They argued that Bitget had listed the token against their explicit instructions and falsely accused the Floki Inu team of manipulating prices.
Floki also challenged Bitget to provide verifiable evidence of their holdings of TOKEN and FLOKI, expressing concerns about Bitget’s financial stability and risk management practices.
Ultimately, Floki Inu cautioned its users against trading or holding FLOKI on Bitget, citing “troubling patterns” observed during the TokenFi incident. As the situation unfolds, the cryptocurrency community is eagerly awaiting further information and resolution regarding the allegations and their impact on affected users.

FLOKI’s retracement on the 4-hour chart. Source: FLOKIUSDT on TradingView.com
In light of these developments, FLOKI has retraced more than 9% in the last 24 hours, with its current trading price at $0.00003250. Despite this recent drop, the token has shown a remarkable 85% increase over the past two weeks.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
#Bitcoin #CryptoNews #FlokiInu #FLOKI #bitgetglobal

Dogecoin’s recent price surge is significantly boosting FLOKI’s potential, especially with the backing of Elon Musk.

As Dogecoin continues to rise, it’s increasing interest in FLOKI, thanks to their historical correlation and FLOKI’s limited supply along with its buy-burn mechanism, which helps stabilize its price.
FLOKI’s Price Potential Linked to Dogecoin Surge
The positive impact of Dogecoin’s rally is extending throughout the memecoin market. Elon Musk sees this trend as a significant opportunity for other dog-themed cryptocurrencies, including FLOKI.

Source: X

Historically, FLOKI has followed Dogecoin’s movements, and this trend is expected to continue. Currently, a quarter of FLOKI’s circulating supply, or 2.39 trillion tokens, is locked, which reduces the number of tokens available for trading.
FLOKI’s ecosystem also includes a bot that collects fees and uses them to buy and burn tokens. This mechanism further reduces the supply of FLOKI, potentially supporting its price.
The strong correlation between Dogecoin and FLOKI is well-established. When Dogecoin sees a significant price increase, FLOKI often experiences a similar rise.
FLOKI’s Growth Potential Amid Dogecoin’s Surge

Investors often seek out related assets for the next big opportunity, creating a ripple effect in the market. FLOKI, with its distinctive features and strong community support, emerges as a promising candidate for growth.
Elon Musk’s endorsement adds considerable weight to this sentiment. Known for his influence on cryptocurrency markets, Musk’s social media comments have historically impacted prices. His recent post has highlighted the potential for significant gains in FLOKI, reigniting interest and investment.

FLOKI’s price potential is further supported by its locked supply and buy-and-burn mechanism. With a portion of the supply locked away and more tokens being burned, the remaining FLOKI becomes more valuable. This, combined with increased demand driven by Dogecoin’s rally, creates a favorable outlook for FLOKI.
Dogecoin’s impressive rise sets a bullish tone for FLOKI and other memecoins. The historical correlation, reduced supply, and influential endorsements all contribute to a promising future for FLOKI.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Dogecoin #FlokiInu #Floki #Doge #ETH_ETF_Approval_23July $FLOKI $DOGE $BTC

Floki Inu (FLOKI) has experienced a remarkable 30% surge in price, securing a position in the top 100 cryptocurrencies by market capitalization.The introduction of TokenFi, a tokenization platform, has significantly contributed to this surge, attracting increased interest and trading volume.
Floki Inu’s Remarkable Ascent: The Catalysts and Implications
In a notable display of market resilience and potential, Floki Inu (FLOKI) has surged by 30%, claiming a prestigious spot amongst the top 100 cryptocurrencies by market capitalization. This performance is not just reflected in its price, which hit $0.00004012, but also in its trading volume and market capitalization, which witnessed a 101% and 26% increase, reaching $346,337,681 and $380,541,869 respectively.

TokenFi: A Game-Changer for Floki Inu
At the core of FLOKI’s impressive rally is the announcement of TokenFi, a revolutionary tokenization platform. Set to navigate the burgeoning industry projected to be worth over $16 trillion by 2030, TokenFi positions Floki Inu as a strong contender in the crypto space.
The community’s reaction was swift and positive, as investors rallied behind FLOKI, propelling its value to a peak not seen since May. Subsequently, FLOKI’s market position improved from the 97th to the 89th spot, showcasing a 115% growth within a week.
In comparison to other notable altcoins such as SUI, Terra Classic (LUNC), and DASH, FLOKI now stands taller, reflecting its newfound vigor in the market.
Binance’s Search Trends and FLOKI’s Trading Volume: A Symbiotic Relationship
Binance, one of the world’s leading cryptocurrency exchanges, has witnessed a surge in FLOKI searches, placing it fourth in terms of crypto search popularity. This increase in search volume is in sync with FLOKI’s trading activity, indicating a heightened investor interest and participation.
TokenFi’s Strategic Role in Floki Inu’s Ecosystem
TokenFi emerges as a strategic innovation, integral to Floki Inu’s quest for sustained relevance and competitiveness in the Web3 ecosystem. The Floki team has outlined a clear utility for FLOKI holders, offering them the opportunity to earn TOKEN through staking, once TOKEN becomes tradeable.
This strategic move places Floki Inu in direct competition with other altcoins such as Shiba Inu, which launched Shibarium in August, and BabyDoge, which introduced its Play-to-Earn game in March, highlighting Floki Inu’s ambition and strategic positioning in the crypto landscape.
⚠️Disclaimer:
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#FlokiInu #Meme $FLOKI

Analyst Predicts Significant Gains for Dogecoin Rival, Floki

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Analyst predicts significant gains for Floki, a Dogecoin rival.
Floki could rise to at least $10 billion in market value.
Floki's price has increased by over 1000% in four months.

In the cryptocurrency markets, a closely followed analyst suggested that Dogecoin’s (DOGE) strong competitor, Floki (FLOKI), is poised for greater gains. Crypto analyst Kaleo claimed on social media platform X that Floki’s market value could rise to at least $10 billion, tripling its current value.

The popular crypto analyst suggested that Floki could progress further after forming a cup and handle pattern, a technical indicator of an upward trend. The senior analyst stated:

No need for a fancy chart here. Look at FLOKI. It’s retesting its all-time high from 2021. Clear the resistances on the high time frame. BNB price discovery is on the brink. Meme token’s super cycle. This situation could easily push it above $10 billion in the next phase.

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In the cryptocurrency markets, a closely followed analyst suggested that Dogecoin’s (DOGE) strong competitor, Floki (FLOKI), is poised for greater gains.

Crypto analyst Kaleo claimed on social media platform X that Floki’s market value could rise to at least $10 billion, tripling its current value.

The popular crypto analyst suggested that Floki could progress further after forming a cup and handle pattern, a technical indicator of an upward trend.

The senior analyst stated: Access NEWSLINKER to get the latest technology news.

No need for a fancy chart here. Look at FLOKI. It’s retesting its all-time high from 2021.

Clear the resistances on the high time frame. BNB price discovery is on the brink.

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Meme token’s super cycle. This situation could easily push it above $10 billion in the next phase.

#Floki #ShibaInu #Dogecoin #PEPE #FlokiInu $FLOKI $DOGE $SHIB

FLOKI Price Rallies As 15.25B Token Burn Proposal Receives Approval
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The FLOKI price soars today as 99.8% of the votes were casted in favor of the 15.24 billion token burn proposal, sparking optimism among the market participants.
FLOKI, the meme cryptocurrency, has experienced a notable surge of approximately 6% today, following the approval of a significant token burn proposal by the FLOKI DAO.
This development, coupled with recent major listings and exchange integrations, has ignited optimism within the FLOKI community, hinting at a potential continuation of its upward trajectory. So, let’s take a look at the recent developments of FLOKI and how it may impact the crypto’s price.
FLOKI Token Burn Proposal Receives Approval
The FLOKI community witnessed a decisive moment as the FLOKI DAO overwhelmingly voted in favor of burning.

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5% drop in FLOKI’s price over the last 24 hours, market sentiment remained bullish as its Altrank surged to #1. Indicators are now suggesting a potential trend reversal.
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A few days ago, FLOKI surged above a bullish pattern, suggesting potential for continued price increases. Recent data shows the memecoin is progressing well toward its targets. Additionally, a significant proposal was approved recently, expected to contribute to further growth in its market performance.

FLOKI Breaks Bullish Pattern with Potential for Price Surge
Recently, World Of Chart, a popular crypto-analyst, highlighted FLOKI’s breakout above a bullish symmetrical triangle pattern. This pattern emerged in March, and FLOKI successfully surpassed it just a few days ago, potentially setting the stage for a significant price increase of up to +100%. Since the breakout, FLOKI has appreciated by over 15%, indicating positive momentum for the memecoin.

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Additionally, FLOKI announced the passing of a major proposal. According to its official communication on X handle, FLOKI DAO voted overwhelmingly in favor of burning 15,246,000,000 FLOKI tokens, with 99.84% of the votes supporting the burn. This deflationary measure could positively impact FLOKI’s future price performance by reducing circulating supply, a factor known to potentially drive asset prices higher.
Mixed Signals for FLOKI Amidst Optimistic Developments
Despite optimistic developments, FLOKI faced a different reality on the ground, with its price declining nearly 5% in just 24 hours, according to CoinMarketCap. Currently trading at $0.0002121 with a market capitalization exceeding $2 billion, the memecoin’s trajectory may soon shift.

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LunarCrush’s latest tweet revealed that FLOKI’s Altrank surged to #1. Altrank, a metric combining special and market activity, suggests a potential price uptick for FLOKI in the near future.
Also Read:   Chainlink's LINK Token Jumps After DTCC Report

Floki-on-Ethereum- Source: Santiment

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Market sentiment surrounding FLOKI remained positive despite the recent price drop, reflected in its high weighted sentiment and MVRV ratio exceeding 25%, signaling bullish sentiment. However, an increase in the memecoin’s funding rate could pose challenges, as price movements typically oppose funding rate trends.

FLOKIUSDT – Source: TradingView
Despite these challenges, several market indicators remained optimistic. FLOKI’s price was above its 20-day Simple Moving Average (SMA) according to Bollinger Bands, while both the Chaikin Money Flow (CMF) and Relative Strength Index (RSI) indicated price hikes, suggesting a potential reversal of the bearish trend.

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Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#Bitcoin #Ethereum #Floki #FlokiInu #SHIB $FLOKI $SHIB $BTC