Famous meme coin Floki Inu (FLOKI) has warned its community about fake tokens circulating on Solana and Base blockchains. This warning was made in a tweet where the developers stated that authentic FLOKI tokens are only available on the BNB Smart Chain and Ethereum networks.

Highlights from the Developer Statement

Developers emphasized that scams claiming to represent FLOKI have emerged on the Solana and Base platforms. The tweet read: “Scam Alert. “We have noticed scams claiming the existence of FLOKI tokens on Base or Solana.” It was said. Developers also shared verified contract addresses for FLOKI transactions:

ETH: 0xcf0c122c6b73ff809c693db761e7baebe62b6a2e

BNB: 0xfb5b838b6cfeedc2873ab27866079ac55363d37e

Impact of Fake Tokens on the Community

Such fraudulent activities can seriously undermine investor confidence and destabilize the cryptocurrency ecosystem. FLOKI's development team aims to protect its investors and ensure the integrity of the project by quickly responding to these fake token allegations. Investors are strongly advised to be careful and only trust information coming from official channels.

Increased Fraudulent Activity on Solana and Base Networks

Recently, a significant increase in the issuance of meme coins has been observed on platforms such as Solana and Base. Unfortunately, this increase has also led to a rise in fake tokens that aim to deceive investors by imitating popular meme coins. FLOKI's proactive approach to alerting its community is of great importance in combating such fraudulent activities.

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