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Altcoin News

Floki Inu Alerts Users to Fake Tokens on Solana and Base

Written By:
Iyiola Adrian

Last updated: July 1, 2024 1:03 PM
Published 2024-06-30
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Last updated: July 1, 2024 1:03 PM
Published 2024-06-30
Floki Inu Alerts Users to Fake Tokens on Solana and Base

Floki Inu has alerted its users about fake tokens pretending to be associated with the meme-coin project. These fake tokens have shown up on the Solana and Base blockchain networks, which could trick investors.

In a tweet, the project posted a message to inform everyone that real FLOKI tokens are only available on two networks: BNB Smart Chain and Ethereum. To help users avoid scams, Floki shared the correct addresses for its tokens on these networks.

🚨 Scam Warning 🚨

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

Please note: $FLOKI is ONLY tradeable on the $BNB and $ETH chains with the following correct contract addresses:

ETH:…

— FLOKI (@FLOKI) June 29, 2024

Despite these security issues, Floki Inu continues to expand its ecosystem. One notable development is the introduction of the FLOKI Name Service on the BNB Chain mainnet. This allows users to create unique web addresses ending in .floki, which can be used with various crypto apps and services.

Floki Inu has also reached a big milestone with over 417,400 token holders on the BNB Chain. To celebrate, the project launched a reward program that gives rewards to people who hold their tokens.

Looking forward, Floki Inu’s 2024 roadmap outlines several upcoming features and utility-focused initiatives. One exciting feature is to creating regulated digital banking accounts that could see users creating and funding accounts with FLOKI tokens.

The project has also announced a partnership with a licensed fintech firm to enable digital bank accounts with Swift payments and SEPA IBAN capabilities, expanding its reach across multiple countries including Canada, Spain, Dominica, Australia, and the UAE.

Also Read: Floki Expands in Vietnam with Strategic Marketing

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Iyiola - Crypto Journalist at The Crypto Times
By Iyiola Adrian
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Iyiola is an experienced crypto writer specializing in simplifying complex blockchain and cryptocurrency topics for a broad audience. With expertise in ICOs, DeFi, NFTs, and regulatory updates, he offers valuable insights to help readers make informed decisions.

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