The Floki Inu team recently issued a warning about fake claims regarding FLOKI tokens being available on Solana and Base chains. According to the meme coin project, the native token is only tradable on ETH and BNB Chain. The team took to social media to caution the crypto community to be vigilant, stating that the scams circulating about FLOKI tokens on Solana and Base are false and deceptive.
In an official post on the Floki Inu X account, the team reiterated that $FLOKI can only be traded on the $BNB and $ETH chains. They also shared the correct contract addresses for Ethereum and BNB Chain, with the ETH address being 0xcf0c122c6b73ff809c693db761e7baebe62b6a2e and the BNB address as 0xfb5b838b6cfeedc2873ab27866079ac55363d37e. Users were advised to verify information from official sources to avoid falling victim to such schemes.
This warning from Floki Inu comes at a time when the crypto market is experiencing a surge in meme coins on Solana and Base, along with an increase in scams targeting cryptocurrency enthusiasts and traders. These scams often involve malicious links to fake tokens, making it crucial for users to exercise caution and due diligence.
Floki Inu had set out an ambitious crypto roadmap in March of this year, which includes milestones such as a trading bot, FLOKI-powered bank accounts, domain name, Floki staking as a service, and the Valhalla mainnet. The project has made progress towards achieving these milestones and has implemented various strategic marketing initiatives.
Although the FLOKI price reached a new all-time high in early June, it subsequently experienced a decline as the meme coin market cooled off its rally. Currently, FLOKI is ranked as the fifth-largest meme coin by market cap, with a value of $1.6 billion, trailing behind dogwifhat, Pepe, Shiba Inu, and Dogecoin. As the crypto market continues to evolve, it is essential for investors and users to stay informed and vigilant to protect themselves from potential scams and fraudulent activities.