The Shiba Floki meme token has grown 990% in the past 24 hours, thanks to a tweet from Elon Musk.
The Shiba Floki token (FLOKI) has seen gains of 990% in a single day, with the price currently trading at $ 0.0000000309 at the time of writing. Memes coins have taken cryptocurrencies by storm and, like the Dogecoin token, many have taken advantage of the bull cycle to hit very high prices. In a market where it is increasingly difficult to differentiate from similar coins, FLOKI has found its name and many new investors joined the FLOKI train yesterday.
Where and how to buy Shiba Floki in France and elsewhere?
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What is Shiba Floki and why such a rise?
Shiba Floki allows users to earn passive income by redistributing 5% of transaction fees to all holders. He also plans to do some charity work and has a strong marketing team that has made The Corner established itself as one of the leading Memes Corner.
FLOKI’s bullish cycle is due to the Musk effect. Elon Musk tweeted yesterday: “Floki has arrived”. That was enough to propel the Shiba Floki token to the moon. Most of the theme tokens have tried to take advantage of the growing popularity of the Shiba Inu theme tokens.
Should I buy FLOKI today?
The price of these memes tokens is ridiculously low, but these tokens tend to go up and down quickly based on rumors and news. However, if Dogecoin can reach the moon, so can FLOKI. Early adopters could make big gains if the price of FLOKI increases in the future. It’s currently priced very low but the wedge could potentially do 300X or 1000X from its current levels if Musk decides to tweet again.
This article is for informational purposes only – none of its content should be construed as financial or investment advice.
Risk Disclosure: The articles and articles on Arover.net do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies.