Is Floki Inu a rug pull?
Named after Elon Musk's pet dog Floki, floki inu is one of the many meme coins entrants that mushroomed in the crypto market this year. A “rug pull” scare plagued the project early on after the original developer went rogue and exited with hundreds of thousands of dollars by draining a liquidity pool.
Market cap can be a useful metric here. If Floki Inu reached $0.01, its market cap would be close to $100 billion, and it would be the 3rd largest crypto today. Floki Inu could still reach $0.01 if it gains widespread adoption, although that would likely take more than 5 years.
Floki Inu has performed consistently since its inception. A market capitalization of $1.06 billion was recorded in December 2021. For a currency that hasn't existed for a year, this is pretty impressive. The price of this cryptocurrency is pretty cheap right now.
However, FLOKI can still be worth well under a cent and, potentially, make a profit for its investors. Compared with where it was in July 2021 (an all-time low of $0.000000084280), the token has risen by over 11,800%.
Floki Inu is on the rise this week.
The price declined by 3.18% in the last 24 hours. In just the past hour, the price shrunk by 0.22%. The current price is $0.00001 per FLOKI. Floki Inu is 79.18% below the all time high of $0.000048.
As highlighted above, Floki Inu is a hyper-deflationary token which means that tokens are burned constantly to decrease the total supply.
DigitalCoinPrice forecasts that Floki Inu prices will rise steadily through 2025. The platform's model predicts that they will hit $0.00007893357 in 2023 and $0.00008518102 in 2024. While it sees the token's prices dipping in 2026, it predicts that they will recover in 2027, hitting $0.00012556955.
$FLOKI Burn wallet clarification🔥 The burn wallet/contract itself is collecting 3% on every transaction. This contract is an ERC-20 contract where sending/adding tokens to itself is effectively burning tokens, regardless of ownership.
Floki Inu was another canine inspired cryptocurrency that was created on June 25th, 2021. If you had bought $1000 worth of Floki Inu on Aug. 1 2021, it would have been worth $16,553 in October 2021.
As per our Floki Coin price forecast, the Floki Coin prices can hit a new ATH level this year. By 2040, we may expect an average price of $3.13 depending upon the market trend. Our maximum price prediction for Floki Coin is $5.36 in 2040.
What Blockchain is floki on?
Floki Inu was launched on the Ethereum (ETH) blockchain and it is one of the few crypto coins that provide the multi-chain protocol feature. The meme-based crypto coin is hosted on both the Binance Smart Chain (BSC) and Ethereum.
Floki Inu has a total supply of 10 trillion FLOKI. According to BscScan and Etherscan, there are over 200,000 holders of FLOKI on Ethereum and BSC combined.
For Floki Inu to reach 1 cent, the market capitalization of the token would need to surpass $100 billion. This is a huge amount of capital, and given the use cases of FLOKI, it's extremely unlikely the token will reach 1 cent.
FLOKI will be the main utility token of the Valhalla Metaverse. The Metaverse industry is a $1 trillion annual revenue opportunity according to Grayscale, and with projected annual revenue of $400 billion for the Metaverse gaming industry by 2025, Metaverse games will benefit mostly from this growth.
FLOKI METAVERSE is on the decline this week.
The current price is $0.00 per FLMT. FLOKI METAVERSE is 93.04% below the all time high of $0.000002. The current circulating supply is 0 FLMT.
A new crypto coin birthed by fans & members of the Shiba Inu community. Floki Inu is Elon Musk's very own shiba inu and he's hungry for outer-space treats! He's hyper-deflationary and built to reward you, so more Floki Inu coins are added to your wallet with each transaction.
According to CoinMarketCap, FLOKI “was founded by a group of crypto influencers by the names of B, PetaByte Capital, Sabre and MrBrown Whale. The project's lead developer is Jackie Xu, who, according to Floki Inu, is a 'well-respected and doxxed figure in the industry with over a decade of blockchain experience.
Floki Inu price prediction January 2025: Floki Inu's price for January 2025 according to our analysis should range between $0.000018 to $0.000021 and the average price of FLOKI should be around $0.000019.
Floki Inu mining uses the traditional deflationary model in its mining process to reduce token supply and increase the coin value. Floki is a BEP-20 token, which is a Binance Smart Chain extension of ERC-20 tokens. BEP-20 tokens allow creators to create a native asset like Floki as a BEP-20 token.
As a result, reflections have been stopped for the #FLOKI token immediately while marketing tax will be reduced to 3%.
Will Floki Inu be on binance?
Binance Boosts Floki Inu Adoption
On April 12, Floki Inu gained recognition from the popular exchange platform. Binance published a guide on buying the utility token on BNB Chain. The publication placed Floki Inu's native $FLOKI token in the league of recognized cryptocurrencies in the world.
It has a circulating supply of 9.1 Trillion FLOKI coins and a total supply of 10 Trillion.
The Baby Elon project on BNBChain rug pulled on June 8, with the token price plummeting 98% as the team withdrew 623 BNB (~$179,000) from the project. They quickly moved the funds to the Tornado Cash cryptocurrency tumbler .
SHIBA INU COIN GETTING A BIG RUG PULL? - THE NEXT LUNA
Floki Inu is an ERC-20 token based on the Ethereum blockchain. It's named after Elon Musk's dog, which is a Shiba Inu. However, the whitepaper specifically says it's not a meme but a movement. Since its inception, Floki Inu has shown consistent performance. As of December 2021, the market cap stands at $1.06 billion.
supply of 10,000,000,000,000 FLOKI coins. If you would like to know where to buy Floki Inu at the current rate, the top cryptocurrency exchanges for trading in Floki Inu stock are currently BingX, Bybit, MEXC, CoinTiger, and Bitget. You can find others listed on our crypto exchanges page.
Based on the price predictions of Dogelon Mars, future prices are bullish, and Dogelon Mars will be a good investment.
| Price to USD | $0.000012 |
|---|---|
| Rank | 202 |
| 24h Volume | $ 4.1 Million |
| Market Cap | $ 110.0 Million |
| Fully Diluted Market Cap | $ 244.5 Million |
There is no precise date when Dogelon Mars will get listed on Robinhood but it is certain that if the community takes the listing of Shib on Robinhood as a wakeup call, then the day is not far when Dogelon Mars community will also celebrate their Robinhood listing.
Whales in the cryptocurrency world is a term used to describe individuals or institutions that hold large amounts of coins of a certain cryptocurrency. According to Whale Stats, a crypto whale tracker, Ethereum whales have emerged as one of the largest holders of Shiba Inu, holding up to US$1 billion SHIB.
Will Shiba keep going down?
Shiba Inu (SHIB) Price Predictions: 2022 – 2030
There is consensus among analysts that while Shiba Inu may be volatile in the short term, its odds of success are quite high long term. Shiba Inu's price prediction expects to rise to $0.00001 in 2022, $0.0002 by 2025, and a high of $0.001 by 2030.
- Unknown or anonymous developers. ...
- No liquidity locked. ...
- Limits on sell orders. ...
- Skyrocketing price movement with limited token holders. ...
- Suspiciously high yields. ...
- No external audit.
