Which of these new arrivals are Floki dog hit coins, and which are Floki dog sh*tcoins?
The dogcoin craze has a new lease on life and billionaire Elon Musk is once again the driving force behind the speculation. In late June Musk announced a new Shiba Inu puppy called Floki, and the cryptosphere responded.
One of the first coins Floki-themed dogcoins to launch was Floki Shiba (FSHIB), which BSC News reported on in July. Flokinomics (FLOKIN) is one of the newest arrivals in the sector and has recently won mainstream press coverage.
“Cryptocurrency named after Elon Musk’s dog surges 2,400 percent,” was the headline of a New York Post article on October 6th.
“Flokinomics up 2,300% in 24 hours: should you buy?” asked Bankless Times on October 10th.
Yahoo Finance also chose to cover Floki Inu, naming it “Best Crypto to Watch This Week”.
Surfing a wave of positive mainstream media attention, new Floki coins on Binance Smart Chain (BSC) are being delivered at pace.
We’re Going to Need a Bigger Kennel
With at least a dozen or more Floki tokens currently in play, and more arriving all the time, making sense of the market is no easy task. Here’s a quick summary of just some of the Floki tokens currently on the market.
Flokinomics – Up 481,678.1% in the last 7 days.
Shiba Floki – Up 5,478.9% in the last 30 days.
Floki Inu – 395.0% growth in 30 days.
Prince Floki – A true nano Floki.
FlokiFrunkPuppy – Up 20% in the last 24 hours.
Baby Floki – It’s all downward price action for this baby Floki coin.
Floki Shiba – Up 83.5% over the last 7 days marking a resurgence for this older Floki coin.
Like other dogcoins before them, Floki tokens offer the possibility of big gains and big losses. Those who seek to trade in them should weigh up the risks appropriately. While every dog has its day, not all dogcoins are built to last.
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.