BNB whale bought FLOKI for $3.4 million. An unknown BNB whale bought $3.4 million worth of Floki coins following the 30% increase in the token. An anonymous Binance Smart Chainwhale has decided to purchase $3.4 worth of FLOKI meme cryptocurrency. Whale currently holds a total of $12 billion in FLOKI tokens. Detail cryptocoin.com‘in.
Unidentified BNB whale
An unidentified FLOKI backer purchased the token in small chunks. The first purchase was made about a day and a half ago. The floki whale initially bought only 218,000 tokens, but later added another 10.5 million to its wallet.
However, the largest volume of purchases came yesterday, when the anonymous whale bought around eight billion Floki tokens in an hour. The last transaction was made 17 hours ago, when the wallet ending 7b75 collected an additional billion FLOKIs.
So how did the token react?
Currently, FLOKI is trading up 16% in price, but has also retreated 18% from the local top of $0.0004. The whale’s actions were actually not significantly reflected in the price of FLOKI. According to CoinMarketCap, the token’s daily trading volume remains around $166 million, meaning that the whale’s buy orders are only around 2%, showing no significant impact on the asset’s price.
Meme currencies have been on the rise in recent months. Previously, meme-based community tokens and cryptocurrencies such as Shiba, Elon, and Floki received a lot of attention from the industry, resulting in growth of up to 1,000% in a short time. The meme-based FLOKI token was created in honor of Elon Musk’s Shiba-Inu dog named Floki. Have you missed the ‘DOGE’ of people on trains and buses in London before the project? He had launched a huge marketing campaign where they could see the slogan “Get the floki”.
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