meme coin Floki There was an upward trend in the price of TokenFi, a protocol token released by . According to data from CoinGecko, the token, which was launched for public trading on October 31, experienced a 41.6% increase in 24 hours.
Indeed, the token has seen increased inflow of funds, with investors pouring in over $5.7 million in the last 24 hours. At the time of writing, the token is trading at $0.02749520. The token has been used by many users since its launch. cryptocurrency performed better than the unit.
TokenFi is a platform developed by FLOKI to capitalize on the emerging tokenization market by providing crypto and asset tokenization services. According to Floki, the tokenization industry is estimated to be a $16 trillion industry by 2030.
However, the latest fund inflow comes on the back of recent issues with the token. In particular, the TokenFi protocol team and the crypto exchange Bitgert had made various accusations against each other regarding the listing.
Specifically, Floki’s team claimed that Bitget listed the coin before its official launch, calling it a “fake token.” According to the team, they had asked all exchanges to list the token for at least seven days after launch. However, Floki said, “They (Bitget) listed a fake version of the $TOKEN token 12 minutes before we made it officially tradable on the blockchain.”
Koinfinans.com As we reported, Bitget rejected the allegations made by the Floki team. Instead, they accused the Floki team of market manipulation by controlling early liquidity and delisted the coin.
In addition to the increase in trading volume, TOKEN cumulatively attracted a total of 11.74 thousand holders, according to DEXTools data. At the time of writing, the token has a market cap of $127.65 million.