The crypto analyst with the pseudonym Inmortal has recently turned his attention to a particular meme coin. pulled. According to the analyst, Floki Inuhas the potential for a significant price increase.
According to Inmortal’s assessment, Floki is among the other players in the ongoing bull market cycle. meme coinIt has the potential to leave the ‘s behind. The analyst said, “FLOKI is the meme coin of this bull run. “You can’t change my mind,” he said.
$FLOKI is THE memecoin for this bullrun.
You can try to change my mind, but you won’t succeed. pic.twitter.com/PkGh30kDxS
NEWS CONTINUES BELOW— Inmortal (@inmortalcrypto) February 4, 2024
Analyst, Floki dogecoinIt suggests a scenario in which it could mimic its rally in 2021. This expectation is based on an extended period of sideways trading through 2023, built on Floki’s recent trading pattern, similar to DOGE’s performance before its sudden rise.
However, Floki’s founders quickly responded to concerns expressed by the Hong Kong Securities and Futures Commission (SFC). The SFC’s concerns related to certain aspects of the token staking program offered by Floki, which were flagged as potentially risky investments.
The Floki Inu team quickly implemented changes specifically for the Hong Kong market. These significant changes include different warning messages placed on the Floki and TokenFi staking websites, clearly stating that Hong Kong residents are prohibited from participating in these staking opportunities.
Highlighting the measures they have taken, the team stated: “Clear disclaimers have been implemented on Floki and TokenFi staking sites to inform Hong Kong citizens that they are ineligible for participation. “Measures have been taken to actively prevent Hong Kong residents from participating in these staking programs.” he stated.
Koinfinans.com According to CoinGecko data, FLOKI is trading at $0.00002797, an increase of 1.37% in the last 24 hours.
