The Floki Inu memecoin project has issued a stark warning to its community and the broader crypto world about a surge in fraudulent tokens falsely claiming to be affiliated with its brand. These scam tokens have been spotted on the Solana and Base blockchains, luring unsuspecting investors.
Floki Inu’s official X account recently alerted its followers about these bogus tokens, emphasizing that the genuine Floki Inu (FLOKI) token is exclusively available on the BNB Smart Chain and Ethereum networks. To help users avoid these scams, Floki provided the correct contract addresses: “0xcf0c122c6b73ff809c693db761e7baebe62b6a2e” for Ethereum and “0xfb5b838b6cfeedc2873ab27866079ac55363d37e” for BNB Smart Chain.
The memecoin project urged its community to only trust official sources for token information to stay safe from these fraudulent activities.
Despite the security threats, Floki Inu continues to expand its ecosystem with new features and utilities. A significant recent development is the launch of the FLOKI Name Service on the BNB Chain mainnet, allowing users to register decentralized domain names with the .floki extension. This service, built on the Space ID architecture, supports interoperability with various decentralized applications (DApps), including Trust Wallet and PancakeSwap.
Floki Inu now boasts over 417,400 holders on the BNB Chain. To mark this milestone, the project introduced a rewards program enabling holders to claim a share of interest rewards.
Additionally, Floki Inu unveiled its 2024 roadmap in March, detailing upcoming features like regulated digital banking accounts. This initiative will allow users to create and fund bank accounts using FLOKI tokens, in partnership with a licensed fintech firm. The digital banking services, offering Swift payments and SEPA IBAN capabilities, are set to expand to Canada, Spain, Dominica, Australia, and the United Arab Emirates.
Earlier this year, the Hong Kong Securities and Futures Commission (SFC) warned the public about the unauthorized “Floki Staking Program” and “TokenFi Staking Program,” which promise high annualized returns without proper authorization.
Floki Inu remains committed to securing its community while continuing to innovate and grow its ecosystem.
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