Binance Smart Chain Births a Litter of Floki Pupcoins

Which of these new arrivals are Floki dog hit coins, and which are Floki dog sh*tcoins?

By
Robert D. Knight
on
October 11, 2021
Category:
Blockchain News

Floki Dogs

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.
  • The Express, a UK print newspaper, instead covered Floki Inu (FLOKI) 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.

A picture of Floki Frunkpuppy conveniently modeling a Tesla | Source


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.

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.

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Robert D. Knight

Robert D. Knight is an experienced journalist and copywriter who has been working in crypto for 4+ years. His bags are heavy in ETH and BTC, plus he also hodls some smaller cryptocurrency.

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