The post A Dormant Wallet Sends $Floki Worth $2.27 Million to Binance appeared on BitcoinEthereumNews.com.

A dormant wallet associated with the Floki project was reactivated after 2.5 years of inactivity, and 15.22 billion $FLOKI tokens worth US $2.27 million was deposited into Binance 9 hours ago, as reported by spotonchain.   The FLOKI token flow of Wallet 0x987 (linked to the Floki team) via spotonchain These FLOKI were first transferred to the wallet by FLOKI deployers in early 2022, when the token price was only $0.0000307. The 24-hour price chart of FLOKI via spotonchain   In this week, FLOKI price broke above the descending trendline and rallied 10%. On Thursday, FLOKI continued its ongoing rally and traded at $0.0001582 before dropping by14.66% to $0.0001288, at the time of writing . However, even with a slight dump, a sustained trend could be expected considering the surge of active, dormant wallets. Additionally, the fact that FLOKI price recently broke to the north of a downtrend in play since July, implies a possible surge for FLOKI. FLOKI’s community game is already strong and shows positive market sentiment with 76% and negative market sentiment of 24%. Moreover, the wallet holder’s decision to transfer such a whopping amount of FLOKI tokens comes after expansion in VietnamBinance announced that it support the airdrop for Simon’s Cat (CAT) for a better airdrop distribution , which in turn, has led to buying pressure. And, not to forget, with a growing , and scoring a Premier League Partnership with Nottingham Forest, FLOKI certainly is set for a promising movement. Source: https://www.cryptonewsz.com/dormant-wallet-sends-floki-2-27m-to-binance/

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Filed under: News - @ August 30, 2024 5:25 am