Anonymous BNB whale bought $ 3.4 million worth of Floki coins after 30% token hike
An anonymous Binance Smart Chain whale has decided to purchase $3.4 worth of FLOKI meme cryptocurrency. The Whale currently holds 12 billion FLOKI tokens in total.
Anonymous whale
An anonymous FLOKI supporter bought the token in small portions. The first purchase was made one day and 13 hours ago. Whale Floki initially only bought 218,000 tokens, but then added another 10.5 million to the wallet.
But the largest buying volume appeared yesterday when, within an hour, the anonymous whale bought approximately eight billion Floki tokens. The last trade was 17 hours ago when the wallet ending in 7b75 collected an additional 1 billion FLOKIs.
How did the token react?
Currently, FLOKI is trading with a 16% price increase, but it has also retraced by 18% from the local top of $0.0004. The Whale’s actions did not actually significantly reflect the price of FLOKI.
According to CoinMarketCap, the token’s daily trading volume remains around $166 million, which means that the whale’s buying orders have only made around 2% and could not show a significant impact on the asset’s price.
Even rising currencies
Previously, community tokens and coins based on memes like Shiba, Elon, and Floki received a lot of industry attention, resulting in growth of up to 1000% in a short period of time.
The meme-based FLOKI token was created in honor of Elon Musk’s Shiba-Inu dog, named Floki. Previously, the project had launched a massive marketing campaign in London, where people could see slogans “Missed Doge? Get Floki ‘on trains and buses.
