, recently alerted its community on X about a scam involving counterfeit tokens falsely claiming association with its brand.This warning was prompted by the appearance of numerous fraudulent tokens on the Solana and Base blockchains, which have been misleading investors.through its official X handle and noted,
“It has come to our attention that there are scams claiming #Floki has a token on #Base or #Solana. Please note: $FLOKI is ONLY tradeable on the $BNB and $ETH chains.”Community reacts The community reacted to the news, with many expressing relief and sharing related experiences. An X userAnother X user“When #FLOKI explodes, it’s the best crypto in the world and when it goes down, it’s a scam!”Despite recent criticism and scams related to fraudulent tokens, FLOKI remains committed to its growth and user benefits., which highlights various upcoming features and utility-driven initiatives.
This initiative underscores FLOKI’s dedication to expanding its ecosystem and providing valuable services to its community amid various challenges.In the meantime, despite the warning, FLOKI’s price action seems to have been affected by the scam. According to, FLOKI at press time was down by 11.69%, changing hands at $0.0001558, highlighting strong bearish momentum.
However, the technical indicator MACD lying above the signal line and the green histogram above the neutral line indicate that buyers are still outpacing sellers.