Floki Inu (FLOKI), a dog-themed meme coin, branding itself as a “movement”, just made its way to become the top 10 most used smart contracts by 1000 biggest BSC wallets in the last 24 hours.
The data is revealed by Whalestats, the website which is famous for tracking and analyzing the 1000 largest Ethereum wallets (the “whales”). The data is considered “legit” as it is publicly available and powered by Etherscan, BscScan, FTMScan, PolygonScan, Snowtrace, Coingecko, and Covalent.
Despite this fact, the price of FLOKI fell more than 20% to $0.0000471. The 24-hour volume for the token surged 20.53% to $20,298,035.01 compared to the previous trading session, which means most of the traders or investors are interested in selling the token at the moment.
On January 9, Floki Inu (FLOKI) decided to begin a gradual and phased transition to a DAO (Decentralized Autonomous Organization). The process was scheduled to start towards the end of the week.
Fulfilling its promise, on January 15, FLOKI’s official Twitter handle posted an update on gradual transitioning to a DAO and declared that the phase 1 upgrade would begin soon.