Dogecoin (DOGE), Shiba Inu (SHIB) or Floki Inu (FLOKI), which are among the largest meme coins by market capitalization; It has experienced an increase of 2-3% in the last 24 hours. However, a meme coin gained 516 percent in the same period. Cryptocoin. com we share the details…
Meme coin King Floki (KING) became one of the most rising coins
The meme coin named KING has challenged the overall bearish cryptocurrency market with its rise in the past day. By their own definition, King Floki is an exciting new Binance Smart Chain (BSC) token that hosts weekly raffles for its holders. The token will make the first draw in the lottery systems on Sunday, November 28 at 22:00 CEST. The total amount to be distributed in the lottery will be $35,000.
Also, according to their statement, Dubai and other luxury resorts, Rolexes and Tesla will also be featured in their sweepstakes. It is reported that pre-sales took place in about 10 seconds. The team plans to launch an NFT marketplace and also launch their own debit cards that use tokens to make purchases in stores. It is thought that this will contribute to the benefit of the project. The team behind KING was launched on November 21, 2021, with 1 trillion KING tokens created initially, 15 percent being burned immediately during the pre-sale process, on the way to liquidity pool and marketing.
King Floki has recently been listed on CoinGecko and CoinMarketCap, has burned $35,000 tokens. The cryptocurrency has gained 516% in the last 24 hours, hitting an all-time high of $0.000002043. It should be noted that crypto money investment is quite risky and coins that rise hard may experience a sharp decline.