Floki Inu, a notable meme coin ruling the crypto space, recently made a new announcement about the launch of a new Telegram bot.
The bot was launched on the BNB Network, which aims to help its investors trade crypto tokens holistically. The launch aims to strengthen Floki Inu's presence in the crypto space by fostering robust demand for the token, heralding renewed interest in the token.
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Floki Inu Telegram bot: what is it?
The developers call the bot “Floki Trading Bot” and have launched the new product on Ethereum, BNB and Base blockchains. The product is currently in beta and will be available to 150 users on a first-come, first-served basis.
“The Floki Trading Bot is an innovative multi-chain on-chain trading bot from Telegram, designed to provide a seamless trading experience. With just a few taps, you can buy and sell cryptocurrencies on different chains in seconds. We strive to improve the way you trade, making it faster, easier and more efficient.”
The handle went into more detail and shared that the bot users will initially be charged 1% on each transaction. The bot will use Floki as its main token and will continue to contribute 50% of its fee to assist in the Floki token burning process.
“The Floki Trading Bot charges a 1% fee on each trade and uses FLOKI as its main utility token: 50% of this fee buys and burns $FLOKI, while the rest goes to the Floki Treasury. This will increase the utility of the FLOKI token while accelerating its deflation.”
Floki price prediction
As the Floki Inu ecosystem continues to expand and grow, the meme coin's price will also gain credible momentum per various crypto platforms. According to CoincodexFloki Inu could rise 200% in June to trade at a new price threshold.
“The price of Floki Inu be able to increase by 228.80% and reach $0.000894 on June 27, 2024. According to our technical indicators, the current sentiment is bullish, while the Fear & Greed Index reads 72 (greed). Floki Inu recorded 16/30 (53%) green days with price volatility of 13.31% over the past 30 days.”
Likewise, the token may rise 40% by June 4, eventually rising to trade at a price level of $0.000404.
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“The Floki Inu price forecast for the next 30 days is a projection based on the positive and negative trends. Based on this According to projections, FLOKI will change hands on June 4, 2024 for $0.000404, achieving a gain of 48.71%.”