This Dogecoin Rival Is Up 10% Today As Ethereum Whales Take High Interest Again

Floki Inu (FLOKI), a meme coin that looks to rival Dogecoin DOGE/USD is once again among the most traded cryptocurrencies by 5,000 biggest Ethereum ETH/USD whales in the past 24 hours.

What Happened: Ethereum whales are once again piling on FLOKI, a token whose name is inspired by Tesla Inc TSLA CEO Elon Musk’s Shiba Inu dog, according to a tweet by WhaleStats.

FTX Token (FTX) and Shiba Inu (SHIB) were among the top 10 holdings of Ethereum whales, according to Whalestats.

Get Started

Start Your Crypto Journey Today and Get $500 in Rewards

Exclusively for new Crypto.com App users, unlock up to $500 worth of rewards in the most popular tokens when you start trading.

Get Started

See Also: How To Buy Floki Inu (FLOKI)

Why It Matters: FLOKI soared 10% to 0.000035 at press time. The coin has fallen 13.8% over a seven-day trailing period. Over the last 30 days it is up 2.8%.

FLOKI gained 9.8% and 8.5% higher against Bitcoin BTC/USD and Ethereum respectively over 24 hours.

Read Next: Beware: This Elon Musk, Jack Dorsey 'Livestream' On YouTube Is A Bitcoin, Ethereum Giveaway Scam

Photo courtesy: Floki.com