We have been discussing the need for significant announcements regarding altcoins, and such announcements are now arriving. The Floki Coin team has recently made their announcement, revealing details about an anticipated airdrop. While the price increased during this period, the effect was limited due to the decline in BTC. If BTC recovers in the coming hours, further price increases may occur.
Floki Inu Announcement
The team announced the launch of the MONKY Token. The airdrop, conducted in partnership with ApeCoin, signifies the emergence of a new altcoin. It will be launched on November 21, with the Floki team aiming to redefine meme coin culture.
“We are excited to announce that Floki will support the launch of Wise Monkey ($MONKY), a memecoin inspired by the globally recognized proverb ‘Three Wise Monkeys.’”
45.5% of the token supply will be distributed through the airdrop, allocated as follows:
- 27% to Floki investors
- 4% to TOKEN (TOKENFI) investors
- 4% to Floki Trading Bot users
- 10% to ApeCoin investors
- 0.5% to GraFun users
To qualify for the airdrop, holders of Floki Coin must possess 500,000 tokens. The snapshot date will be announced later. The more Floki Coins a user holds, the more tokens they will receive.