ChainCatcher news, Floki stated on social media that it will acquire 40% ownership of the Meme coin issuance and trading platform GraFun on the BNB chain, and will receive 40% of the revenue generated by its issuance platform. This will bring benefits to FLOKI and TOKEN holders.

ChainCatcher news, according to official sources, the total locked value of FlokiFi Locker, a crypto lock protocol under FLOKI, has reached $165.6 million, setting a new historical high.FlokiFi Locker is a crypto lock protocol that uses FLOKI as its core utility token. It allows users to lock LP tokens, fungible tokens, and NFTs. Each lock on the ETH and BSC chains triggers FLOKI buybacks and burns, enhancing its utility and deflationary impact.

ChainCatcher news, according to @ai_9684xtpa monitoring, on September 3, a whale that accumulated 3.2 million dollars in PEPE / FLOKI / WLD cleared all altcoins in the past 7 hours, making a profit of 200,000 dollars.Among them, PEPE cost 0.00000741 dollars, with a profit of 110,000 dollars; FLOKI cost 0.0001194 dollars, with a profit of 45,000 dollars; WLD cost 1.43 dollars, with a profit of 44,000 dollars.

ChainCatcher message, Floki official announced on social media that it has completed the CAT airdrop for FLOKI holders on Binance. All eligible accounts have received their token airdrop, and withdrawals are now open.

ChainCatcher news, according to the official announcement, FLOKI has announced the successful completion of the airdrop of Simon's Cat (CAT) tokens to eligible FLOKI holders.According to the previously announced criteria, users holding at least 400,000 FLOKI tokens have directly received a proportionate airdrop in Binance, OKX, and on-chain wallets.FLOKI emphasizes that users do not need to perform any claiming actions or connect their wallets, as CAT tokens have been directly airdropped to users' wallets.Currently, Binance and OKX have opened withdrawals for CAT tokens.

ChainCatcher news, the Meme project Floki officially stated that OKX will support the airdrop of Simon's Cat (CAT) to eligible FLOKI holders on the OKX platform.At the time of the snapshot (Beijing time, August 30, 2024, 7:59:59), eligible FLOKI holders on the OKX platform will receive CAT tokens directly in their OKX accounts.The condition is to hold at least 400,000 FLOKI tokens on OKX at the time of the snapshot.

ChainCatcher message, Floki official stated on X that before the on-chain CAT airdrop distribution, FLOKI holders need to recheck their eligibility for the airdrop. The eligibility of the wallet depends on the number of FLOKI tokens held at the snapshot on August 29. Other considerations include:The wallet must hold at least 400,000 FLOKI tokens;Floki holders and stakers are eligible;Floki holders on the BNB and ETH chains are eligible (although the airdrop will occur on the BNB chain);Wallets that transfer or sell FLOKI tokens during the snapshot period (i.e., after August 22 and before the final snapshot on August 29) will be disqualified;The airdrop is based on the amount of FLOKI held in the wallet as of August 29.Floki officials stated that this applies only to the on-chain airdrop and not to FLOKI holders on Binance. Users do not need to connect their wallets to any website to check eligibility or receive the airdrop. The on-chain and Binance distributions are expected to be completed in about one week, with the final timing aligned with Binance's schedule.

ChainCatcher message, Floki tweeted that it has completed the airdrop snapshot for holders. The team is currently actively coordinating with Binance to confirm the timing of the CAT token airdrop distribution, which will take place on-chain around the same time. The distribution is expected to occur in about 2 weeks, but the final distribution time will be determined by Binance.In previous news, FLOKI stated that Binance will support the airdrop of Simon's Cat (CAT) for FLOKI holders on the platform. Users must hold at least 400,000 FLOKI tokens on Binance to be eligible for the CAT airdrop. Binance will conduct the airdrop based on the snapshot taken at 07:59:59 on August 30, 2024, and eligible FLOKI holders will receive a distribution of 390 million CAT tokens proportionate to their holdings.

ChainCatcher message, OKX officially released an investigation and explanation regarding the FLOKI staking borrowing mechanism issue, as follows:Q1: Why does automatic currency conversion occur under the condition of safe staking borrowing risk rate? What are the specific rules for automatic currency conversion?OKX's spot collateral borrowing is a C2C market that matches deposit users and borrowing users, based on the fundamental operating principle of 100% reserve. When the platform's borrowing amount/deposit amount reaches 100%, it triggers the platform's automatic currency conversion mechanism. The triggering of the automatic currency conversion mechanism depends on the borrowing and deposit amounts of all users on the platform, and is unrelated to the staking risk rate of individual users. When automatic currency conversion is triggered, in order to quickly reduce the risk for all borrowing users on the platform, users will be graded based on their borrowing amounts from largest to smallest, with the group of users with the highest borrowing amount being prioritized for system automatic currency conversion.Q2: Why doesn't OKX stop new borrowing to maintain normal levels?When the platform's borrowing amount reaches the platform's deposit amount, the platform will stop new borrowing; the reason for this automatic currency conversion trigger: due to Floki's on-chain activities, a large number of deposit users redeemed, leading to a decrease in user deposit amounts while the borrowing amount did not increase, thus triggering the automatic currency conversion.Q3: After reaching the automatic currency conversion benchmark, will users who may trigger automatic currency conversion be notified in advance? Why did I not receive timely notification this time?After reaching the platform's automatic currency conversion benchmark, the platform will notify users who may be triggered by automatic currency conversion in advance via email. This time, due to issues with the email system, a small number of users did not receive their warning emails in a timely manner. If there are issues with warning emails not being received in time, users can contact OKX customer service for feedback.Q4: Will there be product optimizations in the future to help users know their automatic currency conversion debt liquidation tiers?In the future, OKX will further optimize the email and notification system to ensure that users are notified in advance via email before automatic currency conversion is triggered. Additionally, the collateral borrowing page will be optimized to clearly inform users of their automatic currency conversion liquidation tiers.

ChainCatcher message, according to Spot On Chain monitoring, in the past 24 hours, the price of FLOKI has dropped by 17.7%. A wallet associated with the official FLOKI has returned after being dormant for 2.5 years, and 9 hours before the price crash, it deposited 15.22 billion FLOKI (worth 2.27 million USD) into Binance. These FLOKI were released to this wallet by the Floki deployer at the beginning of 2022, when the price was only 0.0000307 USD.

ChainCatcher news, according to Cryptonews, due to the manipulation of the system by malicious actors using bots, Floki Inu announced the cancellation of the second round of the "Simon's Cat" presale. Although the presale sold out within the first 12 hours, a significant amount of bot activity disrupted fair participation for legitimate users. The Floki team then attempted to hold a second round of presales for the affected users, but faced even more aggressive attacks, ultimately deciding to cancel all presale plans and airdrop $CAT tokens to eligible Champion level users as compensation.

ChainCatcher message, FLOKI announced on X that after a decisive vote by FLOKI DAO with 97.72% support, FLOKI will allocate $200,000 USDT from the Floki Treasury to invest in CAT tokens, which will be held as a strategic asset.

ChainCatcher message, FLOKI published an article stating that Binance will support airdrops of Simon's Cat (CAT) for FLOKI holders on the platform. If users hold FLOKI on Binance, they do not need to withdraw their tokens from Binance.Users must hold at least 400,000 FLOKI tokens on Binance to be eligible for the CAT airdrop. Binance will conduct the airdrop based on a snapshot taken on August 30, 2024, at 07:59:59, and eligible FLOKI holders will receive a distribution of 390 million CAT tokens in proportion to their holdings.

ChainCatcher news, according to the announcement from the cryptocurrency trading platform WEEX, the fifth phase of the Launchpool project FLOKI will be launched on August 14, 16:00 - August 17, 4:00 (UTC+0). Users who invest ≥ 1,000 WXT can share 76,659,904 FLOKI tokens according to the proportion of their valid investment. The valid investment amount is calculated based on the corresponding level of investment multiples, and the invested WXT can simultaneously participate in other projects, with no lock-up or staking requirements.In addition, the fourth phase of the WEEX Launchpool is currently ongoing, distributing 252 billion ELON, and users can participate simultaneously to gain greater rewards.

ChainCatcher news, Floki official stated on social media that the Simon's Cat meme coin will be launched on the TokenFi Launchpad on August 20. 18.5% of the total supply will be distributed to FLOKI token holders.It is reported that "Simon's Cat" is a well-known cat-themed animated series, and its meme series is also very popular. The launch of this meme coin will be in collaboration with Floki, DWF Labs, and BNBChain, exclusively on the BNB chain, with the token code CAT, a total supply of 9,000,000,000,000 tokens, a presale fundraising amount of $4.25 million, a presale market cap of $25 million, and all tokens will be unlocked for circulation at TGE.

According to ChainCatcher news reported by CoinDesk, the animated series Simon's Cat announced plans to launch a meme coin on the Floki Launchpad, in collaboration with Floki, BNB Chain, and DWF Labs. The related tokens are expected to be issued on August 8, with a portion airdropped to FLOKI token holders and another portion distributed to users trading Simon's Cat with the Floki trading bot.

ChainCatcher news, according to Coingecko data, shows a general rise in the Meme coin sector, including:PEPE 24-hour increase of 5.4%, currently priced at $0.00001213;WIF 24-hour increase of 2.3%, currently priced at $2.47;FLOKI 24-hour increase of 6.9%, currently priced at $0.000189;MEW 24-hour increase of 30.1%, currently priced at $0.005019;TURBO 24-hour increase of 42.8%, currently priced at $0.006239;MEME 24-hour increase of 5%, currently priced at $0.01673.