The much awaited Wise Monkey (MONKY) coin launch has finally happened and is creating a stir in the crypto community. With ambitious ambitions for the future, MONKY is now live on the BNB Chain, driven by Ape Accelerator and the Forj team, a crucial component of Animoca Brands.
Wise Monkey is prepared to leave its imprint with a $10 million FDV starting market valuation and a total supply of 10 trillion tokens.
Mark Your Calendars: Airdrop Snapshot and Distribution Details Revealed
The thrill doesn’t end there. Holders of FLOKI and TOKEN will receive a share of the whole MONKY supply through a large airdrop. Make sure to note December 15th at 0:00 UTC on your calendars for the airdrop snapshot.
The distribution is anticipated to start on December 20 and go through December 27. This is the breakdown:
- For every FLOKI held, holders will receive a distribution ratio of 0.35 MONKY, or 27% of the entire supply.
- Holders of tokens will receive 4% of the entire supply, with each token being distributed at a ratio of 130 MONKY.
- The FLOKI Trading Bot will also give out prizes, including a share of the airdrop, to users who participate in a trading competition.
This is a fantastic opportunity for everyone associated with the FLOKI and TOKEN ecosystems, as it is open to both holders and stakers. Following the snapshot, one may confirm eligibility and get their goodies at airdrop.floki.com
The news becomes much better for traders on the OKX platform. According to OKX, the Wise Monkey airdrop for FLOKI holders will be supported, guaranteeing a smooth distribution process for exchange users.
FLOKI Price Poised for a Major Upswing
Source:Coinmarketcap.com Floki Price
The price of FLOKI has lately surpassed the 100 and 50-day exponential moving average (EMA) indicating a bullish trend. Currently, it is trading between the Fibonacci retracement levels of 38.2% and 23.6%, suggesting that the asset is consolidating within a particular range.
Furthermore, Floki’s price movement is developing a bullish chart structure known as a cup-and-handle pattern. A robust price rebound could result from this pattern, which could push the price up 42% from its present levels to its year-to-date high of $0.0003480.
The 50-day EMA, which is about $0.0002100, is where traders have put a stop-loss in order to control risk. A decline below this level can indicate additional downward movement and raise concerns about possible downside hazards
Also Read : Pepe Halving is Coming: Will It Make You the Next Crypto Millionaire?
