Crypto investor makes a record deposit of 15 billion Floki

The cryptocurrency wallet associated with the Floki meme token has become active again after more than two and a half years of inactivity, making a deposit of 15.22 billion tokens. Translated to the current US dollar exchange rate, the investment amounted to $ 2.27 million.

It is noteworthy that the transaction took place shortly before Floki’s price plummeted by 17.83%.

The tokens were transferred to this wallet from an address associated with the Floki developers back in the first half of 2022. At the time of the transfer, the price of the Floki meme token was $ 0.307. Now, at the current price of $ 0.1 278, the wallet owner has recorded a profit of 316.28%.

This move has aroused considerable interest in the crypto community, as the return of a major player to the market and a significant increase in the value of tokens can have a significant impact on the further dynamics of the Floki price.

As we reported earlier, a well-known cryptocurrency analyst Kaleo predicts that Dogecoin will grow from 706% to 1512%. The probable bullish trend is related to the similar price activity that memecoin demonstrated before the previous significant price jumps.