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Chainlink (LINK) is volatile and recently fell to $15. In Hong Kong, the Securities and Futures Commission (SFC) has expressed concerns over the issuance of Floki (FLOKI). Due to the instability of some popular tokens, investors are looking for alternatives, including Meme Moguls (MGLS).
Meme Moguls, a P2E game on ethereum, is going on pre-sale. In the fifth stage, it has raised more than 2 million dollars.
SFC concerned about Floki broadcast
Hong Kong's financial regulator SFC has expressed concerns over Floki Inu and TokenFi's staking initiatives.
The SFC has warned that these tokens are risky, potentially fraudulent, and not authorized in Hong Kong.
This concern highlights the dangers of unregulated systems, where investors risk financial losses.
FLOKI is under pressure, currently ranging between $0.000027 and $0.000030.
Chainlink Price Preview
LINK has been inching lower, recently falling to $15.
Still, its supporters expect a strong recovery in the coming months.
So far, investors are moving LINK from Binance, which is a net benefit for the price.
Meme Moguls raises more than $1.9 million in pre-sales
tycoon memes aims to make investing and trading more fun and accessible.
One of its unique features is a game called Beat the Market, where players try to do better than the S&P 500.
They can also buy and trade nft characters and create custom avatars.
At the current pre-sale stage, MGLS is trading at $0.0036. So far, there are more than 4,000 holders. Additionally, the project offers a $10,000 MGLS gift for users who complete some tasks.
Analysts expect more gains in the future.
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