Floki Inu Spikes 200% Amid $100M Burn Proposal Approval!
Floki Inu is experiencing a massive surge! Over the past 24 hours, FLOKI’s value has skyrocketed by more than 100%, fueled by a community-driven proposal to burn 2% of the token’s supply. This bold move, aimed at revitalizing the cryptocurrency, has sent shockwaves through the market.
The Floki Inu DAO has finally passed the “Remove the FLOKI transaction tax and burn the bridge tokens” proposal. As reported in our earlier news, the proposal signifies a significant shift in Floki Inu's strategy. The FLOKI Token Burn Proposal Receives Approval. The FLOKI community witnessed a decisive moment as the FLOKI DAO overwhelmingly voted in favor of burning a substantial amount of tokens.
The Floki DAO has officially voted in a proposal to permanently burn 4.97 trillion $FLOKI tokens in Floki’s main bridge and reduce the Floki transaction tax to 0.3%. This strategic burn aims to reduce supply and potentially drive up the value of the remaining FLOKI tokens. Floki Inu DAO has accredited a proposal to burn up one hundred million USD tokens, FLOKI cost has elevated by a staggering percentage in response!
The community is buzzing with excitement about the future of Floki Inu. Stay tuned for further updates as this story develops and monitor the market closely for continued price fluctuations.