- Floki DAO confirmed a resounding vote of 99.84% to burn over 15 billion FLOKI tokens.
- The burning of these tokens will take place sometime this week.
- Will the price of FLOKI experience a spike after the burn?
In another bullish wave of token burning, Floki DAO takes a vote to burn over 15 FLOKI tokens and the votes are in. According to the majority, the decision is made to burn 15,246,000,000 FLOKI tokens.
The numbers for the massive token burn was a positive landslide as 99.84% of the Floki DAO members stood for the burn. According to the entity, this massive number of tokens will be burned within the week.
Floki has been trending every few days for many weeks now as the project unveiled bullish news and bullish announcements. So far, this token burn has been an exciting one especially considering that the project has had many massive token burns before.
While burning over 15 billion tokens may seem like a massive amount, it is still a smaller number compared to the tokens the project burned back in March earlier this year. In particular, the project burned 190,918,585,431.84 tokens after a similar resounding vote from Floki DAO.
Remarkably, the project burned more FLOKI tokens soon after. One set of FLOKI burns marked over $404,800 worth of FLOKI. Soon after that over $772,000 worth of FLOKI tokens were burned as well.
Besides these bullish burns the project made many other bullish announcements which led to the popularity of the memecoin. On its mission to make FLOKI the most recognized and more used token, the project unveiled a bullish roadmap.
Most recently, the project announced the listing of its token on Bitpanda along with a dedicated page on Binance Pay. Indeed, the popularity of FLOKI is unmatched. Yesterday, the project celebrated its official listing on Binance Thailand as well.
Read Also
disclaimer read moreCrypto News Land, also abbreviated as "CNL", is an independent media entity - we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
