- Floki DAO proposes burning over 15 billion FLOKI tokens.
- The community will vote soon, sentiment towards burning is bullish.
- The proposal comes at a bullish time of Bitpanda listing and Binance Pay page unveiling.
Floki proposes a new DAO proposal to burn 15,246,000,000 FLOKI tokens. This new Floki DAO proposal just went live. However, the decision to burn or not is still in the air. Floki DAO members will soon read the proposal and place their votes. What impact could this burn make to the price of FLOKI?
Based on responses to the tweet, the sentiment of the Floki Army seems bullish on burning the funds. In fact, most community members are looking forward to the burn in the hopes of seeing another massive price spike for the FLOKI token.
Amidst all the excitement of another possible burn, FLOKI makes a bullish listing on another popular crypto exchange, Bitpanda. This exchange is one of the largest and best-regulated multi-asset exchanges in Europe and now has FLOKI listed under its Meme Coin Leaders Index.
This bullish move was closely followed by VanEck, a major asset manager with over $100 billion in assets under management including FLOKI in its MarketVector Memecoin Index. Looks like the FLOKI name is reaching high value investors before the onset of the golden bull cycle.
With this latest listing, it is no question that FLOKI has made it into the big leagues and has marked itself as an industry-leading memecoin. Movers and shakers have begun to recognize FLOKI as a mainstream crypto asset.
In addition, FLOKI now has a dedicated page on Binance Pay. In detail, Floki and Binance have partners to make a dedicated webpage on Binance Pay. This is exciting for FLOKI’s merchants and the entire FLOKI community.
The purpose of this page is to streamline the integration and acceptance of FLOKI in stores and to open a path for merchants to tap into its vast reach of Binance’s 170 million users. Also, gas fees are eliminated for both users and merchants on all FLOKI transactions, making it a highly cost-effective token to trade.
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