Browsing:Floki Inu

5 months ago 1 min read

Floki Inu (FLOKI) Rises Over 40% in 24 Hours Following Binance Listing

Floki Inu (FLOKI) has made headlines in the crypto world with its unprecedented growth in the last 24 hours. Despite bearish sentiment prevailing in the market, FLOKI’s price surged over 40%, and at press time, it was trading at $0.00004099 with a market capitalization of $398 million. Thanks to this surge, FLOKI has reclaimed its spot among the top 100 cryptos by market cap and currently sits at the 95th spot. The driving force behind FLOKI’s sudden surge is Binance, which recently listed the crypto on its platform. Binance announced that trading on FLOKI/USD and FLOKI/USDT pairs will commence on

8 months ago 1 min read

Floki Inu DAO Approves Token Burn 4.2 trillion FLOKI tokens

The Floki Inu community has approved a proposal to burn 4.2 trillion FLOKI tokens worth over $100 million and reduce the transactional tax. The proposal was passed with a 99.97% majority vote in favor and will be implemented on Feb.9, 2023. The reduction in supply is expected to increase the value of each token if demand remains constant. The proposal also cites security risks associated with cross-chain bridges as another reason, with over $2 billion lost or stolen from cross-chain bridges in the past year. The move is part of Floki Inu’s plan to position itself as a serious decentralized