Floki Prices Surge 100% as Burn Proposal Passes
As reported last week, the burn removes 2% of the tokens from the circulating supply.
Keep up with what's happening in the crypto world in real-time.
As reported last week, the burn removes 2% of the tokens from the circulating supply.
Crypto Price Prediction: February witnessed one of the most remarkable monthly market cap gains in the history of cryptocurrency, sparking a shift in discussions towards price-related topics, with a significant focus on Bitcoin, AI tokens, and $PEPE. As per the crypto analytics for Santiment, this surge in interest and investment has brought about speculations that
New and old-school meme coins are back. Dogelon Mars (ELON) price has jumped in the past six straight days and moved to its highest point since November 2023. Floki Inu ($FLOKI), on the other hand, has roared back, rising to its highest swing since March 2023.
Floki Inu (FLOKI) has recently experienced a remarkable surge in its price, witnessing a staggering 100% increase to reach over $0.0000949. This surge has not gone unnoticed within the cryptocurrency market, attracting significant attention from investors and enthusiasts alike.
Floki (FLOKI) developers are considering a proposal to burn 2% of the token's circulating supply. The aim is to enhance scarcity and bolster network security for the dog-themed crypto platform.
February has proven to be a highly positive month for the crypto market, with the total market capitalization climbing from approximately $1.62 trillion at the beginning of the month to over $2.33 trillion. This marks an increase of more than 40%.
Floki Inu (CRYPTO: FLOKI) developers have proposed to burn 190 billion tokens amid the token's 67.5% weekly rally. Analysts foresee a potential bull run for Floki Inu.
TL;DR Floki DAO has proposed a plan to burn 190 billion FLOKI tokens, which are worth over $11 million. This move is intended to significantly reduce the cryptocurrency project's total supply.
In a recent development within the crypto sphere, the Floki DAO has initiated a groundbreaking proposal aimed at enhancing the security and stability of the FLOKI project. The proposal, which entails a substantial token burn, seeks to address lingering concerns regarding the integrity of the project's circulating token supply.
The figure represents 2% of the token's circulating supply, or the number of tokens on the open market.
Floki Inu and Pepe have seen their prices increase significantly in the last few days.
The crypto market seems to be going nowhere but up. Bitcoin nears $60,000, Ether has been surfing above the $3,000 wave for four days, currently sitting at the $3,330 level, and the rest of the market continues to gain momentum.
The meme coin sector is witnessing a remarkable surge. Savvy investors, often called “smart money,” are flocking to this market.
FLOKI cryptocurrency witnessed an astonishing surge of nearly 60%, reaching a seven-month high. This surge follows an announcement from DWF Labs, a major player in the digital asset market and a Web3 investment firm, revealing plans to infuse $10 million into FLOKI tokens.
In the past 24 hours, FLOKI has risen by 16% and is currently trading at $0.000049. Interestingly, this meme coin reached a one-year peak of $0.000056 on February 27th.
In a bold move that's stirring up the crypto community, Floki Inu (CRYPTO: FLOKI), the popular memecoin named after dogcoin Shiba Inu (CRYPTO: SHIB) has announced a significant financial boost from Web3 investment firm DWF Labs. DWF Labs plans to purchase a whopping $10 million in FLOKI tokens from the Floki treasury over the next two years.
FLOKI has recorded notable gains over the past two days following the bullish DWF Labs purchase announcement. FLOKI is up by 16% in the past 24 hours and is trading at $0.000049 at the time of writing.
DWF Labs, known for its role in digital asset market making and Web3 investments, is increasing its support for FLOKI with a bold move—a $10 million token purchase. This comes after their initial $5 million investment in May 2023, highlighting their confidence in FLOKI's ability to shake up the crypto world.
The combined market capitalization for the top 100 meme-themed cryptocurrencies on Monday experienced a surge, now standing at approximately $26.5 billion—an increase of 10% in the last 24 hours, thanks to Bitcoin's (CRYPTO: BTC) rally to $56,000. What Happened: Data from Santiment, an on-chain analytics platform said, “Memecoins are gaining significant increased traction and market cap growth on an otherwise flat Tuesday.
Web3 investment firm DFW Labs is making a renewed commitment to the ecosystem of the meme-inspired cryptocurrency Floki Inu through a $10 million purchase of $FLOKI tokens. This follows their initial investment of $5 million in May 2023, marking its continued support for the meme coin's ecosystem.
In a significant development for the Floki Inu memecoin, digital asset market maker investment firm DWF Labs has revealed its plans to purchase $10 million worth of FLOKI tokens. The announcement has triggered a remarkable surge in the token's price, propelling it to a new 9-month high at $0.00005097.
DWF Labs, a titan in digital asset market making and Web3 investments, has committed to a staggering $10 million purchase of FLOKI tokens. It follows a $5 million investment made in May 2023, significantly boosting Floki's market presence.
TL;DR DWF Labs announces its commitment to acquire $10 million worth of FLOKI tokens as part of its investment strategy in the crypto market. The relationship between both parties began in May 2023, when DWF Labs acquired $5 million worth of tokens, significantly contributing to the adoption and utility of Floki in the industry.
Floki hits $105M staking TVL milestone, with 25% of total supply locked. It's the only major memecoin with significant supply staked.