Crypto Gloom

Floki Sets 190 Billion Token Burn Date According to DAO

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author: Nidhi Kolhapur

Nidhi is a certified digital marketing executive and passionate cryptocurrency journalist covering the world of alternative currencies. She shares the latest trending news about cryptocurrency and blockchain.

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Team Floki has revealed the date for burning 2% of the token’s circulating supply, subject to DAO approval. The official

Burning the token supply may reduce inflation, causing prices to skyrocket. Floki believes that this burn will help ensure long-term security stability. Meme coins are playing a significant role in the post-BTC ETF approval era. The launch of Floki’s token and various developments, including a 400% surge in the last month, are evidence.