Floki DAO, the Decentralized Autonomous Organization (DAO) behind the FLOKI memecoin has announced the burning of 15,246,000,000 tokens. This move, as revealed by the memecoin project comes after the approval from the DAO.
FLOKI Advances Deflationary Model
Floki is one of the dominant memecoins in the market. Its relevance is quite pronounced considering it is also featured in the recently launched VanEck Memecoin Index. While the project commands a reasonable following with a dedicated community, its goal remains pursuing the best policies to enhance its utility and value.
15.246 BILLION FLOKI TOKEN BURN SUCCESSFULLY EXECUTED
Following the decisive vote by the #Floki DAO, 15,246,000,000 $FLOKI tokens have been successfully burned today.
This action reflects the community’s overwhelming support, with 99.84% voting in favor of the burn.
TX:… https://t.co/aHBUmTepbD pic.twitter.com/xtvIf59ocj
— FLOKI (@RealFlokiInu) May 22, 2024
The 15,246,000,000 FLOKI sent to dead wallets is one
We współpracy z: https://coingape.com/floki-dao-burns-15b-floki-will-price-return-to-ath/