The price uptick comes after the Floki DAO vote
This came after the Floki DAO voted to burn 4.97 trillion FLOKI tokens in the Floki bridge and approved the reduction of the Floki transaction tax to 0.3%.
It has been estimated that 4.97 trillion tokens are now set to be burned. This, of course, was perceived as a bullish development by meme coin aficionados. Floki Inu is an ERC-20 and BEP-20 compliant token, which means that it runs on both the Ethereum and Binance Smart Chain blockchains. This allows for easy 1:1 FLOKI swaps on the ETH-BSC bridge via atomic swap.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FLOKI Soars 15% After DAO Proposal to Burn $55M in Floki Inu TokensFLOKI climbed to a 5-month high after the team shared the plan.
Read more »
Shiba Inu Rival Floki (FLOKI) Suddenly Jumps 47% on Major Listing NewsFloki (FLOKI) shoots 47% as it gets listed on major exchange $FLOKI
Read more »
Floki Inu Developers Float DAO Proposal to Burn $55M of Its Own TokensToken utility and bridge security are two key factors driving a popular RealFlokiInu governance proposal. By shauryamalwa
Read more »
Elon Musk Says Offer to McDonald's on Accepting Dogecoin (DOGE) Still '100%' OpenElon Musk confirms McDonald's Dogecoin (DOGE) offer still on table DOGE $DOGE DogeArmy DogeFam DOGECommunity Dogecoinrise DogecoinToTheMoon
Read more »
Dogecoin Adoption Expands, Here Are Businesses That Accept DOGE NowDogecoin adoption keeps expanding as more businesses, including elonmusk's companies, begin accepting $DOGE. CoinGatecom
Read more »