Posted 3/2/2024, 1:18:00 PM
Floki Token Price Soars Over 100% as Investors Cheer Plans to Burn $11 Million Worth of Supply
- Floki token price surges over 100% as proposal to burn 2% of supply passes
- Nearly 90% of votes favored the burn of 190 billion tokens worth $11 million
- Burn planned to occur after 7-day period, aiming to boost network security and bullish sentiment
- Price surge follows burn plans being reported on CoinDesk; tokens up 140% since
- Meme coin euphoria likely contributing to price surge, with DOGE, SHIB, BONK also up 50%+
