Floki Inu It has seen a significant increase in interest, with its price rising by an average of 10% today. Floki, one of the pioneers of the meme coin industry, gives signals that the improvement in the sector will continue.
Floki DAO, the decentralized autonomous organization behind Floki Inu, recently attracted attention with its proposal to permanently remove over 15 billion tokens from circulation. This announcement meme coinIt fueled optimistic market sentiments for future price movement.
In a statement published on X, the DAO’s proposal is 15.24 billion FLOKI It shows that he intended to burn the token. In this context, the DAO proposed burning tokens recovered from a blacklisted wallet, except for 1% to be returned to the affected wallet as a goodwill gesture.
Regarding this, 15.40 billion FLOKI worth $2.8 million were transferred to multisig and in return 1% of the tokens were offered to be returned to the affected wallet. Simultaneously, the proposal aimed to burn 15.24 billion FLOKI and return 154 million tokens.
The proposal has so far received 99.84% votes in favour, with the total number of ‘no’ votes recorded at 0.16%. This potentially means the offer will be accepted.
The price gained 10.37% in the last 24 hours and is currently trading at $0.0001917. In the same period, transaction volume increased by 328.22% to 506.27 million dollars.
