Why Floki is bullish and ranked as the #1 altcoin
*FLOKI coin community chooses to burn $3.2M worth of FLOKI tokens*: A new proposal by FLOKI’s decentralized autonomous organization (DAO) suggests burning 15,246,000,000 excessive FLOKI tokens.
- *FLOKI briefly ranked as the #1 altcoin by combining social and trading activity*: The Viking horn-themed canine cryptocurrency has recently shown a remarkable record in combined social and trading activity.
- *Analysts mark FLOKI’s bullish pennant, reinforcing new all-time high hopes*: A bull pennant is a formation that happens when there is a sharp price increase, followed by a consolidation period, and then a breakout. This formation is considered bullish because it shows that the price is likely to continue increasing after the breakout.
DYOR
