The Floki Inu community has proposed to burn 15,246,000,000 FLOKI tokens, worth $2.8 million, to remove them from blacklisted wallets ¹. The burn is supported by a 2022 vote and aligns with the DAO's objective of transparency ². Following the announcement, FLOKI rose over 11%, and its trading volume increased 235.29% in 24 hours ¹. The impact of the burn on the price is expected to be positive, as it reduces the circulating supply and increases scarcity, potentially boosting bullish sentiment
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