##FLOKI_Market_Update Here are some recent developments in FLOKI ¹ ² ³ ⁴ ⁵:

- *Token Burn Proposal*: The FLOKI community voted in favor of burning 2% of the token's total supply. This decision aims to permanently remove tokens from circulation, potentially increasing the value of remaining tokens.

- *Price Increase*: FLOKI experienced a 300% price increase in the past week, with a recent surge of approximately 6% following the approval of the token burn proposal.

- *Security Risks*: The proposal pointed out security risks associated with bridges, as cross-chain bridges have been exploited in the past, resulting in significant losses.

- *Reducing Supply*: Burning tokens is a way of reducing supply, which subsequently adds value to each token as long as the level of demand remains the same.

- *Exchange Listings*: FLOKI has been listed on major exchanges such as Kraken, Revolut, and Binance Thailand, expanding its accessibility to traders and boosting market sentiment.

- *Community Optimism*: The token burn proposal and recent listings have created optimism within the FLOKI community, hinting at a potential continuation of its upward trajectory. 100% #FLOKI_Market_Update