FLOKI, a meme coin with a strong community and growing ecosystem, has caught the attention of investors. However, reaching $1 presents challenges. With over 10 trillion tokens in circulation, it would take FLOKI’s market cap to reach $10 trillion — far exceeding that of Bitcoin.
A radical reduction in supply through token burning is essential. For example, burning 99% of the supply could reduce the target market cap to $100 billion, making reaching $1 more realistic. Floki’s success depends on the adoption of its ecosystem, including FlokiFi and Valhalla, along with mainstream use cases and partnerships.
While this is unlikely to happen without major changes,