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šŸ¶ Floki Inu (FLOKI) to Burn 15.2 Billion Tokens Worth $2.8 MillionšŸ”„ The Floki Inu community is set to burn 15.2 billion FLOKI tokens, valued at $2.8 million. This move, supported by a 2022 community vote, aims to eliminate tokens from blacklisted wallets, permanently removing them from circulation. The decision to burn these tokens comes from a consensus within the community, reflecting their commitment to maintain the integrity and value of FLOKI. The community has stressed that tokens in blacklisted wallets can only be sent to the Floki multisig, and burning them aligns with their expectations. As a goodwill gesture, the Floki DAO has promised to distribute 1% of the value of the burned tokens, approximately 154 million FLOKI, to those affected. This could incentivize more users to support future burns. The proposal has already garnered 232 votes, showing strong community backing. This isnā€™t the first token burn for Floki Inu. In February, the community voted to burn 190.9 billion tokens recovered from the multi-chain bridge, demonstrating the DAOā€™s decisive and decentralized nature. Following the burn announcement, FLOKIā€™s price surged over 11%, from $0.0001872 to $0.0002025. Trading volume also spiked by 235.29% in the last 24 hours, reflecting heightened market activity and investor interest. Stay tuned for more updates on how this significant burn will impact the Floki Inu ecosystem! šŸ¾ #PEPEATH #Memecoins #ETHETFS #altcoins #ETFvsBTC $FLOKI
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4 Altcoins To Buy Before Altcoin Season Starts 1. Solana (SOL): - Solana, the most popular blockchain network currently, has gained significant attention due to the success of Solana meme coins. - SOL, the native token of the Solana network, is currently trading at $145.97, with a 109% surge in its last 24-hour trading volume, totaling $2,077,586,755. - Ranked 5th among the top 10 cryptocurrencies on CoinmarketCap, SOL boasts a market capitalization of $65,459,493,601, making it an attractive investment option for the altcoin season. 2. Polygon (MATIC): - Polygon, a layer2 solution often dubbed as the best alternative for the Ethereum network, has gained immense popularity over the years. - MATIC, the native token of Polygon, is among the top 20 cryptocurrencies, with a market cap of $6,624,997,147. - Currently trading at $6,625,428,706, MATIC has witnessed a 104.57% surge in its trading volume, indicating potential profits during the altcoin season. 3. Toncoin (TON): - Toncoin has garnered massive popularity, especially with its collaboration with the social media platform Telegram. - TON, with a trading value of $7.26, is ranked 8th for its market cap of $25,230,439,674, and has experienced a significant surge in trading volume by 202%. - With a history of profits and a promising collaboration with Telegram, TON presents a lucrative opportunity for investors. 4. Chainlink (LINK): - Chainlink has been consistently adding new functionality and Smart Contract features to the market. - LINK, the native token of Chainlink, is ranked 16th for its market cap of $7,928,632,368 and is currently trading at $13.53. - With a 52% surge in trading volume and ongoing efforts to enhance its offerings, Chainlink is positioned as an ideal option for the altcoin season. #ETHETFS #Memecoins #ETFvsBTC #BTC #MicroStrategy
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