Floki Fires Up the Furnace ๐ฅ
Community Approves Massive Token Burn ๐
Do you hold FLOKI? ๐ Ever dreamt of a skyrocketing price? ๐ Well, things are heating up for the Shiba Inu-inspired meme coin! ๐ถ๐ฅ
Get ready for a major token burn! The Floki DAO just approved a whopping 15.2 billion FLOKI burn proposal with a near-unanimous vote (99.84%) to reduce supply and potentially boost token value! ๐ฅ๐ฐ
This firestorm of a decision follows the return of 15.4 billion FLOKI tokens by a blacklisted wallet that missed an earlier deadline. The Floki DAO, ever the peacemakers โฎ๏ธ, is proposing to return 1% as a token of goodwill, while burning the remaining 99% to set an example and encourage responsible token circulation. ๐ฅ
This isn't Floki's first fiery rodeo ๐ฅ๐ด. Back in February, they torched a cool 190.9 billion FLOKI recovered from a bridge mishap. They also incinerated 4.97 trillion FLOKI in January 2023 after disabling their cross-chain bridge. ๐ฅ๐ฅ๐ฅ
The news of the upcoming inferno ๐ฅ sent a jolt of excitement โก๏ธ through the Flokiverse. Following the announcement on May 14th, the price of FLOKI jumped 7.86%! ๐ At the time of writing, FLOKI sits at $0.0002132 with a 24-hour trading volume that's setting the charts ablaze ๐ฅ๐ at $269 million.
This bullish sentiment ๐๐ has some Floki fans dreaming big. ๐ One community member even dared to ask if FLOKI could reach a mind-blowing $1! ๐ธ Crypto analyst Scofield is also bullish on Floki, citing strong technicals and fundamentals. ๐๐ช
And if that wasn't enough to get you hyped, the infamous Elon Musk parody account chimed in, reminding everyone that the meme coin craze is far from over. ๐๐ They believe FLOKI is poised for dominance, thanks to the upcoming burn and a mysterious announcement coming in a few days! ๐ฎ
Buckle up, Floki fam! ๐ This spaceship might just be ready for liftoff! โฌ๏ธ๐ฅ #FlokiRoadmap2024 #buythedip #memecoin๐๐๐ #BullishMay #CryptoNewsFlash
**Remember, This Ain't Financial Advice! โ ๏ธ**
