FLOKI rises 10% in 24 hours: Will the token burn help prices further?

Despite FLOKI’s upcoming token burn, its price might turn bearish soon.

Floki Inu [FLOKI] has been the center of attention for quite some time now, as its price has spiked substantially.

In the meantime,  the meme coin passed an important proposal that might have a large impact on its price.

The last 24 hours were flourishing for FLOKI, as its value surged. According to CoinMarketCap , the meme coin was up by more than 10% over the last day.

At the time of writing, FLOKI was trading at $0.0001427 with a market capitalization of over $1.3 billion.

While the coin’s price rose, the community voted for an important proposal, which will soon result in a burning episode of a large number of FLOKI tokens.

To be precise, 190,918,585,431.84 FLOKI tokens will be burned.

To check the worth of those tokens, we used AMBCrypto’s ... Full Article

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