$FLOKI ++ IF WE BURN THESE CONSTANT MONTHLY QUANTITIES ++ at the end of the year the total AMOUNT OF TOKE WILL BE ONLY 6T
$55.26 MILLION+ IN $FLOKI BURNED SO FAR IN MARCH THROUGH STRONG UTILITY DEMAND
A total of 214,774,104,953 $FLOKI tokens, worth $55,261,377.2 at the time of writing, have been burned so far in March.
That's more burns than $DOGE, $SHIB, $PEPE, $WIF, $BONK and other top #memecoins combined!
These burns are happening through a combination of Floki's utility products and a DAO-approved burn.
We expect these burns to ACCELERATE with the launch of more #Floki products later this year and as strong momentum for Floki continues.
These utility-driven burns automatically remove $FLOKI from circulation as demand and use of Floki products increase, and they will continue well into the future as adoption of Floki products increases.
Specifically, these burns are driven by two key Floki products:
1. The Floki Staking program, which has a 5 - 20% early unstake penalty fee in the form of $FLOKI , which is burnt whenever a Floki staker unstake earlier than the due date.
2. The FlokiFi Locker DeFi protocol, which buys/burns $FLOKI whenever it is used on the ETH and BNB chains.
In addition, we have several exciting products coming later this year, such as the "Floki Trading Bot," which will aggressively accelerate $FLOKI burns.
We've also kickstarted aggressive marketing campaigns to help accelerate the adoption of Floki products and introduce Floki to billions of new users as we work towards our goal of becoming the world's most known and most used cryptocurrency.
Things are about to get really exciting for Floki going forward. Stay tuned! 👀.
$FLOKI FLOKI / FDUSD is now listed on Binance Spot!
In response to strong demand, #Binance , the world's largest and most respected exchange, has added the $FLOKI / FDUSD pair to its spot pairs. Trading will commence on March 13 at 8 AM UTC!
With over 170 million users worldwide and an average daily volume of $65 billion, this listing significantly enhances #Floki's market liquidity and maturity. #Pump 🚀🚀
While this is a significant number of tokens burned, we want to highlight that a lot more tokens will be burned in the long term through Floki utility.
We announced last week that $1.12 million worth of FLOKI tokens were burnt in a week through Floki utility and early unstaking penalty fee burns.
Utility-driven burn of FLOKI has accelerated since then: an additional 11,393,659,974 FLOKI tokens, currently worth over $2.8 MILLION, have been burnt in the last week since our announcement. #Floki
$FLOKI ok you are making us have fun and make some small gain but will reach 10T of mCap . It’s impossible!! So for 1$ from my point of view you have to burn 4/5T of #Floki tokens at least!! Opinions of the #Community #BINANCIANI #Floki
$FLOKI #FLOKI has just been listed on CoinMENA, one of the largest cryptocurrency exchanges for retail and institutional customers in the Middle East.
Users can now buy $FLOKI with fiat currencies BHD, AED, SAR, KWD, OMR, QAR, EGP and USD on CoinMENA by linking their bank accounts.
@CoinMENA is licensed and regulated by the Central Bank of Bahrain and the Virtual Asset Regulatory Authority of Dubai.
This is an IMPORTANT list for the adoption of Floki and our goal to become the best known and used cryptocurrency in the world as it introduces Floki to key and wealthy players in the Middle East and Arab regions.
$FLOKI The #Floki Staking Program has achieved a historic feat by reaching an all-time high TVL of $421.9 million. This amount represents 25% of the circulating $FLOKI supply, which is locked and staked for up to 4 years.
This not only enhances FLOKI's utility value and long-term stability but also solidifies Floki's position for dominance. It stands alone among major memecoins like $WIF, $PEPE, $BONK, $DOGE, or $SHIB, with such a substantial portion of its supply staked.
$BTC BlackRock wants to add Bitcoin spot ETFs to its Global Allocation Fund, with BTC increasingly present among investment portfolios #CryptoCommunity #Btc #Eth #Binance #Ath