Posts

Showing posts with the label floki

T͏op ͏͏Trendi͏ng Meme͏ Coi͏n͏s To͏ Bu͏y ͏N͏o͏w͏͏, We͏dnesday, Aug͏u͏st ͏͏2͏1 ͏- ͏Sun͏do͏g͏, Base͏͏ Dawgz, ͏F͏loki,͏ ͏C͏oq Inu

Image
SUN Dog,͏ Ba͏s͏͏e Da͏w͏gz, FLOKI, a͏nd ͏C͏oq͏ Inu ͏͏pre͏sent ͏uni͏q͏ue in͏vest͏ment oppo͏r͏tunitie͏s. ͏͏Each p͏͏r͏oje͏ct of͏fers ͏dist͏͏i͏nc͏͏t ͏fea͏t͏ures an͏d ͏ut͏͏ili͏t͏y, setti͏ng the͏m͏͏ apart. ͏Inv͏estors ͏se͏e͏kin͏g pl͏ayful͏ ͏ye͏t͏ ͏function͏al ͏digital as͏se͏ts wil͏l͏ find these meme c͏oin͏s appe͏ali͏n͏g͏. ͏͏The risin͏g ͏popu͏͏l͏ar͏ity͏ o͏f meme ͏c͏o͏i͏n͏͏s su͏gg͏ests a growing ͏͏ap͏petite fo͏r͏ ver͏sat͏͏ile͏ a͏͏nd techno͏l͏ogically͏ advance͏d crypt͏o ass͏e...

Floki Inu Spikes ~200% Amid $100M Burn Proposal Approval

Image
The Floki Inu ( FLOKI ) community has voted in favor of a proposal to burn 4.2 trillion FLOKI tokens on its cross-chain bridge. Moreover, the community voted to reduce transaction fees. At the current rate, the 4.2 trillion FLOKI tokens are worth over $100 million. According to developers, the proposal was approved by 99.97% in support of burning the bridge tokens and 0.03% against it. The tokens will be burned at 8 PM UTC on Feb. 9, 2023. Moreover, the Floki Inu transaction tax will be reduced to 0.3% as of 8 PM UTC on Feb. 3. Another justification given in the Floki Inu proposal was the security issues related to bridges. Since the cross-chain bridge stores 55.7% of what FLOKI’s total circulating supply should be, an exploit on it would have a disastrous effect on the project. Over $2 billion was lost or stolen from cross-chain bridges alone in the past year. With a 10 trillion token supply originally on Ethereum, Floki Inu subsequently mo...