Upcoming Token Burn to Impact FLOKI's Circulating Supply
Thursday, 29 February 2024, 10:00
Floki Developers' Token Burn Plan
In a recent announcement, Floki developers have unveiled their plan to burn $11M worth of tokens to reduce the circulating supply of FLOKI.
Significant Reduction in Supply
- The $11M token burn equates to a reduction of 190 billion tokens from FLOKI's circulating supply.
This move is expected to have a substantial impact on the token's availability and may affect its value and trading dynamics.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.