Token

Burn

FLOKI

Floki DAO

Read

<ul>
 <li>FLOKI makes a bullish announcement amidst the Bitcoin (BTC) and Ether (ETH) rally.</li>
 <li>The project will burn over 15 billion FLOKI tokens on May 22, 2024.</li>
 <li>The price of FLOKI is already bullish, and is up by 10% in the last 24 hours.</li>
</ul>
<p><a href="https://floki.com/" rel="noopener noreferrer nofollow">Floki</a> just confirmed the date for its latest token burn. In detail, 15,246,000,000 FLOKI tokens were burned after a <a href="https://cryptonewsland.com/99-84-of-floki-dao-votes-for-another-massive-token-burn-of-15246000000-floki-tokens-within-the-week-bullish-week-ahead/" rel="noopener noreferrer nofollow">unanimous 99.84% vote</a> to burn the tokens by the Floki Community, specifically, the Floki DAO.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">In line with the decision of the <a href="https://twitter.com/hashtag/Floki?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Floki</a> DAO, 15,246,000,000 <a href="https://twitter.com/search?q=%24FLOKI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FLOKI</a> tokens will be burnt on May 22, 2024.<br><br>The <a href="https://twitter.com/hashtag/Floki?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Floki</a> DAO voted in favor of burning 15,246,000,000 <a href="https://twitter.com/search?q=%24FLOKI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FLOKI</a> tokens, with an overwhelming majority of 99.84% voting in favor of the burn.<br><br>Stay tuned for further updates! <a href="https://t.co/aHBUmTepbD" rel="noopener noreferrer nofollow">https://t.co/aHBUmTepbD</a></p>— FLOKI (@RealFlokiInu) <a href="https://twitter.com/RealFlokiInu/status/1792643254338416792?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 20, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>As we can see from the official FLOKI post above, the burn date has been set for May 22, 2024. The community promises updates soon. No doubt, the FLOKI Army is hoping to see the FLOKI price soar soon after.&nbsp;</p>
<p>The news is already causing bullish action towards FLOKI price. As FLOKI prepares for a bullish week ahead surrounding the massive burn, the price of FLOKI is already moving in an upward rally.&nbsp;</p>
<p>According to <a href="https://coinmarketcap.com/currencies/floki-inu/" rel="noopener noreferrer nofollow">CoinMarketCap</a>, the price of FLOKI is up by over 10% in the last 24 hours. The asset is currently at the value of $0.0002127, this is slightly lower than its previously set ATH at the price of $0.0003437.</p>
<p>Part of the bullish surge could be a contribution for the ongoing bullish rally of Bitcoin (BTC). The pioneer crypto asset has soared past $71,000 and is moving steadily towards its previous ATH of $73,737. Many analysts expert Bitcoin to set new ATHs as the asset has reentered its discovery phase.</p>
<p>The next leg up for Bitcoin (BTC) is expected to be at the $80,000 price range. Of course, when Bitcoin moons, Ethereum is not far behind. Today, ETH price also shot up at an incredible rate and a big reason is high expectation for an early ETH ETF approval.&nbsp;</p>
<p>Many traders speculate the confirmation of an <a href="https://cryptonewsland.com/bullish-early-eth-etf-approval-fuels-eth-price-rally-following-us-secs-request-for-exchanges-to-update-filings/" rel="noopener noreferrer nofollow">early ETH ETF approval</a> to be the start of the altseason. This means bullish sentiment is ablaze in the crypto space and new ATHS are on the way for every altcoin and memecoin in the space.&nbsp;</p>
<p>Certainly, the latest FLOKI burn is only adding to the excitement. We will have to wait and see where this bullish season is headed for Bitcoin, Ethereum, and FLOKI. Can FLOKI beat its ATH this week?</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/floki-prediction-2025-when-will-floki-break-the-0-003-barrier/" rel="noopener noreferrer nofollow">FLOKI Prediction 2025: When Will FLOKI Break the $0.003 Barrier?</a></li>
 <li><a href="https://cryptonewsland.com/how-will-floki-inu-achieve-its-0-000093-milestone-in-2024/" rel="noopener noreferrer nofollow">How Will Floki Inu Achieve Its $0.000093 Milestone in 2024?</a></li>
 <li><a href="https://cryptonewsland.com/floki-sets-date-for-roadmap-unveiling-core-contributor-teases-serious-moves/" rel="noopener noreferrer nofollow">FLOKI Sets Date for Roadmap Unveiling, Core Contributor Teases Serious Moves</a></li>
 <li><a href="https://cryptonewsland.com/floki-dao-proposes-burning-over-15b-floki-tokens-amidst-bullish-bitpanda-listing-and-binance-pay-page-reveal-floki-price-spike-incoming/" rel="noopener noreferrer nofollow">FLOKI DAO Proposes Burning Over 15B FLOKI Tokens Amidst Bullish Bitpanda Listing and Binance Pay Page Reveal, FLOKI Price Spike Incoming?</a></li>
 <li><a href="https://cryptonewsland.com/99-84-of-floki-dao-votes-for-another-massive-token-burn-of-15246000000-floki-tokens-within-the-week-bullish-week-ahead/" rel="noopener noreferrer nofollow">99.84% of FLOKI DAO Votes for Another Massive Token Burn of 15,246,000,000 FLOKI Tokens Within the Week, Bullish Week Ahead?</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/floki-marks-date-to-burn-15246000000-tokens-following-floki-dao-vote-floki-price-surges-by-over-10-amidst-bullish-news/" rel="noopener noreferrer nofollow">FLOKI Marks Date to Burn 15,246,000,000 Tokens Following Floki DAO Vote, FLOKI Price Surges by Over 10% Amidst Bullish News</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

FLOKI Marks Date to Burn 15,246,000,000 Tokens Following Floki DAO Vote, FLOKI Price Surges by Over 10% Amidst Bullish News

Crypto News Land

Other articles published on May 21, 2024

Trader Predicts More Rallies for Surging Ethereum Rival, Updates Outlook on Chainlink and Two Add...

Ripple and the SEC reach the final stage of their legal battle, with the court set to decide on k...

Crypto: Ethereum initiates a historic rally for Altcoins!

Cardano’s development soars: Checking the impact on ADA

BEFE Coin’s Journey to the Top 100: A New Player in the Meme Coin Arena

ZachXBT flags Lazarus-linked addresses worth $61M

Join our free newsletter for daily crypto updates!