{"id":27379,"date":"2024-03-09T14:04:39","date_gmt":"2024-03-09T14:04:39","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/floki-successfully-executes-190-billion-token-burn\/"},"modified":"2024-03-09T14:04:39","modified_gmt":"2024-03-09T14:04:39","slug":"floki-successfully-executes-190-billion-token-burn","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/floki-successfully-executes-190-billion-token-burn\/","title":{"rendered":"FLOKI successfully executes 190 billion token burn"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/floki-burn-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/floki-burn-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/floki-burn-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/03\/floki-burn-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Floki has announced the 190 billion FLOKI token burn has been executed.<\/li>\n<li>The tokens were worth over $47 million following FLOKI\u2019s 600% price surge in the past two weeks.<\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\"><a href=\"https:\/\/coinjournal.net\/floki\/\">FLOKI<\/a> has announced that the <a href=\"https:\/\/coinjournal.net\/news\/floki-dao-outlines-proposal-to-burn-190-billion-tokens\/\">scheduled 190 billion FLOKI token burn<\/a> has successfully executed.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As revealed recently, the Floki DAO approval for the burn saw the project outline that the planned incineration was to take place this week. <\/span><\/p>\n<p><span style=\"font-weight: 400\">On March 9, 2024, the team announced that 190.91 billion FLOKI, accounting for 2% of FLOKI\u2019s circulating supply, had permanently been removed.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cIn line with the decision of the #Floki DAO, 190,918,585,431.84 $FLOKI tokens have been successfully burnt across the ETH and BNB chains,\u201d the Floki Inu team <a href=\"https:\/\/twitter.com\/RealFlokiInu\/status\/1766450642149683352\" rel=\"\">posted<\/a> on X.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">FLOKI price up 600% in 2 weeks<\/span><\/h2>\n<p><span style=\"font-weight: 400\">According to the details, the total value of the burnt tokens was over $47 million. Initially, the 190 billion FLOKI had a value of $11 million. However, FLOKI price has more than doubled in the past week, with a 7-day range of $0.0001072 \u2013 $0.0002711.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The meme coin\u2019s price is up more than 600% in the past week and traded around $0.0002488 at the time of writing. Its value has surged 21% in the past 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201cWhile 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,\u201d team FLOKI noted.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Floki is not the only <a href=\"https:\/\/twitter.com\/LunarCrush\/status\/1766233858947862615\" target=\"_blank\" rel=\"noopener\">meme coin to fly this past week<\/a> as the crypto market rallied amid Bitcoin\u2019s ascend to its all-time high above $70,000. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Other tokens to obliterate bears in the meme space are Solana-based dogwifhat (helped by its Binance listing), Shiba Inu,Bonk and Pepe. Dogecoin also touched highs above $0.2 before paring gains.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/floki-successfully-executes-190-billion-token-burn\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Alt Coin News and Cryptocurrency Comparison ) Floki has announced the 190 billion FLOKI token burn has been executed. The tokens were worth over $47 million following FLOKI\u2019s 600% price surge in the past two weeks. FLOKI has announced that the scheduled 190 billion FLOKI token burn [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":27380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/27379"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=27379"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/27379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/27380"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=27379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=27379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=27379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}