Floki FLOKI/USD is rallying 17% in the last 24 hours, beating top five meme tokens by market capitalization.
What Happened: At the time of writing, FLOKI was trading at $0.00003393.
Dogecoin DOGE/USD was exchanging hands at $0.090, down 1% while Shiba Inu SHIB/USD was trading at $0.00001413 down 2.19% in the last 24 hours.
Elon Musk’s favorite Dogecoin ‘Knockoff’ Baby Doge coin BABYDOGE/USD was up 6%, trading at $0.000000003158.
See More: Top Indian Apps That Give Bitcoin, NFT Rewards
The rally in FLOKI’s price comes as holders voted for a proposal for burning millions of FLOKI tokens. The proposal has been approved, with over 4.97 trillion tokens, worth over $55 million removed permanently from circulation.
FLOKI in a tweet on Monday said that its Locker TVL just crossed $12 million. For the unintated, Floki Locker is the meme coin’s first utility protocol to launch under the FlokiFi umbrella.
Read Next: Bitcoin, Ethereum, Dogecoin Slide: Analyst Sees Apex Crypto Bouncing To $28K If It Breaks This Level
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
