Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»BITCOIN NEWS»FLOKI Grows Over 300% As Memecoin Violates $400 Million TVL
BITCOIN NEWS

FLOKI Grows Over 300% As Memecoin Violates $400 Million TVL

By Crypto FlexsMarch 4, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
FLOKI Grows Over 300% As Memecoin Violates 0 Million TVL
Share
Facebook Twitter LinkedIn Pinterest Email

Floki Inu (FLOKI), a dog-themed cryptocurrency, has caught the attention of investors, traders, and enthusiasts alike with a notable surge in price. The coin’s value has experienced a rapid rise, surging by more than 50% in the last 24 hours alone.

FLOKI records an impressive weekly rise of 336%

However, it is the weekly period that really surprised market watchers as FLOKI recorded an impressive rally of 336%. This price surge follows a community-backed proposal to burn 2% of the token supply.

The token burn proposal received overwhelming support from the community, with nearly 90% of votes cast in favor of the plan. The top voter held a whopping 117 billion tokens, demonstrating faith in the long-term security and stability of the Floki project.

Official: FLOKI DAO passes vote to burn 190,918,585,431.84 FLOKI tokens

that much #Floki DAO voted in favor of burning 190,918,585,431.84. $FLOKI token. Based on the current market value, it is over $24 million.

As decided by Floki DAO, the token will… pic.twitter.com/uGu0XFU5p9

— FLOKI (@RealFlokiInu) March 2, 2024

The burn event is scheduled to take place in 7 days, and its purpose is to ensure the sustainability of the project by minimizing risks associated with token exploitation and dumping.

Social media buzz and positive emotions

An investigation by NewsBTC found a surge in social media mentions of Floki Inu in recent days. This indicates the continued popularity of meme coins within the cryptocurrency community.

Moreover, the rise in weighted sentiment means that positive views about the token are prevailing at the time of writing. This growing social media buzz and optimistic sentiment has contributed to the interest in Floki Inu and its rapid rise in value.

Source: Santiment

FLOKI Total Value Fixed Soaring

Meanwhile, Floki has had notable achievements. Total value locked (TVL) across ecosystem products exceeds $400 million. This performance follows the cryptocurrency’s all-time high of $366 million, demonstrating its rapid rise and investor appeal.

FLOKI Achieves $400 Million in TVL#Floki Just hours after ATH reached $366 million, TVL across two of its key ecosystem products surpassed $400 million.

– Floki Staking: $297M+
– FlokiFi Locker: $111M+$FLOKI It now has more TVL than other top memecoins such as: $PEPE,… pic.twitter.com/rjCXPF7y6H

— FLOKI (@RealFlokiInu) March 2, 2024

As the cryptocurrency market continues to evolve, all eyes are on Floki Inu and its future trajectory. Market participants are eagerly awaiting the outcome of the token burn event and closely monitor social media trends and cautionary indicators for their impact on coin prices.

Total crypto market cap at $2.3 trillion on the daily chart: TradingView.com

Over the next few days, more information will likely emerge about whether Floki Inu can maintain its current momentum or whether a correction is imminent.

Related Read: Shiba Inu Soars 124% – What’s Driving Prices Up?

Floki Inu’s recent price surge has attracted widespread attention due to the community’s overwhelming support for the token burn proposal. The popularity of the coin on social media and positive sentiment within the cryptocurrency community further contribute to the coin’s rise.

Featured image from Pexels, chart from TradingView

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano is 4% away, saying that Hoskinson will break the Internet.

September 21, 2025

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Expect what XRP ETF is approved by the SEC

September 9, 2025
Add A Comment

Comments are closed.

Recent Posts

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025

Pepeto Highlights $6.8M Presale Amid Ethereum’s Price Moves And Opportunities

September 26, 2025

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Linea Price Spikes 14% as Swift selects Linea for the pilot

September 27, 2025

Futuromining Reaches $5,700 Daily Income Milestone For XRP Users

September 26, 2025

CoinFerenceX 2025 Unites Global Web3 Innovators In Singapore On September 29

September 26, 2025
Most Popular

Solana’s strategic moment: Can Sol copy the institutional interests of BTC?

May 31, 2025

19b-4 Canary Capital File for HEDERA HBAR ETF

February 24, 2025

VGX Foundation and Gala Games join forces to develop new Web3-enabled games

February 4, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.