In a significant week for dog-themed meme tokens, Floki (FLOKI) and Dogwifhat (WIF) have seen remarkable surges in their value. Floki's price more than doubled, surging over 100% following a community vote to burn 2% of its circulating supply, amounting to over $24 million or 190,918,585,431.84 tokens. This move by the Floki DAO aims to reduce the available supply, potentially increasing the token's value. Concurrently, Dogwifhat's value skyrocketed, achieving nearly a 200% increase in the past week and surging over 250% to reach an all-time high twice in one day. The surge came after Robinhood Crypto Europe added support for WIF, marking a significant milestone for the token. This listing on Robinhood Europe contributed to its outperformance in the memecoin market. Shiba Inu, another dog-themed meme coin, also experienced a notable increase in its burn rate, with a staggering 3,0187% increase on March 1, indicating a growing interest in meme tokens among investors.
Shiba Inu, the dog-themed meme coin, witnessed a surge in its burn rate, with a staggering 3,0187% increase on March 1. Meanwhile, Floki is up nearly 80% from 24 hours ago https://t.co/PSgbyRNTqY
Prices of dog-themed tokens Floki (FLOKI) surged more than 100% in the past 24 hours as a proposal to burn 2% of the token’s circulating supply was passed by the community. By @shauryamalwa. https://t.co/2UXxxSEnfA
Sheesh, the FLOKI DAO just voted in favor of burning $24m worth of $FLOKI. As if this coin wasn't bullish enough already. It's all about the big mcap memes rn it seems. $PEPE, $SHIB, $FLOKI all lookin good. https://t.co/xBlUzV8yqU
IT'S OFFICIAL: FLOKI DAO PASSES VOTE TO BURN 190,918,585,431.84 FLOKI TOKENS The #Floki DAO has voted in favor of burning 190,918,585,431.84 $FLOKI tokens. At the current market value, this is worth over $24 MILLION. In line with the decision of the Floki DAO, the tokens will… https://t.co/uGu0XFU5p9
Solana-based memecoin dogwifhat has reached an all-time high for the second time today, surging over 250% in the last week https://t.co/r2ggWdEjLk
The hat goes to Europe. Robinhood EU now supports $WIF trading. Get the scoop in our newsletter 👇 https://t.co/Nxaqm8IMWg. https://t.co/nMd2HsJB7a
Dogwifhat outperforms memecoin market after Robinhood Europe listing https://t.co/Ccvu7jBOQG
Dog-themed meme coins are having a bumper week, with #Dogwifhat jumping following its listing on Robinhood Europe. https://t.co/WTWAnP5TJs
Robinhood Crypto Europe has quietly added support for dogwifhat (WIF) after the token gained nearly 200% in just one week https://t.co/qNW1p8aYNR