Community is an important part of a crypto project’s success, and Floki DAO’s recent decision to burn 15B $FLOKI highlights its undaunted focus on community. This bold move has sent ripples through the dwindling crypto market. It has captured the attention of savvy investors watching not only Floki Inu price but other high-potential meme coins like Shiba Inu and the AI-powered dark horse, Raboo.
Could this burn to give $RABT a sustainable boost as it gains the upper hand in its presale? Let’s find out.
Floki DAO Burn 15B Tokens: Floki Inu Price Resume Bull Trend
The lower the supply, the higher the value, and the recent Floki DAO burn has proven this once again. A few weeks ago, the proposal to reduce the token supply by 15.246 billion came in, and the decision saw an overwhelming 99.8% upvote from its community.
The burn and Coinbase’s focus on expanding its derivative products with Floki have sparked positive sentiments. Despite the ups and downs, Floki is gradually painting the picture perfectly by focusing on value-driven utility. As expected, the Floki Inu price saw a quick jump. The token soared by 8.2% to $0.00029 in the past 24 hours, pushing its market valuation to $2.8B.
Coinbase Expands Derivative Offering With Shiba, Others. SHIB Sees Slight Gain
Unlike Floki Inu price rise, Shiba Inu seems to have lost itself in the sluggish crypto market. While Floki DAO’s bullish action may have spilled over to $SHIB, its price continues to wallow in a tight range. In the past seven days, Shiba Inu has gained 4%, while the monthly change came in at a slight 6% increase.
However, the icing on the cake is the positive outlook that SHIB is getting following Floki Inu’s massive burn. For many, the quick rise in Floki Inu’s price signifies an impending boom in SHIB’s price. Fortunately, Coinbase announcing the expansion of its derivatives with Shiba Inu, Bonk, and Floki Inu has sparked serious FOMO.
Raboo Merges AI and DeFi with MemeFi, Attracts Thousands in Million Dollar Presale
Raboo has been defying the bear pull for weeks with its colossal price gain and investors’ interest. Floki DAO’s commitment to providing quality rather than quantity underpins its fundamental ethos. Raboo blends this community-driven approach with AI innovation to bridge the gap between DeFi, innovative development, and meme culture.
For the first time, Raboo’s ingenuity has created a multifunctional space for meme enthusiasts to earn passively, build a sustainable community, and unlock financial freedom. It boasts the first-ever Social-Fi platform, AI-powered meme generators, and ecosystem perks. All these are the reasons investors can’t keep their eyes off Raboo. Given that its ongoing third-stage presale price is still at an alluring $0.0042, it’s only time before its predicted 100x becomes tangible.
Conclusion
Floki’s massive token burn has strengthened its price and, unsurprisingly, showcased meme power. Raboo is tipped to touch the moon and grow to be one of the top 20 cryptocurrencies by market cap. Its Solidproof audit ensures investors are getting value for their money risk-free. Don’t miss out on this life-changing opportunity!
You can participate in the Raboo presale here.
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