- TOKEN was up by over 50%, while FLOKI’s price surged by 4% in the last 24 hours.
- On-chain metrics turned bearish on FLOKI, suggesting a trend reversal.
Floki Inu [FLOKI] has registered an impressive performance over the last 24 hours as its price rallied. During that period, the meme coin also made an announcement related to a proposal for TokenFi.
Realistic or not, here’s FLOKI market cap in BTC’s terms
The newly submitted proposal, if passed, will bring a noteworthy change to Tokenfi’s operations.
Floki submits a new proposal for TokenFi
TokenFi, which is one of the top topics in the crypto space, has witnessed a major development in the recent past. FLOKI recently submitted a proposal asking for changes in its tax mechanism.
As per the tweet, a new proposal just went live for the Floki DAO to vote on to determine whether the TokenFi transaction tax should be reduced to 0.3%.
A new proposal just went live for the #Floki DAO to vote to determine whether or not the @TokenFi transaction tax should be reduced to 0.3%.
This is a critical vote that allows us to initiate the next phase of growth for #TokenFi / $TOKEN.
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Author: Dipayan Mitra