Floki devs announce plans to burn $11 million worth of tokens

Floki (FLOKI) developers are considering a proposal to burn 2% of the token’s circulating supply. The aim is to enhance scarcity and bolster network security for the dog-themed crypto platform. Lead developer B revealed that they plan to burn approximately 190,918,585,431.84 $FLOKI tokens, amounting to around 2% of the current circulating supply. At current market…