
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