FLOKI at $1: How much needs to be burned to reach it?
The Floki Inu (FLOKI) token is trading around $0.00011, with a market capitalization of approximately $1.06 billion and a circulating supply of about 9.625 trillion tokens. If the price were to reach $1 without reducing the supply, the total market capitalization would exceed $9.6 trillion, a totally unrealistic amount, far beyond the entire global crypto market.
For such a price to become conceivable, the circulating supply would need to be massively reduced. Taking a target market capitalization of $80 billion, a level similar to what Dogecoin reached at its peak during the previous bull run, the total number of FLOKI tokens should be reduced to a maximum of 80 billion tokens.
This would imply burning more than 99% of the current supply. Without an extremely aggressive burn policy or a radical transformation of the token economy, reaching $1 remains highly unlikely under current conditions.
