A cryptocurrency called Floki, which is inspired by a dog and is a joke currency, became more valuable by 326% in one week. This happened because the people who use Floki agreed to get rid of some of their coins, making it rarer and more special. Other similar jokes currencies like Shiba Inu also went up in value. A person who knows a lot about money and cryptocurrencies thinks that Floki will keep going up in price, just like another joke currency called Pepe did before. Read from source...

- The title is misleading and sensationalized, as it implies that Floki's price increase is solely due to the token destruction plan. However, there are other factors at play, such as market sentiment and trading activity.