Haciyev Reşit 
Floki Inu (FLOKI) price gained fresh momentum today. The meme coin rose by 2%, surpassing the $0.000089 level following the launch of the first-ever Floki ETP (Exchange-Traded Product) in Europe. This development marks Floki as the first project on the BNB Chain to achieve such a significant listing.
The First Floki ETP Goes Live in Europe
The main driver behind the surge was the launch of a new product announced by Valour, a subsidiary of DeFi Technologies. Valour confirmed that the Floki (FLOKI) SEK ETP has officially begun trading on Sweden’s Spotlight Stock Market. This platform had previously hosted crypto ETPs for projects like Pepe, Optimism, and Quant, but the addition of Floki represents a historic milestone for BNB Chain-based tokens.
According to experts, this development demonstrates that meme coins can be integrated into traditional financial products, strengthening Floki’s legitimacy in the eyes of institutional investors.
One of the First MiCA-Compliant Tokens in Europe
Floki’s listing in Europe follows the submission of a technical document to the European Securities and Markets Authority (ESMA) in July. As a result, Floki has become one of the first meme coins to comply with the MiCA (Markets in Crypto Assets Regulation) framework.
According to experts, Floki’s recent steps toward regulatory compliance are enhancing the project’s long-term sustainability and increasing its potential for institutional adoption.
A market analyst commented on the development, stating:
“Floki is no longer just a meme coin; it is becoming an asset integrated into European markets, offering access to institutional investors. This marks a new chapter in the brand’s growth.”
Supported by Strong Crypto Market Momentum
With Bitcoin climbing above $120,000, overall market sentiment is also favoring Floki. The token has gained 21% over the past 24 hours and 27% over the past week. Analysts note that FLOKI is currently in an accumulation phase, forming strong resistance levels between $0.00011 and $0.00015. If these levels are broken, the price has the potential to rise as high as $0.00025.
Technical Indicators Support the Bulls
Floki’s technical indicators are also signaling a bullish outlook:
- MACD is showing a positive crossover, indicating the start of a new upward trend.
- RSI (Relative Strength Index) is expected to accelerate in momentum once it moves above the 45 level.
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