In a groundbreaking decision, the Floki DAO has unanimously approved a proposal to provide liquidity for the creation of the highly anticipated Floki Exchange-Traded Product (ETP). This milestone is a major step toward Floki Inu’s goal of becoming a mainstream cryptocurrency, with the DAO’s historic 100% support showing an unshakable belief in the project’s future.

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Key Highlights:

  • 100% DAO Approval: For the first time ever, the Floki DAO passed a proposal with no opposing votes, reflecting the community’s unified vision for the future of Floki Inu.
  • Liquidity & Token Burn: Over 16.3 billion FLOKI tokens from the community buyback wallet will be used to provide liquidity for the ETP, with the remainder being burned to reduce supply.
  • Launch in 2025: Set to go live in Q1 2025, the Floki ETP will be the second memecoin ETP on a regulated exchange, following Dogecoin—ushering in a new era for Floki Inu’s mainstream adoption.

A Milestone for Floki Inu

The approval of the Floki ETP marks a major leap in the project’s roadmap, bringing more institutional and traditional investors into the Floki ecosystem. This move positions Floki Inu as one of the most innovative memecoin projects, aiming to expand its adoption beyond just crypto enthusiasts to the mainstream financial world.

Market Updates:

Floki Inu’s market momentum continues to build as the Floki ETP prepares for launch. The price of FLOKI has risen to $0.0001796, marking a 5.27% increase in the last 24 hours. With a market cap now at $1.72 billion and a 24-hour volume of $350.3 million—up a staggering 57.57%—Floki Inu is experiencing a surge in investor interest.

The fully diluted valuation (FDV) stands at $1.73 billion, signaling strong long-term growth potential. These impressive market movements reflect increasing confidence in the project as it moves closer to the Floki ETP’s launch in 2025, further cementing its position as a leader in the evolving memecoin landscape.

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