Floki created excitement in the crypto market with the ETP launch.
This launch is raising hopes for the future of other meme coins.
Meme coin ETPs can trigger a significant rally in 2025.
It is reported that the Floki community has made significant progress in the process of creating ETP. The community of the token has passed a critical proposal that enables the creation of liquidity for the ETP launch. In addition, there are plans to burn a certain amount of tokens in preparation for ETP creation.
The broad market expects the creation of ETP to significantly support the price of the leading dog-themed cryptocurrency. Leading meme coins like Dogecoin have increased market visibility with ETP launches. It is noted that such ETP launches also hold promise for BONK, PEPE, and other meme-themed coins.
While launches of ETPs backed by other meme tokens continue, significant gains are expected for the overall sector. The Bonk community is reportedly targeting an ETP launch in the US for retail and institutional investors, and is working with New York-based Osprey Funds.
It is thought that Floki ETP, while increasing institutional interest in the coin, can also create a positive ripple effect in the sector by paving the way for other meme coin ETPs.
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In general, Floki's ETP launch could herald new opportunities in the meme coin ecosystem. This development could increase interest in meme-themed financial products among investors and create new dynamics in the market.
The increase in ETP launches can help meme coins reach a wider investor base. This can contribute to further growth and diversification of the meme coin market.
Keeping up with future developments can offer significant opportunities for investors. Further integration of meme coins through ETP can create new dynamics in the crypto market