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"Floki DAO Greenlights Funding for Upcoming ETP—Unanimously Approved"
Floki DAO, the decentralized autonomous organization managing the meme coin Floki, just made a major move. They unanimously approved funding to support the launch of a Floki-based Exchange-Traded Product (ETP), slated for Q1 2025.
According to a report by Cointelegraph, the DAO decided to allocate a portion of the 16.3 billion Floki tokens held in their community buyback wallet to provide liquidity for this upcoming ETP. The goal? To give traditional European investors easy access to Floki through regulated financial markets.
Currently ranked 66th by market cap on CoinMarketCap, Floki’s leap into the ETP space marks a bold step toward legitimacy for community-driven meme coins. A Floki spokesperson emphasized the significance, revealing that the ETP will be listed on SIX Swiss Exchange, Switzerland’s largest and Europe’s third-largest stock exchange. "This is almost unheard of for a meme coin," they added.
Here’s the kicker: Meme coins aren’t just about the hype. According to CoinGecko, the meme coin sector was the second-best-performing crypto niche in 2024, boasting an average annual return of 2,185%, right behind the AI sector.
Floki fans, it looks like your favorite meme coin is gearing up for a serious spotlight. Could this be the start of a new era for meme coins in traditional finance? 🌐🚀#Floki🔥🔥 #ETF #DAO #nam
Floki DAO, the decentralized autonomous organization managing the meme coin Floki, just made a major move. They unanimously approved funding to support the launch of a Floki-based Exchange-Traded Product (ETP), slated for Q1 2025.
According to a report by Cointelegraph, the DAO decided to allocate a portion of the 16.3 billion Floki tokens held in their community buyback wallet to provide liquidity for this upcoming ETP. The goal? To give traditional European investors easy access to Floki through regulated financial markets.
Currently ranked 66th by market cap on CoinMarketCap, Floki’s leap into the ETP space marks a bold step toward legitimacy for community-driven meme coins. A Floki spokesperson emphasized the significance, revealing that the ETP will be listed on SIX Swiss Exchange, Switzerland’s largest and Europe’s third-largest stock exchange. "This is almost unheard of for a meme coin," they added.
Here’s the kicker: Meme coins aren’t just about the hype. According to CoinGecko, the meme coin sector was the second-best-performing crypto niche in 2024, boasting an average annual return of 2,185%, right behind the AI sector.
Floki fans, it looks like your favorite meme coin is gearing up for a serious spotlight. Could this be the start of a new era for meme coins in traditional finance? 🌐🚀#Floki🔥🔥 #ETF #DAO #nam
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<4> Single income, only salary, no other income!
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<1> Don't keep accounts, don't take it seriously!
<2> Don't have the habit of saving money, spend casually, even overdraw credit!
<3> Impulsive consumption, buy things that you won't use for a long time!
<4> Single income, only salary, no other income!
How many do you have? What else do you know, tell me!
$BTC $ORDI $1000SATS
#web3钱包
#nam
#ORDI
#sats
##ETH