– FLOKI price rises 25% to $0.00011, market cap over $1 billion – New derivatives product launch boosts regulated FLOKI exposure in Europe – Valour Floki SEK ETP secures first BNB Chain project listing besides BNB – FLOKI trading volume increases 425.5%, hitting $517 million – BNB hits all-time high of $1,185, lifting ecosystem projects like FLOKI – Pancake Swap and FLOKI gain 25% and 30% respectively during BNB season – Aster and Plasma join FLOKI as top trending BNB Chain tokens – Maxi Doge presale raises $2.7 million amid FLOKI rally – FLOKI’s rise reflects potential impact of altcoin ETF verdicts on meme tokens
FLOKI experienced a 25% price increase on October 4, reaching $0.00011 and elevating its market capitalization above $1 billion for the first time since March.
- The surge followed the launch of a new derivatives product offering regulated exposure to FLOKI in Europe.
- Valour introduced the Floki SEK ETP, marking FLOKI as the first BNB Chain token beyond BNB itself to secure a regulated listing.
- This allows European investors direct access to FLOKI via brokers like Avanza, bypassing the need for crypto wallets.
FLOKI's rally aligns with similar movements in other cryptocurrencies after ETF-related news.
- Trading volume increased by 425.5% to $517 million, indicating strong buying interest.
BNB Ecosystem Influence
- BNB's 20% weekly gain to an all-time high of $1,185 positively impacted the BNB chain ecosystem.
- Pancake Swap (CAKE) and FLOKI saw notable gains of 25% and 30%, respectively.
- New projects Aster and Plasma also trended, posting daily gains of 6% and 5%.
BNB's support above $1,100 is crucial for maintaining momentum in ecosystem projects.
Maxi Doge Presale Update
- FLOKI's rally has spurred interest in meme tokens like Maxi Doge (MAXI).
- Maxi Doge presale raised over $2.7 million, nearing its $3 million target.
- The current presale price is $0.00026.
