Floki’s (CRYPTO: FLOKI) proposal to launch a Floki Exchange-Traded Product (ETP) has prompted traders to predict bullish price action.

Trader Notes: Crypto trader Javon Marks highlighted that FLOKI is showing bullish momentum near a critical resistance level of $0.0002761.

A breakout could result in a 50% upward move, with a possible rally to $0.0005467—marking a +200% upside from current levels.

Another trader, Inmortal, emphasized that Floki stands out among meme coins due to its active development, suggesting it is “ready to lead the next leg up.”

Meanwhile, TheCryptoBull speculated that Floki's ETP launch might set the stage for further ETF discussions in 2025.

Community News: In a proposal from Dec. 25, Floki has announced plans to launch an ETP in partnership with an asset manager and ETP issuer.

This move positions Floki as the second meme coin, after Dogecoin (CRYPTO: DOGE), to offer a live ETP.

The proposed product is slated for listing on the SIX Swiss Exchange, Switzerland's largest stock exchange, in early Q1 2025.

Unlike Dogecoin's ETP, which is listed on Sweden's Spotlight Stock Market, Floki's debut on the SIX Swiss Exchange is seen as a significant step up in credibility and appeal.

To fund the ETP’s launch, the Floki team has proposed a DAO vote to allocate liquidity.

Of the 16.3 billion FLOKI tokens held in a designated wallet, a portion will be used for ETP liquidity, while the rest will be burned upon the ETP’s launch.

The Floki team's ETP aims to make the cryptocurrency accessible to institutional and retail investors in a secure and regulated manner.

The initiative is designed to bridge the gap between traditional finance (TradFi) and crypto markets, offering a transparent vehicle for holding FLOKI.

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