FLOKI’s price surged 14% on May 28 after the announcement of the Floki trading bot’s closed beta launch on Telegram. The bot supports Ethereum, BNB Chain, and Coinbase’s Base blockchain, offering early access to 150 users.
Participants must trade at least four times a week and provide feedback. This multi-chain bot charges a 1% fee per trade, with half used to buy and burn FLOKI tokens, boosting their utility and value. The closed beta is set to last two weeks, aiming to enhance the bot’s performance through user feedback.
Additional factors, like Coinbase adding FLOKI to its perpetual futures list and the SEC’s approval of Ethereum ETFs, may have also contributed to the price increase. These developments highlight the growing influence and strategic importance of FLOKI in the crypto market.
