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FLOKI's gains coincide with the launch of its tokenization platform, TokenFi, but is the rally sustainable? Bitcoin's (BTC) rise to as high as $35,000 this week has also lifted a number of memecoins , including Floki (FLOKI), which has beaten its top rivals in percentage gains. FLOKI price up 140% amid Bitcoin ETF hype, TokenFi launch As of Oct. 27, FLOKI had surged over 140% to $0.00004261, its highest level in five months. The memecoin, known for its controversial marketing tactics, started rallying after New York-based Grayscale Investments filed for a new spot Bitcoin exchange-traded fund (ETF) on NYSE Arca, as shown below. FLOKI/USD daily price chart. Source: TradingView Looking at the past 24 hours, FLOKI's gains have picked an additional boost from the launch of its tokenization platform, TokenFi, with its own native token, TOKEN, on Oct. 27. Notably, users will be allowed to stake their FLOKI holdings to receive TOKEN. $FLOKI is launching staking and a new tokeniz...

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Also Read: Bitcoin , Ethereum Price Rises As US CPI Inflation Cools To 4.9% advertisement On Wednesday, the Bitcoin price saw positive momentum as it went past $28,000 mark following the US CPI data. For the month of April 2023, the annual US Consumer Price Index (CPI) inflation came in at 4.9%, lower than the 5% expected figure. Whereas PEPE, with a 103% rise over the last 7 days, has been witnessing sideways pattern since its Binance listing. Robinhood PEPE Coin Listing Soon? In terms of asset listing of PEPE, the two major platforms that are yet to take the initiative are Robinhood and Coinbase. Popular influencers in the Crypto Market are speculating on the prospect of Robinhood listing the Memecoin next. #Robinhood Should List $PEPE Next. Trending Stories Is Pepecoin Craze Over or it's Just a Pullback Before the Next Bull Rally? 24/7 Cryptocurrency News MATIC Price Analysis: Polygon Price Losin...