According to Floki’s announcement, closed beta testing is currently running on Ethereum, BNB Chain (formerly Binance Smart Chain), and Coinbase’s Base blockchain mainnets. This test offers early access to 150 selected users and allows users to trade cryptocurrencies across different blockchains. One of the most notable features of the Floki trading bot is its fee structure. The bot charges a 1% fee on every transaction and uses half of this fee to buy and burn FLOKI tokens. The remaining 1% is transferred to the Floki Treasury. This mechanism aims to balance supply and demand and ensure that FLOKI tokens gain value in the long term.

Closed beta testing will continue for a period of two weeks. During this process, user feedback will be collected and any errors in the bot’s performance will be detected and fixed. Participants will be obliged to submit feedback reports, make a minimum of four transactions per week, and fill out a survey at the end of the beta test to contribute to the development of the bot. Those who successfully participate in these missions will receive rewards in their bot wallets at the end of the beta period. The nature and amount of the awards have not been announced yet.

It should be said that the closed beta test of the Floki trading bot is not the only reason behind the rise in FLOKI price. Other important factors may also have affected this increase. One of them is that Coinbase has added the FLOKI token to its rolling list of futures. This provides greater investor access to FLOKI and increases its liquidity. Another important factor is that the US Securities and Exchange Commission (SEC) has approved Ethereum ETFs. Since Floki operates on the Ethereum network, this validation strengthens the possibility that tokens like FLOKI, including other Ethereum-based meme coins (like PEPE, SHIB), will benefit in the long term.

The closed beta testing of the Floki trading bot demonstrates the project’s commitment to development and user benefit. This move supports FLOKI’s goal of becoming more than just a meme coin but an ecosystem that offers various benefits to cryptocurrency investors. Additionally, Coinbase’s listing and the SEC’s approval of Ethereum ETFs increases the potential to reach a broader investor base. However, although future price movements are difficult to predict, these developments can be considered as positive signals for the future of FLOKI. It is important to remember that the Mem coin market is volatile as always. It is important for investors to always do their own research and manage their risks well.