Digital currencies performed well on Monday as Bitcoin crossed $120K for the first time . Altcoins joined the upside as BTC touched intraday highs above $123K. The bullish momentum emerges as the markets await transformative policies during the “Crypto Week.” Notably, the House of Representatives will vote on the GENIUS Act , CLARITY Act, and anti-CBDC bills this week. Meanwhile, FLOKI has led the legislative movement by becoming the first token to have a MiCA-compliant white paper registered with ESMA (European Securities & Markets Authority). Notably, Europe’s licensed crypto exchange, LCX, submitted the white paper via its National Competent Authority (NCA). FLOKI @RealFlokiInu · Follow Floki Makes History by Becoming the First Token With a MiCAR-compliant White Paper Officially Registered with the ESMAWe’re VERY PROUD to announce that $FLOKI is now the first crypto token in history to have a MiCAR-compliant White Paper officially registered with the European 2:20 pm · 14 Jul 2025 515 Reply Copy link Read 61 replies The move is part of the “admission to trading.” LCX explains admission to trading as: The process which a crypto-asset has to undergo before listing and trading on a regulated Crypto Exchange pursuant to MiCAR. This requires the submission, notification, and registration of a Whitepaper via the issuer’s National Competent Authority (NCA), which then notifies ESMA. Regulated platforms in the European Union regions will only list digital currencies that complete this procedure. The landmark development sparked bullish sentiments around the dog-themed cryptocurrency. Floki Inu’s native coin trades at $0.00009911 after soaring more than 3% in the past 24 hours. It recently bounced from the crucial support at $0.000085, hinting at extended gains. FLOKI bulls target the resistance at $0.00016, which means a 38.06% increase from the current price. Moreover, the latest regulatory approval cements Floki Inu’s status from a viral meme to a top player in the changing crypto regulatory landscape. Why compliance is vital for Floki’s future Floki’s adherence to Markets in Crypto-Assets Regulation (MiCAR) represents a key breakthrough as the crypto world shifts to more structured regulatory frameworks. The development signals transparency, legitimacy, and Floki Inu’s long-term goals of becoming a top financial vehicle. Like most themed tokens, Floki relies on social buzz and its meme status. However, securing MiCAR credit showcases a lucrative pivot into global recognition and real-world use cases. FLOKI’s team commented on the regulatory milestone, stating: At a time when regulatory compliance is becoming the benchmark for legitimacy in crypto, Floki is setting the standard. Not just as a top memecoin but as a fully-fledged crypto project with global ambitions, real-world utility, and long-term vision. FLOKI price outlook The meme cryptocurrency hovers at $0.00009911 with a bullish structure hinting at continued gains. Chart by CoinMarketCap Broad-based crypto rallies and the Valhalla optimism will support FLOKI’s bullish trajectory. Overcoming the resistance at $0.00012 would open the path to the target at $0.00016. That would mean an approximately 38% upsurge from Floki’s market price. Meanwhile, broad market sentiments will influence FLOKI’s short-term performance. Bitcoin exhibits a bullish trajectory as it targets the $127,000 region. The post FLOKI's momentum boosted as Floki Inu secures landmark EU regulatory win appeared first on Invezz
