FLock lands on major exchanges in South Korea, with the project party staking millions of tokens to demonstrate long-term confidence
The South Korean cryptocurrency market has reached an important moment — the leading decentralized AI project FLock has officially landed on the two major exchanges, Upbit and Bithumb. On its first day of listing, after the announcement of its launch in Korea, FLock's price surged by 70%, and the market response was enthusiastic. More noteworthy is that the Flock Foundation simultaneously announced the staking of 10 million FLOCK tokens, with a lock-up period of 365 days. This move is equivalent to the project party actively implementing a one-year lock-up, directly conveying a firm belief in long-term value to the market.
Currently, FLock has become the lowest market capitalization asset in the KRW trading zones of Upbit and Bithumb, indicating its potential growth space is significantly higher than that of other projects in the same track. Meanwhile, community participation continues to rise: the staking volume on the gmFLock platform has exceeded 40 million tokens, accounting for more than 21% of the total circulating supply of FLOCK, with an average staking period of 268 days (the upper limit is 365 days), reflecting holders' high recognition of the project's development. For miners and large holders, this is also a significant positive.