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Bitrue announced the listing of the Flying Tesla Roadster (FTR), a Solana-based meme coin inspired by the Tesla Roadster and Elon Musk themes, following a spike in trading activity and a market capitalization reaching approximately $4 million. The token’s recent surge coincided with news related to Tesla’s new vehicle concepts, although FTR remains a speculative asset with no confirmed affiliation to Tesla, SpaceX, or Elon Musk.
Bitrue listed the Flying Tesla Roadster (FTR) token, a Solana-based meme coin inspired by Tesla vehicle concepts and Elon Musk narratives, after observing a significant increase in trading activity. According to Bitrue’s official information, FTR’s market capitalization reached approximately $3.9 million as of October 16, 2026, with extreme price volatility, rapid price swings, and a 24-hour gain of over 2,000% noted; the coin is described as speculative and not officially connected to Tesla, SpaceX, or Elon Musk.
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Bitrue, operated by Innovations Technologies Limitada, provides access to trading over 160 cryptocurrency pairs, including major coins such as Bitcoin, Ethereum, Tether, and Ripple, as well as the proprietary BTR token. The platform features TradingView charts, cold wallet storage of client funds, multi-level account security with two-factor authentication and PIN, and supports copy trading and passive income solutions. For more detailed information, visit the broker profile on Traders Union.
For context, the previous Bitrue update highlighted the launch of a staking program for the $PONS token, offering daily rewards without a lock-up period. Read more details in the previous Bitrue update on Traders Union.