The post New Meme Coin Flockerz Raises $3.3M in Presale as Analyst Tips 10X Gains appeared first on Coinpedia Fintech News
We’re in the middle innings of a meme coin season right now, and analysts are backing Flockerz ($FLOCK) as the next low-cap homerun.
The project is undergoing a presale where it has raised $3.3 million so far, drawing attention with its first-in-class “Vote-to-Earn” decentralized autonomous organization.
The total crypto market cap is down 1.6% today, but several new meme coins, such as Dasha, MAD, and Chill Guy, have still notched impressive gains.
Investors hope Flockerz will be the next meme coin to outpace the market once it lists on exchanges.
Flockerz sets pace with Vote-to-Earn mechanism
Unlike other meme coins – Flockerz doesn’t just rely on a quirky animal mascot – although it has that as well.
It separates itself through innovative and tangible utility.
The team is creating FlockTopia, a decentralized autonomous organization that comprises all $FLOCK holders. They’ll all get to vote on decisions relating to the project’s future.
Once FlockTopia launches, the team takes a back seat, and $FLOCK holders will drive the project forward, deciding all matters from microchanges to how to spend the project’s treasury, which accounts for 25% of $FLOCK’s total supply.
And investors are paying close attention because they’ll even get paid for participating. This is where the term “Vote-to-Earn” comes from.
Users will be rewarded with $FLOCK tokens for voting in FlockTopia.
This creates a strategic alignment between the project’s success and user incentives.
If they make good decisions, the value of their rewards will increase. On that merit, FlockTopia members are incentivized to take actions that best serve the project’s sustained success.
They’re also incorporating utility via staking. $FLOCK holders can lock their tokens in the project’s staking contract to earn passive rewards. Currently, staking rewards offer a 671% APY, but this will decrease as more tokens are deposited.
Staking rewards will continue being paid until August 2026.
Between voting rights and staking, there’s plenty of utility for $FLOCK.
Meme coins are known for their volatile price swings – they can rise faster than anything else but also witness devastating crashes in bearish periods.
Flockerz might be able to offset this downside volatility through its utilities, with holders economically incentivized to hold their tokens rather than sell.
Analyst says $FLOCK to 10X after exchange launch
The meme coin market continually provides massive opportunities for gains. For instance, Chill Guy launched last week, and one trader has already turned $21K into $2.24 million, marking a 128x gain.
In just 4 days, this trader made $2.68M, a 128x return!4 days ago, this trader spent $21K to buy 26M $CHILLGUY and then sold 23.8M $CHILLGUY for $2.24M, leaving 2.25M $CHILLGUY($459K). #CHILLGUYAddress:https://t.co/oTK7Jso81P pic.twitter.com/Pm9KJIRRxZ
— Lookonchain (@lookonchain) November 20, 2024
Yet, Flockerz is the first meme coin to introduce Vote-to-Earn utility and combine it with staking.
So it’s no surprise that traders also expect big gains for $FLOCK. Jacob Bury says it can 10x after the presale, underlining its innovative utilities as a reason why.
Other traders are eyeing gains closer to that provided by Chill Guy, with CryptoBoy saying it can 100x.
Despite being in its early stages, Flockerz is attracting attention from top industry analysts, which is a good sign for its future potential.
And retail investors are also taking note.
Flockerz presale cruises beyond $3.3M – 2 days until price increase
With over $3.3 million raised, Flockerz shows significant demand in its presale.
Investors are hurrying to buy as early as possible because the price will rise throughout the ICO.
The current price is $0.0061504, but the next uptick will occur in just over two days.
Those seeking the current early bird discount should act fast to not miss out.
Flockerz has been audited by Coinsult and Solid Proof. Neither found issues with the project’s code so there’s no need to worry about a scam or rull pull.
Stay updated on the project’s latest developments by following its X account or joining its Telegram community. Alternatively, visit its website to buy and stake tokens.
Visit Flockerz Presale