Flockerz ($FLOCK) Crosses $9M Raised Mark in Token Presale, Prepares for Exchange Listing

Ecosystem utilities such as a Vote-to-Earn decentralized autonomous organization (DAO) and a staking mechanism are driving bullish expectations.

Flockerz ($FLOCK), a new meme coin with a Vote-to-Earn DAO and staking mechanism, has raised over $9 million in its ongoing token presale.

The project is quickly gaining steam as investors anticipate a massive price increase once $FLOCK lists on exchanges. Here's a closer look at Flockerz and how its community reward mechanisms could benefit investors in the hyper-volatile meme coin market.

Flockerz ($FLOCK) is a new meme coin that has taken the crypto world by storm. In just two weeks, the project has managed to raise over $9 million in its token presale.

This is an impressive feat, especially considering that the project is still in its early stages of development.

To put things into perspective, Flockerz managed to raise more money in two weeks than most other meme coins do in an entire year.

So, what makes Flockerz so special? Well, for starters, the project is backed by a strong community of supporters.

These supporters are actively promoting the project on social media and encouraging others to join the Flockerz movement.

As a result of this grassroots effort, Flockerz is quickly becoming one of the most talked-about crypto projects out there.

Another thing that makes Flockerz stand out is its unique tokenomics. Of the total $FLOCK supply, 25% is allocated to the Vote-to-Earn initiative, while another 20% is allocated to early investors and the team.

Importantly, there will be a price increase over the next two weeks of the ICO. Currently, the price is $0.0066351 per $FLOCK token.

Now, let's take a closer look at how Flockerz’s community reward mechanisms could benefit investors in the hyper-volatile meme coin market.

One of the main ways that Flockerz is rewarding its community is through its Vote-to-Earn DAO. This DAO, known as FlockTopia, is responsible for making all decisions relating to the project's future.

By simply holding the $FLOCK token, holders will gain access to this DAO and be able to vote on upcoming proposals.

In a unique twist, users will be rewarded with additional tokens for participating in the voting process.

This is a clever way to keep the community engaged with the project and ensure that everyone has a say in its future.

In addition to the Vote-to-Earn DAO, Flockerz is also rewarding its community with a staking mechanism. This mechanism allows users to lock up their tokens and earn money without lifting a finger.

The staking mechanism is now live amidst the presale, and it currently offers an astronomical 298% APY.

So far, 603 million $FLOCK tokens have already been staked, and rewards are being paid at a rate of 684.93 $FLOCK per ETH block.

Based on these figures, the current staking APY is 298%, but this will decrease as more investors stake their tokens.

These community reward mechanisms are designed to help shield investors from the hyper-volatility of meme coin trading.

By generating passive rewards, investors could achieve a more stable portfolio balance and potentially offset any losses incurred from the inherent volatility of these tokens.

With Donald Trump set to officially become the next US president on 20 January, there are widespread talks of a “Trump rally” in the crypto market.

This is largely due to the fact that SEC chair and crypto boogeyman Gary Gensler will be resigning the same day Trump takes office, and his departure is expected to create a bullish environment for digital assets.

Interestingly, Flockerz is launching at the perfect time – just two days after Trump's inauguration.

The crypto market will have high volume, high volatility, and a lot of attention. For Flockerz, that's exactly the environment it needs to thrive.

In December, another utility-based meme coin presale, Pepe Unchained, soared 10x almost immediately after listing on exchanges, peaking at a $400 million market cap.

As Flockerz prepares for its exchange launch, some analysts believe it could go even further. For instance, ClayBro, an analyst with 134K YouTube subscribers, suggests it could surge 25 times higher than its presale price.

The project was also featured in a list of cryptocurrencies with 100x potential published by 99Bitcoins on Tuesday.

99Bitcoins is a major media outlet in the crypto industry, with over 700K subscribers on its YouTube channel.

This provides more exposure for $FLOCK, strengthening the case for a price explosion once it hits the open market.

As momentum ramps up, investors who have yet to buy $FLOCK at presale are running out of time.