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Cryptocurrency News Articles
Flockerz ($FLOCK) Raises $8.9M in Presale as Utility Meme Coins Gain Traction
Jan 06, 2025 at 07:15 pm
Flockerz ($FLOCK) is a one-of-a-kind meme coin because it introduces the Vote-to-Earn mechanism. If you're familiar with the Play-to-Earn concept, this is similar.
After falling below $3.3K before Christmas, the second-highest-valued cryptocurrency is making a comeback. It currently trades at $3,647, up 6.9% in the last week.
If bullish momentum continues, $ETH could settle above $3.7K, a key resistance level. With Bitcoin aiming for $100K again, Ethereum might be looking to break $4K, which bodes well for meme coins, especially ERC-20 tokens.
Dogecoin is up 19% in the last week, and Pepe and Shiba Inu have shot up by 10%. The market hovered at $109B in 24-hour trading volume, with Ethereum accounting for 11.9% of the global crypto market.
But there’s another factor that could further push crypto.
Korea’s Jeju Island to Introduce NFT Tourist CardsInnovation and utility are two things that can’t be separated from crypto; they single-handedly drive adoption and investor interest and put crypto on the map.
Recently, Korea’s Jeju Island (a tourist hotspot) announced that it will begin trialing NFT tourist cards in Q3 and Q4 2025 to attract the youth. Visitors will receive various benefits like travel subsidies and discounts, which will be encoded in the blockchain for added security.
The utility of NFT tourist cards can’t be underestimated, either. It’s the perfect blend of practicality, accessibility, and crypto magic.
Jeju Island is one of the most forward-thinking countries in terms of crypto adoption; in March 2024, officials were discussing how to integrate blockchain and NFTs into the country’s economy.
Due to this approach, the number of South Korean crypto users jumped by 610K in November 2024 to $15.6M. About 30% of South Korea’s population is crypto-savvy, which is mind-boggling.
This move should positively impact the crypto market, especially utility-based meme coins that innovate the industry – like Flockerz.
First Vote-to-Earn Meme Coin Raises $8.9M in PresaleFlockerz ($FLOCK) is a unique meme coin because it introduces the Vote-to-Earn mechanism. If you’re familiar with the Play-to-Earn concept, this is similar.
$FLOCK holders can earn passive $FLOCK rewards by participating in the ecosystem’s DAO and voting on key decisions.
Dubbing itself as ‘the future of decentralization’ and ‘the people’s meme coin,’ Flockerz has raised $8.9M in presale, with a token price of $0.0066351.
Traders have also staked over 586M $FLOCK tokens with a 307% staking APY. The promising long-term rewards are partly why Flockerz is receiving so much attention.
The project’s smart contract was also audited by SolidProof and Coinsult, and no risks were identified.
Read $FLOCK’s whitepaper and stay tuned to its X channel for the latest information about its development.
Utility Coins Are Carving Out a Niche, and It’s Good. Very GoodDo you know what the crypto industry needs more than anything else? Crypto projects that innovate and bring something useful to the table.
Our research shows that Flockerz is just that. Investors are already flocking to this presale, and we estimate it’ll pass the $9M presale raise today.
As usual, do your own research about projects you choose to invest in, as volatility is very high in the industry, and not all meme coins make the cut.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- #LRC/USDT LONG signal
- Jan 08, 2025 at 07:10 am
- as you can see lrc coin created a huge bullish pattern it's called ascending triangle. now lrc holding huge volume profile support zone and ascending triangle support line. It's a huge buying opportunity for spot. after breakout this bullish pattern it will touch technically .29 as you can see in longer timeframe lrc coin created a huge bull flag now that bull flag broken. so that we can buy some coin in our spot wallet. in longer timeframe btc dominance is bearish because btc dominance also breaks it's bull flag support line. that's why lrc coin is bullish usdt dominance in longer timeframe bearish because after a huge dump usdt.d created head and shoulder pattern so that I am bearish on usdt.d. when usdt.d will dump crypto market will pump hard negative correlation.
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- Catzilla ($CATZILLA): The Meme Coin Poised to Outperform Dogecoin and Shiba Inu
- Jan 08, 2025 at 07:06 am
- With the crypto market surging, many are seeking the next standout investment. An innovative project on the Solana network is making waves, hinting at the possibility of outperforming well-known meme coins like Dogecoin and Shiba Inu. This rising star could be set for remarkable growth, attracting interest from those ready to seize the moment.
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- Cryptocurrency Market Developments: VanEck Issues Cautionary Note on Hyperliquid, Czech National Bank Considers Bitcoin Integration, and Michael Barr Announces Resignation from the U.S. Federal Reserve
- Jan 08, 2025 at 07:05 am
- In today's developments within the cryptocurrency sphere, several significant events unfolded.