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Cryptocurrency News Articles
Flockerz V2E Mechanism Could Change How Investors Approach New Projects
Jan 21, 2025 at 04:25 am
Meme tokens comprised the standout category in terms of performance last year, reaching a market capitalization as high as $137 billion.
Just two days after Donald Trump launched his meme coin, a new Solana-based meme token has been unveiled and has already surged more than 1,000%.
Both MELANIA and Trump’s token are capitalising on the buzz surrounding Trump’s inauguration on Monday, January 20, with both coins riding a wave of excitement for the incoming president.
Yet neither TRUMP nor MELANIA are the only new meme tokens making waves today, with the market’s first vote-to-earn meme coin Flockerz ($FLOCK) also attracting lots of excitement.
It has now entered the final 48 hours of its sale, having raised more than $11.3 million since opening its offering late last year.
Given the interest it has already attracted, $FLOCK could rally once it lists on exchanges later this year, eclipsing the prices at which it sold during its sale.
While tokens such as Dogecoin and Shiba Inu gave birth to the meme coin craze, Flockerz’s bullish fundamentals put it at the forefront of a new generation of exciting tokens.
Its vote-to-earn mechanism will help incentivize strong engagement once it launches, helping to boost its price massively in the coming weeks and months.
Indeed, it could match or even surpass the historical performance of coins such as Dogecoin, which is up by more than 430,000% from its recorded all-time low.
New Forms of Governance Are Essential for a New Era of Crypto
Meme tokens comprised the standout category in terms of performance last year, reaching a market capitalization as high as $137 billion.
Not far behind meme coins were AI-based tokens, with the artificial intelligence sub-sector really expanding in 2024.
The most prominent examples of such coins are Near Protocol ($NEAR), Internet Computer ($ICP) and Render Token ($RENDER), with these three coins alone exceeding a market cap of $16 billion recently.
AI Agents could be crypto’s next 100B meta ($17B now)
We’ve seen NFTs top 100B, DeFi 200B, Meme 130B
We might witness this again: 100x’s are on the table
🧵: Here’re 6 sub-100m coins that will run in Q1 pic.twitter.com/41gf2T438I
— Xremlin (@0x_gremlin) January 4, 2025
Many analysts and traders expect AI to be the next big thing in crypto, with prominent influencer Xremlin predicting that AI agents could rise to have a market cap of $100 billion soon enough.
Of course, other experts also expect meme tokens to retain a strong presence, with popular investor Murad Mahmudov predicting that such coins will out-perform every other category this year.
Why Memecoins will Outperform Everything in 2025 pic.twitter.com/Jv038w7bLf
— Murad 💹🧲 (@MustStopMurad) October 26, 2024
But while such bullish predictions may excite investors, they need to be aware of the bad actors operating within both areas.
Crypto AI scams have proliferated in recent months, joining meme token scams in robbing retail investors of millions of dollars per year.
However, a potential solution to such pitfalls is emerging, with Flockerz devising a distributed form of governance that will put power in the hands of its entire community, as opposed to only a few creators.
Flockerz’s V2E Mechanism Could Change How Investors Approach New Projects
Flockerz is the first meme coin to introduce a vote-to-earn mechanism, enabling $FLOCK holders to vote on key decisions.
The coin’s community will vote on such things as protocol upgrades, budget changes and partnerships.
By participating in such votes, $FLOCK holders will earn additional tokens, something which will incentivize their engagement with the project and help attract new community members.
And when it comes to avoiding scams, Flockerz’s V2E mechanism gives control of the project to its entire community of holders, rather than a single entity.
This creates a more decentralized means of governance, with greater numbers reducing the likelihood of bad actors taking control.
Are we talking to ourselves here?! 🐦
With $FLOCK you can vote AND earn 🔥🚀 pic.twitter.com/1o6AKYL0QT
— Flockerz (@FlockerzToken) January 5, 2025
And if Flockerz proves a hit, its V2E mechanism could become a big desirable for investors looking to invest in other projects, and to make sure their money is placed wisely.
In such a scenario, Flockerz would gain respect as the pioneer of vote-to-earn mechanisms, potentially making
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