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Cryptocurrency News Articles

PNUT and FLOCK Meme Coins Skyrocketed by Thousands of Percent, Inspired by Squirrels and Birds

Nov 17, 2024 at 11:34 pm

Peanut The Squirrel (PNUT) is a new meme coin that only emerged a few weeks ago, inspired by an actual squirrel called Peanut which went viral on

PNUT and FLOCK Meme Coins Skyrocketed by Thousands of Percent, Inspired by Squirrels and Birds

Peanut The Squirrel (PNUT) is a new meme coin that emerged only a few weeks ago, inspired by an actual squirrel called Peanut which went viral on the internet around that time. Since then, the project became the top performer of the meme coin sector multiple times, and especially on November 13, when it skyrocketed by over 240% in a day.

The token’s price skyrocketed following its listing on HTX exchange, which was announced yesterday, November 12.

https://x.com/HTX_Global/status/1856234832876986839

However, this price rally comes as only the latest surge that the project has seen in the last 10 days since its launch. In total, its price skyrocketed by $2,813% between November 4 and 13, going from $0.05217 to the current $1.57.

A good part of it was due to the post-election rally that sent Bitcoin to $90k per coin, while the altcoin market — and especially the meme coin sector — followed after it. Nevertheless, PNUT’s price also skyrocketed on its own thanks to numerous listings and massive popularity and support that came after the squirrel’s passing.

The project’s community vowed to never forget, and the token’s price action mirrors that pledge. Interestingly, however, PNUT is not the only meme coin project that attracted massive popularity lately. Another one is Flockerz (FLOCK) — a bird-based meme coin that emerged with a strong focus on community building.

JOIN THE FLOCK ICO, EARN REWARDS THROUGH VOTING, AND STAKE FOR MORE REWARDS

Flockerz Has A Plan To Ensure Continuous Community Participation

Flockerz is a new meme coin, currently still in its ICO stage, which developed a new model called Vote-To-Earn (V2E). Inspired by Play-To-Earn (P2E) and similar models, Flockerz invented a mechanic that would ensure continuous community participation in project governance.

The model’s name is rather self-explanatory, but the basic idea is that the project will reward its token-holders each time when they vote on some matter that needs the community to chime in and share its opinion. In other words, whenever there is a decision to be made, your vote will count, and more than that, you will be rewarded with FLOCK tokens for voting.

This is Flockerz’s way of ensuring that its community will keep coming back and sharing its opinion on various issues, instead of eventually getting bored and leaving the project in the hands of a small minority, which could result in the project’s centralization.

BUY FLOCK TOKENS BEFORE THEIR PRICE SKYROCKETS

What’s more, obtaining as many FLOCK tokens as possible and then staking them can result in massive rewards, currently at 1109%, so your money will continue making money even after you lock it up. The project already attracted thousands of investors, and it raised over $1.68 million since its ICO went live. You can join too, and buy FLOCK for only $0.0060049 apiece using ETH, USDT, BNB, or your credit/debit card.

News source:disruptafrica.com

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Other articles published on Nov 18, 2024