The meme coin market is reaching new heights, but there’s a major issue. Too many projects are led by self-appointed, centralized teams.
A prominent analyst has found a solution in a new project called Flockerz ($FLOCK).
It’s currently undergoing a presale, where it has raised $1 million so far.
Flockerz presale continues to gather pace as its raise passes $1 million
Flockerz wasted no time getting started, hitting a $1 million raise despite its presale only launching this month.
Investors are getting in early on what could be crypto’s leading decentralized meme coin.
Participating in the presale grants them a discounted price, but it’ll gradually get higher as the ICO advances. The current price is $0.0058394, but this will rise in two days.
Presale investors can also stake their tokens to generate more rewards.
Currently, presale staking offers a 1,700% APY, but this will fall as the staking pool becomes more diluted.
Getting in early has major advantages in the Flockerz presale.
The project is also causing a buzz on social media, with 2,600 people following its X account and 1,500 on its Telegram channel. These are the project’s community hubs where all announcements and updates will be first revealed.
Amid rising investor interest, Flockerz is also accumulating support from leading industry analysts. TodayTrader says Flockerz could be a project with “easy 10x potential.”
“I’ve been watching this for a while and this is the next coin that I think is going to do amazing things,” said the analyst.
“The fact that they’ve raised $1 million so quickly opened my eyes to the potential,” he said.
The analyst even suspects it could be the next meme coin to “go to the moon,” a term popularized on Dogecoin’s ascent to a $70 billion market cap in 2021.
Cabal coins, self-appointed teams, and scams: Flockerz fixes the meme coin industry’s biggest downfalls
The meme coin market is growing exponentially – but this allows fraudulent and bad-intentioned projects to slip through the net.
“Cabal coins” and even many respected meme coins have major flaws in terms of centralized control.
A cabal coin is one where a group of whales control the majority of the supply, often from clusters of wallets, to avoid arousing suspicion. They’ll act in confluence to artificially pump up the price and then sell to late buyers at a huge profit.
new cabal coin is mew fyi, big accounts shilling it in sneaky indirect ways
it’s all so tiresome https://t.co/QxcoOXvbcZ
— Psycho (@AltcoinPsycho) July 23, 2024
Meanwhile, even some of the most respected meme coins have proved they’re not free of the negative effects of centralization.
For instance, back in 2023, Pepe team members stole $15 million from the project’s treasury.
And this problem is only becoming more pronounced as the meme coin market grows, making it easy for questionable projects to go undetected.
Yet, Flockerz has the answer – and it’s why everyone is investing in its presale.
Their presale launch ensures a fair and decentralized token distribution, with everyday investors all having an equal chance to buy from the start.
But that’s only part of the story. Flockerz’s main draw is its “Vote-to-Earn” decentralized autonomous organization (DAO).
In an industry-first, $FLOCK holders will be able to vote on every decision relating to the project’s future, and they’ll even be paid for it.
Flockerz claims to be truly decentralized, embodying cutting-edge governance techniques. It lays a blueprint for crypto governance, aligning community incentives with the project’s success.
The Flockerz presale
Investors can participate in the Flockerz presale today and secure the best price.
The presale accepts payments in ETH, BNB, USDT, and bank cards. To participate, investors need to visit the project’s website, connect their wallet, and choose the amount of $FLOCK they want to buy and the crypto they want to pay with.
Flockerz has also received smart contract audits from Coinsult and Solid Proof, proving its safety and security.
Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotato’s full disclaimer.
The post Meme Crypto Analyst Says Flockerz Could ‘Go To The Moon’ As Its Token Presale Raises $1 Million appeared first on CryptoPotato.
