Crypto Whales Purchase Drives Flockerz Beyond 16M in Presale Is it the Next 100x Meme Coin
Flockerz (FLOCK) is quickly establishing itself as one of the hottest low-cap commodities in the meme coin sector, with some even calling it the next 100x meme coin. Flockerz has caught the attention of whales. Just on Tuesday, a deep-pocketed investor swapped $54.1k worth of Ethereum for FLOCK.
With such strong whale interest, it is no surprise that its presale has already raised over $1.6 million in a few short weeks.
Why Is Flockerz In Such High Demand?
The demand for new meme coins is extremely high, especially following Donald Trump’s victory in last week’s US presidential election. The Federal Reserve’s continued quantitative easing and Binance’s meme coin listing spree have only added to the hype. During such a bull market euphoria, investors frantically search for low-cap gems that could deliver anywhere between 10x to 100x returns. Prominent crypto influencers believe Flockerz could be one such gem. For one, FLOCK introduces a unique narrative in the meme coin sector. Instead of the tired old dogs and cats, it is inspired by quirky chicken.
No matter where the wheel lands you’re always winning with the flock! Ready to take a spin? ?? pic.twitter.com/YY5Gt7dBa0— Flockerz (@FlockerzToken) November 4, 2024
However, its unique packaging pales in comparison to its utility-driven nature. The self-proclaimed “people’s meme coin” prioritizes community and decentralization above all else. It is rare for a new meme coin to feature full-fledged DAO governance. At the project’s core is the Flocktopia Decentralized Autonomous Organization (DAO), comprising all FLOCK token holders. The DAO members will have complete control over the direction of the project. Many high-potential meme coins have been ruined by the selfish actions of a few developers. However, all Flockerz holders will vote on all key issues associated with the meme coin, whether it is exchange listings, marketing initiatives, token burns, etc. The project is also introducing an innovative vote-to-earn platform to reward the holders for their votes. The more they vote, the more free $FLOCK coins they will accrue. Flockerz also has a native staking protocol, which rewards presale buyers for their early investments. As per the staking dashboard, FLOCK stakers are currently earning a reward rate of over 1100%.
With such attractive monetary perks on offer, it is no surprise that a few prominent crypto influencers are calling Flockerz the next 100x meme coin.
Is Flockerz A Candidate For Binance Listing?
Binance has been on a meme coin listing spree. In fact, it has been looking to onboard meme coins with low fully-diluted valuation (FDV). Projects like First Neiro On Ethereum, Moo Deng, Peanut The Squirrel and ACT had sub-$100 million valuations at the time of their Binance listing. For instance, ACT had a market cap of just $20 million at the time of its Binance spot listing.
The world’s leading crypto exchange claims to be prioritizing decentralization in meme coins above all else. It is therefore no surprise that Flockerz is drawing Binance and tier-1 listing rumours, owing to its DAO governance and vote-to-earn mechanism. Moreover, the new meme coin offers sound, community-centric tokenomics, with 70% of the token supply allocated towards investors – 20% to be distributed during the presale, 25% as staking rewards and 25% for the vote-to-earn payouts. The remaining 30% of the FLOCK tokens will also be utilized for the project’s growth, either for marketing or exchange listings. There is no separate allocation for the developer team or any private sale, which eliminates the risk of a rug-pull. Moreover, multiple security audits of the FLOCK smart contract did not find any vulnerabilities or centralization risks. The audit reports are available on the presale website. Consequently, even if a Binance listing does not pan out, it is likely that Flockerz will secure several Tier-1 listings, which bodes well for its upside potential.
FLOCK – The Next 100x Meme Coin?
Owing to its unique value proposition as well as the extreme bull market euphoria, experts are bullish on Flockerz. Prominent crypto influencer ClayBro with over 130k YouTube subscribers has called it the next 100x meme coin. Meanwhile, Jacob Bury has given a more conservative 10x projection.
If these projections pan out, early presale buyers will stand to reap the most benefits. However, the clock is ticking, considering the FLOCK price surges after every presale stage, with the next hike scheduled for 15th November. Interested buyers can visit the project’s website, use the over-the-counter widget and buy the meme coin with just a few clicks. Follow itsX and Telegram for more updates.
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