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Flockerz, a meme coin with its unique vote-to-earn perks, is now considered by publications such as FinanceFeeds and others as the best new cryptocurrency to invest in. Currently available on presale, the project has managed to raise $11 million to date.
Only two more days remain for this project to stay as an ICO, as listing will happen this week. Whales have already taken action, and one of them has already bought 68.5 ETH worth of FLOCK tokens in an effort to grab those last minute gains. Will this new crypto explode once it lands on centralized and decentralized exchanges?
Meme Coins Continue to be Strong Investment Despite Market Volatility
Donald Trump’s recent efforts to strengthen the crypto ecosystem have bolstered support for Bitcoin, and the world’s biggest cryptocurrency has managed to break past the $100K barrier. However, a closer inspection of the price charts shows that the market is still very volatile, with strong bull and bear pull keeping the market exciting.
Despite these market conditions, people haven’t been deterred from investing in meme coins. The cumulative market capitalization of meme coins is now $111 billion, bolstered by the arrival of the Official Trump Meme Coin, which quickly moved up to grab the second spot in the top meme coin lists. Even Melanie Meme has made a profound impact, despite only arriving recently.
Since these tokens show immense action after going live, investors are looking at meme coin presales to possibly make a similar level of gains.
Needless to say, the meme coin narrative is a strong one, making Flockerz the next best choice that investors are seeking.
What is Flockerz?
Flockerz is a meme coin project that carries with it unique hen-themed imagery, blending comedy with actual utility. The imagery of quirky hens engaging in shenanigans throughout the official website makes it an appealing crypto investment for short-term gains. However, the utility has added another level of versatility to what could otherwise be a standard DAO project.
The official website highlights the project as a revolutionary vote-to-earn platform, giving the community complete control over the meme coin economy. A deeper look at its whitepaper shows it discussing the current state of meme coins.
Despite being marketed as community-centric assets, most meme coins continue to have a single leader, leaving retail investors on the sidelines, with only a select few holding control over how the meme coin market moves.
To counter this, Flockerz claims that it has created a decentralized autonomous organization that will not only give the community the power to decide how the project evolves, but also rewards users for doing so.
The unique mechanic driving the Flockerz ecosystem is the Vote-and-Earn feature. It will allow users to participate in the Flockerz DAO to make important decisions and earn cryptocurrencies. While the type of decisions that users would take has not been highlighted in the official whitepaper or the roadmap, it is likely that more will be revealed once the presale concludes in two days.
Flockerz Tokenomics
The Flockerz tokenomics has been designed to ensure that the project reaches viral potential while also continuing to develop and expand into different niches.
20% of the total supply was allocated to the presale, allowing investors to make early gains. Additionally, 25% of the total supply is reserved for the FLOCK Vault, which rewards those who participate in the Flockerz DAO. Another 25% is allocated for token breeding, a term Flockerz uses for staking. Marketing efforts receive 20%, and the final 10% is set aside for liquidity on both centralized (CEX) and decentralized exchanges (DEX).
This structure aims to support the project’s growth and ensure active community participation and reward.
Is Fockerz the Best New Cryptocurrency to Invest in?
The trait of a meme coin lies in its viral potential and its ability to engage the community through conversation and entertaining memes. Flockerz has met these benchmarks. For instance, one of its latest tweets, in which it likened the crypto market to a field and Flocktopia as its most fertile style, garnered numerous likes and comments.
Another interesting aspect of Flockerz is its desire to tell a unique story. Its mechanics and origin flow directly from its lore. The story of King Birb, the king of Flocktopia who traded his crown for a propeller hat and embraced the degen ways to protect his kingdom, is captivating. Adding to the excitement is the way the story has been told, through a comic-book style. The style is minimalistic, but the appeal lies in its pictographic nature.
This shows that if developers are willing to put so much effort into the story, much more can be expected once the project is up and running and lands on a cryptocurrency exchange.
With vote-to-earn mechanics added into the mix, Flockerz could also hold value for long-term investors.
Aside from these internal factors, external market conditions also make Flockerz potentially a good buy. Bitcoin is on the rise, and Donald Trump’s new meme coin, TRUMP, has put the community’s focus squarely on the meme coin economy. Popular YouTuber ClayBro has cited this new US president as the reason Flockerz could potentially soar after launch.
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