Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Vote to Earn Meme Coin Flockerz Goes Viral – Best Crypto To Buy Now?
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A new viral meme coin is creating a strong buzz among potential investors, with some experts even labelling it as one of the best crypto to buy now.
Flockerz (FLOCK) is a high-utility token, seeking to establish itself as “the people’s meme coin” with features like vote-to-earn and DAO governance.
There is a strong FOMO among meme coin enthusiasts rushing to buy FLOCK at its discounted ICO prices. The presale is already approaching the $400k mark, indicating a strong demand for the project.
What Sets Flockerz Apart From Other Meme Coins?
Many a promising meme coin projects have been ruined by short-sighted decisions from a few individuals.
Even Binance co-founder Yi He commented on what makes a good meme. Talking about the recent First Neiro On Ethereum listing on Binance, she claimed that good meme coins should represent the ‘anti-Wall Street movement’ and be sufficiently decentralized.
The Flockerz meme coin is built around this exact principle. At its core is the Flocktopia DAO (Decentralized Autonomous Organization), which is made up entirely of FLOCK holders.
The Flocktopia DAO members will have the ability to decide the direction of the project with their votes, whether it is regarding new exchange listings, marketing initiatives or any key decision regarding the project’s long-term growth.
This isn’t all. While DAO governance isn’t a new concept, Flockerz is introducing a novel vote-to-earn feature, which has 25% of the entire token supply allocated to it. Investors will now be paid handsome monetary rewards for their votes. It’s not without any reason that some prominent investors are backing it as one of the best cryptos to buy now.
Similarly, the meme coin has its own staking protocol. Presale FLOCK buyers have already staked their meme coins and are currently earning an APY of well over 6000%. 25% of the token supply has also been reserved for staking rewards.
However, interested investors looking to take advantage of the high yields have no time to spare. The APY is designed to decrease as the meme coin grows in popularity and the staking pool increases in size.
Is FLOCK A Safe Investment?
Flockerz is a utility-driven meme coin that not only puts its holders in the driving seat but also offers them additional income streams.
However, the developer team hasn’t compromised with token security. The FLOCK smart contract has already been audited multiple times, with the audit reports available publicly on the project website.
The Coinsult audit did not find any vulnerabilities or centralization risks in the contract. They have explicitly established that the owner can’t mint new tokens or blacklist addresses. The audit report also states that the Flockerz contract doesn’t have any honeypot feature.
The Solid Proof audit has also confirmed these findings.
Furthermore, features like vote-to-earn and staking offer long-term value to token holders, which reduces the likelihood of a rug pull or pump-and-dump price action.
Finally, the project has active social media accounts – including X and Telegram accounts – through which investors can communicate with the developer team. Typically, these features are missing in scam projects.
Why Experts Are Calling Flockerz One Of The Best Cryptos To Buy Now?
Despite the broader market uncertainty, experts are confident that a parabolic crypto bull run is right around the corner.
Indeed, the global liquidity is surging and BlackRock is rapidly increasing its BTC holdings, both indicative of a coming up-only trend.
In such a scenario, low-cap meme coins like Flockerz are in high demand as investors hunt for 10x to 100x returns. Already, prominent crypto traders like ClayBro are calling FLOCK the next 100x crypto.
Considering that the Flockerz presale is still in its early stages, there is a high likelihood that it will launch in the midst of the bull run, making it one of the best cryptos to buy now.
Interested buyers can still acquire the meme coin at a highly discounted price using the over-the-counter widget on the presale website. They can swap ETH, USDT or BNB or simply use a bank card.
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Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice
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