The Flockerz ($FLOCK) presale has started with a bang.
Capital is pouring in as traders are seeking exposure to the first meme coin DAO powered by “Vote-to-Earn.”
Imagine getting paid to shape the future of a cryptocurrency project. It’s a concept that underlines the vast potential of distributed blockchain technology. And it’s exactly what Flockerz is creating.
Flockerz presale raises $350K, but traders pressed to secure the best price
Time is of the essence in the Flockerz presale, with the price incrementally increasing in each round.
The current price is $0.0056785, but this will be significantly higher by the end of the presale.
Per its website, the next price hike will occur in two days.
That’s partly why the presale is off to such a strong start, already raising $350K.
Buyers can also stake their presale investment for further gains. The current staking APY is 7,018%.
So far, 25 million $FLOCK have been staked. However, the staking APY will decrease as the staking pool grows.
The Flockerz presale incentivizes early adopters with lower prices and most lucrative rewards. However, that’s not the only reason people are buying.
The bird-themed meme coin that gives the whole flock a voice
It’s easy to get caught up in the chaos of PvP meme coins.
However, taking a step back, it becomes clear that many of these projects do not adhere to crypto’s primary tenet: decentralization.
Many meme coins are controlled by a single team, who decide if, when, how, and why project development should take place.
It’s not a good strategy because things often go wrong.
Pepe is a perfect example, with team members running away with $15 million from the community kitty back in August 2023.
So what do we do about this? The answer is community-led meme coins.
And thanks to blockchain technology, there is a clear pathway to facilitate it.
Through on-chain polling, token holders can vote on matters relating to a project’s future. This often concerns how the project’s treasury fund is spent, but it can also involve changes to the project’s code or could even include giving a project a rebranding.
This concept is known as a “decentralized autonomous organization,” or DAO for short.
Flockerz will be controlled by a DAO, but it also introduces something never seen before: Vote-to-Earn.
Not only will Flockerz holders get to shape the future of their meme coin, but they’ll also get paid for doing it.
A portion of the Flockerz supply will be earmarked for Vote-to-Earn rewards and distributed to users who vote.
It’s a concept that strategically encourages ecosystem participation while aligning user incentives with the project’s success.
Prominent analyst Jacob Bury says Flockerz could go “parabolic”
Jacob Bury is a renowned crypto trader who recently analyzed Flockerz on the 99Bitcoins YouTube channel.
The channel has over 700K subscribers, providing the new meme coin with mainstream exposure.
And Bury shined a very positive light.
He started by saying that it has 100x potential and could go “parabolic.”
“It could be one of those coins that could go viral,” he continued.
The analyst pointed to another animal-themed meme coin, MOODENG, which recently did a 10,000x.
“These animal-themed meme coins are actually doing well at the moment, and FlockTopia offers true decentralization and is also a DAO for its community.”
In the video, Bury even speculated up to 1,000x gains are on the table.
And he’s not the only one who’s excited.
Analyst Ebenzer recently covered Flockerz in a thread on X, which comprised meme coins that could explode in Q4.
Other notable names on the list included Neiro, Turbo, and Dogecoin, all of which have market caps tremendously higher than $FLOCK.
While traders get caught up in the PvP meme coin environment, Flockerz reinstills the sector’s core values: community and decentralization.
Stay updated on the project’s latest developments by following it on X or joining its Telegram. Alternatively, visit its website to buy and stake tokens.