Tuesday 12 November 2024 – Flockerz ($FLOCK) has reached $1.5 million in its presale, as the meme coin market sees rapid growth, pushing the sector’s market cap to $111 billion on Tuesday.
Riding on Bitcoin’s ($BTC) impressive momentum, meme coins are thriving. Bitcoin, now nearing the $100,000 milestone, recently set a new high at $90,000.
Dogecoin ($DOGE) is also in the spotlight, jumping 35% today to $0.40, showing a 130% increase over the past week. Backed by Elon Musk, $DOGE aspires to become a widely accepted currency, with plans to introduce a community proposals mechanism.
However, Flockerz, known as the ‘People’s Meme Coin,’ might soon shift attention away from $DOGE by positioning itself as the first meme coin fully governed by its community.
With an innovative vote-to-earn (V2E) model, Flockerz offers a fresh approach, rewarding users with crypto for voting on key project decisions and engaging in governance activities.
Since its September launch, the Flockerz presale has picked up momentum, showing just how eager investors are for a project that puts community control first.
Investors can get in on the action for just $0.0060049 per token – a price that’s already attracting big players, like the whale who recently bought $53,000 worth of $FLOCK tokens.
Ethereum Transaction Hash (Txhash) Details | Etherscan
However, there are only three days left before the price increases to $0.0060289 per token.
Altcoin Season Starts Early as New Tokens Prepare for Explosive Growth
Bitcoin is inching closer to the $100,000 mark, briefly hitting $90,000 on Tuesday, while Dogecoin is eyeing a new all-time high, looking to surpass its $0.73 peak from four years ago. Over the weekend, Bitcoin broke through key resistance levels and continues its upward momentum.
The crypto market as a whole has reached a total market cap of $3.02 trillion, with $331 billion in trading volume over the past 24 hours.
Popular meme coins such as $DOGE and $PEPE are leading the way, being up more than 35% and 19.54% in the last 24 hours, respectively. $FLOKI also seems to be riding the wave, having risen by 18.15%.
Although the market is showing strong momentum, an official altcoin season hasn’t fully kicked off. Currently, just 37% of the top 50 meme coins are outperforming Bitcoin, well below the 75% threshold required for a complete altcoin season. This suggests there’s still considerable room for growth in the market.
Analysts like Stockmoney Lizards on X argue that despite its recent rally, the market has yet to reach its peak. Using technical indicators like the RSI and a rising wedge formation on the total crypto market cap, Stockmoney Lizards predicts that the true peak may come in the second half of 2025.
#AltcoinSeason Sir
We are still not even close to the peak. If you think this is the rally, NO. We will go much higher. The RSI will guide us to the peak.
Legend:
Total 3 is the market cap of all crypto excluding #BTC and #ETH. The Relative Strength Index (RSI) is a momentum… pic.twitter.com/EsDOu7I8HB— Stockmoney Lizards (@StockmoneyL) November 11, 2024
However, the onset of a full altcoin season suggests that the market has shifted into “risk-on” overdrive, particularly favoring tokens with higher moonshot potential.
As meme coins are going up in value, many of the top digital assets in the market are not experiencing the same level of growth, again suggesting that this market has much further to run.
If 2025 turns out to be the beginning of a super cycle, the micro-cap meme coins could take center stage.
Among these, Flockerz stands out as the most promising newcomer. Unlike other meme coins, Flockerz isn’t controlled by a single, questionable developer but by a community that genuinely cares about its future.
Setting a New Benchmark for Meme Coins
As mentioned above, Flockerz is a meme coin that puts control in the hands of its community through its unique Vote-to-Earn (V2E) mechanism. By holding $FLOCK, you can earn tokens by taking part in shaping the project’s future.
For example, if you hold $FLOCK, you can vote on important issues such as protocol updates, budget decisions, tokenomics revisions, grant funding, and investment strategies.
Yes, It's true! You too can vote to create change within the flock! 🗳 pic.twitter.com/uIbyrUEyg8
— Flockerz (@FlockerzToken) November 10, 2024
This decentralized governance model empowers the community to directly influence the project’s direction, with every vote rewarded in $FLOCK tokens.
By offering this level of community involvement, Flockerz becomes the first meme coin project to place governance in the hands of its holders truly.
This approach is unprecedented in the space, especially when compared to the typical one-man-show meme coin launches that flood platforms like Solana’s Pump.fun.
With a fully community-governed structure, the risk of a developer abandoning the project is virtually zero.
As the first meme coin to implement the V2E model, Flockerz has the potential to set a new industry standard. This could inspire other meme coin projects to adopt similar models, offering greater transparency and confidence for investors.
If this trend catches on, Flockerz could become a trailblazer in the space, much like Dogecoin did as the first meme coin, earning similar recognition and momentum in future market rallies.
Become a Part of the $FLOCK
Interested in getting $FLOCK? Just head to the official website, connect your wallet (e.g., Best Wallet), and you can buy $FLOCK with ETH, BNB, USDT, or even a bank card.
That’s not all, though. You can stake your $FLOCK tokens and earn an impressive 1,140% APY, allowing you to double your holdings in just over a month.
Flockerz places a strong emphasis on transparency and security, which is why its smart contract has already undergone an audit by Coinsult.
To stay in the loop with the latest updates, join the Flockerz community on X and Telegram.
Visit the Flockerz presale website.
