Another new meme coin is going viral as investors continue to hunt for 100x returns.
Flockerz (FLOCK) has now raised over $750k in the first few stages of its presale, giving a glimpse of its high upside potential.
FLOCK’s innovative vote-to-earn concept, sound tokenomics and attractive staking rewards have impressed prominent crypto investors, with some calling it the next 100x crypto.
New Meme Coins Continue To Deliver Outsized Returns – Could FLOCK Be Next?
New meme coins continue to dominate the headlines with their explosive growth. In particular, their demand has skyrocketed after the buzz surrounding a potential “meme coin supercycle”.
After the likes of NEIRO, MOODENG and SPX6900, another new meme coin GOAT is in the news. Data from Lookonchain reveals that an early investor in GOAT turned $700 into $2.4 million, a staggering 3,100x returns.
As the liquidity in global financial markets continues to soar, so will the demand for new meme coins. Indeed, low-cap gems and other risk assets deliver outsized returns amidst bull market euphoria.
A growing number of prominent investors now believe that Flockerz could be one such meme coin.
Why Is Flockerz In Such High Demand?
There is a growing demand for decentralized meme coins as VC-backed projects are massively underperforming.
Even Binance co-founder He Yi praised decentralized coins like First Neiro On Ethereum while snubbing centralized projects like Neiro Ethereum.
It is therefore no surprise that Flockerz (FLOCK) – a truly decentralized project – has emerged as the latest viral meme coin phenomenon.
At its core is the Flocktopia DAO, which is comprised entirely of FOCK holders. The DAO members can vote on all key issues pertaining to the meme coin, including but not limited to new feature launches, exchange listing, marketing strategy and expansion plans.
While DAO governance isn’t a new concept, Flockerz has taken it a step further, introducing the revolutionary vote-to-earn technology. FLOCK holders will now be paid for their votes. The more they vote, the more monetary rewards they collect.
If this isn’t enough, Flockerz has launched a presale staking protocol, which is currently offering an APY of over 2300%.
Presale holders can stake their coins and earn dynamic passive income before the meme coin launches on exchanges. However, the reward rate is designed to decrease as more coins are staked in the pool, giving an edge to the early adopters.
Is FLOCK The Next 100x Crypto?
FLOCK’s in-demand utilities are only a part of its overall attraction. Its sound tokenomics and high-security standards have also impressed smart money investors.
For instance, a significant 70% of the FLOCK supply has been reserved for the investors – 20% to be distributed during the presale, 25% for vote-to-earn rewards and 25% for staking rewards.
The remaining 30% will also be used for the project’s overall growth, including 20% for marketing and 10% for exchange listings.
The transparent tokenomics has certainly helped gain the trust of early FLOCK investors, as has its heavily audited smart contract.
Indeed, the FLOCK smart contract has been audited twice – once by Solid Proof and again by Coinsult. The audits did not find any security or centralization risks, which is rare for new meme coins.
It is therefore no surprise that prominent crypto influencers are bullish on Flockerz. For instance, popular crypto YouTuber ClayBro has invested in the meme coin and believes that it could offer up to 100x returns after its launch.
Even YouTube channels like Cryptonews and 99Bitcoins have featured the project, anticipating it to offer 50x to 100x returns.
Considering that the Flockerz presale is still in its early stages, interested buyers can take advantage of its heavily discounted price and high staking rewards. However, the window of opportunity is shrinking rapidly.
Interested investors can buy FLOCK with just a few clicks using the over-the-counter widget on its presale website. They are also advised to follow its X and Telegram accounts for the latest updates.
