According to cryptocurrency analysis platform LookOnChain, a whale investor made a profit of approximately $3.96 million by selling 2.66 million Popcat (POPCAT) the previous day. The investor who sold the popular cat-themed meme coin for $1.36 each still has 3.45 million POPCAT tokens in his wallet, worth approximately $4.48 million.
So why did this investor sell his meme coins? POPCAT has lost more than 15 percent of its value after peaking at $1.47 the previous day. Although it experienced a decrease of 11 percent on the daily chart as of the time this news was written, it increased by 23 percent on a weekly basis and 139 percent on a monthly basis.
It is said that the investor may have decided to realize his profit by waiting for the coin to experience a correction after its peak. This profit he gained in a short time turned his attention to meme coins again. There has also been an increase in investors interested in purchasing Flockerz tokens.
Will Flockerz Start the Meme Coin Rally?
The new meme coin Flockerz (FLOCK) attracted great attention in the pre-sale and raised a total of more than 530 thousand dollars. Flockerz, which raised another $100,000 from investors over the weekend, quickly surpassed the $500,000 milestone on October 7.
With meme coins on the rise again, Flockerz was launched at the right time in pre-sale. With the strong rise of First Neiro (NEIRO) and Cat in a Dogs World (MEW) coins on the Ethereum network, investors are showing interest in these projects. However, the most important factor that attracts Flockerz token buyers is that the project has a decentralized management structure. Flockerz brings the concept of “decentralization”, which we often hear in blockchain projects, to a structure where the community has a say in making decisions in the project. Therefore, it is reported that there is a potential to make 100x in a possible rally.
Flockerz Earns Tokens with the Vote and Win System
Flockerz’s “vote-to-earn” mechanism allows the community to have a say in the decisions that direct the project. With this system, those who purchase Flockerz tokens can earn rewards by voting on important decisions that shape the project.
These polls can include anything from simple community decisions to major surveys on political or strategic issues, and each has the potential to generate valuable information and data. In other words, Flockerz stands out as a meme coin that aims to grow with the power of the community, unlike projects that depend on a single decision-maker. This has earned Flockerz the title of “People’s Meme Coin”.
However, it is important to remember that there are less than 2 days left to purchase Flockerz at its current discounted price of $0.005724. With the new funding round, the price will increase to $0.0057469.
Mobility Predominates in the Crypto Market
The cryptocurrency market has been experiencing great activity in recent days. Bitcoin (BTC) reached 64 thousand dollars, causing bulls to take action in the market. This also created a huge jump in meme coins, with the total market value reaching almost 50 billion dollars. For example, meme coins such as NEIRO and MEW made strong gains. NEIRO increased by 17 percent and TRUMP by 25 percent.
Flockerz is another meme coin that is rapidly rising and attracting attention in pre-sale. It is said that this project has great potential with the 500 thousand dollars of funding it has collected and strong community support.
Flockerz Prepares to Overtake Other Meme Coins
Another important feature that distinguishes Flockerz from other projects is its community-oriented structure. Generally, in meme coin projects, a single decision maker seems to be influential. However, Flockerz gives each FLOCK owner the opportunity to have a say in the future of the project by giving them the right to vote. This is made possible thanks to the decentralized autonomous organization (DAO) they call Flocktopia.
In addition, each vote is returned to users as FLOCK tokens. This system provides more tangible rewards to the community, unlike the DAO structures announced by projects such as Shiba Inu (SHIB).
After purchasing FLOCK tokens, it is also possible to earn passive income by staking them on Flockerz’s staking protocol with an annual APY rate of over 3,400 percent. However, this rate is set to decrease over time, highlighting the value of early participation in the project.
The token pool has approximately 52 million tokens locked. As this pool expands, the APY rate will also decrease, so interested participants are advised to act quickly. Those who want to buy Flockerz token can easily purchase this token from the website.
Flockerz also prioritizes transparency and security, and the project’s smart contract was audited by Coinsult. This gives confidence to investors.
The combination of its community-first approach, creative narrative, and impressive endorsements positions Flockerz as one of the most promising DAO-focused meme coin projects in the space right now.
Disclaimer: This is a sponsored content and press release and what is written here cryptokoin.com It does not reflect the views of the team. The high risk of loss must be taken into consideration in leveraged transactions and cryptocurrency investments, and extensive research must be done before investing in any platform.
To be informed about the latest developments, follow us Twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!