A new meme coin Flockerz (FLOCK) has impressed smart money investors with its early demand and decentralized nature, which makes it an ideal candidate for Tier-1 exchange listings, including potentially Binance.
FLOCK has now raised over $1.1 million in presale funding, making it one of the hottest ongoing ICOs.
With the crypto market on the cusp of a golden bull run, low-cap meme coins like Flockerz will soar in demand. It is not without any reason that prominent investors are eyeing 10x to 100x returns from it.
Flockerz – The New Million-Dollar Meme Coin
After dogs, cats, frogs and even hippos, it appears that chickens are now set to dominate the meme coin sector, with Flockerz leading the charge.
Flockers is a micro-cap, decentralized meme coin, which is introducing a novel twist to the concept of DAO governance.
At its core is Flocktopia, a Decentralized Autonomous Organization which will comprise solely of FLOCK holders. The DAO members will decide the direction of the project with their votes, whether regarding marketing initiatives, exchange listings or any important issue regarding the project.
In exchange, FLOCK holders will earn attractive monetary rewards for their votes.
If this isn’t enough, the project has a native staking protocol, which is currently offering an APY of over 1500%, substantially higher than the industry average.
Thanks to its unique value proposition, it is no surprise that the FLOCK presale has already raised over $1 million in just a few weeks.
Why Flockerz Could Be The Ideal Candidate For Binance?
$FLOCK brands itself as the ‘people’s meme coin,’ emphasizing a strong commitment to decentralization as its core priority.
The project seeks to separate itself from the ordinary meme coins which are run by either a single person or a centralized developer team. Take, for instance, the case of Pepe.
On August 25th, 2023, Pepe developers sent $15.7 million worth of the meme coin to exchanges without any warning. The developer team’s multi-sig wallet also changed the number of signatures required from 5 out of 7 to 2 out of 7.
The events of the day were later confirmed to be a coordinated rug pull from certain members of the team.
Notably, Pepe’s meteoric rise began after the departure of disgraced members, with the remaining team’s tokens either burned or allocated toward the project’s growth.
Pepe serves as just one example of the broader trend. Many high-potential meme coin projects have been ruined by the short-sighted decisions of a centralized decision team.
Binance co-founder He Yi also wrote about this issue at length. Explaining why Binance snubbed Neiro Ethereum while listing First Neiro On Ethereum on its spot market, she explained that the exchange will prioritize decentralized meme coins with low fully diluted valuation.
Binance co-founder’s vision aligns with that of Flockerz.
Besides its novel vote-to-earn utility, the meme coin also boasts community-centric tokenomics, considering no token supply has been reserved for the developer team.
Instead, it has allocated 70% of the token supply towards investors, 20% via the presale and 25% each through staking and vote-to-earn rewards. The remaining 30% FLOCK tokens will be used for the project’s growth like marketing initiatives and exchange liquidity.
Moreover, the FLOCK smart contract has been heavily audited, with the findings available on the project website. The audit report does not reveal any security risks or centralization issues. The smart contract ownership has been renounced and the developer team cannot pause the contract, blacklist addresses or create new tokens.
Unsurprisingly, Flockerz is an ideal candidate for Tier-1 exchange listings, including potentially Binace. Even without it, prominent crypto experts believe that FLOCK could be the next 100x crypto.
Interested buyers can purchase the meme coin with just a few clicks using the over-the-counter widget available on the project website.
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Source: https://en.cryptonomist.ch/2024/10/29/is-this-a-future-binance-listing-new-decentralized-meme-coin-flockerz-raises-1m-in-ico/