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Looking out over the cryptosphere Friday, it’s big, healthy green candles all the way around for major tokens and meme coins.
The Federal Reserve rate cuts haven’t even kicked in yet and the bulls are back with a vengeance after market bears walked prices down for a few days there. There are three relevant use cases for DOGE, PEPE, and the new $FLOCK meme coin.
Flexing Big With Meme Coins
Dogecoin is the original meme coin to rule them all, with a strong blockchain pedigree as a popular early Bitcoin fork.
Meanwhile, Pepe just recently joined all the fun in Web3 last year as a new project that launched stealth with no presale. Then it burned its initial liquidity tokens in a real flex that sent that value back to the meme coin investors who backed it on exchanges early.
It’s just a year later and Pepe rocketed to over $3 billion in market capitalization in nearly no time at all. Flockerz (FLOCK) is putting together some of Pepe’s best moves and working toward making meme coin history again with a presale event to raise the initial liquidity.
Instead of making altcoin traders hope or trust another team of Web3 anons to burn their LP starter tokens after putting together a liquid meme economy on the exchanges, the presale event allows users to grab, keep, and hold that value through the market’s transformations.
Three Use Cases For DOGE, PEPE, and FLOCK
Here are three use cases for DOGE, PEPE, and FLOCK:
1. Dogecoin is the most highly capitalized meme economy with over $15 billion in market value at this week’s crypto exchange prices.
Crypto skeptics like Euro Pacific Capital’s Peter Schiff will tell you these things are toxic risk assets, but for the Web3 meme coin degen, these are like their stablecoins— less volatile place to stash profits and cash in waiting to deploy on the new most promising altcoin discoveries.
Market timers can charge it up on red candle days when they don’t know what else to buy and then draw from their DOGE bag on green candle days to get their wallet ready for the next slump.
2. Meanwhile, Pepe’s one of those proven winners like Shib, Bonk, Floki, Popcat, etc. that traders have come to expect more enormous daily candles from in either direction when crypto rallies or busts.
Those green candles can be risky to buy and the red ones can be hot ROI makers with well-timed profit scoops. This one is for trading that volatility to accumulate crypto faster.
3. Flockerz (FLOCK) is one of 2024’s much anticipated meme coin presales. Traders who add new coins in ICO or presale to their bag get early rewards like premarket pricing and the first opportunity to stake for yield. FLOCK users can also vote-to-earn in Flockerz’s DAO.
For A Limited Time: FLOCKERZ IS IN PRESALE
Source: https://finbold.com/three-crypto-use-cases-for-dogecoin-pepe-and-flockerz-flock/