72% increase in new Dogecoin addresses
There has recently been a 72% increase in new Dogecoin addresses. This could indicate an increase in interest in memecoin and network activities. But despite this, the price of DOGE fell.
Meanwhile there is a new memecoin called Flockerz, which is still in the pre-sale phase. The project should reach more investors as the project's pre-sales gain momentum.
72% increase in new Dogecoin addresses
After a recent downturn, Dogecoin (DOGE) has seen an increase in activity. The increase was a total of 72% in new addresses. Around 19,630 new DOGE addresses emerged on September 30th. This data is from IntoTheBlock and indicates increased interest in the Dogecoin ecosystem.
However, even with the influx of new addresses, the price of DOGE fell by around 5.11%. At the time of writing this article, memecoin is trading for $0.1041. Therefore, there was a slight increase.
Other important metrics for DOGE, such as market capitalization and trading volume, also saw some declines.
DOGE's market capitalization fell by around 5.12%. The value reached US$ 16.7 billion. Trading volume lost 5.86%. It reached US$858 million.
It is still important to exercise caution, even with the recent increase in new addresses and activity in the Dogecoin ecosystem. All of this has aroused enthusiasm in the market. But a drop in trading volume could cause DOGE to struggle to maintain its current price levels.
In the coming days, Dogecoin prices may decline further. DOGE may test key support levels. Especially if trading volume returns to pre-surge levels.
An important support level is DOGE's 50-day moving average at $0.117. This value could play a crucial role in determining Dogecoin's next move.
Flockerz is the big news in the memecoin sector
Flockerz is a new project in the memecoin sector. The FLOCK token, native to the project, is in its pre-sale phase. This gives early investors the chance to purchase tokens at a discounted price. The project is the big news in the memecoins sector, as it offers an innovative Vote-to-Earn feature. This allows investors to vote on important proposals and actively participate in the community.
The active participation of investors includes matters related to marketing actions, partnerships and developments for the future of Flockerz. The more members participate in governance, the more FLOCK tokens they earn, which encourages project expansion.
Flockerz is positioning itself as a decentralized platform in the memecoin market. The Flockerz pre-sale gives you early access to FLOCK tokens as well as this exclusive Vote-to-Earn system.
The project has its own DAO, called Flocktopia. This allows users to actively participate in the direction of the project. Participation occurs through votes and investors are rewarded for this.
FLOCK gives you access to a promising rewards system that also includes staking. By allocating tokens to receive income, investors also help reduce market volatility, as fewer assets will be in circulation.
FLOCK pre-sales advance quickly
The ongoing pre-sale allows investors to purchase FLOCK tokens at a lower price. At the current stage, tokens are being sold for US$0.0056785. The project has already raised more than US$387,000, but the target set for this phase is US$605,467.
As for Flockerz tokenomics, the developers have reserved 20% of the total supply for presale. Another 25% of the tokens will be allocated to staking rewards to generate passive income.
25% of the token supply will be stored in the Flock Vault, the DAO's vault. 20% of the tokens will be allocated for marketing and, to ensure liquidity in the listing phase on CEX and DEX, 10% of the total supply of tokens has been reserved for trading.
During the pre-saleinvestors can purchase FLOCK with ETH, BNB, USDT and with a bank card.
After the end of the fundraising phase, the FLOCK token can be listed on several centralized and decentralized exchanges, ensuring the project's accessibility to an increasingly larger audience.
Disclaimer: This article is for informational purposes only, and does not constitute investment advice or an offer to invest. CriptoFácil is not responsible for any content, products or services mentioned in this article.