Close to US$90,000, Bitcoin price boosts altcoins
After Donald Trump was elected to the position of US President, the price of Bitcoin increased considerably. Now, the world's largest cryptocurrency is about to reach a record high of US$90,000.
Yesterday, the price of Bitcoin was close to US$89,900. This means about 25.9% weekly increase. As a consequence, the main altcoins increased by approximately 280%.
New presale tokens are also being boosted, reflecting the growth of Bitcoin and most altcoins. Flockerz (FLOCK) is one of these new memecoin projects that are making waves.
Bitcoin price approaches US$90,000 and boosts altcoins and pre-sales
Bitcoin is reaching new records every day. Now it is approaching the long-awaited US$90,000 mark.
In this sense, the largest cryptocurrency in the world has been one of the biggest highlights of the week, especially after the election of Donald Trump to the US presidency.
During the campaign, Trump expressed his support for the digital asset market, promising to make the US the world capital of cryptocurrencies. However, it is not yet known exactly how this will happen, but the possibility of a president with an interest in digital assets has driven a speculative increase in the cryptocurrency market.
Key areas to monitor include potential regulatory changes, increased institutional participation and increased acquisitions.
The new political scenario may bring clearer regulations for digital assets. Consequently, it could lead to strategic developments such as a national Bitcoin reserve and growth in the mining sector. Additionally, cryptocurrency investors were also excited by Trump's promise to change the SEC chairman.
This is because many investors believe that the current SEC management has stifled the cryptocurrency industry with its monetary policies in recent years.
Donald Trump also promised to create a new federal department called the Department of Government Efficiency, whose acronym is DOGE. The department would be involved with billionaire Elon Musk and suggests a fun relationship with Dogecoin.
Bitcoin's price surge is also boosting several altcoins and tokens in the pre-sale phase due to renewed enthusiasm from investors and traders.
Finally, the presale of Flockerz (FLOCK), a new vote-to-earn memecoin, is an example of a new token that is on the rise and has raised over $1.6 million so far.
Bitcoin price spike boosts Flockerz (FLOCK) pre-sale
Flockerz is the world's first vote-to-earn memecoin, where investors can control the fate of the project while earning rewards for participating in community votes.
FLOCK token holders will be able to vote on all new proposals related to the future success of the project and the growth of the community. This means that there is no leader who decides everything alone, as is the case with most memecoins.
At Flockerz, everyone works together and earns rewards for participating. This is possible thanks to an ecosystem called Flocktopia, which is nothing more than a DAO. This allows users to boost the project with their votes.
Users who participate in voting earn rewards in the form of FLOCK tokens.
The vote-to-earn model is intended to ensure that Flockerz is always aligned with the interests of its own community.
But that's not all. Flockerz also offers passive income for investors thanks to its FLOCK token staking feature. Currently, staking rewards are estimated at 1102% per year.
Staking is a way to encourage investors to hold FLOCK tokens for the long term, in addition to offering gains for project supporters.
FLOCK pre-sale – How to participate
Flockerz has reserved 20% of the total token supply for early buyers, 25% for staking, 25% for the Flock Vault, which will be stored in the DAO vault. Another 10% was reserved for CEX and DEX and 20% for project marketing.
FLOCK tokens are being sold at reduced and staggered prices during the pre-sale phase.
At the moment, each token costs just $0.0060049. This price will increase as pre-sales progress to the next stages.
Flockerz pre-order accepts multiple payment methods. Simply access and set up a cryptocurrency wallet, such as MetaMask or Best Wallet.
Then use the project's official website widget and purchase your FLOCK tokens by making payments in ETH, BNB, USDT or bank card.
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.