Could this new memecoin be the next Shiba Inu?
The memecoin market is always renewing itself, with investors looking for the next token with profitable potential. Those who missed Shiba Inu's early days are looking for a token that can also offer explosive returns.
Some experts are tipping Flockerz (FLOCK) as the next big memecoin. But could FLOCK be the next SHIB?
Shiba Inu or Flockerz, which memecoin to buy now
Shiba Inu (SHIB) was the best performing altcoin in 2021. This is due to its huge price recovery. Several SHIB investors became millionaires overnight.
The price of Shiba Inu soared in 2021 following an endorsement by Vitalik Buterin, with an airdrop of 50% of the token supply that was donated. This attitude drove the price of SHIB to unimaginable heights.
Nowadays, Shiba Inu (SHIB) is a community-driven project. The project continues to create tokens and burn, to support the price of memecoin.
The current Shiba Inu price is $0.0000182, showing a 78% price drop from all time.
The current price of Shiba Inu offers a discount entry, before the next bull cycle. But even so, the altcoin does not appear to be able to repeat similar trends from 2021.
This is because many investors are switching to new memecoin projects with innovative features. Flockerz (FLOCK) is one of those big highlights of the moment and there are those who say it can replicate the success of Shiba Inu (SHIB).
FLOCK, a pioneering trade-to-earn memecoin
Memecoins are known as short-lived assets due to their lack of focus on utility. But many of the new memecoins are defying this reality and bringing utility tokens.
Flockerz (FLOCK) is an example of this. The project developed a token with vote-to-earn utility. This is because it gives investors a reason to hold the FLOCK token for the long term as they earn rewards.
As a community-led project, FLOCK investors will receive voting rights over the future of the project.
This vote-to-earn model aims to ensure that the project is always aligned with the interests of the community and FLOCK token holders.
The launch of the vote-to-earn model is highly anticipated by the community. It is scheduled to occur during the third phase of project development. It is from there that investors will become an integral part of Flockerz's governance.
Investors can also stake FLOCK tokens during the pre-sale and earn passive income. Rewards are currently estimated at 1548% p/a. But this fee will decrease over time as more tokens enter the pool.
Staking also encourages long-term retention of FLOCK tokens. Therefore, the project appears to be well positioned for sustained, long-term growth.
Flockerz's community governance model shows that this memecoin is not just another useless token, but rather an innovative project that can offer explosive gains for early investors.
The vote-to-earn model and community-centric tokenomics make Flockerz one of the best options to buy right now.
How to participate in the FLOCK pre-sale
Flockerz has raised over $1 million so far. This is because investors are taking advantage of exclusive presale discounts and staking rewards.
The Flockerz (FLOCK) roadmap is based on community building, through global marketing campaigns and partnerships with influencers in the cryptocurrency market.
To purchase FLOCK during the presale, access a cryptocurrency wallet such as MetaMask or Best Wallet. Use the widget from the project's official website. FLOCK presale accepts payments in ETH, BNB, USDT and bank card.
It is important to always check that you have sufficient funds to purchase the tokens and pay the gas fees.
Investors who purchase during the pre-sale can secure the token at deeply discounted prices before FLOCK is listed on major cryptocurrency exchanges.
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.