Dogecoin soars as altcoin season begins
The start of an altcoin season is being hinted at by signs of recovery exhibited by tokens such as Dogecoin and XRP. Bitcoin's market share recently reached 60%.
Therefore, some analysts think this could mark a radical change for altcoins. It is also possible that a moment will begin when altcoins surpass Bitcoin in terms of gains.
Some pre-sales are following the example of altcoins and showing significant growth. One of them is the pre-sale of Flockerz (FLOCK), which has already raised more than US$1.4 million.
Dogecoin Price Soars – New Altcoin Season?
Bitcoin is reaching new highs. Even so, most traders have been focusing on new altcoins to boost their profits. This has led to price increases for several tokens. The Altcoin Season Index measures the performance of altcoins relative to Bitcoin. It is a great indication of whether altcoins are outperforming Bitcoin in the market during a specific period.
Altcoin season is also known as altseason. It usually occurs when the prices of alternative cryptocurrencies rise significantly and surpass the price of Bitcoin.
An increase in market activity, trading volume and overall bullish sentiment towards altcoins sums up the start of the altcoin season. But altseason is not a fixed event and can vary in duration and intensity.
Currently, one of the main drivers of the cryptocurrency market has been the US presidential elections. Especially after the victory of Donald Trump, widely supported by Elon Musk. Thus, some prominent tokens at the moment include Dogecoin and XRP. Dogecoin even reached US$0.30. This is the highest value since 2021. This has seen DOGE surpass XRP and USDC in market capitalization.
Performances of several altcoins and successful cryptocurrency pre-sales are being seen. But there are analysts who believe that this year's altcoin season has not yet begun.
It is important to remember that altcoin season can offer investors profitable opportunities. However, it also has increased risks and greater market volatility.
Flockerz (FLOCK) continues to rise
Presale for Flockerz (FLOCK), a new vote-to-earn memecoin, is hot right now. This is because despite having been launched recently, it has already raised more than US$1.4 million.
The technology developed by Flockerz puts decision-making power in the hands of the project community itself. This is possible thanks to an ecosystem called Flocktopia, a DAO that allows users to help drive the project forward with their votes.
Users who participate in voting will be rewarded with FLOCK tokens. It's a way to reward everyone who participates in the community and the project's growth.
On Flocktopia, investors can vote on issues important to the project. This makes community involvement necessary for Flockerz's expansion in the crowded memecoin market. Flockerz's vote-to-earn model aims to ensure that the project is always aligned with the interests of its own community. Therefore, it has been highly anticipated by investors.
Flockerz also offers passive income through staking FLOCK tokens. Investors can earn passive income even during pre-sale. Staking is a way to encourage investors to hold tokens for the long term. But it also offers gains for early investors.
Flockerz is an innovative project that is paving the way for decentralization. It is the first vote-to-earn memecoin on the market. Through Flockerz, investors themselves can control the project's destiny while earning rewards for their votes. This means that there is no leader who decides everything alone. Instead, there is a group of people working together to make FLOCK a success. And best of all, everyone can earn rewards for participating.
How to pre-order FLOCK
FLOCK tokens are currently being sold during the project's pre-sale phase for just $0.00581.
The purchasing system is simple and several cryptocurrencies are accepted as a means of payment. Investors who purchase during the pre-sale can secure the token at deep discounts.
To purchase tokens during the pre-sale, 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.
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.