The new Vote-to-Earn crypto project Flockerz ($FLOCK) has reached the next milestone. The meme coin, which is characterized by its collaborative management structure, was able to increase its capital stock by 22 percent within four days and has now raised more than 700,000 US dollars in the presale. Meanwhile, Bitcoin was able to briefly break through the $68,000 mark.
Crypto market shows an upward trend: Bitcoin is approaching the $68,000 mark
After a correction to $64,954, the Bitcoin price consolidated at just under $68,000. At times, Bitcoin even exceeded this threshold.
Market observers see a connection between the price development and the position of Donald Trump. The trading platform Polymarket shows a forecast of 59% for Trump to win the election over Vice President Kamala Harris.
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According to QCP Capital analysts, Bitcoin price movements are similar to the patterns of the election years 2016 and 2020.
The move is being supported by ETF inflows, which reached $555 million on Monday – the highest level in months. Polymarket has a 68 percent chance of further price increases, with market participants considering $70,000 a possibility in October.
Flockerz establishes new governance model
The basis of successful meme coins is traditionally a strong community.
The development shows a trend towards centralized structures, especially with platforms such as Pump.fun and Ton.fun recording user activity of 55,000 wallets per day.
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While these platforms facilitate market access, centrally controlled projects pose risks in terms of liquidity and independence.
Flockerz implements an innovative concept of community participation. Token holders receive voting rights in strategic decisions.
The integrated vote-to-earn system (V2E) creates incentives for active participation. The project-specific DAO Flocktopia forms the organizational framework for this concept. Flockerz is currently trading at $0.005793 and will be raised to $0.005816 within the next three days or once it reaches $800,000.
Flockerz offers 2,370% staking rewards
Participation in the project provides access to community-based crypto governance. Before the official token launch, there is the possibility of annual staking rewards of 2,370 percent. However, the staking rewards continue to decrease with each token staked.
Interested investors can easily purchase the Flockerz token via the website. The technical security was confirmed by an audit by Coinsult. Project updates will be communicated via the official channels on X and Telegram.
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