As Shiba Inu ($SHIB) struggles to keep pace with the broader crypto market’s rally, some of its investors are turning to a new Chicken coin called Flockerz ($FLOCK).
Cat meme coins like Popcat have been gaining popularity this year, with baby hippo-themed coin Moo Deng also experiencing an extraordinary pump.
Thus, meme coin investors are racing to pre-position themselves in meme coins representing the next animal to go viral, with the new Chicken coin Flockerz getting a lot of attention.
That is especially true when major meme coins like Shiba Inu are waning momentum.
$SHIB was last around $0.00001850, stuck close to its 200 and 50DMAs and down over 60% from yearly highs, despite Bitcoin rallying to come close to its record highs on Tuesday.
Some of its investors will be looking for high-potential meme coin alternatives, with Flockerz a stand-out option.
Analysts at cryptonews.com, who are constantly searching for the next 20x micro-cap gem, have ranked $FLOCK as one of their best presales to buy now and as one of their best new meme coins.
Crypto Chester, cryptonews.com‘s in-house analyst, outlines in the video below why the team is bullish on the new Chicken coin.
Dozens of other widely followed crypto experts like Clinix Crypto, Jacob Crypto Bury, and Crypto Wire have also provided the new Chicken coin with glowing coverage.
Here is everything you need to know about the exciting new meme coin $FLOCK and why so many experts are raving about its potential.
Everything You Need To Know About New Chicken Coin $FLOCK
Flockerz ($FLOCK) isn’t just any old meme coin – it introduces a unique new feature called “Vote-To-Earn” (V2E).
That means that, unlike traditional meme coins, which often rely solely on community hype or utility, Flockerz aims to engage its community actively in decision-making processes.
Voting activities occur within the context of Flocktopia, a DAO (Decentralized Autonomous Organization) platform. The only requirement to join the DAO and start earning as part of the V2E process is to own $FLOCK.
Flockerz refers to its community as ‘The Flock’, and it’s fast expanding. Flockerz’s official X page is already nearing 3,000 subscribers, and its just-launched Telegram channel already has close to 2,000 subscribers.
Interest in the new Chicken coin can also be seen in the strong demand for the $FLOCK presale—eager investors have already poured $1.15 million into the project.
$FLOCK Also a Passive Income Gem?
Meme coin degens aren’t the only ones interested in the new Chicken coin. DeFi degens are also flocking to the coin to benefit from the massive yields on offer for early presale participants.
Per the official staking dashboard, presale investors are currently winning staking yields of 1,450%.
At this rate, presale investors could double or even triple their $FLOCK bag in a few weeks.
It would be no surprise, then, to see the new Chicken coin Flockerz’s presale continue to gain momentum in the coming weeks.
Thanks to its innovative V2E DAO that is likely to foster significant further community growth and high staking rewards, $FLOCK could end up being one of the best presales of 2024.
The post Shiba Inu Investors Turn to a New Chicken Coin as ‘Cat’ Coins Go Viral appeared first on Cryptonews.
#IndustryTalk #Memecoin #SHIB #Shibainu [Source: CryptoNews]