China News by Thebittimes.Com

After rocketing past the $2 million milestone, Flockerz ($FLOCK) added another 10% in funding over the weekend to take its total to more than $2.2 million. For those who didn’t heed the “buy the dip” and “accumulate before it’s too late” calls, the surge to a new all-time high for Bitcoin’s ($BTC) price might have them scratching their heads. Now, many are funneling funds into meme coins, which offer a higher potential to outperform Bitcoin’s returns by at least twentyfold. This is why the meme coin sector is edging closer to a $120 billion valuation, further fueled by an influx of new tokens driven by meme coin launchpads like Solana’s Pump.fun. However, none of the meme coins currently in the space have taken the same approach as Flockerz in vesting full control of the project in the hands of its community. Most meme coin projects still follow the traditional model, where a few individuals hold signi...

Flockerz ($FLOCK) has now raised more than $1.6 million in its presale as the meme coin market explodes, firing sector market capitalization past $112 billion on Tuesday. Meme coins continue to ride the coattails of Bitcoin’s ($BTC) surge, whose $100,000 price tag was once a dream but is now an imminent reality, with its new all-time high sitting at $90,000.  However, all eyes are on the Dogecoin ($DOGE) price, which is up 35% today at $0.40 and 130% over the past seven days. Elon Musk-backed $DOGE plans to be the people’s currency and, to that end, is introducing a community proposals mechanism.  But it looks like Flockerz, dubbed the “People’s Meme Coin,” could steal the spotlight from $DOGE by becoming the first meme coin controlled entirely by its community. With its groundbreaking vote-to-earn mechanism (V2E), Flockerz introduces a new model that rewards community members for participating in the project’...