Outside Source
- Smidge (SMIDGE) plunges 71% in 24 hours, reflecting volatile meme token risks.
- Solciety (SLCTY) presale nears $500K, attracting crypto influencers with its staged pricing presale.
- Solciety merges politics with memes on Solana, fostering community and creativity.
Smidge (SMIDGE) meme coin price has seen a massive plunge sending investors into panic mode looking for alternative options.
Amid the SMIDGE decline, the new Solana-based meme coin Solciety (SLCTY) is making waves after launching its presale on June18.
Smidge (SMIDGE) price plunges by over 71%
Smidge (SMIDGE), a token associated with the 5th generation of the frog kingdom and known for its popularity on platforms like 4chan and Reddit, has seen a drastic decline in its market value.
From an all-time high of $0.0008874 just a day ago, Smidge has plummeted to $0.0001732, marking a staggering decrease of 71.25% in a single day.
Despite its initial popularity and viral status, Smidge’s recent performance highlights the unpredictable nature of the cryptocurrency market, leaving investors wary and seeking more stable alternatives.
This volatility underscores the risks inherent in investing in meme-inspired tokens, where sentiment and market dynamics can lead to rapid price swings.
Solciety (SLCTY) presale gains momentum as it approaches $500K
In stark contrast to Smidge’s downturn, Solciety (SLCTY) has been making waves with its presale, successfully raising over $300,000 within the first 48 hours and approaching the half-million-dollar mark within a week of its launch.
Positioned as a pioneering project within the PolitiFi meme coin industry, Solciety aims to blend political engagement with meme culture, catering to a diverse audience of crypto enthusiasts and meme creators alike.
The Solciety presale offers early adopters the opportunity to purchase SLCTY tokens at progressively increasing prices, incentivizing early participation while rewarding supporters.
With a total supply of 3 billion SLCTY tokens available for distribution this month, the presale employs a smart contract mechanism to adjust token prices every 72 hours.
Starting at $0.000963 per token and currently priced at $0.001967 in Stage 3 of 10 planned stages, Solciety’s strategic pricing strategy aims to balance accessibility for investors with sustainability for the project’s long-term growth.
Solciety’s appeal lies not only in its innovative approach to combining politics and meme creation but also in its utilization of the Solana blockchain.
Leveraging Solana’s high-speed transactions and low fees compared to Ethereum, Solciety provides a robust platform for decentralized governance and creative expression through its Meme Campaigner tool. This platform empowers users to generate and customize memes, fostering community engagement and content creation.
Moreover, Solciety has garnered attention from prominent figures within the crypto community, including influencers like Solciety, ALTCOIN-BEAR, The PEPE ARMY, ShibArmy1000x, and BscGems1000x.
These endorsement underscores the project’s potential to resonate with a wide audience interested in both cryptocurrency investments and meme culture.
Conclusion
As the cryptocurrency market continues to evolve and adapt, projects like Solciety exemplify the intersection of technology, creativity, and community engagement. With its presale gaining momentum and demonstrating substantial fundraising success, Solciety positions itself as a promising contender in the competitive landscape of meme-inspired tokens.
Investors, drawn by the potential for both financial gains and active participation in a novel ecosystem, are increasingly turning to Solciety as a beacon of innovation and opportunity amidst market uncertainties.
This article first appeared at CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison
