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Solciety’s PolitiFi Meme Coin Presale Raises $600K+ in First Two Weeks

Published 07/02/2024, 05:19 AM
Updated 07/02/2024, 06:00 AM
Solciety’s PolitiFi Meme Coin Presale Raises $600K+ in First Two Weeks
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London, United Kingdom, July 2nd, 2024, Chainwire

Solciety has raised over $619,000 in the first two weeks of its presale, capitalizing on the rising popularity of PolitiFi and Solana meme coins.

The platform's community, now over 15,000 strong on Twitter and Telegram, has significantly contributed to early presale activity. This growth aligns with notable trends such as PolitiFi's market cap exceeding $1 billion and SOL meme coin Popcat achieving a +18,000% increase between January and May.

The Solciety presale offers an opportunity to buy in early at a discounted price. The 15-stage presale currently offers SLCTY tokens at $0.002222, with 3% price increases at each stage until conclusion. This structured pricing aims to incentivize early participation. Post-presale, SLCTY will be open for public trading.

Solciety (SLCTY) tokens are available to purchase on the Solciety website.

Solciety: The political party of the degen

Solciety has picked up attention with a campaign for “degen democracy” as well as strong support from big KOLs in the space, including Crypto Moonlight and Crypto Pablo. It harnesses savagely satirical memes deriding the world’s elites and extends way beyond being a fun branding decision or social content strategy.

This makes for a powerful community - the foundation of any long-lasting meme coin. The team is rewarding its communities with a number of fun giveaways that will be paid out regularly, starting with a $1000 giveaway that launched on X last week.

Bolstering Solciety’s viral potential is its Meme Campaigner, a meme-generation tool. Using characters like Donald Pump or Kim Wrong Un, degens can generate satirical political memes, with top creators being rewarded for their efforts - 10% of SLCTY’s total supply is earmarked for these rewards. This mechanism creates a huge incentive for degens to become Solciety’s best marketing channel and place Solciety branded content anywhere a degen could be lurking.

Solciety’s tokenomics are also set up to produce a rally when public trading gets underway. 20% of tokens are set aside for marketing to push the message of degen democracy far and wide, and a further 17% of supply is reserved for liquidity to help trading run smoothly when DEX trading begins.

Spotlight on PolitiFi as election season heats up

With major elections on the horizon in France, the UK, and, of course, the US, PolitiFi is getting a lot of attention. The latest trend in politics-themed coins saw new token DJT rally 3x in less than a week.

The sector now boasts a $1 billion+ market cap, coming from practically out of nowhere after its inception less than a year ago. As the US election in November approaches, PolitiFi could benefit from building PR.

Meanwhile, leading exchange Kraken recently listed two key PolitiFi tokens, TREMP and BODEN, solidifying the sector’s status in the crypto space.

Solana meme coins also continue to show impressive trade volume, with a 24-hour average of over $1 billion and a combined market cap of over $7 billion at press time.

With Solciety positioned within these trending sectors, it has the potential to become a leading token. Users can currently buy SLCTY at $0.002222.

Solciety (SLCTY) tokens are available to purchase on the Solciety website.

About Solciety

Solciety aims to address the corrupt, dull, and economically inept politics of today. It aims to unite degens under the umbrella of memes and potential for gains. With its advanced meme-generating tech and SLCTY token, Solciety is here to harness election buzz and dominate the 2024 PolitiFi scene by offering degens a fun and potentially lucrative way of taking part in current affairs.

For more information and to buy Solciety (SLCTY), users can visit the website.

Website | Whitepaper | Socials

ContactSolcietymarketing@solciety.io

This article was originally published on Chainwire

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