Flockerz Presale Nears $10M as Trump Inauguration Nears. Are Pro-Crypto Times Coming?

Source Newsbtc

With only a week to go before Donald Trump once again moves into the White House, and as the Flockerz presale hits an all-time high, all crypto chatter is focused on how successful crypto will be under the next administration.

This comes as the Vice Chairman of the Federal Deposit Insurance Corporation, Travis Hill, admitted in a speech that the FDIC had ordered 20 banks to stop doing business with crypto firms. Their bank accounts were shut down or frozen, a process known as “debanking.”

But with a new US president about to warm the Oval Office chair, hopes are high that the debanking practice will stop and the US government will develop clearer, more transparent regulations – but this is purely speculative. Could this mean more pro-crypto times are coming, and a lot more money is suddenly going to be made?

Cryptocurrencies Are Having a Renaissance Moment

Flockerz presale

Many cryptocurrencies are currently seeing a lot of success, with the Flockerz meme coin ($FLOCK) nearing $10M in presales. Its current token price is $0.0066883, with staking rewards at a very attractive 280% APY. Analysts are hoping that when Flockerz officially launches, it could bring a 100x return on investment.

Other meme coins are doing equally well, the most standout ones being Wall Street Pepe ($WEPE) and Meme Index ($MEMEX).

Meme Index is a particularly exciting development, as the platform promises to make the buying, selling, and investing of meme coins a smooth and headache-free experience. This can only lead to a surge of meme coin buying when Meme Index officially launches later this year.

But unless the new Trump administration starts to loosen the chokehold on the crypto industry, all of those crypto advances could be for naught.

Incoming Pro-Crypto Treasury Secretary Scott Bessent Bodes Well For The Future

scott bessent

The concerns by crypto firms are somewhat alleviated by the incoming new Treasury Secretary, Scott Bessent, who has been reportedly been described as the “most pro-crypto Treasury Secretary ever.”

This was proven when Bessent revealed that he plans to divest his $700 million investment portfolio if he’s confirmed in the Treasury post by the Senate. Among that $700 million is a Bitcoin portfolio worth as much as $500,000. Anyone prepared to invest that much in Bitcoin obviously doesn’t have a problem with crypto in general.

Buy Your Flockerz Meme Coins Now Before the Presale Ends

Buy Flockerz presale coins

Flockerz is rumored to come out of its presale stage nine days from now – although this isn’t yet 100% confirmed. So, if you want to take advantage of its current price and hoard some bluebirds, now’s the time to do it.

Just head over to the Flockerz website, connect your wallet, and lock in the favorable token price and staking APY. Obviously, we can’t guarantee anything, and you should definitely do your own research before investing any money.

But if analysts are correct in their predictions, and President-elect Trump really does introduce new crypto-friendly regulations, that Flockerz investment should fly as high into the sky. That little flutter could very well bring you a nice nest egg later on down the road.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin volatility drops to third-lowest level since 2012 amid rise in BTC treasury companiesBitcoin (BTC) trades above $108,000 on Tuesday following a steady decline in its volatility in the first half of the year, marking the third-lowest H1 volatility since 2012.
Author  FXStreet
Yesterday 02: 11
Bitcoin (BTC) trades above $108,000 on Tuesday following a steady decline in its volatility in the first half of the year, marking the third-lowest H1 volatility since 2012.
placeholder
AUD/NZD inches higher to near 1.0900 as RBNZ maintains Official Cash Rate at 3.25%AUD/NZD holds ground after the Reserve Bank of New Zealand (RBNZ) decided to stand pat on the policy rate after six consecutive cuts, trading around 1.0890 during the Asian hours on Wednesday.
Author  FXStreet
Yesterday 03: 03
AUD/NZD holds ground after the Reserve Bank of New Zealand (RBNZ) decided to stand pat on the policy rate after six consecutive cuts, trading around 1.0890 during the Asian hours on Wednesday.
placeholder
Ethereum Price Turns Positive — More Upside Likely if Momentum HoldsETH is now consolidating gains and might aim for a fresh move above $2,620.
Author  NewsBTC
Yesterday 03: 26
ETH is now consolidating gains and might aim for a fresh move above $2,620.
placeholder
Jeff Bezos sold nearly 3 million Amazon shares for $665.8 million in early JulyJeff Bezos has sold nearly three million shares of Amazon in the first two days of July, offloading a total of $665.8 million.
Author  Cryptopolitan
Yesterday 03: 43
Jeff Bezos has sold nearly three million shares of Amazon in the first two days of July, offloading a total of $665.8 million.
placeholder
Gold price slides further below $3,300, over one-week low amid a firmer USDGold price (XAU/USD) trades with a negative bias below the $3,300 mark during the Asian session on Wednesday and drops to a one-and-a-half-week low in the last week.
Author  FXStreet
23 hours ago
Gold price (XAU/USD) trades with a negative bias below the $3,300 mark during the Asian session on Wednesday and drops to a one-and-a-half-week low in the last week.
goTop
quote