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Solciety Gains Momentum As Solana Meme Coins Prepare to Explode

Benson Toti
Benson Toti
Benson Toti
Author:
Benson Toti
Reporter
Benson reports news and analyzes markets for BanklessTimes, interviewing key figures. An investor since 2008, he joined the crypto wave in 2017, contributing to The Coin Habit, CoinJournal, Bitcoin Insider, and TechinAfrica.
July 2nd, 2024

With the likes of Dogwifhat (WIF) and Popcat (POPCAT) exploding this week, crypto enthusiasts are upbeat about what the next months could mean amid a potential meme coin summer.

Amid this, is Solciety (SCTY) poised to be the next 100x meme coin? Early interest has already pushed the project’s presale past $600,000, with the milestone reached in under two weeks. What’s Solciety, anyway?

Solciety – new PolitiFi meme coin

Solciety (SLCTY) is the new meme coin sensation on Solana. The project launched its presale on June 18, and is on track to hit an impressive ICO raise given current momentum.

The SLCTY sale surpassed the $600k mark in under two weeks, and currently has a total raise of over $630,000 in stage 4. The project’s 15-stage presale offers a chance for early meme enthusiasts and crypto holders to raise $6.5 million as they supercharge the evolution of meme coins’ next breakout token.

In terms of tokenomics, Solciety has a total supply of 10 billion SLCTY, with 3 billion allocated to the presale. 20% of supply is reserved for marketing, while 10% is for community rewards and 17% for liquidity.

During the presale, Solciety price will increase 3% after every stage. Currently, SLCTY is available at $0.002222 in stage 4.

More details on tokenomics and how to buy are on the official Solciety website.

What sets Solciety (SLCTY) apart?

Meme coins like Dogecoin, Shiba Inu and Pepe remain popular across the market. However, Solana and political memes are the all-star combination in the market today.

Despite the breakout for WIF, for instance, analysts say PolitiFi tokens such as Constitutional DAO (PEOPLE), MAGA (TRUMP) and MAGA Hat (MAGA) are ones to watch.

Even Jeo Boden (BODEN), which nosedived as President Joe Biden’s disastrous debate hit sentiment, has shot up 30% in the past 24 hours amid latest political developments.

Yet, the standout meme coin could be Solciety, the token of “degen politics”. Unlike other meme coins in the sphere, Solciety has something novel that is at the center of massive attention from meme lovers.

Behold the Meme Campaigner

Solciety stands out for party-agnostic approach, and as the community around it coalesces into a formidable “political party for degens.” A look at its social channels shows a strong traction on X and Telegram, with over 10,000 on the platforms just days into Solciety’s presale launch.

The Meme Campaigner is the new meme attraction in the market – a tool that anyone can leverage to generate a viral meme on politics and political figures. Traits that highlight political figures, trends or events are available, including such iconic ones as Donald Pump, Badimir Putain or Kim Wrong Un.

Degens can tap into their creative selves for a chance to win a share of SLCTY tokens offered as rewards for to creators who share the most viral memes. The Meme Campaigner is thus likely to be the game-changer for Solciety.

Solciety and the meme coin market

According to data from CoinMarketCap, the $2.3 trillion cryptocurrency market has seen a staggering $53 billion worth of assets traded in the past 24 hours.

Meanwhile, the $48 billion meme market has recorded over $3.4 billion (up 5% in 24 hours) – PolitiFi makes up about $1 billion of the market cap and $1.5 billion of the 24-hour trading volume.

It means that despite last week’s rout of political meme coins, or PolitiFi tokens, there’s new momentum building up in the space.

The bullish sentiment around Solana amid SOL ETF applications, Trump’s continued embrace of crypto and the general social scene as politics gets crazier by the day, also add to key ingredients of meme coins – hype and attention.

In this case, iInterest is poised to explode, not just for meme coins, but Solana-based political tokens. Solciety, which brings the best of political memes to the community, looks poised for an explosive trading debut when its presale ends.

To learn more about Solciety (SLCTY), visit its website.

Contributors

Benson Toti
Reporter
Benson reports news and analyzes markets for BanklessTimes, interviewing key figures. An investor since 2008, he joined the crypto wave in 2017, contributing to The Coin Habit, CoinJournal, Bitcoin Insider, and TechinAfrica.