Meme cash have been making headlines over the previous few months as a few of them have turn out to be giants within the crypto business. For example, tokens like E book of Memes (BOME), DogWifeHatt (WIF), and Brett have gained over $1 billion in market cap.
Political and celeb-themed meme cash have carried out properly, with meme cash similar to MAGA, Tremendous Trump, MAGA VP and Child Trump changing into extremely well-liked amongst merchants. It’s in opposition to this backdrop that Sophoria The token will likely be launched on Tuesday.
What’s Solcity?
Soulcity is a brand new Solana The meme coin that goals to turn out to be the following large factor within the crypto business.
Its purpose is to create a political occasion of the Degen period. Holders will likely be a part of a brand new neighborhood the place customers will have the ability to create their very own meme cash by the Meme Campaigner device. This device could have over 200 traits and backgrounds for them to make use of.
Solcity hopes to make use of this mannequin to unravel a typical problem within the meme coin business the place they are usually short-lived. Its longevity will likely be helped by the truth that the neighborhood will likely be always creating content material and satirizing occasions.
The meme campaigner may even produce other instruments. For instance, it is going to assist customers join with social media platforms like X. These customers will earn some extent for each meme that’s shared. The builders additionally intention to launch an AR platform the place customers will have the ability to view their creations layered on the true world.
Subsequently, Solcity will likely be a extra superior meme coin than most political tokens that exist as we speak. For one factor, in contrast to MAGA and Geo Boden, it won’t divine throughout occasion traces.
Projection of Solstice ahead
The following large factor within the SolCity ecosystem will start its 30-day presale on Tuesday. consumers could have the choice to buy tokens by way of numerous cryptocurrencies similar to Solana, Ethereum, Binance Coin, playing cards, and stablecoins similar to Tether and USD Coin.
The value of the token will begin at $0.000963 and can proceed to rise through the ten phases of the sale. Which means that early consumers will profit from getting it at a less expensive worth.
To place it bluntly: it’s not assured that the SLCTY token will carry out in addition to different well-liked meme cash like MAGA and E book of Meme. Nonetheless, latest articles have proven how folks have made fortunes by betting on easy cryptocurrencies.
For instance, CoinDesk reports A dealer who turned $1k into $100k by shopping for DogewifHat. One other dealer remodeled $23 million by shopping for the Solana meme coin, in response to Cointelegraph.
However, there may be additionally the chance that the token will burst, which requires environment friendly threat administration methods. For instance, you shouldn’t purchase SolCity with funds that you just can’t afford to lose. You must unfold your bets throughout a number of belongings. Be taught extra about SolCity Here,