Solciety’s PolitiFi Meme Coin Presale Surpasses $600K in Initial Two Weeks, According to Chainwire

London, United Kingdom, July 2nd, 2024 — Chainwire

Solciety has successfully raised over $619,000 in the first two weeks of its presale, riding the wave of growing interest in PolitiFi and meme coins.

The community surrounding Solciety has rapidly expanded, now boasting over 15,000 members on platforms like Twitter and Telegram, which has fueled early presale engagement. This surge mirrors trends such as PolitiFi surpassing a $1 billion market cap and the SOL meme coin, Popcat, soaring by over 18,000% between January and May.

The presale offers participants the chance to buy into the project at a discounted price. Currently in a 15-stage presale, SLCTY tokens are priced at $0.002222, with scheduled price increases of 3% at each stage until the presale ends. This pricing strategy is designed to encourage early investments. Following the presale, SLCTY will be available for public trading.

Solciety: The Political Party of the Degen

With a push for "degen democracy," Solciety has attracted significant attention, supported by key opinion leaders like Crypto Moonlight and Crypto Pablo. The platform leverages a sharp sense of satire to critique elitism, creating not just a branding strategy but a robust community essential for the longevity of any meme coin. To reward this community, Solciety runs regular giveaways, including a recent $1,000 prize launched on social media.

Enhancing Solciety’s viral appeal is its Meme Campaigner tool, which allows users to create satirical political memes featuring characters like Donald Pump and Kim Wrong Un. Creators are incentivized through the allocation of 10% of SLCTY’s total supply for rewards, encouraging them to share Solciety branded content wherever there’s an audience.

The tokenomics of Solciety are designed to stimulate interest when public trading begins. Of the total supply, 20% is reserved for marketing efforts to promote the concept of degen democracy, and another 17% is allocated for liquidity, ensuring smooth trading operations when decentralized exchange trading commences.

Spotlight on PolitiFi as Election Season Heats Up

With significant elections approaching in France, the UK, and the United States, PolitiFi is gaining traction. Recently, a new token, DJT, surged threefold in less than a week. The PolitiFi sector has rapidly amassed a market cap exceeding $1 billion since its launch less than a year ago, likely benefiting from the upcoming US elections and heightened public relations efforts.

In further developments, prominent exchange Kraken has listed two key PolitiFi tokens, TREMP and BODEN, reinforcing the sector’s legitimacy within the cryptocurrency landscape.

Simultaneously, Solana meme coins continue to exhibit strong trading volumes, averaging over $1 billion in 24-hour transactions, with a collective market cap exceeding $7 billion at the time of reporting.

Positioned within these flourishing sectors, Solciety has the potential to emerge as a leading token, with SLCTY currently available for $0.002222.

About Solciety

Solciety seeks to tackle the challenges posed by contemporary political inefficiencies. By uniting individuals through memes and the prospect of financial gains, it is poised to capitalize on the electoral excitement and dominate the PolitiFi arena in 2024. With cutting-edge meme-generating technology and the innovative SLCTY token, Solciety offers a fun and potentially profitable platform for engaging with current affairs.