The project wants to become the very first political party of degens. According to the whitepaper, the team revealed that the meme coin is pegged to the only real-world currency: attention.
OKX Adds Support for TON Network in OKX Wallet
Cryptocurrency exchange OKX announced on Wednesday that it has added support for the Toncoin (TON) network to OKX Wallet, making it the 100th protocol to be supported by the Web3 wallet.
The TON network is a Layer-1 blockchain that was initially developed by Telegram. It is designed to handle high transaction volumes and low latency, catering to Web3 applications and services.
OKX Wallet previously integrated the NEAR, Blast, and zkLink Nova chains, expanding its support for emerging blockchain protocols.
Recently, the wallet also integrated Uniswap Labs’ trading APIs and launched a platform for Web3 game developers.
After its recent bearish performance, the cryptocurrency market is showing signs of recovery, with Bitcoin (BTC) and other major altcoins surging by more than 15% over the last seven days.
The increase in funds flowing into spot Bitcoin exchange-traded funds (ETFs) in the United States is contributing to the positive sentiment among investors toward the crypto market.
Meanwhile, Solciety, a new project in the Web3 domain, is aiming to lead the PolitiFi meme coin movement as the US presidential elections approach.
The project describes itself as the "first political party of degens."
According to the Solciety whitepaper, the meme coin is pegged to the only real-world currency: attention. Solciety will ensure that users have a platform dedicated to spreading the "degen gospel" across the Twitterverse.
Solciety makes it easy for users to create meme coins
A key feature of Solciety is that it enables users to create meme coins with ease. Meme coins have become an essential part of the crypto ecosystem, with Shiba Inu, Dogecoin, Dogwifhat, Bonk, and Pepe ranking among the highest cryptocurrencies and being known as meme coins.
Solciety will launch the Meme Campaigner, a tool that allows users to create their own meme coins. With the Meme Campaigner, users will have access to over 200 traits, backgrounds, and fonts.
Users can create and share memes on Twitter to earn points. The earned points will be collected and the top ten users will earn presale tokens.
The funds raised from the presale will be used to develop new tools, such as Solciety's Augmented Reality (AR). This tool will allow users to view their weird and wonderful meme creations layered over the real world.
Additionally, a portion of the funds will be allocated to developing Solciety's AI tool, which is set to launch in Q1 2025. This tool will enable natural language programming to auto-generate captions and translate memes into different languages, making the meme creation process more accessible to users.
Solciety presale reaches $1 million
Solciety's presale began a month ago and has already achieved a significant milestone. The presale is currently in its fifth round, having raised $1,009,585 of the $1,402,708 goal for this round.
Early investors enjoyed a heavily discounted price of $0.000963 in the first stage. In this fifth stage, the SCLTY token is selling for $0.002289. The SLCTY token's price will increase every 72 hours, with early investors set to earn a 125% return by the time the presale concludes.
Regarding the tokenomics, 30% of the tokens will be allocated to presale investors, with a total of 3 billion tokens available for presale. Twenty percent of the total token supply has been earmarked for marketing and 10% for community rewards and incentive programs. At launch, liquidity will account for 17% of the total supply.
Should you buy Solciety before the presale ends?
The presale is already in its fifth stage and could conclude in the coming weeks. Historically, purchasing coins during a presale has proven to be one of the best forms of investment in the crypto space.
The presale might be the only opportunity for investors to acquire Solciety tokens at a discounted price. It could become a leading PolitiFi coin as investors pay close attention to the presidential election in the United States.
With its Meme Campaigner and other tools, Solciety could become a top meme coin if it delivers on its promises.
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