London, London, June 18, 2024, Chainwire
Solciety, a new entrant in the PolitiFi sector of cryptocurrencies, officially launches today, June 18 at 14:00 UTC, starting a 30-day pre-sale of its Solciety (SLCTY) tokens.
3 billion Solciety tokens (SLCTY) will go on sale, starting at $0.0015, with price increases on the smart contract every 72 hours in ten stages. The final pre-sale price will be $0.0040, giving day one buyers a potential 169% increase in the value of their bags before the project is available for public trading.
Described as “the political party of degens,” Solciety plans to use the viral potential of memes and political satire to potentially explode alongside the political tinderbox that is the 2024 election season.
Community numbers have already surpassed 10,000 on social media before the live pre-sale even begins, an indication that Solciety's offering of humor and degenerative politics is resonating with crypto communities around the world.
Straddling the meme coin and PolitiFi sectors, with a combined value of $10 billion, Solciety is strategically placed in two of the most powerful narratives in cryptocurrencies. And with Solana emerging as the number one top-line meme coin manufacturer thanks to its drastically lower fees, Solciety has multiple tailwinds behind it.
Solciety (SLCTY) tokens will be available for purchase on the Loneliness website as of June 18 at 14:00 UTC.
Solciety: fusing memes with political satire
By focusing on profits and meme-induced satirical comedy, rather than invading foreign lands and sinking the dollar, Solciety aims to provide degens with a political party of their own.
Solciety's mission is based on two main components:
Strategic moment for PolitiFi's growth
The PolitiFi sector, focused on meme coins with American political themes, has rapidly grown to over $1.1 billion in less than 6 months.
Donald Trump-inspired coins rule the roost, with both official and unofficial Trump-themed coins clocking in at over $500 million in market capitalization, representing more than half of the total industry capitalization.
MAGA Token Growth in 2023-2024 (Source, CoinGecko)
Triple-digit rallies (or more) are common here. In the run-up to June 3, the MAGA token, a tribute to the potential “crypto president,” rose more than 80,000% from its launch price to recent highs. Super Trump even multiplied by 10 in one day. It's not all MAGA, though: Jeo Boden, a parody of the current president, bounced 40 times from March to April.
With PolitiFi likely to progress further as the election season progresses, Solciety could be the PolitiFi coin that emerges victorious and unites degenerates across the political spectrum.
Some SOL memes have performed impressively this year. A Dogwifhat (WIF) holder recorded a 13,000x profit on a $310 investment, pocketing $4 million in profits this year. Meanwhile, Iggy Azalea's MADRE token recently turned $3,000 into $9 million for one trader.
Additionally, with the PolitiFi sector following rumors surrounding the US elections and the built-in virality offered by Solciety's Meme Campaigner tool, the team aims to present a high-potential investment that coincides with the bull market.
Solciety (SLCTY) tokens will be available for purchase on the Loneliness website as of June 18 at 14:00 UTC.
About Solciety
Society is the answer to today's corrupt, boring and economically inept politics. Their goal is to unite degens under the umbrella of memes and profit potential. With its advanced meme generation technology and SLCTY token, Solciety is here to take advantage of election rumors and dominate the 2024 PolitiFi scene by offering degens a fun and potentially lucrative way to participate in current affairs.
To learn more and purchase Solciety (SLCTY), users can visit the website.
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This article was originally published on Chainwire.