You know it’s a fine day when Ethereum turns green.
With 6.9% gains in the last week, $ETH is consolidating and looking to test the $3.7K resistance point.
If it breaks above $3.8K, we could see a move above $4K soon. Another pro-crypto move is Korea’s Jeju Island’s initiative to create NFT tourist cards to attract the youth.
And this bodes well for the industry, especially $ETH meme coins with good utility like Flockerz ($FLOCK), which innovates through its Vote-to-Earn mechanism.
Let’s discuss how the current crypto climate might push meme coins further and how $FLOCK could ride the next bullish wave.
Ethereum Technicals Are Greener Than Grass
The second highest-valued cryptocurrency is making a comeback after its fall below $3.3K just before Christmas.
It’s currently $3,647, a 6.9% gain in the last week. If bullish momentum holds, $ETH could settle above $3.7K, which is a key resistance level.
With Bitcoin aiming for $100K again, Ethereum might be looking to break $4K, and this is very favorable for meme coins, especially ERC-20 tokens.
Dogecoin is up 19% in the last week, while Pepe and Shiba Inu have shot up 10%. The market is hovering at the $109B 24-hour trading volume, with Ethereum dominating 11.9% of the global crypto market.
But there’s another factor that could further push crypto forward.
Korea’s Jeju Island to Introduce NFT Tourist Cards
Innovation and utility are indispensable for crypto. They single-handedly drive adoption and investor interest and put crypto on the map.
Recently, Korea’s Jeju Island (a tourist hotspot) announced that it will begin trialing NFT tourist cards in Q3 and Q4 2025 to attract the youth.
Visitors will receive various benefits like travel subsidies and discounts, which will be encoded in the blockchain for added security.
The utility of NFT tourist cards can’t be underestimated, either. It’s the perfect blend of practicality, accessibility, and crypto magic.
Jeju Island is one of the most forward-thinking countries in terms of crypto adoption. In March 2024, officials were discussing how to implement the blockchain and NFTs into the country’s economy.
Due to this approach, the number of South Korean crypto users jumped by 610K in November 2024 to $15.6M. Around 30% of South Korea’s population is crypto-savvy, which is surprising to think about.
This move should positively impact the crypto market, especially utility-based meme coins that innovate the industry – like Flockerz.
First Vote-to-Earn Meme Coin Raises $8.9M in Presale
Flockerz ($FLOCK) is a one-of-a-kind meme coin because it introduces the Vote-to-Earn mechanism. If you’re familiar with the Play-to-Earn concept, this is similar.
$FLOCK holders can gain passive $FLOCK rewards by participating in the ecosystem’s DAO and voting on key decisions.
Dubbing itself as ‘the future of decentralization’ and ‘the people’s meme coin,’ Flockerz has raised $8.9M in presale, with a token price of $0.0066351.
Traders have also staked over 586M $FLOCK tokens with a 307% staking APY. The prospective long-term rewards are partly why Flockerz is receiving so much attention.
The project’s smart contract was also audited by SolidProof and Coinsult, and no risks were identified.
Read $FLOCK’s whitepaper and stay tuned to its X channel for the latest information about its development.
Utility Coins are Carving Out a Niche, and It’s Good. Very Good
Do you know what the crypto industry needs more than anything else? Crypto projects that innovate and bring something useful to the table.
Our research shows that Flockerz is just that. Investors are already flocking to this presale, and we estimate it’ll pass the $9M presale raise today.
As usual, do your own research about projects you choose to invest in, as volatility is very high in the industry, and not all meme coins make the cut.
