With just a week to go until Donald Trump arrives at the White House, and with Flockerz pre-sales hitting an all-time high, all the cryptocurrency talk is focused on the success of crypto under the next administration.
This comes as Federal Deposit Insurance Corporation Vice Chairman Travis Hill admitted in a speech that the FDIC had ordered 20 banks to stop doing business with crypto companies.
Their bank accounts were closed or frozen, a process known as “debanking.”
But with a new US president poised to preside over the Oval Office, hopes are high that the practice of debanking will cease and the US government will develop clearer, more transparent regulations – but this remains purely speculative.
Could this mean more pro-crypto times are coming and a lot more money will suddenly be made?
Cryptocurrencies are experiencing a moment of renaissance
Many cryptocurrencies are currently enjoying great success, with the Flockerz meme coin ($FLOCK) nearly $10 million in pre-sales.
Its current token price is $0.0066883, with staking rewards at a very attractive 280% APY. Analysts hope that when Flockerz officially launches, it could generate a 100x return on investment.
Other meme pieces are doing just as well, the most notable being Pepe from Wall Street ($WEPE) And Meme Index ($MEMEX).
Meme Index is a particularly exciting development, as the platform promises to make buying, selling and investing in meme coins a smooth and headache-free experience.
This can only lead to increased coin purchases when Meme Index officially launches later this year.
But unless the new Trump administration begins to loosen the stranglehold on the crypto sector, all of these crypto advancements could be in vain.
New pro-crypto Treasury Secretary Scott Bessent bodes well for the future
Crypto companies’ concerns are somewhat eased by new Treasury Secretary Scott Bessent, who has reportedly been described as the “most pro-crypto Treasury Secretary ever.”
This was proven when Bessent revealed that he planned to divest his $700 million investment portfolio if confirmed as Treasurer by the Senate. Among that $700 million is a Bitcoin wallet worth up to $500,000.
Anyone willing to invest that much in Bitcoin obviously has no problem with crypto in general.
Buy your Flockerz Meme coins now before the presale ends
Flockerz is rumored to exit its pre-sale phase in nine days – although this is not 100% confirmed yet. So, if you want to take advantage of its current price and accumulate a few bluebirds, now is the time to do it.
Simply go to the Flockerz website, connect your wallet, and lock in the favorable token price and APY staking. Obviously, we can’t guarantee anything and you should definitely do your own research before investing any money.
But if analysts are correct in their predictions and President-elect Trump actually introduces new crypto-friendly regulations, Flockerz’s investment should soar that high into the sky.
This little beat could very well earn you a nice nest egg later.
