In a stunning display of enthusiasm, American traders have flooded into the Solciety presale, helping it raise more than $940k. It’s a testament to the growing interest in PolitiFi tokens, and Solciety’s position as the political party for degens has some calling it the best crypto ICO of 2024.
This presale could mark the beginning of something spectacular as the world gears up for an election-year frenzy. Read on to find out why.
Politics and profit: The rise of PolitiFi tokens
In 2024, the intersection of politics and cryptocurrency gave birth to a booming niche: PolitiFi. With election drama unfolding in many countries this year, these satirical tokens have skyrocketed in popularity by capitalizing on the absurdity of modern political theatre, producing phenomenal gains in the process.
Solciety is primed to follow in the footsteps of PolitiFi’s most infamous performers this year, like Jeo Boden and MAGA. BODEN saw an incredible rise of over 4,000% from its all-time low in March 2024 to an all-time high a month later.
Similarly, MAGA’s TRUMP coin surged more than 150,000% from its lowest point in October 2023 to a peak in early June 2024. It’s clear that whichever side of the political aisle you belong to (or perhaps you prefer to watch from the gallery), PolitiFi tokens are big business. And they’re feeding off election PR. Just look at the numbers: the broader market for politically-themed cryptocurrencies has exploded from nearly zero to around $1 billion in just six months.
Solciety’s additional power as a SOL meme coin
Simultaneously, despite July’s crypto price dip, meme coins still command a $45 billion market cap at press time. Solana meme coins, like Dogwifhat and Bonk, currently hold a market cap of $6.7 billion, having grown at twice the rate of their Ethereum counterparts in 2024.
Solciety’s dual appeal as both a PolitiFi token and Solana meme coin makes it uniquely promising. Solana meme coin, BILLY, was priced at a low of $0.02358 on June 27th; 12 days later, it rose more than 7x to hit just shy of $0.18!
Given these figures, Solciety looks highly undervalued at its current price of $0.002289. While there’s still an expected 34.38% rise due over the course of the presale, it’s easy to imagine SLCTY doing even bigger numbers, similar to its Sol and PolitiFi contemporaries. Especially as degens place speculative bets in the run-up to the US’s November election. In that light, Solciety could turn out to be one of the best crypto ICO investments this year.
Inside the meme propaganda machine
Solciety is a full-blown movement powered by a meme machine known as the Meme Campaigner. This tool is designed to flood the internet with political satire and viral humor. It allows users to create customized memes using over 200 traits, backgrounds, and fonts, featuring caricatures like Donald Pump and Badimir Putin. The idea? Turn every degen into a political meme-making propaganda powerhouse.
By incentivizing users to share their creations on social media, Solciety creates a constant stream of fresh, engaging content that amplifies its message far and wide. Each shared meme earns points, and the top creators win presale tokens for driving participation and hype.
Speaking of the presale, Solciety’s SLCTY tokens are on fire. The presale is divided into 15 stages, currently priced at $0.002289 in stage 5. Early investors have already funneled in more than $940k, eager to get in on what might be the best crypto ICO of 2024.
2024’s best crypto ICO? It might be Solciety
With the appetite for PolitiFi tokens growing, evidenced by BODEN’s impressive 20%+ jump in the past 24 hours at the time of writing, American investors are buzzing. Getting in early on Solciety could yield tremendous gains as the hype builds towards one of the most important elections of this century. Plus, crypto is on every politician’s mind this election season. With Biden and Trump fighting for the crypto vote, we’ll likely see crazy market pumps as November draws closer.
