You know it’s a good day when Ethereum turns green.
With 6.9% gains over the past week, $ETH is consolidating and looking to test the $3.7K resistance area.
If it breaks above $3.8K, we could see a move above $4K soon. Another pro-crypto move is Korea’s Jeju Island initiative to create NFT tourist cards to attract young people.
And this bodes well for the industry, especially well-supported $ETH meme coins like Flockerz ($FLOCK), which is innovating with its Voting for Profit machine.
Let’s discuss how the current crypto climate can drive meme coins and how $FLOCK can ride the next bullish wave.
Ethereum Technicals Are Greener Than Grass
The second highest valued cryptocurrency is making a comeback after falling below $3.3K just before Christmas.
It is currently at $3,647, which is a 6.9% gain over the past week. If the bullish momentum remains, $ETH may stay above $3.7K, which is the main resistance level.
As Bitcoin aims for $100K again, Ethereum may want to break $4K, and this is very good for meme coins, especially ERC-20 tokens.
Dogecoin is up 19% in the past week, while Pepe and Shiba Inu are up 10%. The market hovers around $109B in 24-hour trading volume, and Ethereum dominates 11.9% of the global crypto market.
But there is another factor that can propel crypto forward.
Korea’s Jeju Island to launch NFT Tourist Cards
Innovation and implementation are important in crypto. They single-handedly drove adoption and investor interest and put crypto on the map.
Recently, Korea’s Jeju Island (a tourist destination) announced that it will start testing NFT tourist cards in Q3 and Q4 2025 to attract young people.
Visitors will receive various benefits such as travel subsidies and discounts, which will be coded on the blockchain for added security.
The use of NFT guest cards cannot be underestimated, either. It is the perfect combination of functionality, 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 use blockchain and NFTs in the country’s economy.
Thanks to this approach, the number of crypto users in South Korea jumped by 610K in November 2024 to $15.6M. About 30% of South Koreans are crypto-savvy, which is amazing to think about.
This move should have a positive impact on the crypto market, especially meme coins based on services that are innovating the industry – like Flockerz.
Vote-to-Earn First Meme Coin Raises $8.9M in Presale
Flockerz ($FLOCK) is a one-of-a-kind meme coin because it introduces a Vote-to-Earn mechanism. If you are familiar with the concept of Play-to-Earn, this is the same.
$FLOCK holders can earn $FLOCK rewards by participating in the DAO ecosystem and voting on key decisions.
Billing itself as the ‘future of decentralization’ and the ‘people’s meme coin,’ Flockerz raised $8.9M in a pre-sale, at a token price of $0.0066351.
Traders also placed more than 586M $FLOCK tokens with 307% APY. The long-term rewards to be had are partly why Flockerz is getting so much attention.
The project’s smart contract was also audited by SolidProof and Coinsult, and no risks were identified.
Read $FLOCK’s white paper and stay tuned to its X channel for updates on its development.
Utility Coins Are Carving A Niche, And A Good One. It’s very good
Do you know what the crypto industry needs more than anything else? Crypto projects are innovative and bring something useful to the table.
Our research shows that Flockerz is just that. Investors are already flocking to this pre-sale, and we estimate that it will surpass the $9M raised in the pre-sale today.
As always, do your research on the projects you choose to invest in, as volatility is very high in the industry, and not all meme coins make the cut.