it’s a high-quality day when Ethereum turns green.
With 6.9% gains within the last week, $ETH is consolidating and looking out to check the $3.7K resistance point.
If it breaks above $3.8K, we could see a move above $4K soon. One other pro-crypto move is Korea’s Jeju Island’s initiative to create NFT tourist cards to draw 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 present crypto climate might push meme coins further and the way $FLOCK could ride the subsequent 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 within 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 is perhaps seeking to break $4K, and this could be very favorable for meme coins, especially ERC-20 tokens.
Dogecoin is up 19% within the last week, while Pepe and Shiba Inu have shot up 10%. The market is hovering on the $109B 24-hour trading volume, with Ethereum dominating 11.9% of the worldwide crypto market.
But there’s one other factor that would 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 can begin trialing NFT tourist cards in Q3 and Q4 2025 to draw the youth.
Visitors will receive various advantages like travel subsidies and discounts, which might be encoded within the blockchain for added security.
The utility of NFT tourist cards can’t be underestimated, either. It’s the proper mix of practicality, accessibility, and crypto magic.
Jeju Island is one of the forward-thinking countries when it comes to crypto adoption. In March 2024, officials were discussing how one can implement the blockchain and NFTs into the country’s economy.
On account of this approach, the variety 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 take into consideration.
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 since it introduces the Vote-to-Earn mechanism. For those who’re acquainted with the Play-to-Earn concept, this is comparable.
$FLOCK holders can gain passive $FLOCK rewards by participating within the ecosystem’s DAO and voting on key decisions.
Dubbing itself as ‘the longer term 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 potential long-term rewards are partly why Flockerz is receiving a lot 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 newest details about its development.
Utility Coins are Carving Out a Area of interest, and It’s Good. Very Good
Do you realize what the crypto industry needs greater than the rest? Crypto projects that innovate and produce 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 personal research about projects you select to take a position in, as volatility could be very high within the industry, and never all meme coins make the cut.