Flockerz Token Hype Surges Amid $583M VC Investments Focused on Crypto Infrastructure

Share This Post

Last month, crypto startups received hefty funding boosts, nearly garnering an impressive $800M through VC investments. 

Among those, a whopping $583M was granted to crypto startups developing crypto-related infrastructure, contributing to utility-based presale tokens like Flockerz ($FLOCK) to gain notable traction. 

According to DefiLlama data, this marks the fourth-highest financial support this year – albeit an 8% drop from October’s figures. 

Trump’s Election Win Fuels Crypto VC Investments

Investor confidence spread throughout the crypto realm before and after Donald Trump, the self-proclaimed ‘crypto president,’ was elected US president-elect.

The outcome boosted Bitcoin to hit ATH after ATH and edge past its highly anticipated $100K milestone. 

As usual, when Bitcoin rises, other crypto projects follow. This time around, those with actual use cases are the ones garnering the most attention. 

DeFi Firms Receive $128.2M Capital Injection 

The lion’s share of last month’s funding went to blockchain-based projects, mainly in the decentralized finance (DeFi) and Web3 gaming arenas. 

DeFi companies received an additional $128.2M in capital last month, a 31% increase from the previous month. USDX Money (the issuer of a US dollar-pegged stablecoin) collected $45M, the most significant funding in this sector, led by the major VC firms BAI Capital and NGC Ventures. 

Meanwhile, in the blockchain gaming industry, Monkey Tilt headed the field, securing $30M from Pantera Capital to enhance its online crypto-gambling platform. Zero Gravity Labs was also among the heavyweight recipients, securing $40M to boost the development of its decentralized AI operations system. 

$FLOCK Garners $5.8M+ on Presale 

Amidst the hype, crypto token sales are also proving fruitful. $FLOCK, the bedrock of the distinct vote-to-earn platform Flockerz, has captured over $5.8M on presale.

Key factors that $FLOCK holders can vote on include: 

  • New features
  • Marketing strategies
  • Project development
  • Token burns
  • Expansion plans

In addition, $WLFI raised $30M from Justin Sun (Tron’s founder) alone. Since its initiation, it has raised over $20B. Like Flockerz, it also grants governance rights, but in Donald Trump’s DeFi platform, World Liberty Financial. 

2025 Looks Rosy for Utility-Based Crypto Ventures

As 2024 draws to a close, crypto projects with actual utility are coming out on top, witnessing impressive financial influxes nearing $800M to enhance their frameworks. 

Amid the investments, there’s an increased focus on governance tokens like $WLFI and $FLOCK. This highlights investors’ desire for decision-making power, rewards, and community engagement. 

As crypto developers and investors pin their focus on new and innovative utility and community-driven projects, 2025 looks rosy for those with sustainable and scalable solutions. Not just ones that primarily rely on speculative hype for success. 

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Trump’s inauguratie: gaan bekende crypto’s stijgen of start nieuwe crypto crash?

Volgende week maandag, 20 januari, neemt Donald Trump opnieuw plaats in het Witte Huis Volgens velen is dit positief voor de crypto markt, maar er wordt ook gespeculeerd over een nieuwe crypto crash

PEPE Price Rebound Might Be Underway — Here’s The Target

The meme coin market was not spared from the general downturn that swept the crypto sector over the past week PEPE’s price slump was among the most concerning events in the market during the

Chile Orders World to Erase Biometric Data of Teenager

The Supreme Court of Chile has ordered World to erase all records of the biometric data of a 17-year-old teenager According to the court, several constitutional rights were violated by World’s

Chainlink Forms A Daily Bullish Pattern – Top Analyst Eyes Breakout To $30

Chainlink has faced significant selling pressure recently, experiencing a 22% drop from its local supply zone to test crucial demand around the $20 mark Despite this decline, market sentiment

UK Court Rules Hard Drive Containing Over $700M in Bitcoin Belongs to Newport City Council

A UK court rejected a lawsuit by James Howells seeking to force Newport City Council to allow him to search a landfill for a lost hard drive containing bitcoins Claim Lacks Realistic Prospects of

Ripple Eyes Major Exchange Listings for RLUSD: Are Coinbase and Binance Next?

Ripple is doubling down on RLUSD’s growth, eyeing major exchange listings like Coinbase, leveraging regulatory approval, and betting on institutional demand to dominate the stablecoin market