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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

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Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

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

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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. Flockerz ($FLOCK) is a new crypto token in presale. With its distinct vote-to-earn platform, Flockerz has already raised over $5.8M.

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.

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