You know it's a good day when ethereum turns green.
With gains of 6.9% in the last week, <a target="_blank" href="https://coinmarketcap.com/currencies/ethereum/” target=”_blank” rel=”noopener nofollow”>$eth is consolidating and looking to test the $3.7K resistance point.
If it breaks above $3,800, we could soon see a move above $4,000. Another movement in favor of cryptocurrencies is the initiative of the Korean island of Jeju to create nft tourist cards to attract young people.
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 current crypto climate could boost meme coins further and how $FLOCK could take advantage of the next bullish wave.
ethereum Technicals Are Greener Than Grass
The second most valued cryptocurrency is making a comeback after falling below $3,300 just before Christmas.
It is currently at $3,647, a gain of 6.9% over the past week. If the bullish momentum continues, $eth could settle above $3,700, which is a key resistance level.
<img data-recalc-dims="1" decoding="async" class="aligncenter wp-image-360966" src="https://bitcoinist.com/wp-content/uploads/2025/01/ethereum-performance-analysis.png?resize=700%2C222″ alt=”ethereum performance analysis” width=”700″ height=”222″ srcset=”https://bitcoinist.com/wp-content/uploads/2025/01/ethereum-performance-analysis.png?w=1999 1999w, https://bitcoinist.com/wp-content/uploads/2025/01/ethereum-performance-analysis.png?w=640 640w, https://bitcoinist.com/wp-content/uploads/2025/01/ethereum-performance-analysis.png?w=768 768w, https://bitcoinist.com/wp-content/uploads/2025/01/ethereum-performance-analysis.png?w=980 980w, https://bitcoinist.com/wp-content/uploads/2025/01/ethereum-performance-analysis.png?w=1536 1536w, https://bitcoinist.com/wp-content/uploads/2025/01/ethereum-performance-analysis.png?w=750 750w, https://bitcoinist.com/wp-content/uploads/2025/01/ethereum-performance-analysis.png?w=1140 1140w” sizes=”(max-width: 700px) 100vw, 700px”/>With bitcoin aiming for $100,000 again, ethereum could be looking to break above $4,000, and this is very favorable for meme coins, especially ERC-20 tokens.
Dogecoin is up to 19% in the last week, while Pepe and shiba inu They have shot up 10%. The market is around $109 billion in 24-hour trading volume, with ethereum dominating 11.9% of the global crypto market.
But there is another factor that could boost cryptocurrencies even further.
Korea's Jeju Island to introduce nft tourist cards
Innovation and utility are essential for cryptocurrencies. They alone drive adoption and investor interest and put cryptocurrencies on the map.
Recently, Jeju Island in Korea (a tourist spot) announced that start testing nft tourist cards in the third and fourth quarters of 2025 to attract young people.
Visitors will receive various benefits such as travel subsidies and discounts, which will be encrypted on the blockchain for added security.
The usefulness of nft tourist cards cannot be underestimated either. It's the perfect combination of practicality, accessibility and crypto magic.
Jeju Island is one of the most forward-thinking countries in terms of cryptocurrency adoption. In March 2024, officials were discussing how to implement blockchain and nft in the country's economy.
Due to this approach, the number of South Korean cryptocurrency users <a target="_blank" href="https://cointelegraph.com/news/south-korea-crypto-holders-15-million-2024trump-election-boost” target=”_blank” rel=”noopener nofollow”>jumped by 610K in November 2024 to 15.6 million dollars. Around 30% of the South Korean population is aware of cryptocurrencies, which is surprising to think about.
This move should have a positive impact on the cryptocurrency market, especially utility-based meme coins innovating the industry, like Flockerz.
First Vote-to-Win Meme Coin Raises $8.9 Million in Pre-Sale
Flockerz ($FLOCK) It is a unique meme coin because it introduces the mechanism of voting to win. If you're familiar with the Play to Win concept, this is similar.
$FLOCK holders can earn passive $FLOCK rewards by participating in the ecosystem DAO and voting on key decisions.
Flockerz, which calls itself “the future of decentralization” and “the people's meme coin,” has raised $8.9 million in pre-sales, with a token price of $0.0066351.
Traders have also staked over 586 million $FLOCK tokens with a staking APY of 307%. The potential long-term rewards are part of the reason Flockerz is getting so much attention.
The project's smart contract was also audited by Solid proof and Co-consultand no risks were identified.
Read $FLOCK white paper and pay attention to your <a target="_blank" href="https://x.com/FlockerzToken” target=”_blank” rel=”noopener nofollow”>channel x for the latest information on its development.
Utility coins are finding a niche for themselves and it's a good thing. Very good
Do you know what the crypto industry needs more than anything else? Cryptographic projects that innovate and provide something useful.
Our research shows that Flockerz is just that. Investors are already flocking to this pre-sale and we estimate that today it will exceed the pre-sale increase of $9 million.
As usual, do your own research on the projects you choose to invest in, as volatility is very high in the industry and not all meme coins pass the test.
