If you’re looking for the next ‘moon potential’ meme coin, check out the Solciety presale. Over $1.1 million has been raised, with high-risk investors snapping up the discounted entry price.
It takes minutes to invest on Socliety – read on to buy Solciety tokens at the best presale rate. We also explain how Solciety works and whether it has the potential to explode in 2024.
Solciety Token Key Points
Consider the following key points before buying Solciety tokens:
- PolitiFi Token: In a nutshell, Solciety sits within the Political Finance (PolitiFi) niche. This is one of the fastest-growing crypto markets in recent months. It claims to be the ‘Political Party of the Degen’. It uses cartoon-styled artwork throughout its website, including images of Donald Trump, Elon Musk, and Changpeng Zhao.
- No Intrinsic Value or Use Cases: Like most PolitiFi tokens, Solciety has no intrinsic value or use cases. Its price will rise or fall based on speculation rather than anything tangible. Even so, tokens with similar concepts have seen huge growth this year, which is why the Solciety presale has already surpassed $1 million.
- Presale Investment: Solciety is a presale investment. This means you can buy its native token, $SLCTY, before they’re added to exchanges. Not only will you get a discounted entry price, but you’ll also be investing before the broader markets. The Solciety presale accepts some of the best altcoins, including ETH, SOL, BNB, USDC, and USDC.
- Tokenomics: Solciety has created 10 billion $SLCTY tokens. 30% will be sold during the presale event. The balance will be used for marketing (20%), liquidity (17%), treasury (15%), rewards (10%), partnerships (5%), and the DEVs (3%). A SolidProof audit has confirmed these tokenomics.
How to Buy Solciety ($SLCTY): A Beginner’s Guide
We’ve covered the basics, so read on for our beginner’s guide to buying Solciety tokens.
Step 1: Set Up a Compatible Wallet
The Solciety presale requires a crypto wallet, not only for completing the investment but also for storing $SLCTY tokens. When you’re ready to sell, you’ll connect the wallet to a decentralized exchange.
One of the best crypto wallets for the Solciety presale is Best Wallet.
This is because:
- Best Wallet is free, simple to use, and trusted by thousands of investors
- It’s compatible with mobile devices via an Android/iOS app
- It supports most coins accepted by the Solciety presale, including ETH, USDT, USDT, and BNB
- It offers non-custodial storage, so you’ll own and control the $SLCTY tokens completely
Here’s what you need to do:
- Visit the Best Wallet website. Download the Best Wallet app for Android or iOS.
- Open Best Wallet and create a new wallet. This will generate a new, unique wallet address for your account.
- Choose a secure PIN and set up a fingerprint ID.
- Carefully write down the recovery passphrase. It consists of 12 words that must be written in the order shown—otherwise, it won’t work.
Step 2: Fund Your Wallet with Supported Crypto
Your crypto wallet must be funded with an accepted presale coin.
Here’s a list of options:
- Ethereum Network: ETH, USDT, USDC
- BNB Chain Network: BNB, USDT, USDC
- Solana Network: SOL, USDT, USDC
Best Wallet offers an in-built fiat payment facility. This means you can buy most of the above coins with a credit card, e-wallet, or bank transfer.
So, go to the ‘Buy’ section on Best Wallet and select your local currency. Select the coin to buy, the amount, and the preferred payment type. We’ve opted for purchasing ETH on the Ethereum network in the above example.
Note: Due to anti-money laundering regulations, fiat money payments require ID verification documents. This is known as the KYC (Know Your Customer) process. Just upload a passport or driver’s license, and the document should be verified instantly. After that, you can buy coins on Best Wallet without any questions or further checks.
Step 3: Connect Wallet to the Presale Website
Visit the Solciety website, which is where the presale event is being held. You will immediately see the presale dashboard. Choose the network (e.g., Ethereum) and the coin (e.g., ETH) you’re using to invest in the presale.
Then, click on ‘Connect Wallet’ followed by ‘WalletConnect’. This will generate a QR code. Open the Best Wallet app and find the WalletConnect button. Take a photo of the QR code to connect Best Wallet to the presale website.
Step 4: Complete Solciety Presale Investment
So, the final step is to choose your investment amount and confirm the order.
You can type in the investment size in the ‘You Pay’ box. We’ve entered 0.03 ETH, which will get us 43,423 $SLCTY tokens, based on the current presale price of $0.002289.
Now open Best Wallet to check and verify the investment. The ETH (or whichever coin you’re using) will then be transferred to Solciety’s presale wallet.
What Is Solciety?
Solciety is a new crypto project that covers two trending niches—meme coins and PolitiFi. It’s inspired by other popular PolitiFi tokens, such as MAGA and Doland Trump. However, Solciety isn’t specifically based on any US politicians. Instead, it claims to be the ‘Political Party of the Degen’.
Even so, there are several images of Donald Trump on the Solciety website. This is in addition to Elon Musk, Changpeng Zhao, Vladimir Putin, and Vitalik Buterin. Other than a ‘meme maker’, Solciety doesn’t offer any unique concepts or use cases. It’s a pure meme coin investment fueled by speculation and greed.
Nonetheless, the ongoing Solciety presale has raised more than $1.1 million so far. Its native token, $SLCTY, is currently selling for just $0.002289, making it one of the cheapest cryptocurrencies to buy. The presale is currently in stage 5 of 15, and the price increases as each stage concludes. $SLCTY will be listed on exchanges shortly after the presale ends.
Why Buy Solciety?
Here are some of the reasons why Solciety could be a good addition to your meme coin portfolio:
- Presale Investors Get the Best Price: Investing in the Solciety presale ensures you get the lowest cost price possible. As mentioned, the presale is currently in stage 5, so you’ll pay $0.002289 per token. The price will rise to $0.002357 in stage 6 and continue rising until the presale ends. Therefore, securing the best entry price requires an early investment.
- Early Signs are Promising: It’s challenging to predict whether a presale like Solciety will blow up or simply fade once the hype dies down. That said, the early signs are promising. Not only has the presale surpassed $1.1 million in funding, but its social channels are growing. This includes over 11,000 X followers and over 10,000 Telegram members.
- Meme Creator for Sharing X Posts: Solciety’s meme creator is nothing new – similar products are offered by many other projects. However, the meme creator automatically shares posts on X, with the Solciety page and website automatically tagged. This can help Solciety increase its exposure without spending a cent from the marketing fund.
- Suitable for All Budgets and Risk Profiles: While Solciety is a high-risk meme coin, its presale hasn’t implemented a minimum investment requirement. This means anyone can invest no matter their budget or risk profile. Moreover, considering the low token price, even $10 gets you over 4,000 $SLCTY.
The Solciety Price Prediction – What Is $MGMES Potential?
Making an accurate Solciety price prediction is no easy feat. The Solciety website doesn’t provide all of the necessary details, such as the hard cap target, estimated market capitalization, or the final presale price.
Nonetheless, we know that the current presale price is $0.002289 and that over $1.1 million has been raised so far. 30% of the token supply has been allocated to the presale. So, considering there are still 10 stages to go, let’s say the final presale raise is $4 million.
This would give Solciety a fully diluted market capitalization of about $13.3 million. This would provide plenty of room for growth once the tokens begin trading on exchanges. What’s more, the US election is approaching, so PolitiFi tokens are expected to perform well. However, there’s no guarantee this will be the case.
Many PolitiFi tokens have launched in recent weeks, so the market is becoming oversaturated. Ultimately, until we know the final presale raise and price, we can’t say with any certainty what the initial valuation will be. It’s best to set realistic targets based on your entry price and risk tolerance.
Conclusion
Solciety is a trending meme coin doubling up as a PolitiFi token. It’s done well to raise over $1.1 million in presale funding, considering there are still 10 stages to go.
However, while Solciety could generate returns, we’d suggest exploring what else is out there. Unlike Solciety, some of the best presales right now offer something unique, meaning they have a greater chance of success.
FAQs
What is Solciety?
How to invest in a Solciety ($SLCTY) token?
References
- Solciety Whitepaper (Solciety)
- Solciety Smart Contract Audit (SolidProof)
- Trump Became Crypto Believer After Falling in Love With NFTs of Himself (Bloomberg)
- Top PolitiFi Coins by Market Cap (Coingecko)
Kane Pepi
EditorKane Pepi is an accomplished financial and cryptocurrency writer who has an extensive portfolio of over 2,000 articles, guides, and market insights. With his expertise in specialized subjects such as asset valuation and analysis, portfolio management, and financial crime prevention, Kane has built a reputation for providing clear explanations of complex financial topics. He holds a Bachelor's Degree in Finance and a Master's Degree in Financial Crime, and is currently pursuing his Doctorate degree, which focuses on investigating the complexities of money laundering in the cryptocurrency and blockchain technology sectors. Kane's wealth of knowledge and experience in the field make…
