The SEC has until September to fully approve spot ether ETFs, when the association’s presale begins in four days.

Key receivers

The SEC chairman has stated that the regulator will fully approve Ether ETFs by September.
The Solciety pre-sale will start in four days and will last for 30 days only.

SEC to fully approve Ether ETFs this summer

Securities and Exchange Commission Chairman Gary Gensler stated that applications to operate the Ether Spot ETF should be completed by this summer.

According to the SEC chairman, spot ether ETFs can start trading on authorized exchanges after they are fully approved. Thanks to this recent development, spot Bitcoin and Ether ETFs are now available to institutional investors.

What is Solcity?

As the broader crypto ecosystem records growth and attracts more institutional investors, new projects are emerging that are providing value to retail and institutional investors.

Memecoins have become attractive investment vehicles in the crypto space, providing services to both investors and consumers. While most Mem coins bear animal motifs, Society It brings something different to the game.

Solcity is a new PolitiFi meme. According to the development team, this meme coin has the only real-world currency attached to it: attention.

Solcity seeks to serve as a platform to spread the broken gospel across the Twitterverse.

What Solcity intends to do

As a development team, Society It offers Meme Campaigner, a tool that allows users to create their own meme coins. The tool provides users with more than 200 features, backgrounds and fonts.

Additionally, Meme Campaigner users can create and share memes on Twitter to earn points. Users get one point for each meme shared, the points are accumulated and the top ten users get presale tokens.

Funds raised from the pre-sale will go towards developing new devices such as Solciety's AR. The augmented reality device allows users to view their weird and wonderful memorabilia overlaid on the real world.

In the first quarter of 2025, Solcity plans to launch AI. AI leverages natural language programs to automatically generate captions and translate memes into other languages.

Solcity Tokenomics and Presale Information

of Society The development team revealed that the pre-sale will last for 30 days and has ten stages. Early investors will get the first step at a deeply discounted price of $0.000963.

The price of the SLCTY token increases every 72 hours, with early investors enjoying an impressive 125% price increase before the pre-sale ends.

According to Tokinomics, the presale will provide 30% of the supply with 3 billion tokens to early investors. 20% of tokens are allocated for marketing and 10% for community rewards and incentive programs. Finally, liquidity accounts for 17%.

Is SLCTY a Solana-based meme coin you should consider?

It's no secret that Solana is home to some of the leading meme coins in the world. Thanks to blockchain's transaction speed, security, and transparency, Solana is home to some of the crypto ecosystem's top meme coins and DeFi protocols.

Society It is joining this phase and memecoin investors are paying close attention. SLCTY is launching in the growing PolitiFi ecosystem and could record significant growth once it goes live on exchanges. Solcity is unique because it provides a utility to consumers. By allowing users to create their own meme tokens and share them on social media platforms, Solciety is promoting quality content creation and the Degen movement.

With the right level of adoption, SLCTY could become one of the leading meme coins on the Solana blockchain and beyond.