DeSoc Raises Over $10 Million In Weeks As New Social Media Platform Could Overtake Dogecoin And Litecoin

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DeSoc's Presale Signals Strong Demand for User-Centric Social Network

DeSoc's presale has surpassed $10 million within weeks of its launch, indicating significant interest in a social network that prioritizes user rewards over traditional advertising models. The SOCS token fuels on-chain content rewards, governance voting, and premium access tiers, as detailed in the project's whitepaper.

By anchoring every like, share, and comment on the Ethereum blockchain, DeSoc aims to empower creators with economic control over their content while fostering community-driven growth. Let's delve deeper.

DeSoc's $10 Million Surge: A Glimpse into the Future of Social Media

DeSoc is emerging as a compelling opportunity in the decentralized social media space. This platform seeks to redefine global interaction, particularly within the centralized social media landscape.

The ongoing presale's success, raising over $10 million, is attributed to its ambitious vision and well-structured tokenomics. DeSoc has allocated 45% of its 3 billion SOCS supply to a multi-phase token sale, designed to align incentives and mitigate the risk of large-scale sell-offs. According to DeSoc's dashboard, this milestone was achieved in the weeks following the presale launch.

Key presale features include:

• Cross-Chain Syndication: Posts are anchored on Ethereum while being syndicated to platforms like Twitter and Facebook.
• Engagement Rewards: Users earn SOCS tokens for likes, comments, and view time, bypassing traditional advertising revenue models.
• Token-Gated Communities: Creators can set minimum SOCS token balances for access to exclusive groups.
• Quadratic Voting: This mechanism aims to reduce the influence of large token holders, allowing smaller holders to have a greater impact on protocol upgrades.

Every token transfer is auditable on Ethereum explorers, enhancing transparency and trust. The whitepaper outlines clear vesting schedules for team and advisor allocations, ensuring that SOCS remains focused on organic community growth. As DeSoc deploys its testnet, participants will witness how token incentives encourage the creation of high-quality content and support decentralized decision-making.

Dogecoin's Latest Rally Shows Resilient Community Demand

Dogecoin has experienced a surge of over 36% in the past 30 days, climbing to over $0.24, as institutional buying tripled volume. This reflects growing corporate adoption of meme coins as treasury diversifiers amid persistent global uncertainty.

Monthly performance has been even more striking: DOGE led the memecoin sector with a 77 % gain in July, its best monthly return since early 2021. On‑chain data shows daily active addresses rising steadily, indicating not just speculative trades but real user engagement.

Technical setups remain bullish. Dogecoin repeatedly retests its channel top on the daily chart, indicating a strong likelihood of further upside if it sustains a price above the resistance level around $0.285. Whale wallets have increased holdings by 3% over the past week, underlining confidence among large players that DOGE still has room to run.

Litecoin Gains Steam Through Institutional Adoption

Litecoin is currently trading at $110 with a 24‑hour trading volume of $1.26 billion, up over 5 % over the past week, outperforming many smart‑contract platforms in a broadly flat market. This uptick comes as developers prepare a MimbleWimble extension, promising enhanced privacy features when activated later this quarter.

Institutional demand is surging. NASDAQ‑listed MEI Pharma announced it added LTC to its treasury, allocating $100 million in Litecoin as part of its strategic reserves. This move underscores growing confidence in LTC’s role as “digital silver” among corporate balance sheets.

Network health data supports this momentum. Litecoin’s hash rate recently hit a record high of 933.2 TH/s, reflecting robust miner participation and security. Meanwhile, the upcoming halving event slated for early 2026 will further reduce block rewards, potentially tightening supply and fuelling price pressure.

Social-DeFi Momentum Begins To Challenge Established Crypto Giants

DeSoc's successful fundraising and the convergence of meme-coin communities highlight a broader trend towards user-owned networks. When creators are rewarded with SOCS for every interaction and maintain control over their data, social media evolves from an ad-driven platform into a value-sharing ecosystem.

The continued strength of Dogecoin and Litecoin's institutional support demonstrate that established tokens still hold significant influence. However, projects like DeSoc are pioneering a new frontier: social-DeFi platforms that combine community governance with practical utility.

The intersection of these ecosystems will determine whether DeSoc can surpass established meme coins by offering both economic incentives and democratic control, ushering in a new era of blockchain-powered social media.