How to Buy Choc ($CHOC) on Presale – Easy Guide

Eric Dunne

Last updated: June 26, 2024, 08:58 EDT | 9 min read

Choc ($CHOC) is a unique memecoin that blends the quirky image of a meme with a bar of chocolate to give investors access to a sweet asset that will offer rewards even during the presale.

With an interesting tokenomics designed to create a long-term project, Choc ($CHOC) could become one of the biggest meme token hits this year. This guide covers how to buy Choc coin easily in 2024.

How to Buy Choc

It also explores its tokenomics and other upsides that make it a “sweet” investment for both short-term gain seekers and long-term investors.

Choc Overview

Here are all the details to know about this memecoin:

Solana-based Memecoin – Choc ($CHOC) is a Solana-based memecoin, but probably the first in the food genre. The imagery given on the website implies its similarity to Spongebob Squarepants, which probably has to do with the mascot’s square shape.
Presale Prizes – One of the most interesting aspects of this presale project is that it is offering prizes to presale investors. These range from SOL tokens to a Tesla Model S Plaid. This “presale-based” reward model indicates that devs may have bigger plans for this ecosystem.
Independently Audited – Another key highlight of this ecosystem is that its smart contract is independently audited. This further will add more legitimacy to this project.
Strong Community Focus – Choc’s tokenomics gives more power to the community. However, more than enough tokens are dedicated to project development, making it seem like more future-focused use cases will arrive.
Strong Social Media Following – Choc already has a strong social media following. Its Twitter account already has upwards of 27,700 followers, and more than 65,000 people have already joined its Telegram channel. It indicates a strong social presence ahead of its presale.

Visit Choc

How to Buy Choc – Step-by-Step Guide

Choc is a presale token, which means it has yet to land on cryptocurrency exchanges.

Investing in Choc via the ongoing crypto presale will give users early moving opportunities. The tokens will be accessible at a discounted price, and the listing pump will offer early adopters hefty returns.

With that said, here are the steps to participate in the Choc presale.

Step 1 – Get a Solana Compatible Wallet

To participate in the presale, investors need to connect their wallets first. Since Choc is a Solana-based memecoin, it requires a Solana wallet. While SolFlare is an obvious option, wallets like Coinbase Wallet, Best Wallet, or MetaMask can also be good alternatives.

Downloading the wallet is simple. Users can either stick to standard desktop downloads via app or extension or use a mobile app. Mobile users will have to interact with the widget using “WalletConnect,” which will offer a QR code that needs to be scanned to participate in the presale.

metamask crypto wallet

For example, MetaMask is often considered the best option because of its ease of use, security, and popularity. Go to the official MetaMask website to download, set the passphrase, and keep it safe.

Step 2 – Buy SOL, ETH, or USDT

$CHOC tokens can be bought using SOL, ETH, or USDT. Therefore, buy one of these assets after downloading the wallet to start the process.

Since these three are among the most popular cryptocurrencies, nearly all platforms support them. However, we recommend using Coinbase because its inclusive fee and interactive platform make buying crypto simple.

Step 3 – Go to the Official Website and Connect your Wallet

The next step is to go to the official choc.meme website and click on the “Connect Wallet” button. Connect the wallet and enter the amount of SOL, USDT, or ETH you want to swap for CHOC tokens.

Choc Token

Step 4 – Buy CHOC

Confirm the transaction, and reconnect with the presale widget using the same wallet to claim your tokens after the presale concludes.

Visit Choc

Does Choc Offer Staking?

As of writing this article, no staking pool is available on Choc. However, considering how active the platform’s social media is and how inclined Choc is towards rewarding investors, it is likely that long-term holding perks will be added in the future.

If Choc follows the same traditions as other crypto presales have done so far, we may see a “Buy and Stake” option emerging, allowing players to buy and stake their tokens simultaneously.

That said, adding staking would also alter the project’s tokenomics since none of the tokens have been assigned for long-term holding in their current form.

What is CHOC?

Choc is a Solana-based memecoin portrayed by a quirky image of sentient chocolate. With some of him already bitten, this chocolatey character has been portrayed as a confused fellow.

What is Choc

However, the official whitepaper does describe Choco as a sweet gem, which hints at the token’s potential to be a valuable asset on the Solana blockchain.

The standout utility of this token is the presale itself. In addition to getting early moving opportunities, presale investors will also get many prizes.

Choc Presale Prizes

Choc has implemented a ranking mechanism to dispense prizes. These ranks will be determined by the number of tokens bought.

Buyers who secure 101st to 200th places will get an SOL token for each.
Buyers who secure 51st to 100th positions will get a Playstation 5.
Buyers who secure 21st to 50th positions will get an iPhone 15 Pro Max.
Buyers who secure 2nd to 20th position will get a Macbook Pro.
The top buyer will get a Tesla Model S Plaid.

None of these prizes are cheap, indicating that the developers have ample confidence in this project. More details about this project will be revealed once the presale is in full swing, and considering the massive following the project already has, it is likely that this ICO may conclude earlier than expected.

What Does Choc’s Tokenomics Look Like?

Choc Tokenomics

Choc has a total supply of 999,999,999,999 tokens. Here is how this total supply is being distributed:

Presale – 50% of the total supply has been dedicated to the presale, allowing early investors to make gains that would eventually come after listing. Choc has already planned to list on major cryptocurrency exchanges. Furthermore, this initial funding will also be used to create a solid foundation for the project.
Project Funds – 20% of the total supply is allocated for project funds. That means the addition of new use cases within the ecosystem. Since Choc is designed as a community-centric project, these funds could bring games or other unique perks to bolster Choc’s engagement levels.
Liquidity – 15% of the total supply will be allocated to liquidity to stabilize the Choc economy.
Marketing – 15% of the total supply will be allocated for marketing. Expect more memes and more social media posts to arrive on Choc’s Twitter and Telegram. Furthermore, Solana-based airdrops may also be added into the mix to make the presale experience more exciting.

An Assessment of Choc’s Presale

Choc’s presale has just arrived, and with it, investors can grab early adoption opportunities before the token goes live on a decentralized exchange. One of the FAQs on the official website specifies that Choc will probably go live on leading exchanges as well.

CHOC

Choc’s exposure on mainstream exchanges means immediate upsides for early investors, as most meme coins experience massive surges once they go live.

Adding to that is the appeal of Choc’s image. The image of a sentient chocolate with a rather quirky look is very comedic. So, memes could boost interest in this presale project.

Adding a reward system is unique, making the presale perks more tangible. Macbooks and iPhones are massive prizes of great value, and getting them during the presale means that the race will be on to grab the most tokens to secure one of the top spots.

Investing in the presale is only possible through Solana, Ethereum, and Tether tokens. The lack of fiat support may insulate some investors. However, it also means that only the most serious degens will find Choc appealing, adding to its potential to become a viral asset.

The token has a hard cap of 70,000 SOL and has already established a minimum deposit requirement of 0.1 SOL. Its official Twitter page will provide more updates about the presale.

Hard cap: 70,000 SOL

20% bonus for the first $3 million in purchases

Minimum purchase: 0.1 SOL

For more information, please visit our homepage.

Don't miss out on this delicious opportunity!

— choccoin (@chocmemecoin) June 26, 2024

For now, the FAQ section of the official Choc website reveals that the presale might have three to four stages.

The first will likely be capped at $3 million, and the second will be capped at $5 million. At each stage, early buyers will receive a bonus.

20% for the first $3 million in purchases
15% for $3 million to $5 million in purchases
10% for more than $5 million

Is Choc a Good Investment?

Choc has arrived as a meme coin asset that doesn’t exposit much about any long-term utility right now. However, as more details about this project come to light, we can also make a suitable price prediction for this token. That being said, as it stands now, the project has many merits that make it a suitable buy for most investors.

Solana Memecoin Narrative

Choc is riding the wave of the Solana meme coin narrative. Solana meme coins have experienced massive price actions since the third quarter of 2023. Even though there have been some downtrends occasionally, the community is still interested.

Solana logo

Choc can leverage this interest to grow in value with time.

Presale Rewards

Choc stands out from the rest as a major crypto presale thanks to its unique presale model. While the full scope of the presale is yet to be revealed, the reward system makes this project interesting. With large prizes such as iPhones and Macbooks on the line, there is no doubt that many investors may rush to the official website to buy the most amount of $CHOC tokens.

This will give the presale the initial boost it needs. As tokens go off the shelves earlier than expected, which is a possibility, we may see Choc undergo a massive pump once it makes its debut on a decentralized exchange.

Future Developments

While most meme coins create an air of doubt around themselves, Choc stands out by providing large prizes irrespective of how it will perform after landing on cryptocurrency exchanges.

Large rewards suggest that some financial powerhouses may be backing up this project, which means it can undergo some drastic developments in the future.

Massive Social Media Presence

Choc is not one of those small meme coin projects that only focuses on minimum engagement. The project’s social media following is massive already. With over 65,000 members on Telegram and 27,000 followers on Twitter, it has already gained a lot of attention from the crypto community.

Conclusion

Sweets and memes might have been common on social media, but this combination is debuting on the crypto market for the first time. Choc also creates further possibilities thanks to its unique presale mechanism, which rewards early movers with massive prizes.

The presale has just arrived, and the minimum buy amount has been set to 0.1 SOL, which is equivalent to $0.026. The widget clearly shows that Choc will take a staged approach to its presale, which means the earliest buyers can gain the most benefits.

Those interested can visit choc.meme to participate in this presale.

Visit Choc

FAQs

What is $CHOC?

Choc ($CHOC) is the world’s first memecoin inspired by chocolate. Showcasing the image of sentient chocolate can add to its appeal.

Will Choc be listed on Tier 1 exchanges?

While it is too soon to tell about the future of Choc, the project’s developers have revealed that they plan to list CHOC on major cryptocurrency exchanges.