Solciety, a new Solana meme coin, is set to launch in a 30-day presale on June 18.

The SLCTY token will be offered in 10 stages starting at a discounted price of $0.000963.

The presale will offer 30% of the token supply, with 3 billion tokens available.

The launch aims to create a political party of the Degen era and offers a Meme Campaigner tool for users to create their own meme coins.

There is a risk of loss in investing in Solciety, so efficient risk management is advised.

Solana's native token SOL is currently facing price hurdles, with a 5.40% drop in the past 24 hours to around $146.

SOL is trading below the 100-day SMA, with market analysts closely monitoring its price movements.

Expert opinions suggest potential further drops if SOL breaks below the $140 support level, but a rise if it breaks above the $160 resistance level.

Despite uncertainties surrounding SOL's future, Solciety's launch represents a fusion of political engagement, meme culture, and blockchain technology on the Solana network.