š Solana Meme Coins Skyrocket as Iran-Israel Tensions Cool ā Hereās Why Traders Are FOMOing In
Geopolitical calm meets crypto chaos. Solana's meme coin ecosystem just erupted after the Middle East ceasefireāproving once again that digital assets move faster than diplomats.
The meme coin pump: Speculation or sustainable?
SOL-based joke tokens ripped double-digit gains within hours of the peace announcement. No fundamentals changedājust risk appetite returning faster than a hedge fund bonus cycle.
Why Solana? The degenerate's choice.
Cheap transactions + high leverage = perfect conditions for traders playing hot potato with cartoon dog tokens. Ethereum maximalists are seething.
This is crypto's real use case: converting geopolitical whiplash into trading volume while traditional markets still draft press releases. The ceasefire may holdābut meme coin volatility never sleeps.
Solana Recaptures Key Support After Cease-Fire
Solana has bounced off the $126 level even though the U.S. officially entered a war with Iran after bombing three of its most important nuclear research and enrichment facilities.
Meanwhile, the price was boosted after Iranās retaliatory MOVE on Monday and was further propelled after President Trump announced the cease-fire.
These geopolitical events have catalyzed a strong recovery for SOL as it bounced above the $140 key support that had previously pushed the asset to its local highs of $185.
Trading volumes have been above the average in the past two days, while the price seems to have been consolidating this morning ahead of the beginning of the American session.
The Relative Strength Index (RSI) shows signs of an early recovery as it has moved above the 14-day moving average. However, the short-term EMAs are still standing well below the 200-day EMA.
Until that happens, this could still be considered a mini ābear market rallyā that could end up pushing SOL to $110.
Meanwhile, identifying the best meme coins before they become popular has produced life-changing wealth for hundreds of investors. However, is that possible without insider knowledge?
A new crypto presale called Snorter (SNORT) allows traders to leverage the power of a sophisticated trading bot to snipe the best meme coins across multiple chains, including Solana.
Snorter (SNORT) Offers Low Commissions and Scam Protection Features for Traders
Snorter (SNORT) is a Solana-based trading bot designed to discover hidden gems within this networkās popular meme coin ecosystem.
These tokens offer significant upside potential to early buyers. A few examples include Fartcoin (FARTCOIN) ā a meme coin that came out of nowhere and took over the 7th spot among the most valuable assets in this category, with a market cap exceeding $1 billion.
Snorter offers low commissions to traders, no front-running, protection against scams like rug pulls, and multichain support for ethereum and BNB Chain.
The demand for $SNORT will skyrocket once the bot starts to deliver its first positive results. Hence, early buyers will reap the highest upside potential by taking advantage of this tokenās
To buy $SNORT, simply head to the Snorter website and connect your wallet. You can either swap USDT or ETH for this token or use a bank card to invest.
Buy Snorter HereThe post Crypto News Today: Solana Meme Coins Explode After Iran-Israel Cease Fire appeared first on icobench.com.