đ Solana Meme Coins Crash While This Hot New Crypto ICO Rakes in Millions â Your Next Big Play?
Solana's meme coin mania hits a wallâjust as a disruptive new crypto project storms the presale arena. Here's why traders are flipping the script.
Meme coins bleed out as smart money moves
SOL-based joke tokens tank 30% in a week while this low-cap gem's ICO clears $15M in record time. No fluff, no dogsâjust institutional-grade tokenomics that even VCs can't ignore.
The presale pumping against the trend
Forget 'wen lambo'âthis protocol's solving real DeFi pain points with atomic swaps that bypass CEX bottlenecks. Early backers get tiered APY before the inevitable exchange listings.
Bottom line: When the market zigs, zag. This might be the last alpha leak before the token goes parabolicâassuming the team doesn't pull a 'rug pull' like that last 'can't miss' project (looking at you, Squid Game token).
Solana Could Drop Below $140 as DEXs Book 7.7% Drop in Weekly Volumes
Solana decentralized exchanges (DEXs) have experienced a 7.7% drop in weekly trading volumes as interest in meme coins has been waning.
However, these platforms have been pushing forward new initiatives to keep meme coin traders engaged. For example, Raydium recently presented LaunchLab, a Pump.fun-like solution that lets users create meme coins seamlessly with just a few clicks.
This Solana-based DEX announced this week an incentive program that will distribute rewards of up to 100,000 RAY per week to eligible meme coins created through this solution. This kind of initiative will keep strengthening Solanaâs reputation as the home of this token.
The daily price chart for solana (SOL) shows that the token has bounced off the $140 support level temporarily for the fourth time. This indicates significant interest from buyers to scoop up the token at this level.
However, the tokenâs short-term exponential moving averages (EMAs) are still on a downtrend.
For now, the key resistance to watch is the $155 area. A move to this level could mark the beginning of some sort of recovery for Solana, but only a bullish breakout WOULD confirm a trend reversal.
The marketâs bearish momentum has not slowed down the pace at which the best crypto presales like Bitcoin Hyper (HYPER) are raising capital. This Bitcoin layer-2 protocol has raised more than $1 million from investors less than a month after its presale kicked off.
Bitcoin Hyper Unlocks the Potential of Bitcoinâs DeFi Ecosystem
Bitcoin Hyper (HYPER) leverages the power of the Solana VIRTUAL Machine (SVM) to foster a new era for BTCFi.
This project is designed to receive BTC tokens in a canonical address that will be monitored 24/7 by a bitcoin bridge.
Decentralized apps (dApps) that offer liquid staking, yield farming, lending, payments, and other similar services can now be built on this L2, allowing users to generate passive income from their BTC tokens safely.
Once this project becomes widely adopted and promoted by top wallets and exchanges, the demand for $HYPER will skyrocket.
To buy this token at its discounted presale price of $0.01195, head to the Bitcoin Hyper website and connect your wallet. You can either swap USDT or ETH or use a bank card to make your investment.
Buy Bitcoin Hyper Here
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