News
Could this new meme be 10 times the same as Solana’s other pre-sales?
New meme coins appear to have the same hype as Bitcoin in 2024. Stories of small investors becoming millionaires with a new meme coin are all too common in this bull market.
Just today, data from Guardaonchain reveals that one trader turned just over $8,000 into $1.2 million, achieving a stunning 144x return on investment.
All eyes are now on Sealana ($SEAL) Solana’s latest meme coin which is considered by experts as potentially the best cryptocurrency to buy now.
Sealana records notable pre-sale performance
The Sealana meme coin is still in the presale phase. However, this has not stopped the new token from impressing traders with its price potential. $SEAL has already raised nearly $300,000 in its ICO in less than a week, capitalizing on the insatiable demand for new Solana meme tokens.
Spotlight Wire Sealana’s request is unsurprising. Crypto whales and smart money traders love investing in meme coins that can make them laugh.
New investment thesis:
If it makes me laugh, I buy.
— pixel (@spacepixel) October 25, 2023
Sealana is cryptocurrency's favorite red seal who has only one mission: to find the next great Solana meme coin. She will complete this mission at all costs, even if she has to live in her mother's basement and eat a trader's diet of chips and canned tuna. This hilarious depiction of mascot Sealana, a lighthearted satire on the cryptocurrency trader stereotype, has caught the attention of meme coin enthusiasts. As a result, $SEAL pre-sales may see even higher demand in the coming weeks.
Crypto Influencers Are Bullish on $SEAL – The Next 10x Meme Coin?
The Solana meme coin pump is far from over. Indeed, Sol meme tokens remain highly correlated to the price of Solana. For example, analysts highlighted how Dogwifhat essentially acted as a 4x leveraged bet on the Sun.
This is a trend for meme coin investors. Solana is still trading 40% below its previous all-time high and could potentially reach $1,000 during this bull run.
This creates the ideal backdrop for SOL meme coins to dominate the bull market and deliver outsized returns. A number of Solana meme tokens can show 10 to 100 times growth this year and experts believe that Sealana is one of them.
Famous YouTuber ClayBro said this in a recent video. Claiming that $SEAL will be Solana's "latest meme coin set to bounce back," she believes the token could see a 10x increase after its launch.
Another trading expert, Jacob Bury, also expects 10x returns, signaling that Sealana could potentially be the best cryptocurrency to buy now.
Surprisingly, 10x is a conservative projection compared to other experts. The popular YouTube channel 99Bitcoins, which has over 700,000 subscribers, included Sealana in its list of "top 3 meme coins" with a price potential of 100 times.
How to buy Sealana?
As mentioned above, Sealana is still on pre-sale and is available at a discounted price to interested buyers.
According to the pre-sale site, 1 Solana token will be worth $6900 SEAL for the entire duration of the ICO. Interested buyers simply need to send $SOL to the project wallet. The wallet address is DJ15ZYXqUNMYJ3hL7z4ciSaSFAw5cbos3YjGpdvwmF6c.
This new pre-sale model simplifies the process for buyers. They don't even need to claim their holdings. Instead, they will receive $SEAL tokens directly into their wallets as an airdrop.
Alternatively, investors can visit the Sealana website and use the over-the-counter widget to invest. They will need the Phantom or Solflare wallet to exchange $SOL tokens for $SEAL.
Shoppers are also advised to follow Sealana on her X and Telegram accounts for the latest updates. For example, the pre-sale has no fixed maximum limit and may end at very short notice. Investors who are not up to date could easily miss this opportunity to buy the meme coin early.
Disclaimer: The above content is non-editorial and TIL (Times Internet Limited) disclaims all warranties, express or implied, relating to the same. TIL does not provide investment advisory services in any way, and the publication of this content does not imply endorsement by TIL or the Economic Times. TIL strongly recommends that users take all necessary steps to ensure that all information and content provided is correct, current and verified and/or speak with a qualified investment professional before making any investment decisions.
News
Meme Tokens Surpass Bitcoin in Turkish Trading Activity This Year
The Turkish cryptocurrency market has seen significant growth in recent years. Currently, more than half of the population invests in cryptocurrencies, according to surveys and polls.
This is evident from the fact that the Turkish Lira (TRY) is the fourth most used fiat currency in cryptocurrencies. Several macroeconomic factors are fueling this crypto adoption in the country. Therefore, stablecoins and meme coins have emerged as the favorites of Turkish investors, even surpassing Bitcoin.
Stablecoins and meme coins dominate Turkish trade
According to the latest relationship According to Kaiko, Turkey’s inflationary conditions have significantly increased stablecoin usage in recent years. In 2024, the research firm found that USDT-TRY dominates as the largest trading pair by volume on Binance, reaching over $22 billion, more than five times larger than the next largest pair, PEPE-USDT, which has $4 billion.
Notably, meme tokens have surpassed Bitcoin in terms of trading volume this year, indicating that Turkish traders are also turning to more speculative cryptocurrencies to hedge against currency fluctuations and make profits.
The increased usage of stablecoins is further reflected in the main Bitcoin trading pairs on BTCTurk, which are BTC-USDT and BTC-TRY.
One of the main reasons driving the adoption of cryptocurrencies is Turkey’s fight against double-digit inflation and the currency devaluation for years, with an average inflation rate above 40% over the past five years. In response, the central bank adopted an unorthodox monetary policy, cutting rates until June 2023. However, this worsened the devaluation of the Turkish lira, which lost more than 300% of its value from the end of 2020 to the end of 2023.
Turkey’s decision to normalize its monetary policy after the 2023 elections failed to restore confidence in the TRY, whose value continued to decline in 2024, albeit less rapidly.
Binance Sees Strong Expansion in Türkiye
Amid economic challenges, Binance has strengthened its position as one of the two largest trading platforms for Turkish traders, thanks to deep liquidity and low fees. As part of a large-scale zero-fee campaign, it offered zero fees for BTC-TRY trading between July 2022 and March 2023.
Offering a wide range of TRY-denominated trading pairs and aggressively adding new pairs in recent years have helped Binance maintain its leadership in the country despite the 2022 cryptocurrency bear market. Binance introduced 61 new TRY trading pairs in 2024 alone, bringing the total number to over 200.
Other exchanges, such as Gate.io, KuCoin, and OKX, have jumped into the Turkish crypto ecosystem, but their overall market share remains less than 1%.
News
Top 5 PolitiFi Tokens to Buy Now for MAX Profits
With the US presidential election fast approaching, the cryptocurrency world is buzzing with new trends. In addition to the well-known cartoon-themed meme coins, a new category is making waves: PolitiFi tokens. Did you see that coming?
These politically themed crypto tokens are gaining attention, especially those centered around former President Donald Trump. Today, we explore the 5 trending Trump-themed PolitiFi tokens.
Stock up to benefit later!
1. Trump (Magazine)
Launched about a year ago, the Trump-themed MAGA token has caused quite a stir in the cryptocurrency ecosystem. Inspired by Donald Trump’s slogan “Make America Great Again,” the MAGA token has produced an astonishing 35 million percent return since its inception. Currently trading at $5.65, it has fallen 8.80 percent in the past 24 hours.
Despite this, the token’s trading volume increased by 23.23%, bringing its market cap to $248 million and securing the 220th spot on CoinMarketCap.
Source: Dexscreener
2. MAGA (MAGA)
Another token with the same ticker, MAGA, is also trending in the PolitiFi category. With 390 billion tokens in circulation, this MAGA token has seen a 11.08% price drop over the past 24 hours, but an 81.39% increase in trading volume. Currently trading at $0.0001337, it is ranked 21st on Dexscreener’s trending list and 522nd on CoinMarketCap. Despite being only two months old, it has provided early adopters with a remarkable profit of 313,373.62% at its all-time high of $0.0007354.
Source: Dexscreener
3. Super Trump Coin (STRUMP)
Super Trump Coin, a meme token depicting Donald Trump as Superman, has a circulating supply of 1.8 billion tokens. Over the past 24 hours, its trading volume has increased by 39.88%. Currently trading at $0.01112, it has dropped by 6.07% over the past 24 hours, but holds a CoinMarketCap rating of 776. From its all-time high of $0.03085, it has dropped by 64.06%. Despite this, its impressive short-term returns have made it a favorite among Trump crypto enthusiasts.
Source: Dexscreener
4. MAGA Vice President (MVP)
Launched just four months ago, MAGA VP has yet to break into the top 1000 cryptocurrencies on CoinMarketCap, currently ranked 1231st. With a value of $0.128, its trading volume has increased by 21.79% over the past 24 hours, with a market cap of $5.3 million. While it is up 110% at its current price, it is down 83.24% from its all-time high of $0.7706.
Source: Dexscreener
5. Little Trump
One of the most unique Trump-themed tokens is Baby Trump, which depicts Donald Trump as a baby president. With a circulating supply of 406 million tokens, it has a market cap of $3.5 million at a trading price of $0.008616. Although its price has dropped 9.45% in the last 24 hours, its trading volume has increased by 4.29%. At its peak, Baby Trump’s market cap was $11 million.
Notably, Baby Trump is the only token among the five analyzed to be based on the BNB Smart Chain, while the others are based on the Ethereum network.
Source: Dexscreener
It’s an exciting time for cryptocurrencies
The current political climate in the United States is spawning a new wave of meme tokens themed around various political figures. Among them, Trump-themed PolitiFi tokens are experiencing the most significant surge in popularity. Support for Donald Trump in the crypto community seems to be a driving force behind the success of these tokens.
Do you think Trump-themed PolitiFi tokens are here to stay or just a passing trend? Share your thoughts.
News
Brett Token Price Soars 12%; Analyst Expects Further 30% Upside
Brett, the largest meme coin in Blockchain Base, rose more than 12% on Friday, as sentiment in the cryptocurrency and stock sectors improved.
Brett (BRETT) the token rose to $0.133, up 31% from its low this month. Some traders believe the meme coin has more upside potential in the future.
Analyst is bullish on Brett
In an X-post, Michael van de Poppe, a trader with over 721,000 followers, said he is optimistic that the token will rise to $0.1712, up 30% from Friday’s trading level.
I’ve been a day trader for a long time and memes are a great way to gain that perspective.
Lots of volume.
And there’s a lot of volatility.When it comes to $BRETTI would look for long positions in this area between $0.125-0.1325 and $0.170 as a clear identification of a potential bull run. photo.twitter.com/hWmSjCZGJa
— Michaël van de Poppe (@CryptoMichNL) July 26, 2024
If he is right, Brett’s market cap will surpass Floki’s (FLOKI), which has a market capitalization of $1.7 billion.
Brett’s bounce came at the start of the Bitcoin 2024 conference today. In a statement at the event, Robert Kennedy, an independent presidential candidate, noted that he is a big supporter of Bitcoin (BTC).
The main protagonist of the event will be Donald Trump, leading in most polls, included in Polymarket. Trump is expected to reiterate his support for cryptocurrencies. Analysts are divided on whether he will announce a Bitcoin reserve at this event.
Blockchain Base is doing well
Brett token also recovered as Base blockchain ecosystems continued to perform well. Launched in 2023 by Coinbase, Base has accumulated over $1.6 billion in DeFi assets, making it the sixth largest chain in the industry. It has surpassed popular networks like Cardano (ADA), Avalanche (AVAILABLE) and Polygon (MATIC).
At the same time, Brett and other altcoins jumped as the U.S. stock market rebounded, signaling that investors have embraced risk-on sentiment. The Dow Jones Industrial Average rose more than 600 points, while the S&P 500 and Nasdaq 100 jumped more than 80 basis points.
Brett Price Chart | Source: Trading View
Technically, Brett formed a morning star pattern, which is a popular reversal sign. In the past, the coin has risen by double digits when it has formed this pattern. For example, it formed on July 12 and then rose by 40%.
On the other hand, this bounce could be a dead cat bounce, where an asset briefly rises and then resumes its downtrend.
News
Top 5 PolitiFi Tokens to Buy Now for MAX Profits
With the US presidential election fast approaching, the cryptocurrency world is buzzing with new trends. In addition to the well-known cartoon-themed meme coins, a new category is making waves: PolitiFi tokens. Did you see that coming?
These politically themed crypto tokens are gaining attention, especially those centered around former President Donald Trump. Today, we explore the 5 trending Trump-themed PolitiFi tokens.
Stock up to benefit later!
1. Trump (Magazine)
Launched about a year ago, the Trump-themed MAGA token has caused quite a stir in the cryptocurrency ecosystem. Inspired by Donald Trump’s slogan “Make America Great Again,” the MAGA token has produced an astonishing 35 million percent return since its inception. Currently trading at $5.65, it has fallen 8.80 percent in the past 24 hours.
Despite this, the token’s trading volume increased by 23.23%, bringing its market cap to $248 million and securing the 220th spot on CoinMarketCap.
Source: Dexscreener
2. MAGA (MAGA)
Another token with the same ticker, MAGA, is also trending in the PolitiFi category. With 390 billion tokens in circulation, this MAGA token has seen a 11.08% price drop over the past 24 hours, but an 81.39% increase in trading volume. Currently trading at $0.0001337, it is ranked 21st on Dexscreener’s trending list and 522nd on CoinMarketCap. Despite being only two months old, it has provided early adopters with a remarkable profit of 313,373.62% at its all-time high of $0.0007354.
Source: Dexscreener
3. Super Trump Coin (STRUMP)
Super Trump Coin, a meme token depicting Donald Trump as Superman, has a circulating supply of 1.8 billion tokens. Over the past 24 hours, its trading volume has increased by 39.88%. Currently trading at $0.01112, it has dropped by 6.07% over the past 24 hours, but holds a CoinMarketCap rating of 776. From its all-time high of $0.03085, it has dropped by 64.06%. Despite this, its impressive short-term returns have made it a favorite among Trump crypto enthusiasts.
Source: Dexscreener
4. MAGA Vice President (MVP)
Launched just four months ago, MAGA VP has yet to break into the top 1000 cryptocurrencies on CoinMarketCap, currently ranked 1231st. With a value of $0.128, its trading volume has increased by 21.79% over the past 24 hours, with a market cap of $5.3 million. While it is up 110% at its current price, it is down 83.24% from its all-time high of $0.7706.
Source: Dexscreener
5. Little Trump
One of the most unique Trump-themed tokens is Baby Trump, which depicts Donald Trump as a baby president. With a circulating supply of 406 million tokens, it has a market cap of $3.5 million at a trading price of $0.008616. Although its price has dropped 9.45% in the last 24 hours, its trading volume has increased by 4.29%. At its peak, Baby Trump’s market cap was $11 million.
Notably, Baby Trump is the only token among the five analyzed to be based on the BNB Smart Chain, while the others are based on the Ethereum network.
Source: Dexscreener
It’s an exciting time for cryptocurrencies
The current political climate in the United States is spawning a new wave of meme tokens themed around various political figures. Among them, Trump-themed PolitiFi tokens are experiencing the most significant surge in popularity. Support for Donald Trump in the crypto community seems to be a driving force behind the success of these tokens.
Do you think Trump-themed PolitiFi tokens are here to stay or just a passing trend? Share your thoughts.
-
Videos3 months ago
Money is broke!! The truth about our financial system!
-
News2 months ago
More Crypto AI Alliances Emerge Following $7.5 Billion Token Merger — TradingView News
-
Altcoins2 months ago
Render vs. Theta; Which DePIN Altcoin to buy in May
-
Videos2 months ago
Fantom: Potential FTM Price and BIG Updates – The Latest!!
-
News2 months ago
Over 1 million new tokens launched since April
-
Videos2 months ago
Recession soon?? What this means for you and your wallet!!
-
NFTs3 months ago
Surprisingly, Bored Apes is now laying off employees as the NFT market disintegrates
-
NFTs2 months ago
Solana NFTs jump 30% in 24 hours: what’s behind the increase?
-
Memecoins2 months ago
Solana Dev hospitalized with third-degree burns while trying to pump Meme Coin
-
Videos3 months ago
Cryptocurrency Market Update: Where Are We NOW?! What’s next?
-
Memecoins2 months ago
When memecoins reign supreme in the ecosystem!
-
Videos2 months ago
Crypto News: ETH ETFs, Pro-Crypto Politics, UNI, DOGE & MORE!