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Expert Predicts Solana Price To Rise By 300%, Along With A Rise In This Memecoin

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Expert predicts Solana’s price to surge by 300%, plus a rise in this memecoin

Disclosure: This article does not represent investment advice. The content and materials presented on this page are intended for educational purposes only.

Solana’s recent price drop to $135 has not dampened experts’ predictions of a potential 300% rebound in 2024, as well as a new memecoin showing potential.

Solana has been the clear frontrunner in this year’s rally, with monthly trading volume reaching a new all-time high of $58.4 billion in March and prices reaching as high as $200.

However, in recent weeks, trading has slowed and the coin’s price has dropped to just $135.

However, many expect this to be a temporary correction that will lead to a promising recovery. Popular crypto expert Jacob “Crypto” Bury predicted that Solana could reach 3-4x in 2024 and outlined his reasoning in a recent report. Message.

He also highlighted the upcoming Solana coin which he believes is poised to gain momentum, Dogeverse (DOGEVERSE)which is currently on pre-sale.

The price of Solana will increase by 300% this year

2023 was a tough year for crypto, with prices falling and stagnating as trading activity declined across the board. The Solana blockchain was not immune to this bearish sentiment, it started 2023 at around $10, almost a tenth of the price it started 2022 at.

From there, it struggled to make serious gains through the end of 2023. The price surged from $38 in November to break the psychological barrier of $100.

From there, we saw Solana reach new highs, even hitting $200 (its all-time high was $260 in 2020). This was accompanied by a huge increase in trading volume, reaching $58.4 billion. Previously, the highest monthly trading volume was almost $28.5 billion in December 2023.

The month of April was marked by a slowdown, with only $35 billion traded. At the same time, the price fell below the $200 level to settle around the $135 mark. However, recent moves and analysis have given rise to speculation that this price drop is not likely to last and the price could increase by 300%.

The last 24 hours saw a 12% price rise and positive candlestick trends. Solana is currently priced at $137.40.

Expert predicts Solana price will increase by 300%, along with a rise in this memecoin - 2

Jacob points out that Solana has jumped 500-600% since 2023, so a similar jump is entirely possible. He also points out that even if Solana simply maintains its market dominance at 2.8%, with the crypto industry expected to reach a valuation of $10 trillion, Solana’s market cap could reach $280 billion.

This would result in an increase from its current market valuation of $61.5 billion.

One of the main factors influencing Solana’s bullish sentiment has been the memecoin mania dominating the crypto landscape. Meme coins have dominated this bull run to become a popular narrative in the first quarter of 2024. On average, meme coins have seen returns of $1,312.6 across major tokens.

Most of this activity comes from the new Solana memecoins. This has prompted investors to scour the web for the next Solana coin to gain traction.

Dogeverse: New Solana Coin Expected to Gain Momentum

In addition to predicting positive price upside for Solana, Jacob Bury also highlighted a Solana-compatible memecoin that he sees as having high potential: Dogeverse (DOGEVERSE).

In a recent Xpost, he predicted that there is a chance that this crypto will become another top 20 coin. Dogeverse is a new project and the first meme coin to run on six major blockchains.

If Dogeverse makes the top 20 memecoins, Dogeverse would follow in the footsteps of recently launched meme coins such as Book of meme, dogwifhat, and Bonk.

Book of meme had a successful launch, with the token seeing a 57,000% gain in three days. Many recently launched coins have seen similar returns.

Expert predicts Solana price will increase by 300%, along with a rise in this memecoin - 3

Dogeverse is a new multi-chain meme coin that can capitalize not only on the success of Solana, but also on the popularity of other chains such as Ethereum, Avalanche, and the newly launched chain, Base. Base has spawned a number of viral coins, including Degen, which saw a 3,000% increase in the first week after launch.

Dogeverse follows the adventures of Cosmo, the chain-hopping Shiba Inu at the heart of the Dogeverse project. Dogeverse recently expanded to the Solana channel, attracting the attention of experts of all stripes, including Jacob Bury. Currently, the token is in pre-sale and has already raised more than $13 million.

Holders can stake the token to receive a generous staking return. The coin will function as a bridge between six major blockchains: Ethereum, Binance, Polygon, Avalanche, Base and Solana, meaning it will attract coin investors from all crypto communities.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should conduct their own research before taking any action related to the company.



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We are the editorial team of TokenTalk, where seriousness meets clarity in cryptocurrency analysis. With a robust team of finance and blockchain technology experts, we are dedicated to meticulously exploring complex crypto markets with detailed assessments and an unbiased approach. Our mission is to democratize access to knowledge of emerging financial technologies, ensuring they are understandable and accessible to all. In every article on TokenTalk, we strive to provide content that not only educates, but also empowers our readers, facilitating their integration into the financial digital age.

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Memecoins

Shiba Inu Loses Ground to Three Rival Meme Coins in Trading Volume

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Shiba Inu Loses Ground to Three Rival Meme Coins in Trading Volume

Shiba Inu (SHIB), a leading dog-themed token, is losing the trading volume race to meme coins like Dogecoin (DOGE), Pepe (PEPE), and Dogwifhat (WIF). Data from CoinMarketCap reveals that SHIB has the lowest 24-hour volume among the top four meme coins by market cap. Over the past 24 hours, SHIB’s trading volume has dropped by 17.73% to $256.57 million.

Conversely, Pepe (PEPE) leads the memecoin category with the highest 24-hour trading volume, reaching $979.52 million despite a 12.76% decline. Dogecoin (DOGE) follows with a daily volume of $853.53 million, down 6.32%. Dogwifhat (WIF) ranks third, with a daily volume of $451.49 million, which represents a 9.4% decline.

As of 07:22 (UTC) today, the total 24-hour volume of the meme crypto market stands at $4.57 billion. SHIB accounts for 5.61% of this total volume. PEPE dominates with 21.43%, while DOGE and WIF account for 18.67% and 9.87%, respectively. An increase in volume often indicates strong interest in an asset, while a decrease in volume suggests the opposite.

Shiba Inu Prices Rebound

Despite the trading volume Due to the difficulties faced by cryptocurrencies, Shiba Inu and other cryptocurrencies have experienced price rebounds. The price of SHIB fell below the $0.000016 threshold, reaching a 24-hour low of $0.00001587. However, it quickly rebounded and is now up 3.41% at $0.00001681.

Similarly, other top memecoins have posted price gains. DOGE has increased by 4.63% in the last 24 hours, while PEPE and WIF have registered gains of 1.48% and 2.32%, respectively.

These fluctuations highlight the volatile nature of the memecoin market. As traders continue to monitor these assets, changes in volume and price will remain critical indicators of market sentiment and interest.

In summary, while Shiba Inu is struggling to handle trading volume, the broader meme coin market is active, with PEPE, DOGE, and WIF leading the daily trades. Investors will need to remain vigilant, as the dynamic market environment can change quickly, presenting both challenges and opportunities.

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Memecoins

MOONHOP, BONK and Pepe » Merkle’s News

TokenTalk Staff

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MOONHOP, BONK and Pepe » Merkle's News

A Look At The Future Of BONK And Pepe’s Price As MOONHOP Presale Surpasses $1 Million In Stage 2

Meme investors are always looking for that undiscovered gem that could generate wealth for generations. With BONK showing growing potential and Pepe’s forecast bullish, the market is full of opportunities.

Yet the most striking story is MOON OF MOON (MHOP)the new gem that is causing a stir. Having nearly completed the sale of its second pre-sale phase with an initial price of just $0.014 per coin, MOONHOP is at the forefront of meme coin contenders. This opportunity has attracted investors eager for substantial gains and an exhilarating journey to the stars. Interest peaked as MOONHOP’s pre-sale approached the $1 million mark.

BONK Future Assessment: Key Information for Investors

BONK, a meme cryptocurrency on the Solana network, has been gaining attention with significant price increases. BONK recently saw a 33.5% increase in value, bolstered by a bullish rising wedge pattern.

Despite this progress, investors continue their search for the next big cryptocurrency, looking beyond BONK’s current status to new and potentially more profitable cryptocurrencies. BONK shows potential for further growth, but the search for new investments in the crypto landscape continues.

Pepe Market Forecast: 41% Rise Ahead Despite Risks

Following the initial approval of ETH spot ETFs, Pepe’s value surged 29% to $0.00001223, alongside a 98% increase in 24-hour trading volume to $2.27 billion. Market indicators remain positive with an RSI of 61.14 and Chaikin Money Flow of 0.12, indicating increasing buying interest. Exchange futures open interest (OI) also increased by 31.47%, indicating increased investor engagement.

However, despite these optimistic signs, the inherent volatility in the market and potential risks such as sharp sell-offs and regulatory changes, create a mixed outlook for Pepe, with potential upsides as high as $0.00001730 amid possible rapid market changes.

MOONHOP Transforms the Experience for Meme Coin Lovers

MOONHOP is stirring excitement in the meme coin sphere with its vibrant and supportive network called The Fluffle. This community thrives on fun, growth, and a shared enthusiasm for adventure, inviting everyone to join in the excitement. MOONHOP has set aside 4 billion MHOP coins for its presale, out of a total supply of 8 billion, with an attractive starting price of $0.014 per coin in its nearly completed second stage. The presale raised an impressive $1 million.

MOONHOP’s roadmap is full of promise. The project is segmented into 50 stages, each of which is set to reward early backers with incremental price increases. From an initial price of $0.014 to a launch price of $0.50, this structured pricing model targets a potential growth of 4,900% from the initial stage to the final stage. Investors looking for a promising meme coin should act quickly, especially since the pre-sale reaching the $1 million mark suggests a likely price increase.

The future looks bright for MOONHOP with community expansion plans, aggressive marketing initiatives, and major stock market listings. This unique strategy and strong community support position MOONHOP as an attractive investment prospect. In today’s market, MHOP shines as the meme currency with the greatest potential.

Final thoughts

As Ethereum’s market outlook is favorable and Notcoin is growing, MOONHOP remains the real powerhouse. With its vibrant community, smart pre-sale setup, and huge growth potential, MOONHOP is poised to make a splash in the market. For those who want to stay at the forefront of the cryptocurrency arena, MOONHOP offers a prime opportunity for remarkable gains and an innovative community experience.

Join the Moonhop presale now:

Disclosure: This is a sponsored press release. Please do your research before purchasing any cryptocurrency or investing in any project. Read the full disclosure here.

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LINK Briefly Touches $15 as Raboo and Pepe Succeed

TokenTalk Staff

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LINK Briefly Touches $15 as Raboo and Pepe Succeed

Disclosure: This article does not constitute investment advice. The content and materials presented on this page are provided for educational purposes only.

AI memecoin Raboo soars while Link falls and Pepe drops sharply, highlighting market volatility.

In the current booming cryptocurrency market, Raboo, an AI-powered memecoin, is making headlines with staggering gains. Link briefly touched $15 earlier this week but has now ceded control to the bears.

However, Pepe is experiencing an unexpected drastic decline after a week of green, highlighting the volatility and challenges present in the same market. These patterns play a vital role in influencing investor sentiment and guiding market dynamics as they develop. Read on to find out which of these coins has the most potential to be among the top 20 cryptocurrencies.

LINK declines after hitting $15

After a daily surge, Chainlink (LINK) saw an intraday sideways move in an effort to stabilize. Chainlink’s price gain was halted at the $14.7 resistance due to consolidation, but the creation of a bullish reversal pattern suggests that a breakout could be imminent.

Chainlink cryptocurrency managed to break out of its current corrective trend at $12.2 during the market recovery in July. The multi-month support in place since January 2024 has prevented LINK positions from improving significantly.

Currently, a high accumulation zone is formed by the close alignment of the horizontal level with the EMA 200W and the 38.2% Fibonacci retracement level. The asset rose from $12.2 to $14.4 in a bullish reversal, and the market capitalization increased to $8.75 billion.

However, LIEN is now trading in the red and is currently selling for $12.62Investors remain optimistic that the price will eventually break through the $15 area after it has been tested.

Pepe: Bulls struggle to take control in the long term

Pepe’s price surged on Wednesday, making it one of the best-performing memecoins in the space. It rose 8.2%, reaching a high of $0.00001308, its highest point on June 26.

Pepe’s rally coincided with futures market open interest hitting its highest level since June 7. The majority of the open interest, nearly $155 million, came from Bitget and OKX. The Pepe token is up more than 72% from its lowest point this month, which may be explained by indications that whales, or large holders, have continued to amass the token.

According to Coinmarketcap, the number of Pepe holders has been increasing this month. On Wednesday, they surpassed 264,000, and if the market continues to rise, this trend could continue. On Monday, there was no obvious trigger that pushed Pepe’s price higher.

However, Pepe’s price has seen a major drop, as is currently the case. traded at $0.00001133 after a 7.98% drop in the last 24 hours. This has led to questions about the authenticity of the initial price increase.

Raboo reaches new milestone in pre-sales

Raboo raised over $2 million in its presale, attracted over 10,400 registered users and over 3,000 token holders, among other notable achievements. This exceptional result shows that investors are very interested and confident in Raboo’s innovative strategy.

Raboo’s unique AI-powered meme concept and Post-to-Earn technology, which allows users to generate monetary revenue from their social media posts, sets it apart in the Memecoin market. This feature increases user engagement while providing real-world value.

According to analysts, Raboo has the potential to become a top 20 cryptocurrency with a 233% growth during the pre-sale and 100x growth after launch. Raboo’s community-driven strategy, coupled with its strong engagement tactics and flash sale that offers two-tiered bonuses, has generated a vibrant and engaged user base. Raboo therefore presents a strong investment opportunity, especially given its strategic goal of competing with established memecoins.

Conclusion

Joining the Raboo revolution seems to be the next big thing, especially for meme lovers. The fact that the presale is still open is the best part. Since Stage 4 RABT tokens are selling out quickly, the only way to ensure investors acquire tokens is to buy them early.

Each token costs $0.0048, and in addition to the 233% pre-sale profits, investors could potentially make 100x more profit when the coin launches.

For more information, visit Raboo Presale Site or follow the project on Telegram Or X for the latest updates.

Disclosure: This content is provided by a third party. crypto.news does not endorse any products mentioned on this page. Users should do their own research before taking any action related to the company.



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Memecoins

Top 3 Meme Coins Under $2 To Buy Before It’s Too Late

TokenTalk Staff

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SEC Gearing Up for More Bitcoin ETF Rejections Despite Court Ruling: Berenberg

Meme coins are like comets. They are bright and shiny assets that have the obvious ability to soar and reach unprecedented highs. With the volatility factors in the cryptocurrency market, these coins often surge and then weaken to reach stable lows. Perhaps this is why the appeal of meme coins has always inspired investors to go all out in their ambitions and goals. Taking calculated risks is what the cryptocurrency world is all about. With these factors in mind, here are our three meme coin recommendations that one should hold on to before they skyrocket and become unaffordable for users.

Read also : Cardano: ADA Aims for $1 Upgrade After Chang Hard Fork, Now 33% Complete

Three Meme Coins Under $2 To Keep Before You Lose Them

TREKKING OF THE THREE PIECESImage source: WatcherGuru

Cryptocurrency #1: Shiba Inu

Shiba Inu has always been an exclusive part of the meme coin conversation. The term meme coin was largely popularized by SHIB. That being said, the crypto is a suitable coin to buy under $2 because it is home to a wide variety of experiments that are sure to help its price recover. For instance, new updates on Shibarium, as well as the introduction of the blockchain version of Shiba Eternity Game, are some of the things that users are eagerly waiting for an update on. Furthermore, SHIB’s burning mechanism, which constantly burns tokens to stabilize the price of SHIB, is also helping the token gain momentum.

By CoinpediaSHIB could surge to $0.00006697 by the end of 2024.

“If the price continues to climb above $0.00003682, it could reach the target of $0.00006697 in 2024. However, if the SHIB price reverses, it could undoubtedly drop to $0.000010. Overall, the outlook for SHIB is positive, although there is still a downside risk.”

Cryptocurrency #2: Pepe

Pepe is a frog-themed token on Ethereum. Currently valued at $0.00001186, the token is expected to capitalize on the current Ethereum ETF wave, which could help the token reach new price highs.

Pepe saw a significant price surge in May when the token rode the GME rally to surge 90%. With such promising stats, the token is capable of generating exceptional returns.

According to CoinpediaPepe could reach $0.00000327396 by the end of 2024.

In short, according to our Pepecoin price prediction, the PEPE price in 2024 is expected to be between $0.00000055 and $0.00000327396. And the average price of PEPE is expected to be around $0.0000546198.

Cryptocurrency #3: BONK

The current year’s bull run has greatly helped Solana spawn new meme coins. The chain is currently home to a diverse set of meme coins, all of which have performed well in recent times. BONK, however, has been one such coin that has captured the attention of the industry as a whole.

Read also : Shiba Inu Weekend Price Prediction: Is SHIB Claiming a New ATH?

BONK has seen a spectacular rise in price since its inception, increasing by almost 25,525.57%. This development is indicative of its strength and courage, rekindling hope in the hearts of cryptocurrency investors.

According to CoinpediaBONK could rise to nearly $0.00085 by the end of 2024.

“If the cryptocurrency market continues to grow in 2024, fueled by the expected rise in the cryptocurrency market, BONK can successfully reach a wider audience. Moreover, with the growing community, the price of BONK could potentially reach $0.00085.”

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