Bear in mind $TRUMP, Donald Trump’s meme coin that launched days earlier than his inauguration as US president?
It peaked at $75 on January 19 after which took a dump to $39 the following day. It’s now $34.76 and isn’t displaying any indicators of restoration.
This doesn’t imply it gained’t return up – it’d, nevertheless it may take a while. Nonetheless, with Trump’s latest crypto government order and the SEC’s rescinding of SAB 121, $TRUMP may pump sooner relatively than later.
However till then, we’re taking a look at one other meme coin in presale that’s displaying stellar potential, Solaxy ($SOLX).
As the primary Solana Layer-2 chain, it has a first-mover benefit that would propel it to the highest of the crypto charts after itemizing.
Let’s focus on the context and the way Solaxy may benefit and grow to be the following meme coin to soar.
$TRUMP Token – A Presidential Pump and Dump or Volatility?
The OFFICIAL TRUMP token debuted on January 17, three days earlier than Donald Trump’s presidential inauguration.
The information acquired extra flak than reward, as many thought-about a meme coin launch to be unbecoming of america President.
We’re not right here for politics, so we’ll handle the affect it had on the crypto trade – very constructive. The whole crypto market cap benefitted vastly from $TRUMP’s launch.
The meme coin market cap additionally grew by $5B from January 17–19, adopted by a major dump on Inauguration Day (possible as a result of Trump didn’t point out crypto or Bitcoin).
Nonetheless, there’s no denying that $TRUMP…dumped. Massive time, even. From an all-time excessive of $75 all the way in which to $35 right now, a 53.33% lower.
However you can also’t deny the actual fact it’s stabilized on the $35–$40 degree, even displaying indicators of upward potential every so often.
This implies one factor – traders haven’t misplaced hope. $TRUMP ought to nonetheless make a comeback. In spite of everything, it’s the one and solely official Trump coin.
However if you happen to’re searching for a extra optimistic various and the following meme coin to soar, Solaxy is perhaps simply what you want.
Solaxy Presale Raises $13.9M and Guarantees to Remake Solana
Solaxy ($SOLX) is the primary Solana Layer-2 chain on the earth. It has multi-chain compatibility, is technically infinitely scalable, and guarantees zero downtime and community congestion for Solana transactions.
The coin launched on Ethereum however seamlessly bridges to Solana, which suggests you’re getting one of the best of each worlds in a single mission.
Solana is thought for its community congestion and failed transactions, however Solaxy goals to repair that by sturdy liquidity, scalability, velocity, and efficiency. Right here’s how:
- Off-chain processing: By offloading transactions to the Layer-2 chain, Solaxy can scale back the burden on Solana, making certain easy and quick operations.
- Transaction bundling: Processing transactions in bundles relatively than individually can optimize scalability, preserve prices low, and enhance throughput.
- Layer-1 settlement: By finalizing the transactions on Solana’s mainnet, Solaxy positive factors the blockchain’s sturdy safety, making certain person fund security.
The presale has raised over $13.9M thus far, with a token value of $0.001612. Traders have additionally staked over 4.1B tokens with a 275% staking APY.
In our Solaxy value prediction, we estimated it may attain $0.032 by the top of 2025, a 1,885% improve from its present value.
Given its first-mover benefit, $SOLX is displaying clear potential, even when in comparison with different high meme cash available on the market.
To purchase it, go to the presale web site, join your pockets, and buy $SOLX utilizing one of many supported currencies.
However keep in mind, that is no monetary recommendation, and investing in meme cash all the time carries dangers. Do your personal analysis and perceive which you could all the time lose your funding if volatility doesn’t play in your favor.