Missed Pepe and Book of Meme? SolJu could be the next hit


  • Meme cash have a market cap of over $60 billion.

  • Tokens like Pepe and Bonk have made many millionaires.

  • SolJu may very well be the following large factor within the meme coin business.

Meme cash have accomplished effectively this 12 months, as they outperformed most mainstream cash like Bitcoin, Ether, and Ripple. Some, like Pepe and E-book of Meme (BOME) have surged to a document excessive whereas the whole market cap of all cash has soared to over $60 billion. SolJuan upcoming Solana meme coin, may very well be the following large factor within the business.

Why meme cash soared

There are three primary the explanation why meme cash have accomplished effectively this 12 months. First, most of those tokens soared as a way of greed unfold out there. The concern and greed index has principally been within the inexperienced this 12 months as buyers anticipated price cuts by central banks just like the Federal Reserve and the ECB. 

Second, meme cash jumped due to Bitcoin’s efficiency. Bitcoin, the most important crypto on this planet, jumped to a document excessive in March as buyers cheered the approval of Bitcoin ETFs by the Federal Reserve. Since then, these funds have seen inflows of over 800k Bitcoins and the pattern could proceed.

The main target now shifts to the upcoming approval of Ethereum ETFs. In a press release final week, Gary Gensler predicted that these approvals will occur later this 12 months. 

Meme cash are inclined to do effectively when Bitcoin is prospering due to their cheaper costs. Because of this, most buyers purchase them as an alternative of the extremely costly cash like Bitcoin, Litecoin, and Bitcoin Money. 

Moreover, the idea of meme buying and selling has rebounded as evidenced by firms like GameStop and AMC. Additionally, merchants are being incentivised to purchase meme cash by actions in social media.

SolJu may very well be the following large factor

Now, focus amongst meme crypto buyers has shifted to SolJu, a brand new Solana meme coin that can be launched on Tuesday. 

It is a meme coin that has been impressed by the success of Beercoin, a token whose market cap jumped to over $300 million not too long ago. 

Its identify is derived from Sol – for Solana – and Soju, a preferred South Korean spirit. As such, the hope is that the token can be a social platform the place Solju holders will collect and type a makeshift gathering with beer and meals. 

SolJu will forego the favored route of a token sale. As an alternative, the builders are planning a good sale, the place all tokens can be launched after which the market discovery will assist to find out its worth. 

The preliminary provide of the token can be 100 million tokens whereas the preliminary liquidity can be $12,000. The beginning value can be $0.00012, giving it room to develop within the coming months.

After the launch, the builders purpose to spice up its value by trade listings, video games, and partnerships within the crypto group. You’ll be able to study extra about SolJu here.



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