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 would, however it might take a while. Nevertheless, with Trump’s recent crypto executive order and the SEC’s rescinding of SAB 121, $TRUMP might pump sooner somewhat than later.
However till then, we’re one other meme coin in presale that’s displaying stellar potential, Solaxy ($SOLX).
As the primary Solana Layer-2 chain, it has a first-mover benefit that might propel it to the highest of the crypto charts after itemizing.
Let’s focus on the context and the way Solaxy may benefit and develop into 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 tackle the affect it had on the crypto business – very optimistic. The full crypto market cap benefitted tremendously from $TRUMP’s launch.
The meme coin market cap also grew by $5B from January 17–19, adopted by a major dump on Inauguration Day (seemingly as a result of Trump didn’t point out crypto or Bitcoin).
Nonetheless, there’s no denying that $TRUMP…dumped. Huge time, even. From an all-time excessive of $75 all the best way to $35 at this time, a 53.33% lower.
However you can also’t deny the very fact it’s stabilized on the $35–$40 degree, even displaying indicators of upward potential once in a while.
This implies one factor – buyers haven’t misplaced hope. $TRUMP ought to nonetheless make a comeback. In any case, it’s the one and solely official Trump coin.
However should you’re in search of a extra optimistic different and the following meme coin to soar, Solaxy is likely to be 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 implies you’re getting the most effective of each worlds in a single challenge.
Solana is thought for its community congestion and failed transactions, however Solaxy goals to repair that via strong 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 clean and quick operations.
- Transaction bundling: Processing transactions in bundles somewhat than individually can optimize scalability, maintain prices low, and enhance throughput.
- Layer-1 settlement: By finalizing the transactions on Solana’s mainnet, Solaxy positive factors the blockchain’s strong safety, making certain person fund security.
The presale has raised over $13.9M to date, with a token value of $0.001612. Traders have additionally staked over 4.1B tokens with a 275% staking APY.
In our Solaxy price prediction, we estimated it might 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 top meme coins in the marketplace.
To buy 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 individual analysis and perceive which you could all the time lose your funding if volatility doesn’t play in your favor.