Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
SOL
What’s with the price of Solana (SOL)?
Solana has been one of the most explosive of the large cap cryptos this bull market, and now the price has been becalmed for the last 14 weeks. Are we in for more consolidation, or is the price about to rip upwards again? Solana huge 1,100% price appreciation Solana is the ETH killer. It is fast, cheap, and ready to become the king of the layer 1 networks. Of course, Ethereum may have something to say about that, and much…
12 months ago
SOL Meme and PolitiFi Colossus, Solciety Raises $300k in Under 48 Hours
London, London, June 20th, 2024, Chainwire Solciety, a prominent player in the PolitiFi meme coin sector, has successfully raised over $300,000 within the first 48 hours of its presale, which commenced at 14:00 UTC on 18th June. The presale is scheduled to run for 30 days, concluding on 18th July. The presale success aligns with the heightened interest in PolitiFi tokens during this significant US election year. Solciety aims to capitalize on this trend, appealing to a broad audience with…
12 months ago
Solana Down 40% But Analyst Says Now’s The Time To Buy SOL
Solana, one of the top altcoins, trailing Ethereum and the BNB Chain, has not been spared in the recent correction. After rallying to as high as $210 in Q1 2024, the coin is now sliding, facing strong headwinds, plunging, and following the performance posted by Bitcoin and Ethereum. Is This The Best Time To Buy Solana? Even amid this deep retracement, Raol Pal, a macro analyst, thinks this is the best time for investors and traders to consider Solana. In…
12 months ago
New SOL Meme Coin, Solciety, Launches Today With 30-Day ICO
London, London, June 18th, 2024, Chainwire Solciety, a new entrant in the crypto's PolitiFi sector, officially launches today, 18th June at 14:00 UTC, initiating a 30-day presale of its Solciety (SLCTY) tokens. 3 billion Solciety (SLCTY) tokens will go on sale, starting at $0.0015, with price increases on the smart contract every 72 hours across ten stages. The final presale price will be $0.0040, giving day one buyers a potential 169% increase on the value of their bags before the…
12 months ago
Memereum Sells Over 23 Million Tokens in Presale As Solana (SOL) Struggles Below $150
Monaco City, Monaco, June 18th, 2024, Chainwire Memereum (MEME), a new altcoin, has demonstrated notable performance during its initial coin offering (ICO) presale, selling over 23 million tokens and nearing the 24 million mark. The project has attracted more than 8,000 users to its platform. While the Ethereum challenger, Solana, remains under the $150 price level. The pre-sale began at $0.01 and by a strategic move by the team, is now at $0.039. Those who invested in Memereum at the…
12 months ago
Solana Sees Sharp Decline To $146, Will SOL Overcome Latest Hurdles?
SOL, the native token of Solana, a leading blockchain platform renowned for its high-speed transactions and innovative technology, is currently facing significant price hurdles. As the cryptocurrency market experiences volatility, Solana’s price has encountered resistance levels that pose challenges to its bullish trajectory. Investors and analysts are closely watching these developments, trying to gauge what lies ahead for SOL. This article explores the current price hurdles facing Solana, delves into future outlooks, and offers predictions on how these obstacles could…
12 months ago
Solana Price Faces Uphill Task: Tough Road Ahead For SOL Bulls
Solana tested the $138 zone before it started a recovery wave. SOL price must clear the $150 and $155 resistance levels to start a steady increase. SOL price is eyeing an upside break above the $150 resistance against the US Dollar. The price is now trading above $145 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $146 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair…
12 months ago
Solana (SOL) Rival That Skyrocketed 2000% in May Will Reach $10 by the End of the Summer, Says Top Crypto Expert
This Solana (SOL) Rival, Retik Finance (RETIK), has captured significant attention with its impressive performance and unique offerings. Having skyrocketed by 2000% in May alone, experts are now predicting that RETIK could reach $10 by the end of the summer. This article delves into the reasons behind these bullish forecasts and what makes Retik Finance a compelling rival to established projects like Solana (SOL). Retik Finance (RETIK) Impressive Presale Phase and Debut Retik Finance (RETIK) made headlines when its price…
12 months ago
Solana in Dire Straits: Will the Bulls Trigger a 10% Upswing and Save the SOL Price Rally From an Equal Loss?
The post Solana in Dire Straits: Will the Bulls Trigger a 10% Upswing and Save the SOL Price Rally From an Equal Loss? appeared first on Coinpedia Fintech News After a roller-coaster week, the crypto markets are heading towards the weekly close, which is expected to be somewhat volatile. While the Solana price was expected to initiate a rebound, the latest pullback has caused the levels to drain below the crucial support. Therefore, the SOL price is now believed to…
12 months ago