$1000 Still Realistic Though SOL Unlikely To Outperform This New Crypto Superstar, SHIB Bounces
The post $1000 Still Realistic Though SOL Unlikely To Outperform This New Crypto Superstar, SHIB Bounces appeared on BitcoinEthereumNews.com.
Solana’s (SOL) massive rebound puts one of crypto’s biggest bull calls back in the running. However, Solana’s trip to $1,000 is nothing compared to the recent calls for GambleFi superstar Rollblock (RBLK) to grow 100x in 2024 alone. At the same time, eyes are also back on Shiba Inu (SHIB) as investors look for a repeat of early 2024. Solana Eyes Ethereum’s Spot After Rebound The Solana price almost touched a low of $100 before roaring back to just below $150. Earlier calls for the Solana price to hit $1,000 have been renewed as the scare from the recent market rout fades. 2024 has already been a great year for Solana, as mass user adoption led to explosive growth. Calls for a similar rally erupted after Solana generated more weekly revenue than Ethereum, despite being only 1/5th its size. Expectations are now high that Solana will rocket to $1,000 and take Ethereum’s #2 spot. Shiba Inu’s Balance of Fun and Utility Renew Memecoin Dreams The Shiba Inu price bounced almost 30% off recent lows as it remains the top contender for a fresh memecoin rally in 2024. The Shiba Inu price saw 50x growth in early 2024 when memecoin mania reignited, though Shiba Inu has since given up more than 50% off that local high. The pool of potential memecoins for moon landings gets smaller and smaller, but Shiba Inu is still at the top of the list. Shiba Inu combines fun and utility in a way that other memecoins cannot compete with. Rollblock Retains Highest Growth Estimates for 2024 As high as Solana and Shiba Inu might go this year, neither has growth estimates that come even close to Rollblock. Analysts believe that this GambleFi superstar is on track to dominate the $450 billion global gambling industry this year…
Filed under: News - @ August 10, 2024 4:20 pm