The post Solana And PEPE Whales Are Diving In Crypto Coin Presale appeared on BitcoinEthereumNews.com.

SPONSORED POST* It’s a race to a new DeFi coin presale, as Solana users are moving over to the platform with their profits. Pepe is also supposed to be on the rise, but the whales won’t mind a detour to the much-talked-about crypto coin presale. The new coin comes from a new hybrid trading platform that everyone is talking about. The platform is one of its kind and has attracted traders for its unique features and a focus on increasing profitability. What presale coin is that? And why is it doing the numbers? Here’s more! Solana Looks ‘Overbought’ The Solana ecosystem is a hub of activity already, and it’s been one of the fastest growing networks in the crypto market. Solana allowed diversification into meme coins last year, and there was scarcely a better way to launch the meme coin campaign than with BONK and Dogwifhat. The popularity among meme users, as well as the newer token launches on Solana, increased user activity and DeFi use cases on the blockchain. Now, it competes favorably with Ethereum in terms of performance and features, and even developers are seeing Solana’s prospects. However, some reports say that Solana could be approaching overbought territory. The popularity of meme coins is a likely cause, as it is more likely to cause a flux in the SOL token valuation that doesn’t represent its true market value. With resistance in sight, SOL might be in for some correction. The token is worth $177.73 for now. PEPE Investors are Also Jumping Ship PEPE was one of the better-performing meme coins in 2024, first surging in Q1 during the Bitcoin-induced rally, then enjoying a brilliant bullish streak in May when every other project was trading under. Now, PEPE seems stuck in the correction phase, as it has a block…

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Filed under: News - @ October 27, 2024 10:09 pm