The post Crypto Newbies Could Make Millions In This New Altcoin After Solana Expert Compares It To BONK appeared on BitcoinEthereumNews.com.

DTX Exchange (DTX) has defied the market sentiment with its off-the-charts presale demand as it nears completion. Closely monitoring this bullish trajectory by DTX, a Solana (SOL) expert has made a close comparison of DTX with BONK, given its present market demand. Meanwhile, Solana (SOL) plans a comeback strategy to benefit from the broader market shift. Solana (SOL) New Token Launch Strategy Takes Off Since the beginning of the year, Solana (SOL) has been consistently producing over 100K new tokens on a monthly basis. This action plan is indicating a notable surge in token activity within the Solana (SOL) network. Following this activity, analysts are predicting a renewed market sentiment for Solana (SOL) as it aims for new highs and increased trading value. Some analysts are crediting the memecoin industry behind the instant surge in the Solana (SOL) network. Certain platforms like Pump.fun have streamlined token creation, which is leading to increased trading within this particular niche. The Solana (SOL) network’s user-friendly tools and technological framework also support it in new token launches. The current strong position in the market by Solana (SOL) appears promising as seen by its advanced technological capabilities. In terms of performance metrics, Solana (SOL) is trading at $144.35 with a minor 1.98% decline in the last 24 hours. Solana (SOL) currently holds a $68.12 billion market cap with a 24-hour trading volume of $2.28 billion, which has surged by 13.9%. BONK’s 20% Price Rebound Over the Weekend Sparks Hype Following its February low, BONK has recently reached its all-time high in March, surging nearly 400% after February’s bearish sentiment. However, the March sentiment short-term surge was followed by a sharp correction, with its price experiencing several swings throughout the year including notable rebounds and declines. Recent analysis by crypto experts suggest a potential bearish development…

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Filed under: News - @ October 10, 2024 12:11 am