Solana meme cash have performed properly and gained market share this yr.
Developers have turned to Solana due to its quicker speeds and low prices.
Tequila (JULIO) hopes to develop into the next huge factor in the meme coin trade.
Solana meme cash have performed properly this yr as they turned the largest rivals to Ethereum ones like Pepe and Shiba Inu. Dogwifhat (WIF) has develop into the fourth-biggest meme coin in the world whereas Bonk and Book of Meme have continued to achieve market share.
More Solana meme cash are being launched to benefit from this pattern. One of the most anticipated ones is named Tequila (JULIO), whose truthful launch will occur on July tenth.
Why Solana meme cash have performed properly
Solana meme cash have develop into the best-performing property in the crypto trade this yr. That occurred as Solana turned the greatest various to Ethereum’s ecosystem.
There are three most important causes for this. First, Solana is thought for its faster transaction speeds in comparison with Ethereum and BNB Chain. Solana can deal with over 2,000 transactions per second (TPS) whereas Ethereum handles lower than 50.
Second, Solana is thought for its scalability sincer it’s designed to scale with Moore’s Law, which suggests that it does properly as the computing trade improves.
Third, Solana has considerably decrease prices than Ethereum and different in style layer-1 networks. It handles many transactions for simply cents. A very good instance of that is in its whole charges this yr. While Ethereum has collected over $1.4 billion in charges this yr, Solana has made lower than $300 million.
Further, there may be loads of hype surrounding the success of Solana dApps this yr. For instance, decentralized exchanges (DEX) like Raydium, Jupiter, and Orca have continuously moved into the high ten of the largest DEX networks in the trade. Also, Solana meme cash have made extra headlines this yr.
Tequila hopes to be a key Solana meme coin
The previous few weeks have seen a number of drink-related tokens on Solana’s ecosystem. Beercoin and Water didn’t do properly as insiders dumped the tokens shortly after launch, resulting in considerably losses.
Tequila, which is a well-liked drink that originated from Mexico, hopes that it’ll develop into the largest drink-themed token on Solana’s ecosystem. This is notable due to the position that tequila performs in the drinks trade. In 2023, Mexico shipped over 400 million liters and revamped $32 billion in income.
Tequila is not going to have a typical token sale. Instead, it would have a good launch on July tenth. A good launch is the place all tokens are issued immediately. After that, the builders hope to launch its advertising and marketing push and listings on key platforms like CoinMarketCap and CoinGecko.
This course of will probably be adopted by the listings on key centralized exchanges and the launch of tequila-themed events. In the future, the builders will work to launch the utility options of the JULIO token, together with its layer 3 networks. You can study Tequila (JULIO) right here.
