Remember $TRUMP, Donald Trump’s meme coin that launched days earlier than his inauguration as US president?
It peaked at $75 on January 19 after which took a dump to $39 the subsequent day. It’s now $34.76 and isn’t exhibiting any indicators of restoration.
This doesn’t imply it gained’t return up – it’d, but it may take a while. However, with Trump’s recent crypto executive order and the SEC’s rescinding of SAB 121, $TRUMP may pump sooner slightly than later.
But till then, we’re one other meme coin in presale that’s exhibiting stellar potential, Solaxy ($SOLX).
As the primary Solana Layer-2 chain, it has a first-mover benefit that might propel it to the highest of the crypto charts after itemizing.
Let’s talk about the context and the way Solaxy may gain advantage and develop into the subsequent meme coin to soar.
$TRUMP Token – A Presidential Pump and Dump or Volatility?
The OFFICIAL TRUMP token debuted on January 17, three days earlier than Donald Trump’s presidential inauguration.
The information acquired extra flak than reward, as many thought-about a meme coin launch to be unbecoming of the United States President.
We’re not right here for politics, so we’ll tackle the impression it had on the crypto trade – very optimistic. The whole crypto market cap benefitted enormously from $TRUMP’s launch.
The meme coin market cap also grew by $5B from January 17–19, adopted by a big dump on Inauguration Day (possible as a result of Trump didn’t point out crypto or Bitcoin).
Still, there’s no denying that $TRUMP…dumped. Big time, even. From an all-time excessive of $75 all the best way to $35 at this time, a 53.33% lower.
But you can also’t deny the actual fact it’s stabilized on the $35–$40 stage, even exhibiting indicators of upward potential once in a while.
This means one factor – traders haven’t misplaced hope. $TRUMP ought to nonetheless make a comeback. After all, it’s the one and solely official Trump coin.
But should you’re searching for a extra optimistic different and the subsequent meme coin to soar, Solaxy is likely to be simply what you want.
Solaxy Presale Raises $13.9M and Promises to Remake Solana
Solaxy ($SOLX) is the primary Solana Layer-2 chain on the planet. It has multi-chain compatibility, is technically infinitely scalable, and guarantees zero downtime and community congestion for Solana transactions.
The coin launched on Ethereum but seamlessly bridges to Solana, which implies you’re getting the most effective of each worlds in a single undertaking.
Solana is recognized for its community congestion and failed transactions, but Solaxy goals to repair that via strong liquidity, scalability, pace, and efficiency. Here’s how:
- Off-chain processing: By offloading transactions to the Layer-2 chain, Solaxy can cut back the burden on Solana, making certain easy and quick operations.
- Transaction bundling: Processing transactions in bundles slightly than individually can optimize scalability, hold prices low, and enhance throughput.
- Layer-1 settlement: By finalizing the transactions on Solana’s mainnet, Solaxy features the blockchain’s strong safety, making certain consumer fund security.
The presale has raised over $13.9M thus far, with a token value of $0.001612. Investors have additionally staked over 4.1B tokens with a 275% staking APY.
In our Solaxy price prediction, we estimated it may attain $0.032 by the top of 2025, a 1,885% improve from its present value.
Given its first-mover benefit, $SOLX is exhibiting clear potential, even in comparison to different top meme coins in the marketplace.
To buy it, go to the presale web site, join your pockets, and buy $SOLX utilizing one of many supported currencies.
But keep in mind, this is no monetary recommendation, and investing in meme cash all the time carries dangers. Do your individual analysis and perceive that you may all the time lose your funding if volatility doesn’t play in your favor.