Bear in mind $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 following day. It’s now $34.76 and isn’t displaying any indicators of restoration.
This doesn’t imply it received’t return up – it’d, nevertheless it might take a while. Nevertheless, with Trump’s current crypto government order and the SEC’s rescinding of SAB 121, $TRUMP might pump sooner fairly than later.
However till then, we’re taking a look at one other meme coin in presale that’s displaying stellar potential, Solaxy ($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 focus on the context and the way Solaxy may gain advantage and turn out to be the following 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 obtained extra flak than reward, as many thought-about a meme coin launch to be unbecoming of the US President.
We’re not right here for politics, so we’ll handle the impression it had on the crypto trade – very optimistic. The entire crypto market cap benefitted drastically from $TRUMP’s launch.
The meme coin market cap additionally grew by $5B from January 17–19, adopted by a big dump on Inauguration Day (seemingly as a result of Trump didn’t point out crypto or Bitcoin).
Nonetheless, there’s no denying that $TRUMP…dumped. Massive time, even. From an all-time excessive of $75 all the way in which to $35 immediately, a 53.33% lower.
However you can also’t deny the very fact it’s stabilized on the $35–$40 degree, even displaying indicators of upward potential every so often.
This implies one factor – buyers haven’t misplaced hope. $TRUMP ought to nonetheless make a comeback. In spite of everything, it’s the one and solely official Trump coin.
However when you’re searching for a extra optimistic different and the following meme coin to soar, Solaxy may be simply what you want.
Solaxy Presale Raises $13.9M and Guarantees to Remake Solana
Solaxy ($SOLX) is the primary Solana Layer-2 chain on the earth. It has multi-chain compatibility, is technically infinitely scalable, and guarantees zero downtime and community congestion for Solana transactions.
The coin launched on Ethereum however seamlessly bridges to Solana, which suggests you’re getting the very best of each worlds in a single undertaking.
Solana is thought for its community congestion and failed transactions, however Solaxy goals to repair that via sturdy liquidity, scalability, pace, and efficiency. Right here’s how:
Off-chain processing: By offloading transactions to the Layer-2 chain, Solaxy can cut back the burden on Solana, guaranteeing clean and quick operations.
Transaction bundling: Processing transactions in bundles fairly than individually can optimize scalability, hold prices low, and enhance throughput.
Layer-1 settlement: By finalizing the transactions on Solana’s mainnet, Solaxy positive factors the blockchain’s sturdy safety, guaranteeing consumer fund security.
The presale has raised over $13.9M to date, with a token value of $0.001612. Traders have additionally staked over 4.1B tokens with a 275% staking APY.
In our Solaxy value prediction, we estimated it might attain $0.032 by the tip of 2025, a 1,885% improve from its present value.
Given its first-mover benefit, $SOLX is displaying clear potential, even when in comparison with different prime meme cash in the marketplace.
To purchase it, go to the presale web site, join your pockets, and buy $SOLX utilizing one of many supported currencies.
However bear in mind, that is no monetary recommendation, and investing in meme cash all the time carries dangers. Do your individual analysis and perceive you can all the time lose your funding if volatility doesn’t play in your favor.
