Tag: Solana

Solana Whale Makes Massive 1,000,000 SOL Deposit To Binance, Bearish Sign?

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On-chain data shows a Solana whale has just moved a massive SOL stack to Binance, which could prove to be bearish for the asset’s price. Solana Whale Has Deposited 1 Million SOL To Binance Today According to data from the cryptocurrency transaction tracker service Whale Alert, several large SOL transactions have occurred on the blockchain during the past day. More specifically, six massive transfers have been spotted on the network. Out of these, two transactions were gigantic, with tokens worth $362 million and $498 million involved. These extraordinary transfers, though,…

Top 3 Solana Meme Coins To Buy Amid The Bitcoin Crash That Could 10x

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As the Bitcoin price crash has ravaged the crypto market and left altcoins suffering, it has presented a unique buying opportunity for meme coins that may never come after this time. So here are the top 3 meme coins that could 10x your portfolio from here. Solana-Based Myro Leads Meme Coins With Potential Solana-based meme coins have been all the rave over the past year and with good reason as well. These meme coins have done so well in such a short time, coming up to compete with established Ethereum-based…

Solana breaks $200 as market fluctuates, Galaxy Fox pre-sale heats up

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Amidst market fluctuations, Solana surpasses $200 while Galaxy Fox pre-sale captivates investors with a $4.8 million cap. he crypto market is currently in a bull run, highlighted by significant achievements such as Solana’s breakthrough past the $200 mark and the substantial interest in Galaxy Fox’s ICO. As Bitcoin continues to reach new heights, the market is on edge, anticipating the effects of the upcoming halving event. Despite a general…

Solana Surpasses Ethereum In Major Metric Amid Surge Above $200

Solana has recently become one of the trendiest cryptocurrencies in the space, capturing the interest of both crypto investors and enthusiasts in the space. The popular cryptocurrency has witnessed a significant surge in network activity, surpassing even that of Ethereum, the world’s second-largest cryptocurrency.  Solana Outpaces Ethereum Network Activity On March 16, Solana experienced a major increase in its overall network activity, pushing its capacity to its limits amidst the growing demands. The network had surged past Ethereum’s total trading volume and exceeded its daily trading volume by more than…

Solana Memecoin Skyrockets to $620,000,000 Market Cap Hours After Launch Amid Multiple Exchange Listings

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A new Solana (SOL)-based memecoin has soared to more than a $620 million market cap shortly after launching and securing listings on multiple crypto exchanges. Slerf (SLERF), a new sloth-themed memecoin, is now trading on at least four crypto exchanges as of Monday. MEXC added Slerf to its “assessment zone,” which is reserved for low-cap digital assets prone to volatility. Poloniex, Bitget and Bybit also said they are listing Slerf for trading. Amid the token launch and exchange listing news, Slerf soared to a high of $1.25 on Monday, and…

Solana Memecoin Presale Gone Wrong: Creator Burns $10M

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A new Solana-based memecoin launched today, becoming the talk of the town, and whales have noticed it. However, the reasons behind this might be different from what everybody expects. Since its launch, Slerf (SLERF), the newest Solana-based project, has been trending for all the wrong reasons. The project successfully raised $10 million during its presale and saw most of the token supply burned by accident. Solana Memecoin Launch Sees Millions Gone Just a few hours ago, the Slerf creator and the presale investors were full of excitement and expectation as…

What is SLERF? Solana Meme Coin Flies as Developer Loses $10 Million in Presale Funds

SLERF’s launch came on the back of an ongoing narrative that has seen developers raising millions of dollars, usually in SOL tokens, on the promise of a meme coin airdrop. Some on-chain watchers estimate that over $100 million worth of tokens were sent to such presales over the weekend. The frenzy contributed toward the SOL price crossing $200 for the first time since November 2021. Source