Even though all coins are showing bullish trading signals and are massively trading below their usual prices, Solana has seen a decent breakthrough.
Its upward trajectory has defied the broader market situation as it surged by more than 2.3% in the last 7 days.
This resilience has been a key trading point for the fifth-largest coin by market cap and has repeatedly proven that it can compete with heavyweights such as Bitcoin and Ethereum.
Many experts suggest that SOL has good potential to pass the $200 mark in the near future which could trigger a massive bull run when that happens.
Investors should be prepared for when that happens and invest in the most potential tokens on the market – Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK) and Memebet Token ($MEMEBET).
Let’s check out the details.
Solana’s Rebound Amidst The Bearish Market Situation Highlights Its Potential In the Near Future – New Presales Are the Best Option for Investors
Solana is currently experiencing a rise in value amid a broader bearish market, but its long-term outlook remains promising.
Right now, its price is standing at $175, however, according to some predictions, SOL could potentially reach $354.78 by the end of 2024, which would represent a significant increase from its current levels.
Other estimates by well-known analysts indicate that SOL's value could range between $200 and $400 by the end of the year, provided that the overall market remains bullish and adoption continues to grow.
Interestingly, Solana's progress is highly correlated with the meme coin market. As Solana gains traction and establishes itself as a powerful alternative blockchain for decentralized applications, the meme coin market also benefits highly.
The thriving ecosystem on Solana provides a new opportunity for meme coins to migrate and capitalize on faster and cheaper transactions compared to other blockchains, like Ethereum.
That’s why it’s no surprise that more investors are turning to this market for potentially high returns as the long-term capabilities keep on getting better.
Most recently, traders are jumping on the hype train for the new Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK) and Memebet Token ($MEMEBET) as they are one of the most promising presales to come out in rec,ent times.
Let’s see what makes these coins so special.
Pepe Unchained ($PEPU) Is Setting the Standards for New Initial Coin Offerings – Presale Nears $23 Million in Fundraising
Pepe Unchained ($PEPU) is the first thing in mind for investors when high return potential is mentioned as this new token is breaking all records.
As a matter of fact, the fundraising is nearing the $23 million milestone and is just $100k shy of that goal.
This remarkable success is all due to the massive technological improvements that it delivers. This project is the first-ever meme coin that has its own blockchain.
The new “Pepe Chain” offers a fix to all problems that traders encounter with Ethereum. More specifically, it fixes the scalability issue.
As it’s designed as a Layer-2 network it also greatly improves the transaction speeds as it lowers congestion on Ethereum’s mainnet, allowing for near-instant bridging between these two networks.
Also, there are rumors that this project is strongly backed behind the scenes by Vitalik Buterin, the creator of Ethereum, which will definitely drive $PEPU’s price upward in the long run.
Crypto All-Stars ($STARS) Has Infinite Long-term Potential As It Gives New Utility to Existing Coins Through the MemeVault Feature
Crypto All-Stars ($STARS) takes the crown as one of the most talked about ICOs currently as its new MemeVault feature is going to be a game-changer once the token debuts.
The MemeVault ecosystem serves as a hub for investors to stake their favorite meme coins and get $STARS rewards for doing so.
This never-before-seen feature allows for unified meme coin staking, which will affect the $STARS token positively.
Even though you can stake 11 meme coins in total right now, the team behind this project has stated that this number will drastically increase once the token hits listings.
The ongoing presale has generated massive hype, accumulating a total of $2.8 million in sales. You can buy $STARS for $0.0015248 per token, which is a fraction of the predicted post-launch price.
Also, all those who choose to stake their $STARS tokens will get an amazing 549% APY reward, making this a quite lucrative option.
Flockerz ($FLOCK) Allows the Community to Voice Their Opinion on Important Decisions and Get Impressive Rewards
Flockerz ($FLOCK) is making quite a name for itself thanks to the ongoing presale, as it passed $1.1 million in sales. This isn’t your typical meme coin hype – it’s got substance, thanks to its unique Vote2Earn model.
As the first project to merge voting power with real rewards, it is showing it’s here for the long haul in a dynamic environment where trends often fade fast.
The backbone of Flockerz is "FlockTopia," a decentralized autonomous organization (DAO) where $FLOCK holders actually get a say in the project’s future.
Unlike traditional, centrally controlled projects, this DAO structure puts decisions directly into the hands of the community.
It also cuts down risks, like the fund mismanagement that plagued some projects in 2023. With Flockerz, holders don’t just vote they earn for their involvement, adding real demand for $FLOCK as a true governance token.
Right now, $FLOCK is available at $0.0058628, but with an upcoming price increase, now might be a good time to jump in.
Memebet Token ($MEMBET) Aims To Revolutionise the Online Gambling Sector Thanks To Its Native Coin and Casino Set to Launch After The Presale
The Memebet Token ($MEMEBET) has been gathering strong support, even catching the eye of some big names in the crypto community.
Right now, the presale price is holding at $0.0262, but it’s set to go up in just three days, and with over $534k raised so far, interest is clearly building fast.
What sets Memebet Casino apart from other crypto casinos is its full-on focus on meme coins. Players can bet using popular tokens like Dogecoin, Shiba Inu, Pepe, and others, making it a perfect blend of meme culture and GambleFi.
However, Memebet isn’t just here for laughs as it brings significant value by offering thousands of games and a complete sportsbook where users can wager their favorite tokens.
Plus, the platform is accessible via a web app and Telegram, making it super easy to dive into. With no KYC required, players just connect their wallets and start betting, skipping the usual drawn-out sign-ups.
Conclusion
Solana's ability to hold strong amid a challenging market shows just how promising its future can be.
Analysts are optimistic, with price projections reaching up to $200 or even $400 by 2024, positioning it as a solid bet for long-term investment.
Such a rise could trigger broader market enthusiasm, benefiting meme coins that thrive on high investor sentiment.
For those looking to capitalize on this potential, presales like Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and Memebet Token ($MEMEBET) are showing incredible promise.
With their innovative features and growing investor interest, these projects could lead the next wave of meme coin success stories.
Disclaimer: The above is a contributor post, the views expressed are those of the contributor and do not represent the stand and views of Outlook Editorial.
