Movements Continue in Bitcoin and Solana Meme Coins

In recent times, the cryptocurrency markets have witnessed significant movements, especially in meme coins. While the value of Bitcoin reached $73,500, meme coins also experienced significant gains. The new focus of this movement is meme coins based on Solana. A coin named “Jeo Boden” (BODEN), which parodies the name of the President of the United States, Joe Biden, has increased its market value by 54% in the last 24 hours, surpassing $250 million. Solana-Based Meme Coin Market Although Jeo Boden has not yet been listed on a centralized exchange, it is only trading on Raydium, the decentralized exchange of Solana. The developers of this meme coin had set a market value target of $300 million since its launch on March 9, but it is emphasized that this coin has no real value or financial return expectations. Analysis of the Cryptocurrency Education Firm The popularity of Solana-based meme coins is evidenced […]

Movements Continue in Bitcoin and Solana Meme Coins

In recent times, the cryptocurrency markets have witnessed significant movements, especially in meme coins. While the value of Bitcoin reached $73,500, meme coins also experienced significant gains. The new focus of this movement is meme coins based on Solana. A coin named “Jeo Boden” (BODEN), which parodies the name of the President of the United States, Joe Biden, has increased its market value by 54% in the last 24 hours, surpassing $250 million.

Solana-Based Meme Coin Market

Although Jeo Boden has not yet been listed on a centralized exchange, it is only trading on Raydium, the decentralized exchange of Solana. The developers of this meme coin had set a market value target of $300 million since its launch on March 9, but it is emphasized that this coin has no real value or financial return expectations.

Analysis of the Cryptocurrency Education Firm

The popularity of Solana-based meme coins is evidenced by raising $122.5 million in 27 pre-sales this year. According to the Singaporean cryptocurrency education firm Gryphsis Academy, these tokens are successful in attracting attention due to their viral effects on social media. Limited-time offers and a sense of urgency are increasing interest in these coins by enabling investors to act quickly.

Anatoly Yakovenko, the co-founder of Solana, expressed concerns about the pre-sales of meme coins and stated that this trend needs to be stopped. This frenzy of meme coins in the Solana ecosystem is causing many investors to shift their focus to cryptocurrencies.

These interesting developments in the cryptocurrency world present both opportunities and risks for investors. In this volatile market, it is important for investors to be careful and make investment decisions consciously.

how to buy crypto?
Related Posts

Token Lock Releases and the Market Impact of ID Token

News 1 month ago

The cryptocurrency ecosystem closely monitors token lock release events, especially with great attention. Within the next week, it is indicated that token lock releases worth approximately $45.80 million will take place. These events can significantly affect market fluctuations. Particularly, ID, the local token of the Space ID platform that provides domain services in blockchain networks, is one of the key tokens that investors keep an eye on. ID Token Lock Release The lock release of the ID token, which will show an increase in supply of approximately 4.29%, will take place on April 22 at 03:00. This event can affect the market value of the ID token and the interest of investors in this token. Currently, the token is trading at $0.849 level and investors are closely monitoring this process. ID Chart Analysis According to the four-hour chart analysis of the ID token, an exit from the falling channel formation […]

Analysis of XRP Coin on SEC Lawsuit and Market Impacts

News 1 month ago

The ongoing legal process with the SEC has been affecting the market evaluations of XRP coin. Lawyers are set to present their appeals on Monday. Experts indicate that the increase in circulation supply will make it difficult for XRP to reach its former highs. Nevertheless, the recent short-term recovery in its price is promising. Market Dynamics and Price Movements Following recent losses, XRP has risen by 5.55% to $0.53. While its losses were greater compared to other cryptocurrencies, it is currently showing signs of recovery. Legal evaluations, court documents, and other details may positively or negatively impact XRP’s price in the future. Throughout 2024, the market has been on the rise while XRP has been lagging behind other altcoins. It lost 15% this year, while Bitcoin showed a 35% increase. This underperformance of XRP has prevented its growth even in high-risk appetite days. Investor Interest and Expectations Some investors may […]

The Strong Structure of Cardano (ADA) Treasury and ADA Coin Price Predictions

News 1 month ago

Cardano’s (ADA) treasury holds 1.5 billion ADA, which accounts for more than 4% of the circulating supply and is worth around $720 million with the current market value. These funds in the treasury are used to support the ecosystem and finance new projects. The Cardano ecosystem aims to create a self-sustaining structure using this balance. Features of the Cardano Ecosystem Cardano has a decentralized structure and allows ADA owners to vote democratically. This structure strengthens decentralization and democratic governance. The funds in the treasury increase through network activity, and a portion of transaction fees and block rewards accumulate in the treasury. The community votes on the use of these funds to finance projects. However, despite the expansion of Cardano’s smart contract capabilities, the number of applications that attract a significant and large user base on the network remains insufficient. The Future of ADA Coin According to technical analysis expert Ali […]

0 Comment

Write a Comment

how to buy crypto?
  • USD
  • EUR
  • GBP
  • AUD
  • JPY
  • bitcoinBitcoin(BTC)
    $69,784.000.00%
  • ethereumEthereum(ETH)
    $3,823.521.94%
  • tetherTether(USDT)
    $1.000.18%
  • binancecoinBNB(BNB)
    $615.88-0.89%
  • solanaSolana(SOL)
    $177.67-1.44%
  • staked-etherLido Staked Ether(STETH)
    $3,817.631.89%
  • usd-coinUSDC(USDC)
    $1.000.01%
  • rippleXRP(XRP)
    $0.53-0.63%
  • dogecoinDogecoin(DOGE)
    $0.167344-0.57%
  • the-open-networkToncoin(TON)
    $6.452.20%
Random