Best Meme Coins to Buy as Bitwise Solana ETF Debuts with $69.5M Inflows
Quick Facts: 1️⃣ $BSOL’s explosive $69.5M day one inflow and $56M trading volume make it the biggest crypto ETF debut since Ethereum. 2️⃣ Its success signals growing trust and accessibility in crypto and solidifies Solana’s place in mainstream finance. 3️⃣ As momentum builds, the best meme coins like $PEPENODE, $MAXI, and $USDUC could deliver outsized […]
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2024 is officially the year of degens. CoinGecko traffic analysis revealed that meme coins captured 31% of investor interest. This means every third user favored DOGE and PEPE over BTC. Solana, hosting tokens like BONK, WIF, POPCAT, and PNUT, still dominates the sector. Base is a runner-up with a $2.6B meme coin market cap. Other […]
Solana celebrated its 5th birthday yesterday. In honour of the occasion, we decided to take a look at this blockchain’s journey to becoming a leading platform and the home of the best meme coins. Solana was launched on March 16, 2020, by Solana Labs CEO Anatoly Yakovenko and Solana co-founder Raj Gokal and his team. That was right around the time the entire world was forced into lockdown by the COVID-19 pandemic. Some 408B transactions and close to $1T in trading on DEXs later, today Solana is second only to Ethereum in terms of total value locked, at $6.85B. Solana was designed to....
Bitwise Asset Management has updated its proposed Solana exchange-traded fund (ETF) to explicitly include “Staking” in the fund’s name and disclosed a 0.20% unitary sponsor fee—one of the lowest headline fees yet seen for a US crypto ETF. Bloomberg’s James Seyffart flagged the amendment late Wednesday, writing: “NEW: Bitwise files an update to their Solana […]
What to Know: $SOL sees mid-term holder supply drop as market uncertainty rattles Solana. The token has strong support $184, and aims for a breakout above $192. The $54B meme coin market and Solana’s vibrant meme coin economy could send $SNORT and $SOL soaring when the mood turns positive. Solana (SOL) has quietly positioned itself for a potentially significant rally – and its ecosystem of meme coins may be the catalyst. With $SOL hovering around $184, the coin is perched just above a critical support level and eyeing a breakout trigger near $192. As $SOL sits at a crucial point, will....
Meme coin trading on the Solana network has exploded over the last year, with the likes of BONK, Dogwifhat, and POPCAT going from below $1 million to over $1 billion in market cap. There have been other successful coins as well running into the hundreds of millions in market cap. However, one meme coin is […]