🪙 The #Solana network has been experiencing congestion for several days now

Transactions have been delayed or failing. This is attributed to the increased activity of meme tokens on this blockchain. Developers promise to release a patch to fix the issues soon.

Do you think this is another signal of the prospects of meme tokens? Maybe we should make our own?

#News

🚀 The results of the cryptocurrency market for the first quarter of 2024 are in

The total market capitalization increased by 64.5%

#Bitcoin set a new all-time high at $73,737

Solana and Maker grew by 100% and 132% respectively

#Ethereum increased by 60% due to reduced fees and restaking

The market capitalization of the top 10 meme coins on #Solana reached $9.36 billion

💩 12 out of 27 meme coins on #Solana were abandoned after the presale

According to estimates, users lost about 180,650 #SOL, which is approximately 27 million dollars in monetary value.

Here we go, the meme trend, but we know which project is really worth investing in 😉

🍒 A cryptan schoolboy's mom showed her breasts on a streamer and helped her son fume his memcoin by 8 000%

MomToken #LIVEMOM based on #Solana gave a boost in a moment of explicit content, but immediately dropped 80% afterward

Now the main thing is that the schoolboy should not repeat the scheme with his dad 🙅‍♂️

#CryptoNews

🪙 A record number of native SPL tokens are being created on the #Solana network

On May 4th, the daily figure approached 15,000. Coincidentally, #Coinmarketcap added 138 meme coins in April, whereas just a year ago, only 18 were added.

Is this a sign of a new trend in meme coins or a springtime surge in scammers? 🤔

😰 They barely approved the #Ethereum #ETF and they're already discussing a #SOL ETF.

However, a SOL ETF might face several difficulties since there are no futures ETFs for SOL yet, and the #SEC has recognized #Solana as a security.

Meanwhile, #ETH has managed to break through $3,900 🚀

#CryptoNews

#Opinion

⚡️#StandardChartered believes that #ETFs on #Solana and #XRP can be expected by 2025

At this rate, we might see an ETF on #PEPE by 2030 😔

#Opinion

🪙 Robert Kiyosaki now expects #Bitcoin to reach $350,000 by the end of August. Previously, his forecast was $125,000 by the end of the year.

The author of financial bestsellers (not our opinion — aggregator sites consider it so) stated that he continues to buy #BTC, #Ethereum, and #Solana because he is fully confident in their further growth.

In addition, Robert called the current President of the United States, Joe Biden, incompetent in the matter of cryptocurrencies and urged adding #gold and #silver to one's investment portfolio.

🐶 Since the beginning of April, more than 1 million new tokens have been released

Most of them are #memecoins on the #Solana and #Ethereum blockchains. Additionally, projects in the #TON ecosystem have been gaining popularity recently, further confirming the trend towards memes.

In this regard, we offer you a small tournament in the comments under the post:

Share in the comments the strangest/funniest/trashiest memecoins you know and write why you would invest in these projects or not.
The best authors will receive proper respect and shoutouts from our community 🫡

⚡️ An application has been submitted to the #SEC for launching an #ETF based on #Solana

#VanEck has submitted an application to launch an exchange-traded fund based on #SOL, where the altcoin is referred to as a commodity, without the possibility of staking.

The coin immediately responded with growth, and analysts from #GSR stated that if spot Solana-ETFs are approved, a 9-fold increase in SOL can be expected.

#CryptoNews

#Opinion

🚀 #GSR predicts that #Solana could rise to $1300 if an #ETF is launched

Besides the price prediction, market maker specialists analyzed several assets based on technology, financial flows, decentralization, and market demand criteria. They concluded that #SOL has the highest chances for #ETF approval following the launch of an ETF on #Ethereum

⚡️ Forms for listing a #Solana-#ETF have been submitted to the #SEC

🪙 19b-4 forms were sent by the options exchange #CBOE on behalf of #VanEck and #21Shares. #Bloomberg analysts predict a decision deadline for the applications by March of next year. They also highlight that the results of the US presidential election could further influence the approval of the #SOL-ETF.

🔷 Meanwhile, issuers of spot #Ethereum-ETF, including #BlackRock, #Fidelity, #Grayscale, #21Shares, #Franklin #Templeton, and VanEck, have submitted updated application forms to the SEC. Experts now cite July 18 as the listing date for the #ETH-ETF.

#CryptoNews

🌍 Weekly news #CryptoDigest:

🪙 BTC.D (Bitcoin Dominance over altcoins) — 56.60%
🧭 Fear and Greed Index — 74

🇺🇸 July 31 9:00 PM USD — Fed Interest Rate decision. Forecast — 5.50%; previous number — 5.50%.

🇺🇸 August 2 3:30 PM USD — Unemployment rate (June). Forecast — 4.1%; previous number — 4.1%.

🪙 #Solana has surpassed #BNB in market capitalization, and the price of #SOL is preparing to reach $200.

🪙 A new bill has been introduced requiring the US Federal Reserve to hold #BTC as a strategic reserve asset.

🎙 At #Bitcoin2024, Donald Trump gave a speech promising to fire the head of the #SEC and stated that the US will become the world leader in the crypto industry.

✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.

🪙 For the first time in history, #Solana has surpassed #Ethereum in trading volume on #DEX

According to #Defillama data for July, the trading volume of #SOL on decentralized exchanges amounted to $55.8 billion, compared to $53.8 billion for #ETH.

📉 However, despite these positive indicators for Solana, the coin has gone down amidst new testimonies from an #FTX whistleblower. The testimonies reveal that SBF’s conglomerate currently holds about 8% of SOL in its secret wallets, which amounts to approximately $6 billion.

✅ Join our chat, where KickEX experts will answer any of your questions regarding trading and the exchange's operations.

#CryptoNews

🌍 Weekly news #CryptoDigest:

🪙 BTC.D (Bitcoin Dominance over altcoins) — 57.35%
🧭 Fear and Greed Index — 25

🇺🇸 August 15 15:30 USD — Number of initial jobless claims. Forecast — 235k, previous value — 233k

📌 #Matrixport believes that a Bitcoin rally is inevitable after the release of U.S. inflation data

🕯 #Bitcoin is reducing volatility — this year, there have only been 25 days with significant price movement

🔷 Gas fees on the #Ethereum network are at an annual low

🪙 A critical vulnerability in the #Solana network has been fixed

🪙 #Ripple has begun testing its stablecoin — Ripple USD (#RLUSD)

🪙 #BTC reserves on exchanges have reached a 5-year low

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#Analytics #SOL

🪙 Currently, experts estimate the potential of #Solana to be in the range of $300 to $1000 per coin. However, on-chain data points to a more likely scenario in the near future — a return to the $190 level.

Among the most significant reasons for SOL's growth are applications for the launch of #Solana-#ETF, the continued interest in meme coins within this ecosystem, the growing competition with #Ethereum in #DEX, and the active efforts of the Solana team to improve the project.

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this is not a trading recommendation

🪙 SEC Rejects #SOL-#ETF Proposals

The 19b-4 proposals submitted by Cboe BZX from potential #Solana ETF issuers have been rejected by the #SEC. The agency reminded that it still considers Solana a security.

Apparently, Tyler Winklevoss — co-founder of Gemini — was not without reason when he called on over 50 million U.S. crypto investors to put pressure on Kamala Harris to fire the SEC chair and end the "war on cryptocurrency" 🤷‍♂️

#CryptoNews

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🚀 #TRX has become the undisputed leader of the week

#TRON has shown a growth of over 17% in the last 7 days. The reason for this success is the launch of the platform on the TRON network for creating meme coins — #SunPump.

🔼 The platform has already generated $585,000 in the first 24 hours, surpassing the similar solution #Pump.fun on the #Solana network. Justin Sun has stated that TRON is now the top blockchain by revenue.

📈 At the moment, TRX has reached its three-year ATH, and the overall growth for the year exceeds 100%. Meanwhile, most altcoins are still trading significantly below their historical highs.

#CryptoNews

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