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Meme coins and cryptocurrencies are on a roll, hitting impressive numbers lately, a trend resulting from the prevailing optimism in the Bitcoin market. This meme coin frenzy has notably elevated Solana Meme Coins’s trading volume, surpassing Ethereum’s. Pepe coin leads the pack, with other meme coins following close behind.
Despite the excitement, there’s a growing concern among meme coin investors regarding the rapid and steep rise in meme coin values, fearing a potential market correction. Amidst these developments, the presale for BlockDAG (BDAG) is attracting considerable interest among Solana meme coin investors, having already secured $2.64 million in funding.
Pepe Price Prediction: Is Pepe About to Crash?
PEPE has been on a roll recently, mainly due to Binance Pepe promotion. Following the announcement by Binance, the price of PEPE has soared by 368% in the past week. Investors’ sentiment towards Pepe is highly optimistic, with the Fear & Greed Index scoring 82.
However, some traders are beginning to worry that PEPE’s price surged too rapidly and it’s time for a cool-off. Should the trend reverse, Pepe could establish support around the $0.0000062 mark.
Solana Meme Coins Trading Volume Surpasses Ethereum’s
The recent meme coin craze has propelled Solana’s trading volumes to $2 billion in the last 24 hours, while Ethereum has recorded $1.8 billion. According to Dexscreener, a platform that tracks trading activity on DEXs, Solana meme coins trading volume reached $178 million, outdoing Ethereum’s $138 million in the same timeframe among the top 20 trading pairs.
The past day’s most traded Solana meme coins include WIF, POPCAT, BONK, TRUMP, and WEN, with all but TRUMP. This trend marks a noteworthy change in on-chain trading dynamics, highlighting the ongoing tug-of-war between Solana and Ethereum to become the leading platform for memecoin transactions.
BlockDAG – 100x Gems Crypto of 2024
BlockDAG (BDAG) presale is rapidly gaining traction, having raised $2.64 million so far despite being only in the second batch. With the current price at $0.0015, second-batch investors can expect to reap an astounding 3233% ROI when the project officially launches at the listing price of $0.05,
Positioning itself alongside crypto behemoths like Solana, BNB, and XRP, BlockDAG is building a comprehensive ecosystem of decentralised solutions, including smart contracts and DApp integration. However, BlockDAG distinguishes itself by integrating the DAG protocol, which ensures industry-leading speed without compromising security.
Furthermore, BlockDAG showcases its commitment to environmental sustainability by offering an X-series suite of eco-friendly mining rigs, with over 3100 units already sold. There is also a cloud mining option and a mining app, allowing users to mine BDAG without buying expensive mining hardware.
In response to the overwhelming early investor interest, BlockDAG has announced a $2 million mega giveaway shared by 50 lucky community members. To participate in the giveaway, follow BlockDAG’s social media channels, submit your wallet address, increase your chances by completing all quests, and bring friends for additional entries.
In Summary
Solana meme coins trading volume has surpassed that of Ethereum. Pepe is leading the pack. However, anxiety engulfs the meme coins sector as an imminent market correction is on the horizon. Amidst this meme coin apprehension, BlockDAG has emerged as a standout among presale projects, having raised $2.64 million so far.
Join BlockDAG Presale Now:
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetwork
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This sponsored content is not a part of NFTgators’ editorial views and is not an investment advice. Do your due diligence before making any decision.