2024-06-02 02:46:30 ET
Solana (SOL) has change into one of many fastest-growing blockchains in 2024, as builders make the most of its quick transaction speeds and decrease transaction prices. It’s the second-biggest participant within the Decentralised Finance (DeFi) business after Ethereum whereas its DEX platforms like Raydium, Orca, and Jupiter have change into giants
Solana’s meme cash are doing properly
Solana has additionally change into a high community for meme coin creators. Dogwifhat (WIF) launched earlier this yr on Solana, has change into the fourth-biggest meme coin within the business with a market cap of over $3.3 billion.
Bonk, which turned fashionable in 2023 has additionally continued rising, giving it a market cap of over $2.3 billion. E book of Meme (BOME) is valued at over $906 million whereas Cat in a Canine World (MEW) has attained a valuation of over $381 million.
Different fast-growing Solana meme cash like Poppcat, Ponke, and Myro have continued to realize market share within the business.
These tokens have finished properly due to the rising demand for property in Solana’s ecosystem. The identical is going on in different industries like gaming, liquid staking, tokenisation, and decentralised public infrastructure networks (DePIN).
Second, Solana has stronger options than Ethereum. It could deal with hundreds of transactions per second whereas Ethereum can course of lower than 50. Its value of dealing with transactions is considerably decrease than Ethereum. As such, meme coin holders can get monetary savings when doing transactions.
Piggy Bankster token sale forward
Piggy Bankster
($PIG) goals to change into the subsequent large factor within the Solana ecosystem because it seeks to begin its token sale on June 4th. Not like different token gross sales, PIG wll supply a good sale, that means that each one of its 100 million tokens will likely be accessible on day one. The token sale will begin at $0.00012 whereas the preliminary liquidity will likely be $12,000.
The meme coin goals to begin a brand new motion within the meme coin business by launching a pig-themed token. This has been a preferred method prior to now. Dogecoin and Shiba Inu popularised dog-themed meme cash whereas Pepe turned a giant frog-themed token.
Popcat and Cat in a Canine World have change into fashionable cat tokens whereas Coq Inu has represented chickens properly.
Piggy Bankster’s token sale comes at a time when many builders have raised tens of millions of {dollars} of their token sale.
BitBot not too long ago concluded its token sale
, elevating over $3.8 million from traders. Earlier than that, Bitcoin Canine raised over $15 million for what it claimed was the primary ICO on the Bitcoin blockchain. You possibly can be taught extra about Piggy Bankster on its
web site
.
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Solana meme cash are booming: Piggy Bankster (PIGS) may very well be subsequent
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