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#Solana🚀 has emerged as a standout performer, with its price doing a 10X surge. This surge in price, particularly in the aftermath of the FTX collapse, has been remarkable. This is a story of Solana's resilience but also highlights how it survived a particularly bleak crypto winter. Let's do a deep dive into the factors driving Solana's ascent and speculate on its future. Solana stands at the forefront of the next generation of blockchain technology. The success of these DEXes, alongside the proliferation of NFT marketplaces and the viral uptake of meme coins such as BONK, exemplifies Solana's capacity to host and support a diverse range of blockchain applications, setting a new benchmark for scalability and user engagement in the cryptocurrency space #BONK.

#Solana🚀 has emerged as a standout performer, with its price doing a 10X surge. This surge in price, particularly in the aftermath of the FTX collapse, has been remarkable. This is a story of Solana's resilience but also highlights how it survived a particularly bleak crypto winter. Let's do a deep dive into the factors driving Solana's ascent and speculate on its future.

Solana stands at the forefront of the next generation of blockchain technology.

The success of these DEXes, alongside the proliferation of NFT marketplaces and the viral uptake of meme coins such as BONK, exemplifies Solana's capacity to host and support a diverse range of blockchain applications, setting a new benchmark for scalability and user engagement in the cryptocurrency space #BONK.

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#memecoin‬⁩ plays are becoming a valid way for speculators and gamblers to thrive during bull runs. If at all you are looking at this growing class, be ready to lose it all (and therefore allocate a 2% of crypto portfolio into them). The narrative to follow here is to identify the main memecoins on Layer 1s that are growing well – they give a higher beta to layer 1 assets. #Etherrum (DOGE, SHIB, PEPE, FLOKI), Solana (BONK, WIF, MYRO) and Avalanche (COQ) a great ride 2024 has already been! Bitcoin is up 60% year-to-date and is nearing price discovery mode after taking out its previous all-time high. Ethereum, Solana, and other top altcoins have followed the #1 asset’s price action and have registered considerable gains too. To maximize your crypto portfolio returns, it's prudent to allocate a good share to emerging and upcoming narratives that will drive value in the ecosystem. In our last article, we covered layer-2 solutions, decentralised protocols and gaming ecosystems AI is the next big narrative globally and crypto-based AI tokens have the potential to deliver decentralized scaling of AI solutions. The frontrunners in this space are Render (RNDR) and Fetch.ai (FET). The risks involved in this space are: how well the general AI narrative takes shape globally and how soon. #RNDR: is basically a decentralised GPU network. If you have idle GPU at your home, you can loan out that GPU for others to use to implement AI services. A simple yet effective idea. RNDR has a market cap of $3.7 billion currently and can do a 5-8x over the next two years potentially.
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