$SOL is on fire! Retail investors are crazily trading Meme coins, and the hype is soaring!
Recently, the Sol blockchain platform has been incredibly popular, and the Meme coins on it have skyrocketed as well. Meme coins like BONK and PEPE are shining brightly on Sol.
BONK surged by 97% within a week, with trading volume reaching $2.1 billion, leaving people in awe.
As for PEPE, since being listed on major platforms like Coinbase and Robinhood, it has also skyrocketed by over 66% in just a week, truly unstoppable.
Then there's the squirrel-themed PNUT, which has risen more than 12 times; although it has slightly retraced, it still maintains strong momentum.
The Sol platform is riding this wave, with prices hitting new highs, and it's about to catch up with last year's peak.
Everyone believes that Sol still has a lot of room for growth, especially since it has broken through important price thresholds, attracting a large influx of institutions and retail investors.
Why has Sol become a popular choice for Meme coins?
Simply put, it’s because of its low transaction fees and fast transaction speeds. BONK is practically a symbol of Sol's resurgence, with community members working hard to push its price higher and planning to burn a large number of tokens to increase scarcity.
Currently, applications on Sol are consuming BONK daily, making its practicality increasingly strong. Compared to older predecessors like DOGE and SHIB, BONK's market value is still relatively low, but the potential for future growth is enormous.
PEPE is also riding the wave of being listed, with prices soaring and its market value exceeding $8 billion.
The recent boom in Meme coins is primarily driven by the enthusiasm of retail investors; when BTC rises, the entire market recovers, but retail investors prefer these niche yet high-potential Meme coins. Now the Sol ecosystem and the Meme coin market are receiving a lot of attention, and the enthusiasm of retail investors is like a fire, continuously driving up the prices of these speculative assets.
Recently, I plan to set up a potential coin that is ready to explode, doubling my investment should be quite simple, and I’m also looking for some potential coins to hold until the end of the year, expecting a growth potential of over ten times is not an issue, if you want to follow along, like + comment, and I’ll share it for free.
