😱🚀🚀3 Solana Altcoins with big bang potential
Known as a Chainlink-killer with super fast speed, PYTH network, a Solana-based project is making waves in the crypto space.
PYTH price
Despite a declining trend in the daily chart, the PYTH price trend shows a bull cycle ready to ignite. With the broader recovery, the breakout chances for PYTH to tease a new bull run are increased.
The overhead trendline breakout and the 23.60% Fibonacci level break at $0.35 will push the PYTH price to $1.10.
Solana-Based DEX: Jupiter (#JUP )
Finally, ending the list of our must-buy Solana-based altcoins, Jupiter ($JUP ), a DEX aggregator. With a TVL of $556 Million, the boost in the crypto market could result in a spike in leveraged trading over Jupiter. As Jupiter is close to entering the top 5 DeFi protocols over Solana, the upside potential in JUP is massive.
With a double bottom reversal starting in JUP price after the recent correction, the trend momentum spikes up. As the uptrend continues, a bullish breakout of the 23.60% Fibonacci level at $1.32 could result in a price jump to $2.75.0
Hence, with a 200% upside target, Jupiter is one of the best buy options in our list of top Solana-based altcoins.
Solana-Based Meme Coin: #BONK ($BONK )
As meme coins are spearheading the bull run in the crypto world, BONK, a Solana-based altcoin, is a top choice in the meme coin segment. With a market cap of $1.429 Billion, BONK has witnessed an exponential surge since its inception.
In the daily chart, BONK survives the recent crash as the buyers remain dominant over a long-coming support trendline. As the bull cycle starts to gain momentum, a bullish breakout of the overhead resistance can jump to $0.000042.