The Solana memecoin trend is gaining momentum as other major memecoins like Shiba Inu (SHIB), Dogecoin (DOGE), and DogWifHat (WIF) are struggling to maintain their position, trading sideways and losing steam in recent weeks.

As a result, many investors who previously held SHIB, DOGE, and WIF are now turning to emerging Solana-based memecoins, like MUSKBTC, as an alternative investment.

While these memecoins lack any real utility or intrinsic value, they have become attractive to those looking for potentially huge returns. Investors are flocking to these tokens because of the high possibility of a rapid price surge, especially as their popularity grows in anticipation of exchange listings.

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