Jakarta, Pintu News – The crypto market is showing interesting dynamics as we enter June, with several Solana -based meme coins showing growth potential.
Despite the market downturn, major currencies such as Bitcoin and Ethereum are showing a bullish trend. Ethereum (ETH) has surpassed $2,600, while Bitcoin (BTC) is attempting to return to critical price levels.
The Fear and Greed index moving towards the “greed” zone signals increased investor confidence, which makes some Solana coin memes worth considering.
OFFICIAL TRUMP (TRUMP) is the first cryptocurrency to have an official association with Donald Trump. The token has been in the spotlight for the past three days due to its association with the former US President, which provides significant long-term potential.
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Currently, TRUMP is trading at $11.10, with daily trading volume down by 19%, to around $712 million.
Announcements regarding a recent crypto dinner event sparked renewed interest in the token, although the full impact may still not be felt.
Supporters believe that TRUMP could surpass the previous market capitalization record of $9 billion. If it reaches $20 billion, its value will increase 10 times from its current position.
TRUMP airdrops given to crypto dinner attendees are already trading at high prices, signaling strong demand. With market conditions recovering and institutional support increasing, many see TRUMP as a major project with bright prospects.
Solaxy is here to solve Solana’s network problems by building an additional system that works alongside the network. This is the first real Layer 2 blockchain in Solana, with the goal of making transactions faster and more stable.
Solaxy processes most transactions on its own before connecting them back to the Solana network.
This approach helps reduce congestion and increase speed. Currently, the Solaxy testnet is live, allowing users to try out this Layer 2 network.
Users can bridge their $SOL tokens to the Solaxy network, monitor activity through Solaxy Explorer, and even launch their own smart contracts.
Solaxy also plans to release new features, such as Solaxy DEX and Igniter Protocol-a Pump.fun-like meme coin launch platform. The aim is to help users avoid failed transactions, unclear fees, and delays.
Enthusiasm is already evident. With 9 days left in the presale, Solaxy has raised $45 million in funds. The current price of the $SOLX token is $0.001748, but it is expected to rise after the presale ends. This is an exciting moment for early buyers before the token is available on major exchanges.
Bonk is a Solana-based crypto project that is starting to make a comeback in the spotlight, especially thanks to the rapid progress in recent weeks.
As one of the first meme coins in the Solana ecosystem, BONK often goes under the radar, despite its market capitalization already reaching around $1.32 billion.
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To provide a 10-fold return, BONK needs to reach a market value of $13 billion – a big target, but not impossible, considering the token once touched nearly $4 billion.
If the positive trend continues, BONK could go much higher. Now could be a good time to buy. Some analysts even estimate that an investment of $1,000 into XRP and BONK today could grow to $56,000 by 2030, from an initial total of just $5,800.
This belief is strengthened by the launch of the new game BONK: Bonk Arena, a top-down Kill-To-Earn arcade game developed by Bravo Ready on the Solana network.
Players need to use 10,000 BONK tokens (approximately $0.17) to join and can earn additional tokens from each opponent they defeat. Winners will receive tokens from eliminated players, at a cost of between 0% and 10%. This game can only be played through Phantom Wallet, both web and mobile versions.
This June, Snorter Token (SNORT) became one of the crypto projects that started to attract attention, mainly due to the combination of meme culture and useful trading features. Major investors began to show interest in the project.
Amidst the high interest in meme coins, Snorter Token will launch a trading bot on Telegram based on the Solana network. The bot provides a variety of important features for traders dealing with fast markets.
Furthermore, it enables fast and secure token exchanges, and comes with fraud detection tools such as honeypots and rug pulls.
Users can also enable the copy trading feature, allowing other traders to copy their strategies. This creates additional income opportunities apart from regular profits. Snorter Token also supports snipers (fast traders), with low fees and technical advantages.
During the presale, the project raised more than $500,000. Currently, the price of one $SNORT token is $0.0945, but this price will increase in the next three days.
The last project on this list is dogwifhat (WIF), which was trending today as it is currently trading below $1.
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This level is considered a strong entry opportunity, given that the All-Time High once stood at around $4.56.
If WIF returns to those highs, investors could potentially earn about 4.5 times the profit. However, the bigger question is how far WIF can go if the market enters an altcoin supercycle phase-a period where altcoins experience massive surges.
If the token manages to reach a price of $10, the potential profit could increase up to 10 times, making WIF a project with great potential in very bullish market conditions.
That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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