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Cryptocurrency News Articles
Solana (SOL) Gains Momentum as Crypto Whales Turn to JetBolt (JBOLT)
Oct 01, 2024 at 04:06 am
Solana (SOL) has surged by 14.2% this month, hitting $157.04, but it’s not the only altcoin making waves. Crypto whales are now flocking to JetBolt (JBOLT)—the latest crypto presale sensation.
Solana (SOL) has seen a 14.2% price increase over the past month, currently trading at $157.04 and continuing its bullish momentum. After consolidating around the $150 mark for over 220 days, SOL began bouncing off critical support levels. The 50-day moving average (EMA) is at $141.74, and the 200-day moving average (EMA) is at $154.66. Breaking above this resistance has reignited bullish sentiment, with expert crypto analysts predicting further gains if Solana maintains its current momentum.
As Solana climbs, crypto whales are flocking to JetBolt (JBOLT) during its presale, attracted by its zero-gas technology and easy crypto-earning staking features. Here's a closer look at both coins and what's driving crypto whales to JetBolt (JBOLT).
Solana (SOL) Surges 14.2% This Month: Breaking Through Key Resistance
Solana (SOL) has been making headlines with a 14.2% price gain this month, showing strong bullish momentum. As of press time, SOL is trading at approximately $157.04, continuing its upward trajectory after consolidating around the $150 mark for over 220 days.
Technical analysis indicates that Solana has been bouncing between key support levels, with the 50-day moving average (EMA) currently holding at $141.74, while the 200-day moving average (EMA) sits at $154.66. Breaking above this resistance has reignited bullish sentiment, with expert crypto analysts predicting further gains if Solana maintains its momentum.
Market watchers are also paying close attention to SOL's next move, especially with the ongoing rise in DeFi activity and Solana-based NFTs adding fuel to the rally. The recent announcement of new network upgrades, coupled with increasing whale activity, could push Solana past its psychological resistance at $200. However, if SOL fails to maintain its pace, we may see a temporary retracement back to the $150-$155 zone.
As Solana continues to climb, the question remains: can it sustain this rally, or will the market cool off as crypto whales begin to shift their attention to new coins like JetBolt (JBOLT)?
Why are crypto whales flocking to JetBolt (JBOLT)?
For this week’s crypto presale news, JetBolt (JBOLT) has captivated the attention of crypto whales since its presale, which was launched in August 2024. This new coin is gaining traction fast, with over $200,000 already raised in presale revenue. What’s driving the excitement? JetBolt’s fully-developed ecosystem stands out, delivering zero-gas transactions, lightning-fast speeds, and a suite of cutting-edge features designed for seamless blockchain interactions.
JetBolt leverages Skale, a zero-gas network, making it attractive for those frustrated with rising transaction fees on other blockchains. Combined with an easy-to-use Web3 wallet and easy-to-earn staking, JetBolt delivers a user-friendly experience. Its AI-powered crypto market insights tool adds even more utility, helping JetBolt users stay informed about the latest market trends.
As JetBolt’s presale continues, major token holders from across the crypto space are accumulating JBOLT tokens, drawn by the platform’s groundbreaking technology and enticing perks, such as the Alpha Box feature that grants up to 25% extra JBOLT tokens for batch purchases. As JetBolt establishes itself as a game-changer, crypto whales are moving quickly to secure their stake in this exciting altcoin.
The question is, with crypto whales buying up JetBolt, will this new coin set the stage for the next major breakthrough in the altcoin market?
Conclusion: Solana (SOL) Gains Momentum as Crypto Whales Turn to JetBolt (JBOLT)
Solana (SOL) surged 14.2% this month, almost reaching the $160 mark as it continues its bullish trend. Alongside this news, crypto whales have been shifting focus to JetBolt (JBOLT) during its presale, drawn to its zero-gas technology and crypto-earning staking. As Solana breaks through key levels, the excitement around JetBolt suggests that whales are actively diversifying into this new altcoin. Both coins are creating remarkable buzz that are worth exploring further, shaping the crypto landscape in different yet equally effective ways.
If you’d like to know more about JetBolt and its exciting presale, check out the links below:
Buy JetBolt tokens on presale here: https://jetbolt.io/
Follow JetBolt on X/Twitter: https://x.com/jetboltoffic
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