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Cryptocurrency News Articles
The 3 Best Solana Tokens to Invest in for 2024
Jul 24, 2024 at 08:00 pm
While Ethereum-based tokens might've reigned supreme for years, Solana tokens are quickly replacing them. In terms of popularity and gains, Solana-based tokens have crushed their Ethereum rivals this year, and many are wondering, "What are the best Solana tokens to invest in?". We've uncovered three of the best Solana tokens for 2024, each with its own unique potential and bullish indicators that could signal an impending explosion.
Solana tokens are quickly gaining popularity and outperforming their Ethereum rivals this year. Here are three of the best Solana tokens for 2024, each with its own unique potential and bullish indicators.
1. Poodlana (POODL)
Amidst the wave of Shiba Inu-themed tokens flooding the Solana network, Poodlana stands out as a breath of fresh air. Combining haute couture with the viral appeal of SOL meme coins, Poodlana brings a touch of class and sophistication you won’t find elsewhere.
Dubbed the “Hermès of Crypto,” Poodlana is a status symbol. With its regal black poodle mascot, adorned with a crown, Poodlana is reserved for the discerning few who understand that true style and substance are priceless.
But why poodles? Poodles are the epitome of elegance in Asia’s fashion capitals—Japan, Korea, and China—where they consistently rank as a top three dog breed. But they aren’t just crazy about their poodles; they’re also some of the world’s largest consumers of luxury fashion.
China alone accounts for a staggering 22-24% of the internal luxury fashion industry. Japan, on the other hand, represents roughly 6% of the global fashion market. Meanwhile, South Koreans, renowned for their impeccable taste, are the world’s top per capita spenders on luxury goods. With their penchant for luxury, fashion, and poodles, Asian investors are the perfect audience for Poodlana.
Poodlana’s marketing blitz is aimed squarely at these fashion-forward regions, where meme coins like PeiPei and Biaoqing have already seen triple-digit gains. The appetite for meme coins in Asia is insatiable, and Poodlana, using its impeccably lavish branding, could easily capture this enthusiasm to become one of the next best Solana tokens—not just in Asia, but globally.
Now in stage 3 of its 30-day, 10-stage presale extravaganza, Poodlana is priced at only $0.0265 having raised more more than $1.7m in 7 days. Prices rise every three days, designed to drive unrelenting FOMO, and POODL tokens will be tradeable on Raydium within 60 minutes of the presale’s conclusion on the 16th of August.
For more details, visit the Poodlana website.
2. Solciety (SLCTY)
Solciety is a new Solana token and the only political party representing degens in the crypto world. It’s part of the growing PolitiFi space, where political drama meets the high-stakes absurdity of meme cryptocurrencies.
These tokens have been on a tremendous bullish run as the political theater of 2024 heats up. For instance, MAGA’s TRUMP coin surged over 290% in less than a month between May and June. The entire sector currently holds a market cap of approximately $980 million, marking it as one of crypto’s hottest trends right now.
Solciety is engineered for virality. Its standout feature, the Meme Campaigner tool, is a stroke of marketing genius. This unique tool offers more than 200 customization options for users to create and share politically charged memes, designed to capture the most valuable currency in today’s world—attention—and spread the word of Solciety.
As the US election in November approaches, PolitiFi tokens like Solciety are set to gain even more popularity. Now is the perfect time to get in on the action while Solciety is still undervalued in its presale phase.
The Solciety presale is a 15-stage event, with $1m already invested. A total of 3 billion tokens are on offer, with SLCTY currently priced at $0.002289 in the stage 5, and 34.38% remaining before it reaches its final presale price.
For more details, visit the Solciety website.
3. Raydium (RAY)
Raydium is a Solana-based decentralized exchange (DEX) that is fast becoming a cornerstone of the Solana DeFi ecosystem.
As the first Automated Market Maker (AMM) built on Solana and leveraging Serum’s central limit order book, Raydium provides a lightning-fast, cost-efficient decentralized trading environment for uncovering the best Solana tokens.
Raydium has seen an impressive cumulative trading volume of over $53 billion, with a staggering $7.5 billion—approximately 14% of that—traded in the past week alone, according to DeFiLlama. This surge clearly demonstrates its growing dominance and appeal among traders. Additionally, Raydium’s total value locked (TVL) is just shy of $1 billion, accounting for nearly a quarter of the total $4.5 billion locked on the Solana chain.
Raydium is full of
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- SAND, MANA, and AXS Prices Pump – Are Metaverse and Gaming Narratives Waking Up?
- Nov 24, 2024 at 06:30 pm
- Memes and AI narratives have taken the show in this bull run. Some sectors that were hot in the 2021 bull run, such as metaverse and gaming, haven't produced big gains for holders so far in this cycle.