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Cryptocurrency News Video

Bitcoin-Themed Solana Meme Coin Surges 600x, While Another Bitcoin ICO

Mar 16, 2024 at 08:30 pm Crypto World Daily

Sam Cooling

Last updated:

March 14, 2024 13:27 EDT
| 3 min read







































As Bitcoin continues to chase new all-time highs, Solana meme coin markets remain a hive of activity and Satooshi Nakahobo (BTC) is the latest coin to explode with a 600x surge.

This article will provide an analysis of Satooshi Nakahobo’s current price trends and look to see whether an innovative eco-friendly alternative, Green Bitcoin, represents a more promising investment opportunity at this time.







Satooshi Nakahobo is the latest in a flurry of comedic meme coins such as Jeo Boden which have exploded in recent weeks amid a new trend for popular figure spin-off tokens, and with the rallying call ‘i med beetcoin satooshi nakahobo is mi name $btc’ it’s clear BTC token hit the meta mark.

BTC Price Analysis: Can Latest Solana Meme Coin Satooshi Nakahobo Sustain Moon-Shot Rally?.


As price action reels from the major upside move, Satooshi Nakahobo token is currently trading at a market price of $0.00165 (representing a 24-hour change of +9.85%).

This comes after launching at 9PM (UTC) on March 12, with almost immediate traction sending price a shocking +716,750% in less than 6-hours.

A subsequent -73% retracement move saw BTC price establish a strong double-bottomed lower support level around $0.001-$0.0016.

The strong defense by holders here set the stage for a further +350% second rally leg, which saw an all-time high created at $0.0038.



Satooshi Nakahobo’s second rally leg was fuelled by an influx of $3.5m in trading volume over the past 24-hours.

Despite the localized retracement following the all-time high, BTC’s market cap still stands at $1.56m – suggesting there could be as much as a 3-6x return left in this run.

Yet, investors should exercise caution due to the unlocked nature of BTC’s $130.47k liquidity pool – which could be removed at any moment.

For this reason, smart money investors are shifting their attention to an emerging eco-friendly Bitcoin alternative that could supercharge your portfolio as we head into the bull run.

Is Predict2Earn the Future? Here’s How Green Bitcoin Delivers Eco-Friendly Blockchain To BTC: $4.3M Raised.




Emerging crypto presale, Green Bitcoin ($GBTC), is garnering major attention from investors ahead of the next BTC halving event in just...

https://cryptonews.com/news/bitcoin-themed-solana-meme-coin-surges-600x-while-another-bitcoin-ico-reaches-4-million-milestone.htm

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