Solana’s (SOL) Struggle Continues, Buy the Dip? dogwifhat (WIF) Loses

Matt Williams

Last updated:

April 18, 2024 at 09:15 GMT+3

| 3 min read

The frenzy around Solana (SOL) seems to be declining. It can’t always go up, right? The network has been facing challenges, notably its failure to handle a surge in transaction requests. This resulted in an outage and the token’s price approaching support levels.

SOL, the ecosystem’s native utility token, isn’t the only one facing bearish pressure; dogwifhat (WIF) has also lost significant ground. In addition to the internal struggle within the Solana ecosystem, WIF’s dip is a reflection of broader market sentiment. It is probably time to start buying the dip—hopefully, it doesn’t dip further.

However, it isn’t all grim in the crypto landscape. InQubeta (QUBE), a top ICO, is preparing for an explosive market debut after raising over $13.6 million in early funding. Its Uniswap listing is imminent and has been hailed as the best new crypto to invest in.

InQubeta (QUBE): Anticipated 50X Surge Post-Launch

InQubeta (QUBE) is one of the reasons to be excited this quarter. It is about to launch and early holders couldn’t be more excited.

However, interested investors can still ape into the project ahead of its launch; there is a window of opportunity. The presale is currently in stage nine and at $0.028 per token, it is a steal considering the projected growth. According to experts, it will experience a 50x upswing post-launch.

Besides its bullish upside prospects, it intends to reshape the future of AI. InQubeta’s crypto-based crowdfunding platform for AI tech startups will enable fundraising through the QUBE token. Also, through its custom-built NFT marketplace, investors can become early backers of trailblazing AI ventures with no limit on investment.

Visit InQubeta Website

Solana (SOL): Trading on the Downside

Solana (SOL) was one of the biggest highlights of the year’s first quarter. It hit $200 amid the memecoin craze, with investors making significant gains. However, it has been in decline since registering its annual peak, with traders now favoring new coins like Wormhole, Starknet and DYM.

The frenzy around the ecosystem resulted in a surge in transaction requests. While it has been smooth sailing—besides previous outages—the network experienced setbacks in handling the spike in transaction requests, resulting in another...

https://cryptonews.com/news/solanas-sol-struggle-continues-buy-the-dip-dogwifhat-wif-loses-ground-inqubeta-qube-prepares-for-huge-surge.htm

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