Bitcoin and altcoins continue to be rocked by macroeconomic and geopolitical uncertainty, but data shows bulls continue to buy each dip.
Category: solana
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Melania Trump Unveils Personalized Mother’s Day Jewelry Plus Solana NFT
Former First Lady Melania Trump has announced a customizable $245 necklace, “Her Love & Gratitude,” to celebrate Mother’s Day on May 12, 2024; the necklace comes with a flower pendant, an adjustable chain, and options for personalization with names, initials, or dates. Buyers of the necklace will also receive a limited-edition digital collectible minted on […]Solana Developers Deploy Fixes to Mainnet to Address Network Congestion
Solana developers have successfully pushed a series of fixes to address network congestion issues. On April 15, Solana urged validators to update to v1.17.31, a version that changes how certain validators are treated depending on their stake. Further fixes will be shipped in the coming weeks, including a new scheduler that will be disabled by […]Drift Foundation Announces 100 Million Token Airdrop for Solana-Based Dex Users
On April 16, 2024, the Drift Foundation, which supports the Solana-based decentralized exchange (dex) platform Drift, disclosed plans to distribute 100 million tokens to its users. The tokens will function as the platform’s governance coin, to be utilized by the community and the Drift decentralized autonomous organization (DAO). Solana-Based Dex Platform Drift to Distribute Governance […]Solana’s Leading Memecoin Dogwifhat Plummets 13% Today, 24% Weekly Drop Amid Whale Activity
Dogwifhat ($WIF), one of the largest memecoins on the Solana network, has experienced a significant decline, dropping by 13% in a single day and 24% over the course of the week. This downturn comes as Lookonchain data reveals a substantial sell-off by a notable whale following the market slump. The whale, known for their shrewd maneuvers in the memecoin space, capitalized on various tokens, including $WIF, $POPCAT, $WEN, and $Hobbes. Their trading prowess is evident in the impressive profits amassed across these assets, with gains ranging from 144% to a staggering 1658%. A whale dumped 1.22M $WIF for 3.13M $USDC
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Cryptocurrency Market Faces Significant Declines As Bitcoin, Ethereum, And Solana Lead The Drop
In the past 24 hours, the cryptocurrency market witnessed a notable downturn, with Bitcoin (BTC) plummeting to a low of $65,086, marking a 4.57% decrease. Ethereum (ETH) also experienced a significant drop below the $3,200 mark, down by 8.12%. Solana (SOL) followed suit, falling below $150 with a 12.68% decline. BTC fell to a low of $65,086, a 24-hour drop of 4.57%. ETH once fell below $3,200, down 8.12% in 24h. SOL fell below $150, with a 24-hour drop of 12.68%, WIF dropped 24.1% and PEPE dropped 20.3%. The entire network liquidated $829 million in the past 12h, of which
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Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic
Anza, a collective of developers focused on the Solana blockchain, has produced a fix that aims to reduce the congestion that the network has been experiencing. The new version of Solana, now being tried in testnet, includes a feature called stake-weighted quality of service (SWQOS), that prioritizes transactions from higher quality validators. Solana Gears up […]FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were not immediately available due to a vesting schedule. Insiders Say FTX Sold Millions of Locked Solana Tokens at a Deep Discount The bankrupt entity formerly […]Dogwifhat (WIF) Emerges As A Dominant Solana Meme Coin
Dogwifhat (WIF) has asserted its dominance as the leading meme coin built on the Solana blockchain, marking a significant milestone in its trajectory. The popular meme coin surged by 20% on Friday, catapulting its price to surpass the $4 mark and establish a new all-time high. Today, WIF’s price continued its upward trajectory, exceeding $4 and boasting a market capitalization of $4 billion. DOGWIFHAT PRICE ANALYSIS & PREDICTION (March 29) – WIF Breaks Higher: Tests $4 After Surging 60% Weekly This surge propelled WIF to become the third-largest meme coin, trailing only behind renowned counterparts DOGE and SHIB, and surpassing
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Solana’s New Memecoin ‘$SMOLE’ Sends Traders On Rollercoaster Ride
The launch of $SMOLE, a new memecoin on the Solana blockchain, has injected excitement into the trading community, albeit with mixed outcomes for investors. Shortly after Smile ($SMOLE) hit the trading floor, one savvy trader capitalized on the opportunity, raking in profits of 18,986 $SOL, equivalent to $3.6 million, in just 15 minutes. Only 15 minutes after $SMOLE started trading, this whale made 18,986 $SOL($3.6M) by trading $SMOLE. He spent 18,460 $SOL($3.5M) to buy 22.21B $smole within one second after $SMOLE opened trading, then sold it for 37,446 $SOL($7.1M). Made 18,986 $SOL($3.6M) in just 15 minutes!… pic.twitter.com/qLyKJi73Jb — Lookonchain (@lookonchain)
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