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Showing posts with the label layer-2

Solana Closes On All-Time High As First Layer-2 SOL Project Smashes $11M In Presale Funds

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Solaxy ($SOLX), the first Layer-2 built on Solana ($SOL), has raced past $11 million in presale funding after adding another $1 million in the past few days.  With an average daily run rate of approximately $343,750, the project is clearly attracting increasing attention from investors and gaining momentum as it approaches the second month of its fundraising campaign. Solaxy is looking to hop on the $SOL bull run, which just hit weekly highs, and cruise its way to $12 million within the next week. And early investors realizing the opportunity of holding the next Solana can get $SOLX at $0.001604 at the current stage of its presale, but that price is set to increase soon with the next funding stage starting in under two days. Solana’s $SOL used to trade 39,909.61% below its current value, but with high throughput, low latency, and low fees, it became a building ground for new dApps that sparked the demand for $SOL. Now, Solaxy is building on that succes...

Dogwifhat Price Prediction: WIF Surges 13% As This New Solana Layer-2 Rival Hurtles Toward $11 Million In Presale

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The Dogwifhat price has soared 13% in the last 24 hours to trade at $1.74 as of 7.05 a.m. EST on a 100% jump in trading volume to $478 million. Dogwifhat Price Signals A Rebound Within A Bearish Pennant The WIF/USD daily chart presents a compelling potential bullish reversal setup as the price approaches the key support zone around $1.70. This level has already been tested multiple times, establishing a double-bottom pattern that signals the possibility of a trend reversal. The testing of this level increases its significance, suggesting that buyers may be stepping in to prevent a further decline, setting the stage for a potential breakout. The price has been stuck in a bearish channel since November, indicating overall downward pressure. However, recent price action shows that WIF/USD could be preparing for a shift in momentum. The current price is still above the crucial support level, indicating that the market continued to hold its ground above the $1.70 support zone. WIFUSD A...

Pepe Price Prediction: PEPE Pumps 8% As This Layer-2 Meme Coin Charges Towards $8 Million

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The Pepe price soared over 8% in the last 24 hours to trade at $0.000008523 as of 7:30 a.m. EST as investors begin to accumulate the meme coin heading into the weekend. Despite this recent gain, the PEPE price was unable to recover from the loss it suffered throughout the last 7 days. The meme coin is in the red by more than 17% on the weekly timeframe as a result. The Pepe Price Testing A Key Support Level 4-hour chart for PEPE/USD (Source: GeckoTerminal ) The Pepe price is resting on the key support level at $0.000008480. Should it fall below this technical safety net within the next 12 hours, the meme coin could be at risk of plunging to the subsequent mark at $0.000005719 in the following 24 hours. On the other hand, traders identifying PEPE’s current levels as a buy opportunity might push the crypto’s price higher in the short term. In this alternative scenario, the Pepe price could look to flip the immediate resistance level at $0.000010942 into support. Tech...