Solana Price Prediction: SOL Pumps 16% In A Week As Analysts Say Consider This ICO With 937% Staking APY

The
Solana
price
surged
16%
in
the
last
week
and
2.5%
in
the
past
24
hours


to
trade
at
$240.47

as
of
02:32
a.m.
EST
on
trading
volume
that
slumped
13%
to
$10.2
billion.

This
follows
record-breaking
fees
and
revenues
reported
by

Solana-based
apps
such
as
Raydium
and
Pump.fun.

Solana
Price
Gearing
Up
For
A
Sustained
Rally
Towards
A
New
ATH

The
SOL/USD
chart
on
the
4-hour
timeframe
displays
a
clear
bullish
trend.
The
Solana
price
is
making
higher
highs
and
higher
lows,
supported
by
an
ascending
channel,
after
the
bulls
capitalized
on
the
$160
support
to
propel
the
price
even
higher,
according
to
data
from
GeckoTerminal.

SOL
has
now
crossed
above
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
which
shows
that
the
asset
is
on
a
positive
trajectory.

The
Relative
Strength
Index
(RSI)
is
approaching
the
overbought
zone
(70+),
currently
at
68.
While
this
suggests
strong
bullish
momentum,
it
also
warns
of
a
potential
pullback
or
consolidation
as
buying
pressure
cools
down.
A
further
move
into
the
overbought
zone
without
divergence
would
support
continuation
to
the
upside.

Moreover,
the
Moving
Average
Convergence
Divergence
(MACD)
supports
the
bullish
prospects,
as
the
blue
MACD
line
crosses
above
the
orange
signal
line,
which
indicates
growing
upward
momentum.

If
this
momentum
continues,
the
Solana
price
could
surge
over
the
rising
channel,
as
the
bulls
aim
to
cross
the
previous
all-time
high
(ATH)
of
$259,
to
target
a
new
ATH
at
$300.

However,
as
the
RSI
continues
to
rise,
the
asset
may
soon
become
overextended,
which
could
signal
a
potential
pullback.
In
such
a
case,
the
price
of
Solana
could
go
through
a
correction
to
the
50-day
SMA
at
$216.

As
the
Solana
price
aims
for
a
bullish
rally,
some
investors
are
turning
to
presale
meme
coins
like
the
newly
launched


Flockerz
(FLOCK),
which
has
already
surged
past
$2.2
million
in
funds
raised
in
presale.

According
to
99Bitcoins,
an
influential
crypto
channel
on
YouTube
with
over
706K
subscribers,
$FLOCK
has
the
potential
to
soar
100X
after
its
launch.

A
Promising
Alternative
To
Solana

Flockerz
(FLOCK)

is
a
presale
meme
coin
aiming
to
revolutionize
the
crypto
space
with
its
innovative
Vote-to-Earn
(V2E)
mechanism.
Put
simply,
it
pays
token
holders
with
FLOCK
to
vote
on
decisions
that
will
determine
the
project’s
strategy.

In
this
way,
the
V2E
platform
represents
a
major
shift
in
how
meme
coins
work. Central
to
its
ecosystem
is
Flocktopia,
a
decentralized
governance
framework
where
$FLOCK
holders
shape
the
future
of
the
platform.
Each
token
holder
in
this
DAO
can
influence
crucial
decisions.

In
the
turbulent
skies
of
crypto,
it’s
all
about
flying
together.
Strength
in
numbers,
success
in
unity—fly
with
the
flock!

pic.twitter.com/vPwC75koVx

—
Flockerz
(@FlockerzToken)

October
15,
2024

Another
reason
investors
are
flocking
to
the
presale
of
its
native
token,
$FLOCK,
is
its
mouth-watering
staking
rewards,
currently
perched
at
a
dazzling
937%
APY.

Investors
interested
in
joining
the
presale
can


visit
the
official
Flockerz
website
to
buy
FLOCK
tokens

at
the
current
price
of
$0.006053
per
token
using
BNB,
ETH,
or
USDT.
You
can
also
make
a
purchase
using
your
bankcard. 

Buy
before
a
price
hike
in
about
2
days
to
secure
the
best
deal.

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