Solana Price Prediction: SOL Climbs 3% As Traders Flock To This SOL Meme Coin For Its $1M Airdrop And Imminent CEX Listing
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The
Solana
price
jumped
3%
in
the
last
24
hours
to
trade
at
$190.01
as
of
03:03
a.m.
EST
on
trading
volume
that
rose
13%
to
$4.5
billion.
The
SOL
price
surged
even
as
most
coins
in
the
cryptocurrency
space
fell.
This
comes
as
the
network
registered
over
1.4
million
active
wallets
in
the
second
quarter,
compared
to
500,000
a
year
earlier.
Q1
2024:
500,000
active
wallets
on
@solana
Q2
2024:
1,400,000
active
wallets
on
@solanaHow
many
active
wallets
will
we
see
in
Q3?
https://t.co/7q6MU0reAb—
SolanaFM
(@solanafm)
April
2,
2024
Solana
Price
Surges
Above
the
Ascending
Triangle
Pattern
Solana
has
been
on
an
upward
trend
since
the
beginning
of
February,
with
a
markup
phase
recorded
in
March
to
record
a
high
last
seen
in
2021
at
$211.49.
The
bears
exerted
some
pressure
on
this
level,
driving
the
price
down
to
the
support
level
of
$168.43.
The
price
has
since
been
at
a
consolidation
level
in
the
$189
range,
aiming
to
break
out
of
the
ascending
triangle
pattern.
The
Solana
price
is
trading
well
above
the
200-day
Simple
Moving
Average
(SMA),
which
is
a
confirmation
of
the
bullish
trend
to
the
upside.
Suppose
the
SOL
bulls
are
able
to
sustain
the
bullish
momentum.
In
that
case,
the
price
will
eventually
overcome
the
50-day
SMA,
setting
the
Solana
price
for
further
movement
higher
above
the
triangle’s
upper
boundary.
Additionally,
the
Relative
Strength
Index
(RSI)
on
the
4-hour
chart
is
rebounding
from
the
30-oversold
region
towards
the
overbought
region,
currently
at
the
50-midline
level.
Sustained
bullish
momentum
could
push
the
RSI
over
the
70-overbought
region,
indicating
intense
buying
pressure.
Solana
Price
Prediction
The
Solana
price
analysis
shows
a
bullish
bias,
with
SOL
price
bulls
aiming
to
drive
the
price
above
the
ascending
triangle
pattern,
with
the
target
set
at
$240.
SOL
traders
are
aiming
to
reclaim
the
token’s
all-time
high
(ATH)
of
$259,
last
recorded
in
2021.
The
SOL
investors
are
also
aiming
to
take
advantage
of
the
movement
of
the
RSI
and
the
golden
cross
at
$97
to
surge
the
price
even
higher.
However,
if
the
bears
take
control
of
the
price
at
this
level,
SOL
could
retrace
back
to
the
$167
support
level,
which
coincides
with
the
200-day
SMA.
As
the
Solana
bulls
prepare
for
another
rally
back
to
$200,
many
investors
are
diversifying
their
portfolios
with
meme
coins
like
Smog,
a
token
set
to
take
advantage
of
the
Solana
meme
coin
excitement.
Smog
Secures
Its
First
CEX
Listing
–
Best
Meme
Coin
To
Buy
Now
Smog
(SMOG)
continues
to
attract
attention
in
the
crypto
community,
having
amassed
over
110,000
holders
ahead
of
its
airdrop
worth
a
gigantic
$1
million.
Season
1
of
the
airdrop
ends
today,
which
gives
you
a
final
chance
to
join
in
the
‘greatest
airdrop
in
history.’
One
#Memecoin
to
rule
them
all!
????Get
ready
for
the
greatest
#Airdrop
in
history,
distributed
on
#Solana.
????Join
#SMOG
on
Zealy!
????Link
in
Bio
????
pic.twitter.com/vsn4p5cSF4—
SMOG
(@SMOGToken)
February
8,
2024
The
Smog
development
team
has
already
allocated
35%
of
its
1.4
billion
token
supply
for
the
airdrop.
Users
can
still
fulfill
daily
tasks
on
Zealy
to
earn
rewards
before
the
season
ends.
The
second
season
of
the
airdrop
will
mainly
be
dependent
on
on-chain
trading.
The
token
has
already
secured
its
first
listing
on
MEXC,
with
deposits
on
the
centralized
exchange
(CEX)
opening
on
April
4
at
5:00
a.m.
EST.
The
listing
could
pave
the
way
for
another
CEX
listing,
possibly
pushing
the
token
into
a
wider
market.
.@SMOGToken:
Buy
and
hold
$SMOG
tokens
to
gain
access
to
the
greatest
airdrop
Solana
has
ever
seen,
is
coming
to
#MEXCKickstarter
????????Vote
with
$MX
to
share
massive
airdrops
????
$SMOG/USDT
Trading:
2024-04-04
09:00
(UTC)Details:
https://t.co/2hnzMA3fB4
pic.twitter.com/UYKQrN9L4T—
MEXC
(@MEXC_Official)
April
3,
2024
Buy
$SMOG:
An
Opportunity
For
100X
Gains
Buyers
on
the
platform
can
earn
passively
with
Smog
simply
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staking
$SMOG
for
a
42%
annual
percentage
yield.
According
to
99Bitcoins,
a
prominent
crypto
channel
on
YouTube
with
707k
subscribers,
SMOG
token
has
the
potential
to
surge
100X
on
launch.
Visit
the
official
website
to
buy
smog
here,
where
you
can
get
a
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discount
while
the
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lasts.
You
need
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wallet
to
swap
ETH
or
BNB
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SMOG
tokens.
Alternatively,
you
can
use
your
bank
card.
Related
News
Smog
(SMOG)
–
Meme
Coin
With
Rewards
-
Airdrop
Season
One
Live
Now -
Earn
XP
To
Qualify
For
A
Share
Of
$1
Million -
Featured
On
Cointelegraph -
Staking
Rewards
–
42%
APY -
10%
OTC
Discount
–
smogtoken.com
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