Is It Too Late To Buy FATCOIN? Fatcoin Price Skyrockets 5,300% And This Might Be The Next Crypto To Explode

The
Fatcoin
price
skyrocketed
more
than
5,300%
in
the
last
24
hours
to
trade
at
$0.00649
as
of
6:15
a.m.
EST
as
investors
rush
to
buy
the
Solana
meme
coin.

Following
the
surge
in
the
FATCOIN
price,
investors
and
traders
have
started
to
decrease
their
exposure
to
the
crypto.


GeckoTerminal
data

shows
that
the
altcoin’s
price
has
corrected
more
than
32%
in
the
last
hour.

Fatcoin
Price
Escapes
A
Negative
Channel

1-hour
chart
for
FATCOIN/USD
(Source:
GeckoTerminal)

The
Fatcoin
price
was
able
to
break
out
of
a
descending
price
channel
in
the
last
few
hours,
and
is
now
attempting
to
break
above
the
resistance
level
at
$0.009270.
Additionally,
a
positive
trend
line
has
emerged
on
the
meme
coin’s
chart
after
the
crypto
recorded
a
second
higher
low
recently.
If
FATCOIN
continues
to
trade
above
this
bullish
line,
it
could
surge
to
$0.015849.

However,
a
drop
below
the
recently-established
trend
line
might
lead
to
a
corrective
phase
for
the
meme
coin.
In
this
alternative
case,
the
Fatcoin
price
could
test
the
immediate
support
level
at
$0.004715.
A
break
below
this
technical
crutch
might
then
expose
the


meme
coin

to
the
risk
of
dropping
to
as
low
as
$0.001173.

Buyers
Have
Control
Of
The
Fatcoin
Price,
But
Are
Growing
Weaker

From
a
technical
perspective,
FATCOIN
is
still
trying
to
find
its
bearings
in
the
market
and
establish
a
technical
structure.
However,
the
Relative
Strength
Index
(RSI)
on
the
1-hour
chart
shows
that
buyers
have
a
slight
upper
hand
over
sellers,
with
the
current
reading
above
the
neutral
50
mark. 

Traders

will
want
to
keep
an
eye
on
the
RSI
on
the
1-hour
chart
to
try
and
gauge
the
meme
coin’s
next
movements.
The
recent
change
in
slope
from
positive
to
negative
warns
that
more
sell
pressure
might
soon
enter
the
crypto’s
charts.
This
will
likely
come
from
early
investors
who
are
looking
to
realize
their
profits
from
the
crypto’s
surge.

While
traders
wait
and
see
what
the
Fatcoin
price
will
do
next
after
its
recent
surge,
the
presale
for
new
Solana
layer-2
project


Solaxy
(SOLX)

has
raced
past
$9.3
million
in
funding.

The
frenzy
around
the
new
token
comes
amid
a
series
of
bullish
SOLX
predictions
made
by
several
crypto
experts.
Recently,
an
analyst
from
the
99Bitcoins
YouTube
channel,
which
has
over
719K
subscribers,
said
that
Solaxy
has
the
potential
to
soar
200X
after
its
launch.

Solaxy
To
Help
Solana
With
Its
Overwhelming
Meme
Coin
Workload

Meme
coins
were
the
best
performing
asset
class
in
the
crypto
space
last
year.
The
sector’s
strong
performance
is
likely
to
continue
through
2025
as
analysts
forecast
a
meme
coin
supercycle
this
year.
Solana,
with
its
lightning
speeds
and
low
fees,
has
become
the
chain
of
choice
for
developers
looking
to
capitalize
on
the
meme
coin
hype.

With
new
tokens
flooding
the
market
on
a
daily
basis,
Solana
finds
itself
under
immense
computational
stress
and
could
soon
face
another
outage.
Solaxy
aims
to
prevent
any
downtime
for
the
Solana
blockchain
through
its
highly-scalable
and
cost-efficient
layer-2
chain.

Once
it
has
scaled
the
Solana
network,
Solaxy
will
then
proceed
to
execute
on
its
bigger
ambitions
to
connect
the
Solana
and
Ethereum
blockchains. 

This
will
lead
to
a
new
and
improved
ecosystem
that
combines
Ethereum’s
robust
framework
and
reputation
in
the
DeFi
space
with
Solana’s
low
fees
and
speed.
Solaxy
will
then
act
as
a
value
transfer
railway
between
two
of
the
most
prominent
blockchain
networks
in
the
Web3
space.

SOLX
Offers
High
Staking
Return

Investors
are
betting
big
on
Solaxy’s
future,
as
evident
by
the
project’s
impressive
raise
so
far.
In
addition
to
its
high
degree
of
scalability
and
its
mission
to
bridge
Ethereum
with
Solana,
there
is
an
attractive
staking
initiative
being
offered
to
presale
buyers
that
could
be
contributing
to
the
buying
frenzy.

This
passive
rewards
opportunity,
which
offers
a
372%
APY,
is
open
to
anyone
who
buys
and
stakes
SOLX
now.
To
get
started,
investors
will
first
need
to
acquire
the
token
via
the
easy-to-use
widget
embedded
on
the
project’s
website.
Selling
for
$0.001596,
the
crypto
can
be
acquired
with
either
crypto
or
bank
card.

Once
purchased,
the
last
step
for
investors
to
unlock
the
rewards
is
to
put
their
SOLX
tokens
to
work
through
the
staking
page
on
the
website.

Buy
before
a
price
hike
in
less
than
2
days
to
lock
in
the
best
deal.

Purchase
and
stake
SOLX
here
for
the
372%
APY.

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