• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump's Tokens on Solana: Predictions and Market Expectations

user avatar

by Giorgi Kostiuk

a year ago

Donald and Melania Trump announced the launch of their own tokens on the Solana blockchain, sparking significant interest in the cryptocurrency market.

Trump Tokens Launched on Solana

Donald and Melania Trump have chosen the Solana blockchain for the launch of their meme-tokens, prompting discussions among investors and analysts. This choice could impact the platform's future development and accelerate its adoption.

SOL Price Dynamics and Market Expectations

SOL reached a new record high over the weekend, surpassing the $300 mark. Block trades on Deribit indicate an expectation of further growth to $400 by the end of February.

Block Trades and Institutional Interest

A block trade executed on Deribit on January 20 shows that some investors expect Solana's price to reach $400. This trade involves buying and selling 10,000 contracts expiring on February 28, indicating significant institutional interest in SOL amidst Donald Trump's presidency.

Interest in Solana continues to grow, with the launch of Trump's tokens being a driving factor. Institutional investors are actively focusing on SOL, and upcoming events could significantly shape their expectations.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Basecamp: The Calm Hub for Predictable Collaboration

chest

Basecamp is designed to provide a simple and predictable project management solution, focusing on clear communication and collaboration.

user avatarGustavo Mendoza

Airtable: The Low-Code Database for Bespoke Operations

chest

Airtable is a platform for building connected apps, offering a relational database with a user-friendly interface, beneficial for startups managing complex operations.

user avatarArif Mukhtar

Smartsheet: The Data-Driven Evolution of the Spreadsheet

chest

Smartsheet targets business professionals who find comfort in using spreadsheets, combining a grid interface with advanced project management features to mitigate risks associated with traditional spreadsheets.

user avatarRajesh Kumar

BTCC Sets New Record with $3.017 Billion in Daily Trading Volume

chest

BTCC reported a record daily trading volume of $3.017 billion for its tokenized precious metals futures, driven by increased investor interest in safe-haven assets.

user avatarAisha Farooq

Ali Charts Predicts Ethereum's Price Dip and Future Surge

chest

Ali Charts forecasts Ethereum's price may drop to $1,800 before rising to $10,000 by 2027, urging investors to consider buying at the lower price.

user avatarTenzin Dorje

Operational Security Tools for NFT Investors

chest

Security tools are essential for NFT investors to protect their assets from theft and exploitation.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.