Is altcoin season coming? Well, popular crypto exchange Coinbase has announced that it will list several new altcoins, including utility tokens like $CAKE and $SQD, but also meme tokens like $FARTCOIN. Folks can start trading them from Thursday 12 p.m. EST.
And, considering that $FARTCOIN is now bouncing off the 20 EMA on the weekly chart, its Coinbase listing could be the push it needs to hit a new all-time high of $2.75.
It’s worth noting that the correlation between Musk and $DOGE became stronger after his appointment to the Department of Government Efficiency (DOGE).
As you can probably guess, a $DOGE ETF will boost market participation in Dogecoin, potentially throwing it to new heights.
With all the recent news pointing towards an alt season just around the corner, surely you’d like some suggestions to prepare for the new market frenzy.
Solana has been struggling with congestion ever since the success of $TRUMP and $MELANIA flooded the network with transaction requests.
Solaxy, however, will solve this by building the first true L2 solution on Solana. This will reduce the traffic on the network’s mainnet by offloading transactions onto a sidechain.
The transactions will then be validated on the L1. This will keep the security intact, ensuring that investors benefit from both the L2’s speed and the L1’s security.
In addition to a game-changing airdrop idea, BTC Bull Token also plans to burn a part of the total token supply at regular intervals.
A token burn event will take place every time Bitcoin’s price climbs up by $50K. Accordingly, the first burn event will take place at $125K, followed by another at $175K, and so on.
Investors, both retailers and crypto whales, are flocking to BTC Bull Token’s presale. It’s currently ongoing, with over $7.1M in funding and counting.
Its mission is to claim victory over the traditional S&P 500 stock market index by overtaking it in market capitalization. Absurd? Yes. Thrilling for meme coin degens? Also yes!
Despite having no traditional utility or intrinsic value, $SPX has been a force to reckon with on the exchanges. It’s solid evidence that community-backing is often the most important thing as far a meme coin’s success is concerned.
All in all, Coinbase legitimizing meme coins like $FARTCOIN, combined with the unexpected Musk-Trump reconciliation, has created a bullish narrative for the altcoin economy, with $DOGE and $SPX leading the charge.
That said, none of this is financial advice, and we urge you to do your own research before investing.
