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MainNewsSolana Meme ...

Solana Meme Coin Dominance on Display as SHROOM Provides Massive Gains


by CoinEdition
  • A meme coin trader bought 292.16 million SHROOM and made $8.9 million in gains.
  • The 4-hour price analysis showed that SOL might drop to the $149.20 local support.
  • The MFI indicated that SOL neared the oversold region, and a bounce could happen soon.

Within one hour, a trader made a mind-blowing $8.9 million trading SHROOM, one of Solana’s (SOL) memecoins. According to Lookonchain, the traders spent 6,000 SOL to buy 292.16 million SHROOM.

An hour later, the trader sold the SHROOM for $9.93 million, making the profits above in the process.

Meme Coin Season Continues

SHROOM is one of the many meme coins that have recently emerged on the Solana blockchain. In recent articles, Coin Edition made mention of BOOK OF MEMES (BOME), which gave incredible gains to buyers after it hit a $1 billion market cap.

At press tim…

The post Solana Meme Coin Dominance on Display as SHROOM Provides Massive Gains appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Fresh Altcoin Rally Builds With Ethereum, XRP, Solana Leading Breakout Signals

Fresh Altcoin Rally Builds With Ethereum, XRP, Solana Leading Breakout Signals

As Bitcoin continues to trade strongly, altcoins are showing signals of a potential b...
Top 3 Crypto Watchlist: DOGE, SOL, XRP—What Moves Can We Expect This Week?

Top 3 Crypto Watchlist: DOGE, SOL, XRP—What Moves Can We Expect This Week?

The cryptocurrency market remains active, with favorable price indicators for Dogecoi...
MainNewsSolana Meme ...

Solana Meme Coin Dominance on Display as SHROOM Provides Massive Gains


by CoinEdition
  • A meme coin trader bought 292.16 million SHROOM and made $8.9 million in gains.
  • The 4-hour price analysis showed that SOL might drop to the $149.20 local support.
  • The MFI indicated that SOL neared the oversold region, and a bounce could happen soon.

Within one hour, a trader made a mind-blowing $8.9 million trading SHROOM, one of Solana’s (SOL) memecoins. According to Lookonchain, the traders spent 6,000 SOL to buy 292.16 million SHROOM.

An hour later, the trader sold the SHROOM for $9.93 million, making the profits above in the process.

Meme Coin Season Continues

SHROOM is one of the many meme coins that have recently emerged on the Solana blockchain. In recent articles, Coin Edition made mention of BOOK OF MEMES (BOME), which gave incredible gains to buyers after it hit a $1 billion market cap.

At press tim…

The post Solana Meme Coin Dominance on Display as SHROOM Provides Massive Gains appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Fresh Altcoin Rally Builds With Ethereum, XRP, Solana Leading Breakout Signals

Fresh Altcoin Rally Builds With Ethereum, XRP, Solana Leading Breakout Signals

As Bitcoin continues to trade strongly, altcoins are showing signals of a potential b...
Top 3 Crypto Watchlist: DOGE, SOL, XRP—What Moves Can We Expect This Week?

Top 3 Crypto Watchlist: DOGE, SOL, XRP—What Moves Can We Expect This Week?

The cryptocurrency market remains active, with favorable price indicators for Dogecoi...