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Solana encounters as musk as it grows 500%, which is filled with claims of Arole Musk’s ownership and growing trading volume.
The rise of Musk It (Muskit) caused another wave of crowd on Solana blockchain as the meme coin frenzy continues to increase the network capacity. With more than 500% muscits pump and more than $ 0.069, the trading volume has exploded, more than the increased activity and transaction fees on Solana.
In the interest, suddenly Spike Errol Musk was caused by Elon Musk’s father, who claimed ownership of the Musk It Project and dubbed the IT Musk Institute. The coin of muscits was launched in mid -December last year, but public affiliation with the Kasturi family was revealed today. According to Errol Musk, the project aims to raise funding for the Musk Institute, which is a beneficial think tank focused on scientific activities, including the development of flying vehicles.
Despite the network tension on Solana, the investor spirit remains rapidly, and traders continue to accumulate musk, expecting market speed.
Meanwhile, investors are also supporting the new Sulaxi project, which is constructing the first Solana layer -2 to reduce congestion issues and has increased by more than $ 16 million through his ongoing press.
The muscits break the major resistance levels: where is the price forward?
This recent muscits follow the dramatic growth in demand demand, fuel by speculation and strong community support. Solana’s network, already known for the previous recession during the high-crown period, is once again facing delay and high gas fee. The congestion scalable layer -2 highlights the immediate requirement of solutions that are capable of absorbing loads from growing projects such as muscits.
Despite the congestion issues, the technical approach to Muskit suggested that the reverse capacity continues after its latest breakout. The price of the muscits is currently hovering around the major resistance level of $ 0.038, changing it into a new support area and indicating the confidence of the strong buyer. However, earlier today, Muscit looked a huge, even if Birf, Spike is indicating capacity for new heights by $ 0.69.
On a four-hour chart, the muscits remain in a clear uptrend, which trades well over its 9-term EMA and 50-term SMA, which confirms the speed of fast. A Golden Cross suggests moving forward between these moving averages that continues the movement upwards.
Indicators such as the relative power index (RSI) show strong purchase pressure, currently sitting on 63, just below the overbott area. This suggests space for additional benefits before potential short -term improvement. Bollinger bands are widened, indicate high volatility, with value action on the upper band, indicating continuous strength.
If the pressure is purchased, the muscits may target the next resistance level at $ 0.045 before trying to reach a psychological barrier of $ 0.05. However, traders should look for short -term withdrawal, as the advantage may lead to temporary pullbacks towards the $ 0.035 support area before another rally.
While the osterators are in the red color of the “cell” zone, which is mainly due to severe instability and unprecedented value increase, which is $ 0.69 before today, the moving average “strong purchasing” has been a frequent twinkle in the field, Indicating that the muscits are one. Very high capacity.
The overall spirit remains rapidly, and as the trading volume grows, the muscits continued to receive traction because the speculative interest drives further accuses.
Salaxy Solana’s Skalability issues is layer -2 solution
Solana, as the success of the Muskit, investors are looking for the next large project that can address crowd issues, offering major reverse capacity. Solaxy (SOLX) is particularly emerged as the first layer -2 scaling solution designed for the expansion ecosystem of solana, which is an attractive option for long -term development.
By integrating the advanced layer -2 technology, the solaxy improves the speed of the transaction and significantly reduces fees, resolving congestion issues that continue to highlight projects such as musk. The atherium-solana bridge of the project enhances cross-chain compatibility, allowing spontaneous transfers between the two largest blockchain networks.
https://twitter.com/solaxytocen/status/1882459105467433452
Solx of Solaxi plays an important role in achieving tokens and strengthening the ecosystem. With its initial presest pricing at $ 0.00162, investors can enter before the next price increase. Additionally, rewards up to 240% provide passive income opportunities, making Solx an attractive long -term investment.
As the demand for scalable blockchain solutions increases, the solution is well deployed to increase the price, especially the solana meme coin continues to experience crowds with coin activity. Investors looking for the next breakout project should consider SolX as a top contender in layer -2 space.
For more information, Go to Solaxy Presale website,
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