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Solana Price Plunges As Raboo Prepares to Outshine DOGS, Stage 4 Nearly Complete with 83% Sold!
The post Solana Price Plunges As Raboo Prepares to Outshine DOGS, Stage 4 Nearly Complete with 83% Sold! appeared on BitcoinEthereumNews.com. The Solana price (SOL) has dropped sharply, facing ongoing pressure in a volatile market. Despite brief support at $133, analysts expect further fluctuations as capital shifts towards meme coins. Meanwhile, Raboo ($RABT), a promising AI crypto, is gaining momentum and appears ready to surpass competitors like DOGS, with its presale success signalling strong market potential. Solana exhibits a bearish trend due to market changes Solana is witnessing price action that suggests a bearish trend. The Solana price trades below its 50-day Simple Moving Average (SMA). SOL has struggled to regain upward momentum despite briefly bouncing off support at $133. The Solana price is still significantly lower than its earlier highs, with resistance looming around $162. If Solana fails to overcome this resistance, further losses could follow, bringing it closer to the $115 support range. The decline in the Solana price is partly attributed to the increased focus on meme coins like DOGS, which have attracted speculative traders and diverted investment away from more established projects. Additionally, Solana has been affected by the broader market’s bearish sentiment, leading to concerns about its short-term recovery potential. DOGS struggles with volatility and community concerns In contrast, DOGS, a meme coin based on The Open Network (TON) blockchain, has experienced a rollercoaster ride in the market. Initially surging due to hype and its listing on major exchanges like Binance, DOGS has since faced high volatility and concerns about a potential pump-and-dump scheme. Centralized exchanges hold a significant portion of the token supply, raising fears that a sell-off could crash the price. At the time of writing DOGS trades near $0.001048 and crypto analysts are wary of its long-term prospects. Without clear communication from the development team and a solid roadmap, the token’s future remains uncertain. While DOGS has benefited from short-term speculation, its sustainability…
The post Solana Price Plunges As Raboo Prepares to Outshine DOGS, Stage 4 Nearly Complete with 83% Sold! appeared on BitcoinEthereumNews.com.
The Solana price (SOL) has dropped sharply, facing ongoing pressure in a volatile market. Despite brief support at $133, analysts expect further fluctuations as capital shifts towards meme coins. Meanwhile, Raboo ($RABT), a promising AI crypto, is gaining momentum and appears ready to surpass competitors like DOGS, with its presale success signalling strong market potential. Solana exhibits a bearish trend due to market changes Solana is witnessing price action that suggests a bearish trend. The Solana price trades below its 50-day Simple Moving Average (SMA). SOL has struggled to regain upward momentum despite briefly bouncing off support at $133. The Solana price is still significantly lower than its earlier highs, with resistance looming around $162. If Solana fails to overcome this resistance, further losses could follow, bringing it closer to the $115 support range. The decline in the Solana price is partly attributed to the increased focus on meme coins like DOGS, which have attracted speculative traders and diverted investment away from more established projects. Additionally, Solana has been affected by the broader market’s bearish sentiment, leading to concerns about its short-term recovery potential. DOGS struggles with volatility and community concerns In contrast, DOGS, a meme coin based on The Open Network (TON) blockchain, has experienced a rollercoaster ride in the market. Initially surging due to hype and its listing on major exchanges like Binance, DOGS has since faced high volatility and concerns about a potential pump-and-dump scheme. Centralized exchanges hold a significant portion of the token supply, raising fears that a sell-off could crash the price. At the time of writing DOGS trades near $0.001048 and crypto analysts are wary of its long-term prospects. Without clear communication from the development team and a solid roadmap, the token’s future remains uncertain. While DOGS has benefited from short-term speculation, its sustainability…
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