Expert predicts Solana’s price to surge by 300%, plus a rise in this memecoin

Solana’s
recent
price
dip
to
$135
haven’t
dampened
expert
predictions
of
a
potential
300%
rally
in
2024,
plus
new
memecoin
showing
potential.

Solana
has
been
the
clear
forerunner
of
this
year’s
bull
run,
with
monthly
trading
volume
reaching
a
new
all-time
high
of
$58.4
billion
in
March
and
prices
as
high
as
$200. 

However,
in
recent
weeks,
trading
has
slowed,
and
the
coin
price
has
dipped
to
just
$135. 

However,
many
expect
this
to
be
a
temporary
correction
that
will
lead
to
a
promising
recovery.
Popular
crypto
expert,
Jacob
“Crypto”
Bury,
predicted
that
Solana
could
reach
3-4x
in
2024
and
outlined
his
reasoning
in
a
recent

X
post. 

He’s
also
highlighted
the
next
Solana
meme
coin
he
thinks
is
set
to
build
up
momentum,

Dogeverse
(DOGEVERSE),
which
is
currently
in
presale.

Solana
price
to
rally
300%
this
year

2023
was
a
tough
year
for
crypto,
with
prices
dropping
and
stagnating
as
trading
activity
dropped
across
the
board.
The
Solana
blockchain
wasn’t
immune
to
this
bearish
sentiment,
it
started
off
2023
at
around
$10,
almost
a
tenth
of
the
price
it
started
2022
at. 

From
here,
it
struggled
to
make
any
serious
gains
until
the
end
of
2023.
The
price
jumped
from
$38
in
November
to
push
past
its
psychological
barrier
of
$100.

From
there,
we
saw
Solana
soar
to
new
heights,
even
reaching
as
high
as
$200
(its
all-time
high
was
$260
back
in
2020).
This
was
accompanied
by
a
huge
surge
in
trading
volume
with
trading
volume
reaching
$58.4
billion.
Previously,
the
highest
monthly
trading
volume
was
nearly
$28.5
billion
in
December
2023.

April
saw
a
slowing
down,
with
just
$35
billion
traded.
In
parallel,
the
price
dropped
below
the
$200
level
to
settle
around
the
$135
mark.
However,
recent
movements
and
analysis
have
prompted
speculation
that
this
price
dip
isn’t
set
to
last,
and
the
price
could
surge
300%. 

The
past
24
hours
have
seen
a
12%
price
rise
and
positive
candlestick
patterns.
Solana
is
currently
priced
at
$137.40. 

Jacob
points
out
Solana
has
jumped
500-600%
since
2023
so
a
similar
jump
is
quite
possible.
He
also
highlights
that
even
if
Solana
simply
maintains
its
2.8%
market
dominance,
as
the
crypto
industry
is
expected
to
rise
to
a
valuation
of
$10
trillion,
this
could
see
the
Solana
market
cap
reach
$280
billion. 

This
would
lead
to
an
increase
from
its
current
$61.5
billion
market
valuation.

One
major
factor
influencing
Solana’s
bullish
sentiment
has
been
the
memecoin
mania
dominating
the
crypto
landscape.
Meme
coins
have
dominated
this
bull
run
to
become
a
popular
narrative
in
the
first
quarter
of
2024.
On
average,
meme
coins
have
seen
returns
of
$1312.6
across
top
tokens.

Most
of
this
activity
has
been
from
new
Solana
memecoins.
This
has
sent
investors
scouring
the
web
for
the
next
Solana
meme
coin
to
gain
traction.

Dogeverse:
New
Solana
meme
coin
tipped
to
gain
momentum

In
addition
to
predicting
a
positive
Solana
price
rally,
Jacob
Bury
has
also
highlighted
a
Solana-compatible
memecoin
that
he
sees
as
having
high
potential:

Dogeverse
(DOGEVERSE). 

In
a
recent

X
post,
he
predicted
that
there
is
a
chance
of
this
crypto
becoming
another
top-20
meme
coin.
Dogeverse
is
a
fresh
new
project
and
the
first
meme
coin
to
operate
across
six
major
blockchains.

If
Dogeverse
makes
it
into
the
top
20
memecoins,
this
would
see
Dogeverse
following
in
the
footsteps
of
recently
launched
meme
coins
such
as
Book
of
meme,
dogwifhat,
and
Bonk. 

Book
of
meme
had
a
successful
launch,
with
the
token
seeing
a
57,000%
gain
in
three
days.
Many
recently
launched
coins
have
seen
similar
returns. 

Dogeverse
is
a
new
multi-chain
meme
coin
that
can
capitalize
on
not
just
the
success
of
Solana
but
also
the
popularity
of
other
chains
such
as
Ethereum,
Avalanche,
and
the
newly
launched
chain,
Base.
Base
has
birthed
a
number
of
viral
meme
coins,
including
Degen,
which
saw
a
3000%
rise
in
its
first
week
after
launch. 

Dogeverse
follows
the
adventures
of
Cosmo,
the
chain-hopping
Shiba
Inu
central
to
the
Dogeverse
project.
Dogeverse
has
recently
expanded
to
the
Solana
chain,
attracting
attention
from
experts
across
the
board,
including
Jacob
Bury.
Currently,
the
token
is
in
presale
and
has
already
raised
over
$13
million. 

Holders
can
stake
the
token
to
receive
a
generous
staking
yield.
The
coin
will
function
as
a
bridge
between
six
leading
blockchains:
Ethereum,
Binance,
Polygon,
Avalanche,
Base,
and
Solana,
meaning
it
will
attract
meme
coin
investors
from
all
crypto
communities.