Whales sell 4,000 SOL and switch to popular meme coins!

The SOL market is sluggish, relatively stable after fluctuations, with only a small increase. At this time, a big whale decided to sell 4,000 SOL (about $578,962), in line with the bearish market sentiment, and investors are looking for other opportunities in the crypto market.

On August 22, the crypto giant made a large SOL transaction, and then turned to meme coins, seeing their potential. In the past month, the price of SOL has fluctuated sharply, falling by more than 20%, continuing the downward trend. Investors questioned the short-term prospects and it was difficult for the price to stay above $140. The whale's sale of SOL is a strategic response to the current market situation, and funds quickly flowed to meme coins, especially Pepe (PEPE) and MoonTaurus (MNTR).

MoonTaurus (MNTR) has become the new favorite of meme coins and is in the second phase of pre-sale at a price of $0.01. The issue price will rise to $0.07, and the expected increase will bring a 700% return, attracting many investors. The presale was hot, with the first phase sold out and raised $300,000; the second phase raised over $60,138 and sold over 6 million MNTR. The MNTR token economics ensures scarcity and value appreciation, and the total supply is capped at 3 billion.

Compared to SOL, Pepe (PEPE) has performed more positively recently. Since its listing on the Korean Upbit exchange, PEPE has surged 11%, breaking out of a downward price channel. Technical indicators show that PEPE is expected to continue to rise. Despite the recent price surge, the price is still low relative to its potential. PEPE provides a good buying opportunity.

The Solana sell-off and the shift of funds to meme coins such as Pepe and MoonTaurus reflect a shift in investment strategies in the crypto market. As SOL copes with market volatility, more and more investors are paying attention to meme coins because of their high return potential and current low valuations. MoonTaurus (MNTR) is particularly noteworthy, with a hot presale and huge appreciation potential. Investors should decisively enter the market while MNTR is still undervalued in order to obtain considerable returns. This coin is worth keeping a close eye on in 2024. #sol板块 #sol趋势 #solana生态 #solna批量空投 #sol链 $SOL