knowledge ocean

Solaxy (SOLX) is gaining traction as a promising cryptocurrency with potential for significant growth. Here's the latest information:

*Key Highlights:*

- *Presale Success*: Solaxy's presale has been highly successful, crossing the $35.5 million milestone with nearly $1 million added in new capital recently.
- *Price Prediction*: Analysts predict SOLX could deliver 100x gains post-launch, with some experts forecasting a price increase to match or surpass major cryptocurrencies.
- *Layer 2 Solution*: Solaxy is building a Layer 2 blockchain for Solana, aiming to solve congestion, instability, and scalability issues.
- *Tokenomics*: SOLX tokens power the Solaxy ecosystem, enabling faster and cheaper transactions, staking for passive income, and governance rights.

*Growth Potential:*

- *10x Growth*: Some analysts predict SOLX could experience 10x growth, driven by its innovative Layer 2 solution and increasing demand for Solana's scalability.
- *100x Gains*: Other experts forecast 100x gains, citing Solaxy's potential to unlock Solana's next phase and solve scalability issues.

*Current Status:*

- *Presale Price*: The current presale price is $0.001724, with a price increase expected soon.
- *Staking Rewards*: SOLX holders can stake their tokens to earn passive income, with APY rates currently estimated at 215% or 330% in some cases.
- *Community Growth*: Solaxy's Telegram community has grown to over 3,300 people, with many eagerly awaiting its launch
#memecoin

$BTC Bitcoin and $ETH Ethereum have recently pulled back in value.

*Current Prices:*

- *Bitcoin (BTC)*: $102,984.54, down 0.70% with a market cap of $2.06 trillion
- *Ethereum (ETH)*: $2,482.18, down 4.82% with a market cap of $314.08 billion

*Reasons for Pullback:*

The pullback is attributed to a massive $3.1 billion options expiry, with Bitcoin options making up $2.66 billion and Ethereum options accounting for $525 million. This expiry has led to increased hedging activity, particularly for Ethereum, which has a put/call ratio of 1.24, indicating a bearish sentiment.¹

*Market Sentiment:*

- Bitcoin's sentiment is relatively balanced, leaving room for either a breakout or a deeper pullback.
- Ethereum's higher put interest suggests a stronger hedging activity, potentially due to uncertainty among traders.

*Support Levels:*

- Bitcoin has technical support at $100,000, which should provide significant support for a rebound. If this level fails to hold, the next key support zone is at $90,000-$92,000.²

*Expert Insights:*

Some analysts suggest it's time to "pull the brakes" on Ethereum and rotate back into Bitcoin, citing the lackluster performance of Ethereum futures ETFs and Bitcoin's potential for ETF approval and halving event.³
#bitcoin #ETH

Latest information about Binance Coin (BNB):

*Current Price:* $652.08, with a 0.07% increase in the last 24 hours. The current price range is between $649.98 and $667.64.

*Market Capitalization:* Approximately $91.74 billion, ranking #5 on CoinMarketCap.

*Trading Volume:* $2.06 billion in the last 24 hours, representing a 15.18% increase.

*Circulating Supply:* 140.88 million $BNB BNB coins.

*Maximum Supply:* 200 million BNB coins.

*Key Statistics:*

- *All-Time High:* $793.35 (December 4, 2024)
- *All-Time Low:* $0.09611 (August 1, 2017)
- *24-hour Range:* $650.68 - $666.52
- *Market Cap / FDV:* 1.0¹ ²

*Use Cases:*

- Reduced trading fees on binance
- Binance account tier benefits
- Dust conversion
- IEO lottery participation
- Native token for Binance Chain
- Payment for goods and services

$ETH Ethereum (ETH) has crossed $2500, with its current price at $2514.99. This represents a 5.47% increase from its previous close price of $2384.62. The market capitalization of Ethereum stands at approximately $290.46 billion.

*Key Statistics:*

- *Current Price*: $2514.99
- *Market Capitalization*: $290.46 billion
- *24-hour High*: $2608.13
- *24-hour Low*: $2375.24
- *Percent Change*: 5.47%
#ETHCrossed2500