In the latest Solana meme coin pump, Leia token has shot-up +20,000%.
Here’s the most up to date LEIA price analysis as well as a look into the next coin that may be about to explode.
Indeed, this LEIA price pump comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless Solana meme coin moon-shots garnering significant attention, including ‘2024′, SOLAREUM, Joe on SOL, BINK, BONG, MUSK, FLUB, PUMA, HOPPY and AWIF.
— STAN FM☆ (@shadygemspro) January 24, 2024
This cat themed memecoin is gaining major traction as traders anticipate it could repeat the skyrocket success of fellow Solana memecoin Myro.
LEIA Price Analysis: Is Leia Token Due to Retrace After Shocking Solana Memecoin Pump?
With price action in consolidation, LEIA token is currently trading at a market price of $0.001337 (representing a 24-hour change of +1,805%).
The star-studded rally was triggered with a slow rising price move from launch, which saw LEIA price push-up +25,168% over a period of 20 hours.
A brief sell-off triggered consolidation at the $0.0006 price level around Midnight on January 26.
Strong footing here triggered a skyrocket candle, sending LEIA price up a further +230%, delivering gains to the earliest backers as high as 20,000%.
However, resistance at the all-time high around $0.002 has left price in a minor localized retracement pattern, with price attempting to consolidate above higher support at $0.001338.
This leaves price vulnerable to retracement, especially when considering that over the past hour buy-pressure has lost its grip on Leia token, shifting to minor divergence at 51% sell-pressure.
Further concern emerges stemming from Leia tokens small $96k liquidity pool, which remains unlocked, and offers just a fraction of liquidity for the $1.24m market cap – potentially leaving a majority of holders exposed to illiquidity of tokens.
For this reason, smart money investors are shifting their focus to the Sponge V2 presale, which aims to repeat the $100m market cap success of 2023’s break-out SPONGE memecoin.
Sponge V2 Launch ($SPONGEV2): A New Era in Meme Coin Evolution – Poised To Outperform 2024 Token and Other Solana Memecoin?
Sponge V2, the latest iteration of the renowned Sponge ($SPONGE) meme coin, is making waves in the cryptocurrency market.
Following the phenomenal success of Sponge V1, which peaked at nearly $100 million in market cap and amassed over 13,000 holders, Sponge V2 arrives with promising innovations and opportunities for investors.
How to Acquire Sponge V2
Acquiring Sponge V2 is unique:
Stake Sponge V1: Buy and stake V1 tokens via Sponge.vip or stake your existing V1 tokens.
Earn More V2: The longer and more V1 tokens you stake, the more V2 tokens you earn.
Read more: Best Crypto to Invest In 2024
Staking Mechanics and P2E Integration
Sponge V2 introduces Play-to-Earn (P2E) utility, enhancing its ecosystem.
Stake your V1 tokens to earn V2, and engage in the upcoming P2E game to earn additional $SPONGEV2 tokens.
Moreover, this P2E game, a new utility in the Sponge ecosystem, will feature both free and paid versions for enhanced gaming and earning experiences.
Unique Aspects of Sponge V2 Over PINKY Price Analysis
Exclusive Access: Earn $SPONGEV2 exclusively through $SPONGE staking.
Bonus Rewards: Buying and staking $SPONGE offers special $SPONGEV2 bonuses.
Passive Earnings: Staked $SPONGE tokens yield passive rewards, starting at a minimum 40% APY.
Permanent Transition: Staking V1 tokens will result in their permanent locking, shifting the focus to V2 post-launch.
Roadmap and Future Prospects
Sponge V2’s roadmap is ambitious, targeting 10,000 holders, Tier 1 CEX listings, and a $100M market cap.
The launch stages include the Sponge game’s development and the Sponge V2 claim and listing.
Sponge V2 is not just a sequel to its predecessor; it’s a reinvention with a focus on utility and community engagement.
The integration of P2E and exclusive staking mechanisms make it a standout project in the meme coin domain.
Stay updated on Sponge V2’s journey through social channels and witness its growth in the crypto world.
The post As Leia Meme Coin Pumps Up 20,000%, This Viral Coin is About to List on Exchanges appeared first on Cryptonews.