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Traders eye the next Solana meme coin: Tequila (JULIO)

Must Read

  • Solana meme cash have performed nicely and gained market share this 12 months.

  • Builders have turned to Solana due to its sooner speeds and low prices.

  • Tequila (JULIO) hopes to turn into the following massive factor within the meme coin trade.

Solana meme cash have performed nicely this 12 months as they turned the most important rivals to Ethereum ones like Pepe and Shiba Inu. Dogwifhat (WIF) has turn into the fourth-biggest meme coin on this planet whereas Bonk and Guide of Meme have continued to achieve market share. 

Extra Solana meme cash are being launched to make the most of this development. One of the vital anticipated ones is called Tequila (JULIO), whose honest launch will occur on July tenth. 

Why Solana meme cash have performed nicely

Solana meme cash have turn into the best-performing property within the crypto trade this 12 months. That occurred as Solana turned the very best various to Ethereum’s ecosystem. 

There are three fundamental causes for this. First, Solana is understood for its faster transaction speeds in comparison with Ethereum and BNB Chain. Solana can deal with over 2,000 transactions per second (TPS) whereas Ethereum handles lower than 50. 

Second, Solana is understood for its scalability sincer it’s designed to scale with Moore’s Legislation, which means that it does nicely because the computing trade improves. 

Third, Solana has considerably decrease prices than Ethereum and different widespread layer-1 networks. It handles many transactions for simply cents. A very good instance of that is in its whole charges this 12 months. Whereas Ethereum has collected over $1.4 billion in charges this 12 months, Solana has made lower than $300 million.

Additional, there’s plenty of hype surrounding the success of Solana dApps this 12 months. For instance, decentralized exchanges (DEX) like Raydium, Jupiter, and Orca have consistently moved into the highest ten of the most important DEX networks within the trade. Additionally, Solana meme cash have made extra headlines this 12 months.

Tequila hopes to be a key Solana meme coin

The previous few weeks have seen a number of drink-related tokens on Solana’s ecosystem. Beercoin and Water didn’t do nicely as insiders dumped the tokens shortly after launch, resulting in considerably losses. 

Tequila, which is a well-liked drink that originated from Mexico, hopes that it’ll turn into the most important drink-themed token on Solana’s ecosystem. That is notable due to the function that tequila performs within the drinks trade. In 2023, Mexico shipped over 400 million liters and revamped $32 billion in income.

Tequila won’t have a typical token sale. As a substitute, it would have a good launch on July tenth. A good launch is the place all tokens are issued immediately. After that, the builders hope to launch its advertising push and listings on key platforms like CoinMarketCap and CoinGecko.

This course of will probably be adopted by the listings on key centralized exchanges and the launch of tequila-themed events. Sooner or later, the builders will work to launch the utility options of the JULIO token, together with its layer 3 networks. You may study Tequila (JULIO) right here.

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