The crypto landscape has recently been energized by Binance’s announcement to introduce VINE and PIPPIN Perpetual Contracts, providing users with leverage options of up to 25 times. VINE, linked to Rus Yusupov, a co-founder of Vine, has gained notable attention and popularity. Conversely, PIPPIN, which is underpinned by autonomous artificial intelligence, is struggling to find its footing in the market. Following a playful announcement from Yusupov, VINE’s market capitalization surged to $500 million before settling back to approximately $200 million. In contrast, other tokens across various chains continue to report significant gains.
Market Activity Overview on GeckoTerminal
In the past 24 hours, GAGSTER (ACC/1st Smart Meme) has been the center of considerable trading activity, with its price and trading metrics showing significant fluctuations. Currently, Vine Coin (VINE) is priced at $0.188, suffering a sharp decline of 42.65% during the same timeframe. SafeMoon (SAFEMOON) is trading at $0.05745, equating to 0.0002173 SOL. Not Pixel (PX) is valued at $0.1824, corresponding to 0.03573 TON. Additionally, Solaxy ($SOLX) has launched the first Layer-2 blockchain for Solana, aimed at significantly enhancing the network’s efficiency. In a broader context, former President Trump has signed an executive order to promote cryptocurrency, paving the way for a national digital asset reserve.
GAGSTER (ACC/1st Smart Meme)
GAGSTER (ACC/1st Smart Meme) has recorded impressive activity in the last day, with its price currently at $0.0007504, which is equivalent to 0.05293 SOL. Over the past 24 hours, GAGSTER’s price has skyrocketed by 605.78%. However, the token has exhibited high volatility, experiencing a 13.84% drop in the past hour and a 46.89% decline over the last six hours. Nevertheless, a slight increase of 0.41% was noted in just five minutes. The trading volume has reached $10.4 million across 82,538 transactions, with 65,239 being purchases. This indicates a strong interest and speculative demand among investors during this period.
Vine Coin (VINE)
Currently trading at $0.188, Vine Coin (VINE) has seen a significant drop of 42.65% in the last 24 hours, which translates to approximately 0.0007071 SOL per VINE. The recent price movements suggest that VINE is navigating through a challenging market phase. Over various time frames, VINE has shown a 2.09% decrease in the last five minutes, a 1.6% drop in the past hour, and a more pronounced decline of 14.75% over the previous six hours. This trend indicates a bearish outlook in the short run. VINE’s liquidity stands at $7.06 million, which allows for some trading flexibility but also signals potential volatility. With 104.96K holders, VINE has garnered significant interest despite being only one day old. Its fully diluted valuation and market capitalization are reported at $186.42 million, indicating all supply is actively circulating.
SafeMoon (SAFEMOON)
SafeMoon (SAFEMOON) is currently priced at $0.05745, or 0.0002173 SOL, and has experienced an astonishing surge of 50,298% in the past 24 hours. This dramatic spike suggests that SafeMoon is part of a highly speculative and volatile market environment. In shorter time frames, the token has dipped by 3.25% in the last five minutes, yet it has shown remarkable growth of 40.05% over the past hour and an impressive 520.72% increase during the previous six hours, highlighting the rapid price dynamics common to meme coins like SafeMoon. The trading volume over the last 24 hours has reached $240.82 million with 234,696 transactions, reflecting intense market engagement. The buy-to-sell ratio is favorable, with 130,772 buys against 103,924 sells, indicating overall positive sentiment among traders, despite notable selling activity. SafeMoon’s liquidity level is reported at $1.82 million, which is relatively low compared to its volume, suggesting that large trades could significantly influence its price.
Not Pixel (PX)
Not Pixel (PX) is trading at $0.1824, equivalent to 0.03573 TON, and has experienced an 8.15% decline over the past 24 hours, indicating a bearish trend. Yet, when examining shorter time frames, PX shows signs of recovery with a 1.15% increase in the last five minutes, a 6.48% rise in the past hour, and a more substantial 23.01% uptick over the previous six hours. The trading volume for PX in the last 24 hours is $6.86 million, comprising 30,086 transactions, which suggests moderate market activity. The transaction distribution indicates a slight preference for buying, with 16,149 buy orders compared to 13,937 sell orders, suggesting a slight tilt toward buying interest despite the overall daily decline. PX’s liquidity is at $2.04 million, providing a reasonable level of trading ease, though it may still lead to price volatility with larger transactions. The token has attracted 207.48K holders, indicating a robust community support. The fully diluted valuation and market cap are reported at $45.74 million, confirming that all supply is circulating.
At 15:00 UTC, holders can claim their $PX: – 161.9M $PX for timely captcha completion – 25M $PX for participants in the promotional event. An hour later, at 16:00 UTC, the listing on decentralized exchanges (DEXs) is set to go live.
Solaxy ($SOLX)
Solaxy ($SOLX) has launched the first Layer-2 chain for Solana, aimed at significantly enhancing the performance of the Solana network. This innovative initiative promises multi-chain compatibility, unlimited scalability, zero downtime, and no transaction congestion. Originally launched on Ethereum, Solaxy bridges to Solana, integrating the strengths of both platforms. Solana has struggled with issues like network congestion and transaction failures, and Solaxy addresses these challenges through several strategic approaches. It employs off-chain processing to alleviate the main Solana chain, resulting in smoother and quicker operations. Additionally, it utilizes transaction bundling, which processes transactions in groups, enhancing scalability and reducing costs. Although transactions are processed off-chain, they are settled on Solana’s mainnet, ensuring the security of user funds. The presale of Solaxy has seen remarkable success, raising over $13.9 million with a token price of $0.001612. Community involvement has been strong, with over 4.1 billion tokens staked, and Solaxy offers a staking APY of 275%, attracting investors seeking passive income options. Predictions for Solaxy suggest it could reach $0.032 by the end of 2025, representing a potential increase of 1,885% from its current presale price, highlighting its significant growth potential in enhancing Solana’s infrastructure. Unlike other meme coins, $SOLX holds a unique advantage as the pioneering Layer-2 solution on Solana, positioning it favorably within the competitive market landscape. Interested investors can participate in Solaxy’s presale by connecting their cryptocurrency wallets and purchasing $SOLX with accepted currencies such as ETH, USDT, or BNB.
