Solana Price Prediction Toward 500$ – Can A New Meme Coin Beat It?

Although experts believe the entire crypto market (at least when talking about major crypto) will experience a slight bearish sentiment in November, things are looking good for Solana (SOL). Throughout October, Solana holders noticed massive gains, leading some experienced crypto enthusiasts to predict it may reach as high as $500.

However, if we’re to go by historical data, meme coins will take center stage in November and build up even more momentum, led by exciting new projects such as Shiba Galaxy that combine utility with classic meme coin goodness.

Is Solana hitting it big?

While Bitcoin is going through volatile pump-and-dump cycles, Solana is showing much more stability this month. It’s impressive, really, as it seems Solana is impervious to the downturns that Bitcoin experienced lately.

Solana is currently standing at $162.52, showing an overall positive bullish sentiment.

How much will Solana grow, though?

It depends on who you ask. Crypto analyst “Crypto General” is projecting $290 by the end of this season (with analyst “gum” predicting $500), while others are much more cautious despite favorable data. These wary analysts believe the coin will lose momentum by the end of 2024 and anticipate a major dip in November.

The overall sentiment is positive with many crypto fiends believing Solana is about to explode in value. Still, it’s also not wise to ignore broad market factors that may influence its trajectory in the next few weeks.

This uncertainty is the exact reason you should bank on meme coins instead.

Shiba Galaxy is set up for success

This November may turn into a major milestone for the entire market. The presidential election may shake the boots of major crypto assets, but meme coins are generally impervious to these challenges due to their more reasonable price. The lower price of admission also leaves investors open to seeing massive earnings when the coin rises in value.

For instance, the OG meme Shiba Inu (SHIB) is fast ascending. At the time of writing, it’s just made a gain of 9.6% in the last 24 hours. The community is similarly hyped about other famous meme coins like DOGE and PEPE.

However, true potential lies in new and interesting projects. Shiba Galaxy is currently one of the fastest-growing projects in the meme coin sector that may redefine the game but also has serious growth potential.

A coin with all the utility and benefits of a regular crypto asset, Shiba Galaxy breaks the mold of other meme coins while addressing the issue of scalability. It’s an L2 meme coin blockchain that offers instantaneous bridging between Ethereum and Shiba Galaxy Chain with the lowest transaction costs in the biz.

The experience is more than smooth as Shiba Galaxy brings lightning-fast processing speeds to the table. Since the ecosystem also features block explorer and builder, both developers and investors have a lot to be excited about.

You can look at Shiba Galaxy as a meme coin that offers the same positives as its brethren but goes way beyond. As such, it could experience a significant pump during the bull run. Plus, most major meme coins have a market cap reaching as high as a few billion, compared to Shiba Galaxy’s $30 million market cap, so there could be more upswing potential.

$SHIBG is currently priced at $0.105.

Join the cool kids club

As the most exciting project in the market, Shiba Galaxy offers something special – real utility that makes other coins seem lame in comparison. When you put everything together, you get a project that has staying power and potential to rival leaders in the meme coin space.

Don’t waste time worrying about Solana and playing it safe with coins that are old news – Shiba Galaxy is the new, cool kid on meme coin block – one that you can become a part of now.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article