Traders Flip Bearish on Solana (SOL) Meme Coins as New Ethereum Token Flashes 18720% Potential

Traders are growing cautious about the Solana (SOL) meme coin market just as a new Ethereum (ETH) based token, Little Pepe (LILPEPE), shows the kind of early strength that has analysts talking about a possible 19,720% upside. In months, this shift has created one of the most interesting rotations in the meme coin space.

Solana Meme Coins Face Heavy Selling

Solana’s native coin is currently trading for nearly $200, according to CoinMarketCap, after failing to hold support for around $220. Technical indicators such as the 50-hour and 100-hour moving averages now lean bearish. Many traders see resistance around $215 to $222, while the next support is closer to $184. Data from Investing.com shows that short positions are rising while momentum indicators remain weak. This combination suggests that selling pressure could persist, and meme coins built on Solana may struggle unless sentiment improves. There are several reasons for the change in mood. Some investors are rotating away from highly speculative Solana meme coins into projects they believe have stronger foundations. Solana has also faced periodic network congestion and outages that have made traders nervous. A recent study on Solana liquidity pools flagged thousands of suspicious pools that showed rug pull patterns. These findings added to the perception that many smaller Solana meme coins currently carry more risk than reward.

Little Pepe’s Presale Gains Attention

While Solana meme coins cool off, Little Pepe has become the bright spot on Ethereum. It is currently in Stage 13 of its presale, priced at $0.0022 per token. According to recent data, the project has raised about $26,358,298 out of a $28,775,000 goal and has sold 16,151,497,877 tokens out of the 17,250,000,000 available in this stage. Earlier stages already rewarded early participants. Those who bought in Stage 1 at $0.001 are sitting on paper gains of roughly 120%. The presale has 19 stages in total, with the final listing price expected to start at $0.0030, which still leaves room for a 37% upside for buyers at the current stage.

A Meme Coin with Infrastructure

Little Pepe sets itself apart by pairing meme culture with practical tools. The team is building a Layer 2 network specifically designed for meme tokens, enabling faster and cheaper transactions on top of Ethereum. The contract includes sniper bot protection, which prevents whales from capturing most of the supply at launch —a common complaint in other meme coins. It has also completed a CertiK audit, adding a layer of trust that many meme projects lack. Its zero tax on buys and sells makes trading easier for retail investors and whales.

Community Energy and Whales Joining In

Excitement has been boosted by strong whale accumulation during the presale and by large community campaigns. The ongoing $777,000 giveaway has already gathered more than 412,400 entries. Another Mega Giveaway for Stages 12 to 17 has attracted over 73,000 entries, offering ETH prizes to the biggest buyers. These campaigns keep the community engaged while increasing visibility across social media. According to web search trends, Little Pepe even topped PEPE, DOGE, and SHIB in meme coin-related searches between June and August, especially in ChatGPT 5 query trends.

Bullish Catalysts and Price Outlook

Little Pepe starts from a near-zero market cap, which gives it significant upside potential compared with older meme tokens that already carry billion-dollar valuations. Analysts cited by IndiaTimes suggest that under favorable market conditions, the token could climb as much as 19,720% from presale to future peak levels. Upcoming listings on major centralized exchanges are expected to add liquidity and bring new retail investors. The roadmap includes staking rewards, a DAO for community votes, and a meme launchpad to help other projects, which could give the ecosystem more staying power.

A Turning Point for Meme Coin Traders

For now, the contrast is clear. Bearish technical signals and shrinking liquidity weigh on Solana meme coins, while Little Pepe on Ethereum is riding presale enthusiasm, whale interest, and strong community campaigns. Investors watching this shift see an opening to rotate out of lagging Solana memes into a token that trades at $0.0022. If LILPEPE’s catalysts play out as planned, the 19,720% upside could turn early buyers into some of the biggest winners of this year’s meme rally. To join the presale before the final listing, visit the Little Pepe website, join the Telegram community, follow updates on Twitter, and check the $777,000 Giveaway before Stage 13 sells out.

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Source: https://thenewscrypto.com/traders-flip-bearish-on-solana-sol-meme-coins-as-new-ethereum-token-flashes-18720-potential/