Solana (SOL) is showing promising signs of a significant price increase, driven by technical patterns and market expectations. Currently challenging the upper trendline of a bullish continuation pattern, SOL could potentially rise to around $194, an 80% increase. The market is also excited about the possibility of a spot Solana ETF, similar to the recently approved spot Bitcoin ETFs. This optimism is further bolstered by expectations of a dovish Federal Reserve, which could lead to a weaker U.S. dollar and benefit cryptocurrencies like Solana (SOL).
With these factors, Solana’s price is poised for substantial growth, potentially replicating its impressive 340% rise in the past year, but there’s enough bearishness in the market to convince some traders to ditch Solana (SOL) and look for opportunity elsewhere. We did our best to track down a coin that might be better suited for your portfolio as it is yet to experience a rise similar to Solana (SOL), but has all the right indicators of a potential big spike.
ScapesMania: A Newcomer to the Crypto Scene
As February approaches, the completion of ScapesMania’s groundbreaking fundraising campaign is nearing. The immediate listing on tier-1 platforms is set to follow, potentially catapulting the ScapesMania token into the stratosphere.
The journey to success begins with strategic post-listing marketing. Guided by a team with extensive expertise, ScapesMania is poised to achieve new heights.
Furthermore, a journey with ScapesMania isn’t just about holding digital assets; it’s about enjoying the perks of token buyback & burn and staking.
With its strong practicality, ScapesMania’s token stands out in a meme-filled market. Join the community that believes in the real-world applications and long-term viability of ScapesMania!
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Standout Features
ScapesMania is a one-of-a-kind gaming ecosystem, where crypto-savvy audiences join forces with the vibrant community of casual players, paving the way to substantial growth. The ScapesMania community is buzzing with enthusiasm, which is reflected in $4 500 000+ raised from crowd/retail contributions to date.
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Empowering Holders
ScapesMania ensures participants get precisely what they desire: gamers enjoy their favorite pastime, while crypto enthusiasts can leverage the ecosystem’s performance and shape its future through DAO, all without engaging in gameplay.
Furthermore, acquiring ScapesMania tokens unlocks extra perks. By joining the presale, you can access bonuses totaling up to +107%. You can also score referral rewards by introducing ScapesMania to your friends.
Potential for Expansion
ScapesMania is part of the massive $376 billion gaming industry, and its growth potential is fueled by this booming market. Already featured on major tracking platforms, ScapesMania is expected to hit major exchanges soon, with negotiations currently underway. After its debut on exchange platforms, holders can expect greater liquidity and easier access to trade.
In recent developments, a wave of momentum was created by crypto whales with deposits of $20,000+ choosing ScapesMania as their next big potential gainer.
ScapeMania’s Prospects
ScapesMania tokens are currently a steal, priced at just $0.007732 per coin during the presale. By joining the presale, early adopters could potentially be looking at significant returns after ScapesMania makes its debut on exchanges. Of course, the already-advantageous ROI can only be just the beginning as ScapesMania has ambitious plans for its multi-stage post-listing development.
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Solana (SOL) Poised for a Major Upsurge Amid Altcoin Season and New Developments
A key driver of Solana (SOL) potential upswing is the onset of an altcoin season, as indicated by the Altcoin Season Index hitting a high of 76 out of 100, surpassing the critical threshold of 75. This signals a shift in capital from Bitcoin (BTC) to altcoins like Solana (SOL). Historically, such seasons have seen altcoins, including Solana (SOL), outperform Bitcoin, leading to notable gains. Solana, in particular, has already demonstrated over 20% price increase over the past month. A bull flag pattern on its four-hour chart suggests a potential breakthrough, with a possible rally towards the $150 zone if it sustains a close above $106.
Adding to the excitement, Solana Mobile is set to release a second smartphone, following the success of its initial crypto-ready device, Saga. The new phone aims to be more affordable while retaining core features like an integrated crypto wallet and a “dApp store” for crypto applications. The scarcity of Saga smartphones in the secondary market, where factory-sealed devices are attracting bids of $3,200 on eBay, underscores the growing demand for Solana’s mobile offerings.
From a technical standpoint, Solana (SOL) is on the cusp of a bullish breakout, with a possible “bull flag” breakout leading to a price target of around $194 by March – an 80% increase from current levels.
Conclusion
Solana (SOL) is set for a substantial price increase, potentially reaching around $194, an 80% rise, driven by technical indicators and market optimism. Meanwhile, ScapesMania, a new entrant in the crypto market, shows promise with its presale stage and unique gaming-related concept. Its likely increase can possibly outshine even the better-known coin, especially in today’s market.
Site: https://scapesmania.io/
Twitter: https://twitter.com/ScapesMania
Telegram: https://t.me/scapesmania
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Source: https://coinedition.com/solana-rises-by-340-in-one-year-can-scapemania-achieve-same-growth-too/