Solana (SOL) price is up 30% in the past 24 hours, with bulls looking to strengthen above $70 and surpass the 19-month highs. Analysts are predicting the 6th ranked cryptocurrency could continue an upside trajectory towards the $100 mark.
The bullish sentiment around Solana has been bolstered in recent weeks with 7 green weekly candles out of the last 8, and on the monthly chart, four consecutive greens for the first time since Solana rallied higher with five straight greens from July to November 2021.
Meanwhile, the Solana-based meme coin Bonk (BONK) has hit a new all-time high amid the bullish SOL outlook, rising over 200% in the past week and 1,000% in the past 30 days. The past 24 hours have seen BONK rise 30%, hitting an all-time high of $0.00001224 on December 8.
The Memeinator (MMTR) is a new meme token hoping to leverage artificial intelligence (AI) and capture a $1 billion market cap. The token is currently in presale, having raised over $1.75 million already. Recent updates like a massive 129 million MMTR burn and launch of staking is likely to see further interest as the presale moves towards a close.
Once launched on major exchanges, the MMTR could target $0.1 in the year and $0.5 to $1 by end of 2025. Investors should find out more before they invest on the Memeinator’s social media pages or their website.
