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Traders eye the next Solana meme coin: Tequila (JULIO)

1 year ago
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Solana meme cash have completed properly and gained market share this yr.

Builders have turned to Solana due to its quicker speeds and low prices.

Tequila (JULIO) hopes to change into the subsequent massive factor within the meme coin trade.

Solana meme cash have completed properly this yr as they turned the largest rivals to Ethereum ones like Pepe and Shiba Inu. Dogwifhat (WIF) has change into the fourth-biggest meme coin on the planet whereas Bonk and Ebook of Meme have continued to achieve market share. 

Extra Solana meme cash are being launched to reap the benefits of this pattern. One of the anticipated ones is named Tequila (JULIO), whose honest launch will occur on July tenth. 

Why Solana meme cash have completed properly

Solana meme cash have change into the best-performing belongings within the crypto trade this yr. That occurred as Solana turned the perfect various to Ethereum’s ecosystem. 

There are three important causes for this. First, Solana is understood for its faster transaction speeds in comparison with Ethereum and BNB Chain. Solana can deal with over 2,000 transactions per second (TPS) whereas Ethereum handles lower than 50. 

Second, Solana is understood for its scalability sincer it’s designed to scale with Moore’s Legislation, which means that it does properly because the computing trade improves. 

Third, Solana has considerably decrease prices than Ethereum and different common layer-1 networks. It handles many transactions for simply cents. instance of that is in its complete charges this yr. Whereas Ethereum has collected over $1.4 billion in charges this yr, Solana has made lower than $300 million.

Additional, there may be a variety of hype surrounding the success of Solana dApps this yr. For instance, decentralized exchanges (DEX) like Raydium, Jupiter, and Orca have continually moved into the highest ten of the largest DEX networks within the trade. Additionally, Solana meme cash have made extra headlines this yr.

Tequila hopes to be a key Solana meme coin

The previous few weeks have seen a number of drink-related tokens on Solana’s ecosystem. Beercoin and Water didn’t do properly as insiders dumped the tokens shortly after launch, resulting in considerably losses. 

Tequila, which is a well-liked drink that originated from Mexico, hopes that it’ll change into the largest drink-themed token on Solana’s ecosystem. That is notable due to the position that tequila performs within the drinks trade. In 2023, Mexico shipped over 400 million liters and remodeled $32 billion in income.

Tequila won’t have a typical token sale. As an alternative, it’s going to have a good launch on July tenth. A good launch is the place all tokens are issued immediately. After that, the builders hope to launch its advertising push and listings on key platforms like CoinMarketCap and CoinGecko.

This course of will probably be adopted by the listings on key centralized exchanges and the launch of tequila-themed events. Sooner or later, the builders will work to launch the utility options of the JULIO token, together with its layer 3 networks. You may find out about Tequila (JULIO) right here.

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