Crypto Experts Invest in New Solana Meme Coin as Crypto Markets Rally – Time to Buy?
Crypto experts are flocking to invest funds in an exciting new Solana meme coin Sealana (SEAL) as the crypto market rally accelerates on Monday in wake of rising hopes for the SEC to approve spot Ethereum ETFs this week.
Ether (ETH) jumped 15% on Monday to the $3,500s as analysts at Bloomberg upped their expectations for ETF approval.
Update: @JSeyff and I are increasing our odds of spot Ether ETF approval to 75% (up from 25%), hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), so now everyone scrambling (like us everyone else assumed they'd be denied). See… https://t.co/gcxgYHz3om
— Eric Balchunas (@EricBalchunas) May 20, 2024
Prior to today, almost no one expected spot Ethereum ETFs to gain approval this week.
If approval does come, expect a surge in risk-taking activity across crypto markets.
Major cryptos such as Bitcoin, Ether and Solana could retest yearly highs and meme coins could pop.
But rather than jumping into already well-established meme coins, crypto experts are hunting for smaller, newer gems that might 100x.
An exciting new Solana meme coin called Sealana (SEAL) has been making a splash, and could be a great bet.
South Park-themed Seal cartoon character Sealana has been making waves in meme coin trading circles since launching its presale.
#Sealana, making #Memecoins great again!
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