Bluntz, a crypto trader with 319K followers on X, is extremely bullish on SPX6900 (SPX), one of Solana’s top meme coins.
The trader has cited the Elliott Wave Theory and expects $SPX to climb up to $2.20, which will double its current price of $1.10.
Keep reading to find out more about his predictions, and why the best meme coins on Solana could be your path to crypto millionaire status.
Expert Trader Bullish on Solana Meme Coins $SPX & $WIF
According to the the Elliott Wave Theory, the price of an asset moves in identifiable wave patterns in the direction of the overall trend.
So, if the overall trend is bullish, which is the case in $SPX, the price will move up in five waves, with the second and fourth waves being small dips for consolidations.
Bluntz believes that $SPX has currently only served up the first two waves, with a trending third wave, which usually sees the highest increase in prices, waiting to happen.
Interestingly, Bluntz has picked another Solana meme coin, dogwifhat (WIF), to print its third wave of the Elliot theory and climb up to $1.25 by the end of the fifth wave. $WIF is currently trading around $0.87.
After a sluggish Q1, Bluntz says that the ‘real’ altcoin season hasn’t arrived yet, and when it does, it will be meme coins (like $SPX and $WIF) that will lead the momentum.
When the real altcoin bid returns, memes are always the strongest. – Bluntz
It’s hardly surprising that Bluntz picked two Solana meme coins to lead the next rally. After all, some of the best altcoins to buy are usually Solana-based thanks to the network’s blazing speeds and low fees.
With that in mind, we’ve handpicked three Solana meme coins with the potential to 10x (even 1,000x) your investment in the upcoming altcoin season.
1. SPX6900 ($SPX) – Best Solana Meme Coin on Presale, Building First-Ever Solana L2
SPX6900 blends humor and finance like very few meme coins can. As the name suggests, $SPX is a meme coin twist on the legendary S&P 500 stock market index.
The token’s virality stems from its ‘amusing’ goal of taking on the S&P 500. Thanks to incredible backing from meme coin degens, $SPX has turned out to be significantly more profitable than its traditional counterpart.
It’s up 135% over the past 30 days and currently boasts a massive market capitalization of around $1.08B.
Even though $SPX is currently heading into a major resistance zone, its current momentum could help it break through relatively easily.
After this, we can see the token climb up to its all-time high of $1.80. $SPX is currently trading at $1.18.
2. Solaxy ($SOLX) – Best Solana Meme Coin on Presale, Building First-Ever Solana L2
Solaxy ($SOLX) is unlike other Solana meme coins in that it won’t just leech off of the blockchain’s low-cost and high-speed infrastructure. It will, in fact, MSGA, i.e., Make Solana Great Again.
Solana has been struggling with frequent transaction delays (even complete failures) thanks to network congestion and scalability issues that crept up after the launch of $TRUMP early this year.
An unprecedented increase in investors overloaded the network, but Solaxy will fix these issues by building the first-ever Solana Layer 2.
This L2 will offload transactions from Solana’s mainnet onto a sidechain, thereby reducing the burden on it. Additionally, $SOLX will also improve Solana’s affordability by processing transactions in batches rather than individually.
If the momentum holds after listing, which it should, we can see $SOLX burst 11,400% and reach $0.2 by 2026. You can buy Solaxy now for just $0.001746.
3. Snorter Token ($SNORT) – Telegram-Based Trading Bot Simplifying Meme Coin Trading on Solana
Snorter Token ($SNORT) is a new crypto and the native token behind the Snorter Bot, a Telegram-based meme coin trading tool offering low costs, lightning-fast executions, and state-of-the-art security.
In addition to charging you just 0.85% trading fees (other bots charge a minimum of 1%), Snorter also comes with several unique features, such as copy trading, meme coin sniping, stop-loss automation, and live portfolio tracking.
Combined with real-time honeypot and rug pull detection, as well as MEV protection, you can use Snorter Bot to elevate your meme coin trading game without compromising security.
It’s worth noting that $SNORT is one of the newest crypto presales around, but despite that, it has already raised over $420K. Each token is currently available for only $0.0943. Here’s how to buy it.
DYOR Before Buying Solana Meme Coins
The market is showing us strong potential growth from Solana and $SOL-based tokens like Snorter Token or Solaxy. The extent of growth remains to be seen.
But investing early in presales tends to offer higher profits at the end of the day.
Still, remember that investing in crypto is a risky endavor. Market conditions can change and fluctiation can ruin your plans. Don’t invest more than you can afford to lose!
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