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HomeCryptocurrency coins News TodayMerchants eye the subsequent Solana meme coin: Tequila (Julio)

Merchants eye the subsequent Solana meme coin: Tequila (Julio)

  • Solana meme cash have carried out effectively this yr and gained market share.

  • Builders have turned to Solana due to its speedy velocity and low prices.

  • Tequila (Julio) hopes to turn into the subsequent huge factor within the meme coin trade.

Solana Meme cash have carried out effectively this yr as they’ve turn into Ethereum’s greatest rivals equivalent to Pepe and Shiba Inu. DogWifeHatt (WIF) has turn into the fourth largest meme coin on the planet whereas Bonk and E-book of Memes proceed to extend their market share.

Extra Solana meme cash are being launched to make the most of this development. One of the crucial anticipated is called Tequila (Julio)The honest can be inaugurated on tenth July.

Why Solana meme cash carried out effectively

Solana meme cash have turn into among the best performing belongings within the crypto trade this yr. This occurred as a result of Solana turned the most effective various to Ethereum’s ecosystem.

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

Second, Solana is understood for its scalability as it’s designed in keeping with Moore’s Legislation, that means it performs effectively because the computing trade improves.

Third, Solana’s prices are considerably decrease than Ethereum and different in style layer-1 networks. It handles many transactions for mere cents. An excellent instance of that is its whole charges this yr. Whereas Ethereum has earned over $1.4 billion in charges this yr, Solana has earned lower than $300 million.

As well as, there may be plenty of buzz in regards to the success of Solana dApps this yr. For instance, decentralized exchanges (DEXs) equivalent to Raydium, Jupiter, and Orca have constantly ranked among the many high ten largest DEX networks within the trade. Additionally, the Solana meme coin has garnered extra headlines this yr.

Tequila anticipated to turn into a serious a part of the Solana meme coin

The previous few weeks have seen a number of drink-related tokens launch on Solana’s ecosystem. Beercoin and Water didn’t carry out effectively as insiders dumped the tokens quickly after launch, resulting in important losses.

Tequila, a well-liked drink from Mexico, hopes to turn into the biggest beverage-themed token on Solana’s ecosystem. That is notable due to the function tequila performs within the beverage trade. In 2023, Mexico shipped over 400 million liters and earned over $32 billion in income.

Tequila won’t have a standard token sale. As a substitute, it can have a good launch on July 10. A good launch is the place all tokens are launched instantly. After that, the builders hope to launch its advertising and marketing push and itemizing on main platforms like CoinMarketCap and CoinGecko.

This course of can be adopted by itemizing on main centralized exchanges and the launch of tequila-themed events. Sooner or later, builders will work to launch the utility options of the JULIO token, together with its Layer 3 community. You’ll be able to find out about it right here Tequila (Julio) Right here.

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