Will Moo Deng's Rise Spark SOL's $300 Climb?

The stellar performance of popular meme coins on the Solana (SOL) network has triggered bullish price forecasts for the sixth-largest cryptocurrency.

Solana (SOL) price is being tipped to hit $300 if considering the stellar performance of popular meme coins on the Solana network.

Solana meme coin sparks price surges

Among these meme coins, Deng, a meme coin inspired by a baby hippo at a Thai zoo, has surged by a whopping 700% over the past week.

Chart showing MOODENG's recent price movement from CoinGecko

In addition, Peanut the Squirrel and Pudgy Penguins each posted 287% and 172% price spikes, respectively.

With these recent positive developments, some market watchers wonder if Deng's epic rise, plus the similar stellar performance of other meme coins will help SOL hit $300.

According to Alejandro Arrieche's analysis on FXEmpire, the recent market performance of Solana's meme coins have possibly aided SOL's rally to $180.

Arrieche pointed out that SOL's recent price action seems to favor an upcoming "golden cross." If it occurs, Solana could potentially rise to $300 in the next three months.

However, Victor Olenrewaju of CCN notes that the meme coin revival is still fragile, and bearish risks persist—making the $300 Solana price prediction heavily dependent on overall market conditions.

What's more

While Solana-based meme coins continue to dazzle and excite meme coin enthusiasts, large buyers are keeping an eye on JetBolt (JBOLT). This young altcoin's presale momentum is steadily building.

Since the presale began, JetBolt has sold over 350 million tokens and has generated more than $3.2 million so far.

One of the key reasons JetBolt is attracting early buyers is its groundbreaking features. For instance, its game-changing zero-gas technology eliminates gas fees typically associated with blockchain transactions.

JetBolt is also rolling out an interesting take on crypto staking with its no-fuss platform that provides a fun way to earn passive income. Unlike traditional staking systems which can be complicated, JetBolt's platform is designed to be simple and enjoyable. Participants can even earn additional rewards by staking JBOLT tokens while engaging with friends.

Furthermore, JetBolt offers a crypto market insights and news tool powered by artificial intelligence. This smart AI utility displays sentiment-based crypto news and information in an easily digestible format.

Currently in presale, JetBolt offers attractive perks for early buyers, including up to 25% bonus tokens when purchasing Alpha Boxes or JBOLT tokens in bundles.

With its cutting-edge attributes, presale achievements, and generous bonuses, it's no wonder JetBolt continues to gain traction.

This piece does not provide financial or crypto buying advice. Always conduct in-depth research before acquiring any crypto asset. All cryptocurrencies are risky and inherently volatile.