The latest Solana (SOL) based memecoin, SLERF (SLERF) has lost $10 million. This occurred after the project’s developer accidentally sent a major portion of the token’s supply to a burn address, one that nobody has control over. The developer, known as @Slerfsol on X, said in a Space on X that they “burned the LP and the tokens that were set aside for the airdrop.”
As for the value of the SOL crypto, it has cooled down, despite making significant highs during the past month. All of the attention has now gone towards Pullix (PLX) as it has spiked in value by 300% so far from its original listing price. We will go over the price performance of all three altcoins to see which one can grow the most. We will go over all three to determine which one is one of the best altcoins to invest in.
SLERF (SLERF) Price Performance After Accidental Burn
SLERF (SLERF) has experienced a major setback, as the project’s developer accidentally lost $10 million of the money raised during its presale. As a result, the SLERF price has taken a hit.
Specifically, the SLERF crypto went up from a low point of $0.37 to $1.28, and then fell to $0.78 again, where it found support. While this is a middle ground, it still has time to recoup the losses and reach new heights. Based on the SLERF price prediction, it can end 2024 at $1.03.
Solana (SOL) Cools Off With Growth – How Far Can It Go?
Solana (SOL) initially experienced a major 708.7% price upwing year-to-date (YTD). In addition, during the past month, the Solana crypto saw an uptrend where it increased by 76.5%.Â
Since then, the crypto has cooled down, as the Solana price has moved from $162.27 to $208.33, and has since retraced to $187 where it found support. Now, the crypto needs to regain bullish attention and can then reach new heights. According to the Solana price prediction, it can end 2024 at $291.15.
Pullix (PLX) Launches New Trading Platform – Price Soars 300%
Pullix (PLX) is breaking records with an explosive launch, and has seen a major level of attention from investors and traders. It combines the best elements of CEXs and DEXs within a single platform, and also introduces a Trade-to-Earn program.
In addition, another stand-out feature behind the platform is its revenue share model, where anyone can provide liquidity to the automated market makers (AMMs) to get a portion of the daily revenue generated by the platform. In addition, there is a token burn system in place to decrease the supply of PLX over time, which can result in an increased value. There are zero KYC requirements, and anyone can access perpetual futures, CFDs, and even a dedicated vault for the secure storage of cryptocurrencies. These aspects position PLX as one of the top altcoins to buy.
The PLX token is now listed on BitMart, XT.com, Uniswap, CoinMarketCap and CoinGecko and on April 2, 2024, it will also see its third major CEX listing as it will be a part of the MEXC exchange. In addition, the platform launched on March 21, 2024, and for the next three days, anyone can create a demo account. By doing so, they can explore the platform’s features and test out trading strategies.Â
After this initial period, live trading and deposits will be enabled. However, the crypto has grown from its listing price of $0.168 to $0.6734, which signifies a 300% uptrend occurred. There’s also a Staking dApp, where presale buyers can connect DeFi wallets and claim their tokens. These aspects make it one of the best altcoins to invest in.
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