There has been a long-term trend among traditional stock markets of seeing strong price surges ahead of the holiday season, specifically Christmas. The same trend has been observed in the crypto industry, whether through correlation with stocks, or due to their role as investment opportunities.
Because of this, and given the bullish nature of the crypto market throughout November, many believe that the prices will skyrocket in weeks to come. Solana, specifically, is believed to be a coin worth keeping an eye on, as experts think it could nearly double its current price of $224 and head up to $420.
Can Solana Reach $420 By Christmas?
The Solana price data shows that the coin has skyrocketed by 35% in the past month alone, and by over 260% in the last year. Back then, the coin also saw a sharp surge just before Christmas, which took its price from $63 to $121, before correcting to $100 at the start of January 2024.
If the same happens again, the coin could see a surge to $420, or maybe even higher before the year ends. Technical indicators are also showing some long-term bullish signs, especially with the price of Solana being valued above its 20-day EMA. Finally, numerous crypto analysts, such as Curb, have made bullish predictions regarding Solana.
https://x.com/CryptoCurb/status/1862902159882240395
Curb in particular told his followers on X that the Solana Price could encounter a resistance at $260, but that it is likely to soar to $420 by Christmas. With only around three weeks left until the holiday, the SOL price has a lot of ground to cover, but it is more than possible if a strong enough bull run picks up the market prices.
In the meantime, even those who might not have faith in Solana’s surge seem convinced that the new meme coin, Crypto All-Stars (STARS), is headed for the stars.
LAST CHANCE TO BUY STARS BEFORE ITS ICO ENDS
Crypto All-Stars ICO Is Nearing Its End
Crypto All-Stars is a new meme coin project that is about to conclude its presale in less than three weeks. The project’s ICO blew up thanks to its potential to revolutionize meme coin staking.
In fact, Crypto All-Stars might end up becoming the heart of meme coin staking thanks to its unique new staking platform, MemeVault. This is a smart contract for staking that differs from the others by allowing users to stake more than one cryptocurrency. The platform is already operational, and it currently lets you stake 12 different cryptos — its native STARS token, as well as Dogecoin, Shiba Inu, Pepe, Floki, Brett, Mog Coin, Milady, Turbo, Toshi The Cat, Coq Inu, and Bonk.
It offers massive staking rewards too, making it even more rewarding to buy STARS and start staking your entire meme coin portfolio, which is something that many enthusiastic meme coin investors have done.
BUY STARS BEFORE ITS PRICE SKYROCKETS
Now, its ICO is only 18 days away from its end, and while the token’s price currently sits at $0.0016582, many expect it to skyrocket after its first listings. The presale already raised over $7.64 million, demonstrating strong demand for the token. With a large portion staked, it is unlikely buyers will sell immediately, making the STARS price expected to perform well upon launch.
