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Predicting prices in the crypto market is always a challenge, especially with the November elections just ending. Things could get a bit volatile and unpredictable in the next few days, compared to the rest of the year.
Still, Solana is looking good and is on its way to going higher and higher - or at least that’s what some analysts believe. On the other spectrum of the crypto market, where meme coins dwell, there are some exciting newcomers on the horizon, but more on that later.
Right now, let’s see what Solana has in store for the coming year.
As with most cryptocurrencies, Solana had its share of ups and downs. It got in a bit of a hiccup in the last several days, going from ~$175 at the end of October to ~$155 after several days in November.
However, the price rose once again and is currently set at $187.19, which gives a lot of optimism that Solana will continue its upward trajectory in the future.
How much it will grow depends on various factors, and different analysts have different opinions.
One analysis shows that Solana might be on a bull run and by the end of the year 2025, could be set at around $407. Other, less optimistic opinion-makers predict a lesser amount of $286 by the end of next year. The truth might be somewhere in between, but the predictions do give merit to the potential bull run.
Still, considering there is a fair share of unpredictability surrounding Solana and the crypto market, especially since the full aftermath of the November elections is yet to become clear, it’s wise to take a closer look at meme coins.
With their more reasonable price, meme coins are generally more approachable to potential investors even in the wake of the US elections. Due to their lower price of admission, one can earn quite a lot when their price starts to rise.
You just need to find a potential gold mine, and Shiba Galaxy may be just that.
In addition to being one of the fastest-growing projects when it comes to meme coins, Shiba Galaxy offers insanely fast processing speed. It's an L2 meme coin blockchain that offers instant bridging between Ethereum and Shiba Galaxy Chain, boasting the industry's lowest transaction costs.
With the ecosystem's inclusion of a block explorer and builder, there are plenty of things to look forward to, for both investors and developers.
Currently priced at $0.108, Shiba Galaxy ($SHIBG) is a meme coin that goes one step further than all its peers as it has already been audited. So, even on the ever-important security front, Shiba Galaxy delivers the goods.
With a $30 million market cap and everything else, Shiba Galaxy is perfectly positioned to go sky high during the inevitable bull run.
This newcomer is by far the most exciting thing on the market right now. Sure, Solana is slowly rising, and maybe you can say it’s a safe bet, but it’s already been on the market for over four years now, and it’s kind of dull with not much to look forward to.
On the other hand, Shiba Galaxy has the potential to rock not just the meme coin market, but the whole crypto market at that. At the very least, it has the ability to go toe to toe with the leaders in the meme coin universe.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
