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How Many Solana Tokens Make You A Crypto Millionaire?
Published
5 months agoon
By
admin
The crypto community often presents millionaires here and there after their successful trading journey. However, many still question how many tokens, especially Solana tokens to buy to become a crypto millionaire. That actually depends on the market and hundreds of other factors. Before that, Solana is the perfect ecosystem to consider for this mission. It is highly progressive with many technological advantages and a growing community, With that, the developer has launched many Solana-based tokens which were highly profitable, making the entire ecosystem highly demandable among investors.
What Determines The Solana Tokens Million-Making Journey?
The crypto market is filled with complexities that keep it balanced and moving. Sometimes, it could be entirely bullish, as it is these days past the Bitcoin price rally, but the remaining could be the opposite. As a result, the crypto tokens are only sometimes bullish, so their performance alone does not make someone a millionaire. More importantly, with this big goal, the person needs more than just the right Solana tokens. The person needs to consider various factors like: –
1. Investment Capital
Beginning with the right step is the way to have the right ending, which is becoming a millionaire with cryptocurrency. However, this is such a big goal that it would require a higher starting investment to achieve this goal faster, as the higher the capital, the higher the gains. More importantly, this will allow the investor to invest in multiple Solana tokens to speed up the process, as some have higher potential in the short term, while many in the long term.
2. Single Token or Multiple Tokens
Another important aspect is the portfolio division, where many experienced investors recommend diversifying the portfolio (holding multiple cryptos). Having a diverse portfolio could help mitigate the risk and increase profits in this challenging market. So, this entire crypto millionaire journey would depend on the number of tokens someone has. Some achieve this with one token, while others need multiple, depending on their trading strategies.
3. Trade Timing
Timing is the strongest tool in crypto trading, where the trade’s timing could define what an investor would have at the end. In this, buying at a dip and selling at a high, despite the market volatility, crash, and hundreds of other hurdles, gives returns. Here, patience is the key. So, a patient investor with the right crypto strategy is the winner.
4. Crypto Tokens Performance
Last but not least, the chosen crypto tokens’ performance also plays an important role. As the Solana ecosystem has hundreds of tokens, choosing the right token with solid fundamentals, use case, and user interest describes future gains.
If investors made all the right decisions, considering the mentioned factors, they could achieve their crypto millionaire goals.
5 Top Solana Tokens To Watch
After analyzing past performance and market demand, Pnut, POPCAT, GOAT, SPX, and WIF are the top Solana tokens that could assist investors in their millionaires journey.
1. Peanut The Squirrel (Pnut)
Pnut is the most trending Solana meme coin, thanks to its 3350.71% surge over the last ten days. The token is new to the market but has already achieved $1.84B in market capitalization, making it the 55th biggest cryptocurrency. Additionally, it has just hit an ATH of $2.47, currently trading at $1.84. However, the biggest proof of its demand is its $3.29B in trading volume, which is quite high. If the trend and users’ sentiments stayed the same, it could offer further profits.
2. Popcat (POPCAT)
Popcat is one of the most demanded Solana tokens due to its 20237% in YTD. Even at present, it is quite bullish, as it has recently achieved the ATH of $2.00, currently trading at $1.65 with a market capitalization of $1.62B. This makes it the 58th top cryptocurrency, which brings $235.90M in trading volume. It is the perfect Solana crypto for long-term holdings, considering its performance.
3. Goatseus Maximus (GOAT)
GOAT is gaining attention in the crypto market after an AI bot, Truth Terminal, promoted this token. Ever since its launch, this trending memecoin has achieved a new ATH at $1.06 just yesterday after multiple bullish peaks over the month. It is now worth $0.8775 and is ranked 85 per CoinmarketCap for its market capitalization of $877.55M. With that, the analysts have foreseen the GOAT price to hit $5. If that happens, this Solana coin could assist in the crypto millionaire journey.
4. SPX6900 (SPX)
After hitting an ATH, the SPX6900 is again moving with the bulls, as the price has surged 18% in the last 24 hours. The Solana token is now trading at $0.6855 with a market capitalization of $638.20M. Additionally, its trading volume is at $46.73M, which has improved after facing a significant downtrend past the ATH. Overall, the token has surged 18610.91% in the last year and has been high since September 2024.
5. Dogwifhat (WIF)
WIF has been the top memecoin to buy since the beginning of the year, as it had maintained 1894% in YTD despite its earlier fall. Many Solana tokens are slowly returning to their potential with the ongoing market conditions, including WIF. The WIF price has surged 53% over the week. It is trading at $3.54 after achieving the biggest peak in seven months, at $4.5. Overall, WIF is still in high demand despite the falls and might follow a similar price rally as it did at the beginning of the year.
How Many Tokens Do You Need?
Even with the best Solana tokens in your portfolio, the biggest question is how many tokens some need to become a crypto billionaire. However, that depends on the token’s price, future growth perspective, and the portfolio division. If the selected token (A for example) is trading at $50 and has a growth rate of 2x, the investor will need at least 20,000 to become a crypto millionaire.
The token amount will vary depending on the price and growth perspective. If the token had high growth potential, the number could be less, as its growth percentage would compensate for that. In the same example, the token value is $50, but it could grow four times, so the investor would only need 10,000.
Last but not least, many analysts advise keeping a diversified portfolio. The users can opt to have a mix of high and low potential tokens in the right quantity to achieve the best profits.
Final Thoughts
Becoming a crypto millionaire with Solana tokens is a dream for many, but the process is not entirely simple. An investor cannot expect smooth and exponential growth in the investment due to market volatility, so it requires a strong trading strategy, a solid portfolio, and the knowledge of the market trends to analyze the future. Only those with these skills survive the market or make millions in just a day or few hours, like this crypto trader did, as he made $3M in just 1 hour with a new listing strategy.
Pooja Khardia
With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.
As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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24/7 Cryptocurrency News
BitGo CEO Calls For Regulation Amid Galaxy Digital’s Settlement
Published
19 hours agoon
March 29, 2025By
admin
Mike Belshe, the CEO of BitGo, has commented on the recent settlement between Mike Novogratz’s Galaxy Digital and the New York Attorney General (NYAG). Known as one of the top advocates of deregulation, Belshe, per his latest updates on X, appears to favor regulatory intervention to prevent some fraudulent practices in the industry.
BitGo CEO Comments on Galaxy Digital Settlement
Responding directly to a post from Anthony Scaramucci, Belshe said it is hard to deny that NYAG laid a compelling case against Galaxy Digital. He highlighted the firm’s pump-and-dump actions. The BitGo CEO noted that selling tokens as soon as they are vested and shilling to HODL when one is actually selling is wrong.
Notably, he reiterated his respect for Novogratz and his contributions to the industry. However, considering the NYAG’s position, Mike Belshe said Galaxy Digital’s actions are unethical.
‘So, legal overreach or not, it’s not ethical, and this type of behavior makes our entire industry look bad. Unchecked, this is what leads to “over-regulation,”’ he said, advocating for users to read the controls put onto Galaxy as part of this settlement!
The Advocacy for Crypto Regulation
As reported by CoinGape, Galaxy Digital settled with NYAG with $200 million over the controversial Terra (LUNA) sales. The BitGo CEO said if the right regulations are not in place and top leaders are this manipulative, the industry may not be taken seriously.
In his calls for oversight, Mike Belshe defined this as ‘Principles-based regulation.’ He further explained what he meant, noting that no one should lie to promote assets they hold. He also advocated that influential leaders should not tell others to buy while hiding the fact that they are selling.
Over the past few years, industry leaders have often denounced the regulation through key regulators’ enforcement tactics. Things have changed drastically since Mark Uyeda came on board as Acting Chair of the US SEC.
The commission has even established a Crypto Task Force to help introduce frameworks to guide the industry.
President Trump Fulfilling Campaign Promises
The BitGo CEO’s new crypto regulation push is not on the radar. While industry experts like John Deaton agreed with his proposition, US regulatory agencies are cleaning the house to help fulfill President Donald Trump’s campaign promises.
In a recent update, the FDIC advised Federal Banks about crypto. The commission said financial institutions under its umbrella do not need prior approval to gain exposure to the crypto industry. Thus far, this positive regulatory shift has triggered a new adoption trend for the digital currency ecosystem.
One of the core positive moves was Fidelity Investments’ launch of a stablecoin on a public blockchain.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Here’s Why Crypto Market Is Bleeding Today
Published
1 day agoon
March 29, 2025By
admin
The drawdown in the broader crypto market has extended to this weekend as losses shifted from Bitcoin (BTC) to altcoins. The combined market cap has lost 2.82% to $2.68 trillion, which suggests the selloff might deepen more. With the mix of bullish news in the trailing 7-day period, the question among analysts remains what is behind the latest slump.
What Is Behind Crypto Market Crash?
Since the inauguration of President Donald Trump, the broader digital currency ecosystem has witnessed positive backing.
As reported earlier by CoinGape, President Trump granted full pardon to Arthur Hayes, and other BitMEX co-founders Benjamin Delo and Samuel Reed. While this news is localized to the beneficiaries, it generally signals the positive shift in White House’ perception of the industry.
Despite these updates, the crypto market is still reeling with losses. The same Trump administration’s trade policies have continued to weigh down investor sentiment. The April 2 reciprocal tariff timeline has placed investors on the edge.
These tariffs and trade wars have ushered in economic uncertainties and potential inflation drag. With the Federal Reserve keeping rates unchanged, the impact of inflation may force traditional firms to adjust their positions. This in turn impact the crypto market sentiment overall.
Bitcoin and Altcoin Performance Review
As of writing, the price of BTC has lost its $83,000 support and currently trading at $82,476.30 per data from CoinMarketCap. The top coin has fallen by 2.43% in 24 hours and has extended its Year-to-Date (YTD) losses to 12.5%.
Top altcoins have also lost their positions with Ethereum down 2.25% to $1,846. XRP has fallen by more than 3% to $2.115, while Cardano has shed off 3.92% to $0.6721. The altcoin response has seen Dogecoin forming a wedge pattern in what may serve as a make-it-or-break-it switch for the memecoin.
While it appears as though many of these top assets are bottoming out, their correlations with Bitcoin may extend their overall drawdow.
What Next for the Crypto Market?
Thus far this year, top coins like Bitcoin have often showcased resilience in the face of massive sell-off and crypto liquidations. Although the current price floor for Bitcoin remain undefined, with analysts keeping an eye on the $82,000 floor.
The digital currency has not breached this level in close to two weeks. While legendary trader Peter Brandt agrees BTC price may fall to $65,635, this bearish projection may be averted if the $82,500 support holds through the weekend.
Altcoins may likely boost their price recovery by relying on BTC breakout and their internal fundamental updates.
Godfrey Benjamin
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Here’s Why Peter Schiff Predicts Bitcoin (BTC) Price Crash to $10K
Published
1 day agoon
March 29, 2025By
admin
Peter Schiff, a BTC critic, has recently predicted that Bitcoin price could plummet to as low as $10,000. Schiff has expressed concerns over Bitcoin’s long-term viability, particularly in comparison to gold. His argument revolves around Bitcoin’s current performance, which he believes is being driven by short-term hype rather than solid fundamentals.
Schiff’s prediction is particularly alarming for those who view Bitcoin as a store of value. In the current trends, Peter Schiff notes that millions of young people are invested in Bitcoin while gold, a standard hedge, is pushing higher.
This view stems from his assertion that when gold prices rise to new record levels then the value of Bitcoin may plummet.
“By the time they get to their target of $5K for gold, they will drag Bitcoin down to $10K, meaning a drop of 95% from the highest it was valued at in 2021,” Schiff reasoned.
Bitcoin Price Recent Performance Against Gold
According to Peter Schiff, Bitcoin price has underperformed in relation to gold. Gold prices recently broke through $3,000 per ounce as global economic conditions continued to affect the global economy. Meanwhile, Bitcoin has depreciated in value, especially in terms of the precious metal, gold.
Since early 2025, the prices of Bitcoin have come down by over 30% against gold with one Bitcoin currently only equivalent to 27.4 ounces of gold as compared to 41 ounces in December of 2021.
If Bitcoin is an asset that people only buy when the stock market is going up and risk appetite is high, what is it that investors are buying? It’s not a stock as it will never have earnings or pay a dividend. It’s clearly not a risk-off asset, a store of value, or digital gold.
— Peter Schiff (@PeterSchiff) March 28, 2025
Another issue that Schiff dislikes about Bitcoin also revolves around its categorization as a “risk asset.” He says that BTC price movements are synchronized with the rest of the market, especially when investors are more willing to take risks. While gold provides investors with a safe-haven, the Bitcoin price operation is defined as having a volatility closer to that of the traditional markets among investors. Therefore, as argued by Peter Schiff, BTC price may decline as investors turn to the safe-havens, such as gold, in turbulent times.
Market Analyst Weigh In On Bitcoin Trend
Several market analysts are echoing Schiff’s concerns, suggesting that Bitcoin price could face challenges in the near term. Peter Brandt, a veteran trader, has pointed out that Bitcoin might be on a path to $65,635, citing a “bear wedge” pattern that has emerged in the cryptocurrency’s price charts.
Meanwhile, crypto trader Michaël van de Poppe shared his own cautious outlook on Bitcoin’s short-term prospects. Van de Poppe noted that while Bitcoin price has been holding above the $80,000 mark, its price action is starting to show signs of weakness. He added, “It starts to look slightly less good,” and suggested that if Bitcoin falls below $84,000, a deeper correction could be imminent.
Similarly, the crypto trader TheKingfisher expressed doubts about a sustained bullish recovery, indicating that Bitcoin’s current price movement aligns with a typical market cooldown. He suggested that Bitcoin could be approaching a “seasonal reset” as part of the broader market trend.
Alternative Views on Bitcoin’s Future Trend
Not everyone shares Peter Schiff’s pessimism about Bitcoin price. Charlie Morris, founder of ByteTree, highlighted that despite recent challenges, Bitcoin may have already seen its worst. He explained that while gold ETFs are experiencing slower inflows, Bitcoin could be positioned for a potential recovery.
This view contrasts sharply with Peter Schiff’s, emphasizing that the cryptocurrency may not be as doomed as some critics suggest.
Additionally, Robert Kiyosaki, author of Rich Dad Poor Dad, has weighed in on the broader market of precious metals and cryptocurrencies. While Kiyosaki acknowledged Bitcoin’s role as a hedge against inflation, he predicted that silver would outperform both Bitcoin and gold in the near term
Kelvin Munene Murithi
Kelvin is a distinguished writer with expertise in crypto and finance, holding a Bachelor’s degree in Actuarial Science. Known for his incisive analysis and insightful content, he possesses a strong command of English and excels in conducting thorough research and delivering timely cryptocurrency market updates.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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