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Best Presales to Buy After Binance Denies Rumors About Dumping Solana

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A Binance spokesperson has clarified that rumors suggesting that the company was dumping some of its crypto holdings, including Ethereum and Solana, are simply untrue.

These rumors started doing the rounds on social media almost immediately after the Bybit hack. Speculations suggested that large crypto firms, including Binance, caused the recent market sell-off by aggressively selling and reducing the size of their holdings.

They are misunderstanding what Binance does as an exchange, which is we simply help users match trades – Binance

Binance’s clarification could be one of the reasons we’ve seen the market recover over the weekend.

There are still reasons to worry about potential liquidation, though, especially given the upcoming influx of Solana tokens from the FTX hack. Over 15M $SOL worth $2.5B are about to flood the market.

Still, expert analysis suggests that the coming week could see more buying pressure, as $BTC takes support on the 200 EMA. Combined with the long-term perspective being bullish, it could be worth investing in promising new presales that are showing a lot of investor interest.

1. Solaxy ($SOLX) – Solana Altcoin Capable of Boosting the Network’s Appeal

Solana has undoubtedly been one of the most talked-about blockchains in the last year thanks to its memecoin-friendly infrastructure.

It’s both fast and cheap, which has led to an increase in the number of meme coins on the network. Notable ones include $TRUMP, $BONK, and $MELANIA.

However, Solana’s rise to fame has birthed operational difficulties. The network stands overwhelmed by the sheer amount of transaction requests. This flooding of new investors on Solana has led to congestion and scalability issues, and transactions are failing to go through.

This is where Solaxy ($SOLX) comes in. Designed to be the first-ever Layer 2 solution on Solana, Solaxy will process transactions away from the network’s mainnet, reducing the burden on Solana.

Solaxy ($SOLX)

Additionally, since $SOLX will carry out multiple transactions simultaneously, i.e., bulk processing, it will result in a reduction of the costs investors have to pay to go through with their transactions.

All in all, $SOLX isn’t just all fun and games. It’s a token with real utility, which is why it’s being considered the next 100x crypto. You can join Solana’s Solaxy-fueled growth by investing in the $SOLX presale. It has already raised over $24.5M, and each token is currently available for just $0.00165. Here’s how to buy it.

2. BTC Bull Token ($BTCBULL) – Support Bitcoin’s Growth and Become a Crypto Millionaire Yourself

Similar to how Solaxy could benefit from Solana’s growth, BTC Bull Token ($BTCBULL) is also designed in a way that it will bask in the success of a top cryptocurrency – Bitcoin.

That said, BTC Bull Token has enough tricks up its sleeves that differentiate it from just about every other meme coin on the market. For starters, it’s the only one that will distribute free $BTC among token holders.

BTC Bull Token ($BTCBULL)

$BTC airdrops will take place every time Bitcoin reaches a new milestone figure, such as $150K, $200K, and $250K. Even better, the airdrops will be automatic, meaning you won’t have to manually request them, as is the case with other projects. Just make sure you keep your $BTCBULL tokens in Best Wallet.

Additionally, the project has reserved a staggering 40% of the total token supply for marketing the token after its launch. This will draw more eyeballs to it, which, combined with its deflationary model, could skyrocket the token’s price.

Early investors, including those who get in now, stand to make the most of BTC Bull Token’s success. Join now for just $0.00239 per token.

3. Best Wallet Token ($BEST) – Native Crypto of the Best Crypto Wallet

With crypto adoption on the rise, the need for better security while storing and sending/receiving crypto has never been higher. Enter Best Wallet.

As one of the best crypto wallets, Best Wallet is not only highly secure but also super easy to use. For instance, by providing seamless access to over 60 chains, Best Wallet makes it possible to manage your entire portfolio from one place.

Best Wallet Token ($BEST)

Speaking of its security, Best Wallet gives you complete control over your secret passkey. This means none other than you will be able to access your stored crypto. It also comes with advanced cryptographic techniques and 2FA/MFA, as well as third-party crypto insurance.

All in all, Best Wallet is destined for greatness. It has already amassed over 500K users and is well on its way to capturing over 40% of the non-custodial wallet market by 2026.

Like how you buy a company’s stock to invest in its growth, you can invest in $BEST to rally behind the wallet’s growth. $BEST is Best Wallet’s native cryptocurrency, after all.

Additionally, $BEST token holders will benefit from exclusive perks within the Best Wallet ecosystem. These include higher staking rewards, lower transaction fees, and the earliest access to the best new cryptos.

You can get 1 $BEST for just $0.024175 if you get in now. Overall, the $BEST presale has so far raised over $10.6M.

4. Rexas Finance ($RXS) – Unique Crypto Project Set to Increase Crypto’s Popularity

Rexas Finance is another crypto presale right in the sweet spot to benefit from increasing crypto popularity. With more and more investors looking at crypto as the next big thing, the demand for real asset tokenization is only going to soar higher. And that’s exactly what $RXS is meant for.

Rexas Finance ($RXS)

From gold and art to commodities and even real estate, Rexas Finance will provide holders with the ability to tokenize tangible assets. This one-of-a-kind crypto project will, therefore, leverage the power of blockchain tech to make investing more transparent, inclusive, and efficient.

The $RXS presale has sold over 454M tokens at the time of writing, garnering around $47M. Note that it’s nearing its end, so interested investors should hurry up and grab it while it’s available for a low price of $0.20.

Conclusion

Having pointed you towards the most promising new cryptos, we’d also like to mention that although the larger crypto market is expected to soar higher sooner or later, the ever-present volatility could mean you see some short-term red in your portfolio.

So, make sure you’re mentally prepared to stick with your investments for several months. Additionally, it’d be wise to only invest an amount you’re comfortable losing.

Last but not least, the above article isn’t a substitute for financial advice from a certified professional, so please do your own research before becoming a crypto investor.



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Solana Needs 15% Bounce After Multi-Year Support Retest

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Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology.

From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations.

In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn’t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored.

At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money.

After the failure of her home country’s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education.

Moreover, the peculiar nature of the crypto community sparked Rubmar’s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies ­–or her favorite memes.

In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school’s marching band.

She also has a passion for learning new languages and cultures, having set the goal to learn another six languages ­– currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats –hers or stray.

In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.



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Red Alert For Solana: 21% Price Drop Raises Fears Of Further Collapse

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Solana has taken a sharp nosedive, losing nearly 22% of its value and trading around $98.09. This steep drop has sent shockwaves through the crypto community, sparking fears of an imminent larger breakdown. SOL is now flashing red across the board, with sellers firmly in control and bulls scrambling to defend critical levels.

The decline highlights increasing bearish sentiment, likely fueled by technical breakdowns, weak market confidence, and rising concerns over broader economic trends. With the $100 psychological barrier now broken, all eyes are on the next key support zones.

Is A Deeper Correction On The Horizon?

In his recent post on X, King_Ab highlighted that Solana is currently trading around $98.09, marking a sharp 21.84% drop from its previous close. He further noted that the day’s trading session has been highly volatile, with SOL reaching a high of $120.07 and dipping as low as $98.06, underscoring the intense pressure in the market.

According to King_Ab, this substantial drop in Solana reflects the broader downturn witnessed across the cryptocurrency market over the past week. The decline isn’t isolated but rather part of a wider trend of risk-off sentiment as investors react to global macroeconomic uncertainty and shifting market dynamics. 

Solana

He pointed out that Solana’s market capitalization currently stands at approximately $51.15 billion, while its 24-hour trading volume hovers around $5.17 billion, indicating sustained trading activity despite the sharp correction. This combination of declining price and high volume could suggest either panic-driven sell-offs or aggressive repositioning by market participants

Critical Support Breached: Can Solana Hold The Line Below $100?

Solana’s drop below the key $100 mark signals a potential shift in momentum from bullish to bearish. This level has previously acted as a solid support zone, providing a bounce point during corrections. However, with the recent 21% decline, that line has been breached, and market sentiment is growing increasingly cautious.

For SOL to regain its bullish momentum, it needs to swiftly reclaim and sustain levels above $100 to avoid further downside pressure. If this key level remains unheld, Solana might drop to the next support zone around $79.25. A break below this level could accelerate bearish sentiments, opening the door for an extended decline toward the $58.25 support area, where the bears may gain additional control.

At this critical juncture, it’s essential to closely watch the price action for signs of stabilization or the risk of continued capitulation. As the bearish volume rises, Solana’s ability to reclaim the broken support level will likely dictate its short-term trajectory. Whether the price can recover above key levels will be a decisive factor in determining if the downtrend will persist or if a reversal is on the horizon.

Solana



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Analysts Eye 20% Breakout If This Level Is Reclaimed

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Amid the market retrace, Aptos (APT) has seen an 8% decline in the past 24 hours, falling below a key support zone for the second time this week. Despite the correction, some analysts consider that the cryptocurrency could be poised for a breakout soon.

Aptos Loses Macro Range Lows

During the March retraces, Aptos fell below a crucial support level for the first time since August 2024 but recovered 24% near the end of the month. However, APT followed the rest of the market and dumped 11% to close the March below key levels.

Analyst Rekt Capital noted that APT closed last month below its Macro Range Low of $5.44 for the first time. The cryptocurrency has been trading within the $5.45-$17 price range since 2023, retesting the range lows two times before.

Historically, “APT tends to develop bases here in the form of downside wicks for three-month periods,” he explained, adding that the cryptocurrency seems to be developing a third three-month base, with the difference that it has closed below this range for the first time in the monthly timeframe.

Aptos
Aptos monthly closes below macro range lows. Source: Rekt Capital

Following this performance, Aptos will need to reclaim the $5.44 level as support “to end this Monthly close as a downside deviation” and “avoid a bearish retest here.”

Previously, the analyst suggested that holding this level could reverse ATP’s price action in the coming months, as it has done with the other clusters. Additionally, he pointed out the previous consolidations included a “downside wicking below support.”

In his recent analysis, Rekt Capital considers that APT’s daily bullish divergence “is still something worth watching” as the cryptocurrency’s Relative Strength Index (RSI) continues to form Higher Lows despite the recent downside deviation, and its price “is trying to transition away from Lower Lows into a new Higher Low.”

According to the analyst, “a clear market structure is developing here, and a breakout from it would validate the Bull Div and set APT up for a reclaim of the Macro Range Low of $5.44,” which is key for a bullish rally.

APT To Reclaim $6.5 Resistance?

Analyst Sjuul from AltCryptoGems highlighted Aptos’ strength amid the market volatility, which saw Bitcoin (BTC) drop from $88,000 to $81,000 in the past 24 hours. APT dropped from the $5.40 mark to the $4.95 support.

The analyst considers that a retest of the local range lows could be necessary before the cryptocurrency aims for the next crucial level, as the current price zone has been tested many times.

Moreover, a reclaim of the $5.44 range could see the APT surge another 20% to the $6.5 resistance lost two months ago. Another market watcher suggested that Aptos is “showing potential for a bullish breakout as it trades within a descending channel.”

Per the chart, the cryptocurrency has been trading within a descending channel since early February, testing the channel’s lower and upper boundaries throughout March. “After testing the lower trendline, it may be finding support, and a break above the upper resistance will signal a significant rally,” the analyst concluded.

As of this writing, Aptos trades at $5.02, a 16.1% decline in the weekly timeframe.

Aptos, APT, APTUSDT
Aptos’ performance in the one-week chart. Source: APTUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com



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