Traders eye the next Solana meme coin: Tequila (JULIO)

• Solana meme cash have achieved nicely and gained market share this yr.

• Builders have turned to Solana due to its sooner speeds and low prices.

• Tequila (JULIO) hopes to grow to be the subsequent huge factor within the meme coin business.

Solana meme cash have achieved nicely this yr as they grew to become the most important opponents to Ethereum ones like Pepe and Shiba Inu. Dogwifhat (WIF) has grow to be the fourth-biggest meme coin on the earth whereas Bonk and Guide of Meme have continued to realize market share. 

Extra Solana meme cash are being launched to make the most of this development. Some of the anticipated ones is called Tequila (JULIO), whose truthful launch will occur on July tenth. 

Why Solana meme cash have achieved nicely

Solana meme cash have grow to be the best-performing belongings within the crypto business this yr. That occurred as Solana grew to become one of the best various to Ethereum’s ecosystem. 

There are three foremost causes for this. First, Solana is understood for its faster transaction speeds in comparison with Ethereum and BNB Chain. Solana can deal with over 2,000 transactions per second (TPS) whereas Ethereum handles lower than 50. 

Second, Solana is understood for its scalability sincer it’s designed to scale with Moore’s Legislation, which suggests that it does nicely because the computing business improves. 

Third, Solana has considerably decrease prices than Ethereum and different common layer-1 networks. It handles many transactions for simply cents. An excellent instance of that is in its complete charges this yr. Whereas Ethereum has collected over $1.4 billion in charges this yr, Solana has made lower than $300 million.

Additional, there’s lots of hype surrounding the success of Solana dApps this yr. For instance, decentralized exchanges (DEX) like Raydium, Jupiter, and Orca have continuously moved into the highest ten of the most important DEX networks within the business. Additionally, Solana meme cash have made extra headlines this yr.

Tequila hopes to be a key Solana meme coin

The previous few weeks have seen a number of drink-related tokens on Solana’s ecosystem. Beercoin and Water didn’t do nicely as insiders dumped the tokens shortly after launch, resulting in considerably losses. 

Tequila, which is a well-liked drink that originated from Mexico, hopes that it’s going to grow to be the most important drink-themed token on Solana’s ecosystem. That is notable due to the function that tequila performs within the drinks business. In 2023, Mexico shipped over 400 million liters and revamped $32 billion in income.

Tequila is not going to have a typical token sale. As a substitute, it’s going to have a good launch on July tenth. A good launch is the place all tokens are issued immediately. After that, the builders hope to launch its advertising and marketing push and listings on key platforms like CoinMarketCap and CoinGecko.

This course of will likely be adopted by the listings on key centralized exchanges and the launch of tequila-themed events. Sooner or later, the builders will work to launch the utility options of the JULIO token, together with its layer 3 networks. You’ll be able to find out about Tequila (JULIO) right here.