Jupiter Acquires Moonshot: What It Means for Solana and XYZVerse’s Potential

Solana-based decentralized exchange Jupiter is one such standout, with its native token, JUP, surging nearly 30% over the past week. The catalyst might be Jupiter’s recent acquisition of Moonshot, a crypto platform that simplifies buying and selling meme coins on iOS and Android.

Revealed by Jupiter’s pseudonymous founder, Meow, in a post on X, the acquisition signals a strategic move to expand the exchange’s capabilities and capitalize on the growing meme coin sector.

For Solana and meme coins like XYZVerse, this development opens new doors for adoption, liquidity, and visibility in a challenging market environment.

$XYZ Eyes 25% Price Increase as XYZVerse Completes 80% of the 10th Presale Stage

XYZVerse has distinguished itself as a unique project, merging the excitement of sports with the lighthearted nature of meme coins. This project introduces an innovative concept to the crypto space, uniting sports enthusiasts and crypto enthusiasts in search of the next promising investment.

The distinctive concept developed by XYZVerse has already garnered significant interest from the crypto community. It is currently conducting a presale of its $XYZ tokens, and 9 out of 15 stages have already been completed, demonstrating strong momentum as the token approaches a Token Generation Event (TGE).

The presale structure implies incremental price increases of the $XYZ token. At stage 1 it was priced at $0.0001, and now at stage 10, $XYZ costs $0.002.

The tenth stage will complete as soon as XYZVerse breaks another milestone of $7.5 million. Around 80% of this target has already been raised.

Those who buy $XYZ in earlier stages, get the opportunity to  secure this asset at a bigger discount. 

Some members of the crypto community have already recognized the high potential of this meme coin.

Smart Tokenomics Built for Sustainability

XYZVerse has designed its tokenomics with a focus on long-term growth and community value. A limited supply of 100 billion tokens ensures scarcity as the project gains traction, while a 15% liquidity reserve improves stability for trading and market operations.

The planned token burn will gradually decrease the circulating supply, adding a deflationary element to $XYZ. This scarcity mechanism is designed to support the token’s value over time, especially as demand increases with new use cases and adoption.

Why XYZVerse is Drawing Attention

XYZVerse is attracting investors not only because of its discounted presale pricing but also because of its vision and execution. By combining a solid roadmap, sustainable tokenomics, and a strong community, XYZVerse is establishing itself as a prominent player in both the meme coin and sports-themed crypto niches.

With five presale stages remaining, early-stage buyers have the opportunity to acquire $XYZ at competitive prices before it is listed on major exchanges.

Join $XYZ Presale Now Before the Next Price Increase

Solana (SOL) Price Analysis and Prediction

Solana (SOL) has experienced significant price movements recently. Over the past week, its price has dipped by about 10%. Despite this short-term decline, the coin has seen a robust increase of over 22% in the past month. Looking at the six-month horizon, SOL has grown by nearly 26%, highlighting its upward trajectory over the longer term.

Currently, Solana is trading between $222 and $266. The nearest support level is around $203, which could act as a safety net if prices continue to fall. On the upside, the nearest resistance level is at $291, a point that SOL might aim for if bullish momentum returns. Beyond that, the second resistance level stands at $335, while the second support level is down at approximately $160.

Technical indicators provide further insight into SOL’s performance. The 10-day simple moving average is close to $233, slightly below the 100-day average of about $252. This suggests some short-term bearish sentiment. However, the Relative Strength Index (RSI) is around 17, and the stochastic is near 10, both indicating that the coin is in oversold territory. The negative MACD level points to ongoing downward momentum. These factors combined suggest that while SOL is currently under pressure, there may be potential for a rebound if buying interest picks up.

Conclusion

While Jupiter strengthens, improving Solana’s short-term outlook, XYZVerse stands poised for significant growth, uniting sports fans in a unique memecoin within a community-driven ecosystem.

You can find more information about XYZVerse (XYZ) here:

Site, Telegram, X

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