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Solana-Based SOL Street Bets (SOLBET) Taking Investors By Storm

Simon Osuji by Simon Osuji
May 14, 2024
in Business
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Solana-Based SOL Street Bets (SOLBET) Taking Investors By Storm
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Solana-based cryptocurrency projects have registered stellar performance over the last few months. Memecoins, such as Bonk (BONK) and dogwifhat (WIF), have been among the best-performing crypto assets over the last year. SOL Street Bets (SOLBET) is another SOL-based project that is making quite a buzz in the community. 

SOL Street Bets is a spin on Wall Street Bets, which is a popular retail trading community that rose to fame during the 2021 meme stock craze. 

According to DexScreener, the project has registered a trade volume of $26.1 million with over 13,000 buyers.

Source: DexScreener

The project currently has a market cap of $1.4 million and is gradually rising every day. Moreover, the project has $158,000 liquidity locked. 

Is the Solana-based SOL Street Bets (SOLBET) the next big thing in crypto?

SOLBET is taking the crypto sector by storm. The project has been leading trends across the Solana network, as well as across various DEXs (Decentralized Exchange). The project was also mentioned by popular platforms such as BitGet. The official Wall Street Bets X profile also follows the projects on X. The project has also managed to get several big influencers on board, which will help push its message forward. 

SOLBET is a community-driven project and is mostly driven by its members. The project hosted a Venture Capital round, with 100 members coming online in just a few hours after launch.

SOLBET aims to hit a $20 million market cap, riding the GameStop hype. Moreover, there are rumors that CEX (Centralized Exchange) listings are just around the corner. The asset will also soon make its way to CoinMarketCap and CoinGecko, two of the most popular cryptocurrency ticker platforms.

SOL Street Bets (SOLBET) seems to be on the right path to deliver a stellar performance. traders and investors may want to keep an eye on this emerging project for massive gains.

To know more about SOLBET, visit their website, visit their X Page, join their Telegram, or visit the DEXScreener page.

DISCLAIMER: THIS IS A SPONSORED POST

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