Solana’s AI Crypto Flávia Hits $40M Market Cap Within 9 Hours of Launch

Summary

Flávia memecoin is making tides on the crypto scene as its market value has already exceeded 40 million US dollars in just nine hours of its launch.

Flávia is a solana-based AI memecoin is a recently added entity in the crypto market. It has been seeing constant increase in price since its release. It crossed an impressive 40 million USD in just nine hours of its launch. Reportedly, its current transaction volume has exceeded 64.8 million US dollars.

People believe this to be some sort of miracle, according to a report by LookOnChain, one guy turned $668 into $1.79 million in a matter of just 10 hours. That is a 2693 times return, this is nothing short of a miracle. Some believe this to be pure luck while there is also an argument of him being an insider. Reports also suggest Flavia being related to Trevor, the founder of virtual internet celebrity startup Brud, and may be a product trained by Trevor using Anthropic’s computer use.

According to solscan, top 10 Flávia holders collectively own 211,172,782.99 tokens which is 21.12% of the total available tokens. As of October 23 2024, the price of Flávia on Raydium is $0.04083 which indicates 61,364% increase in the last 24 hour. Its 24 hour trading volume is estimated to be around $89.44 million. It is interesting to see how far this token can reach.

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Solana’s Rising Tide: The New AI Crypto Attracting Investors with Promising Returns

Summary:

As the crypto market constantly changes investors also look for a change. A new AI crypto platform Solana has been attracting a lot of investors lately with its constant increase over the past month. This up and coming crypto promises a fresh wave of innovation.

Solana crossed an impressive $3 million on its exclusive token presale. This huge surge makes it an undeniable asset to preserve for crypto whales. With that surge, it promises to thrive in any market condition. Experts believe its return of investment could go as high as 1200%, with CYBRO tokens available for $0.03 each. They have also launched a referral program where if you bring a new investor you get 12% from direct referees’ token purchase, 3% from second-level referees, and 2% from third-level referees. In addition to tokens, CYBRO also introduces exclusive Points, providing even greater benefits for investors. Up to 1 million Points are distributed weekly, earned by investing in CYBRO’s DeFi Vaults.

At the time of writing, Solana holds a price of $144.67 with a 24-hour trading volume of $2,042,359,202. It has increased by 0.38% in the last 24 hours and a total increase of 0.18% in the past week. It has only been going higher for a couple of weeks now indicating no signs of going down. With a circulating supply of 470 million SOL, Solana has a market cap of  $67,895,047,131.

Solana is turning the tide as a blockchain platform known for its scalability. It competes with big names like Ethereum and Cardano. Solana supports a range of various programming languages making its development options faster and flexible. It even facilitates and rewards those who support the network. Overall, Solana has a substantial potential for hosting high-activity product services by offering valuable opportunities in the decentralized application space.

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Solana: First Implied Volatility Index Goes Live on Volmex

4th September, 2024, Wyoming

Solana (SOL) is an emerging star in the world of cryptocurrencies. The latest milestone: its first implied volatility index on Volmex! If trading is your thing, this is massive.

Volmex is a platform that is focused on volatility related to cryptocurrency. It has launched an index that will measure the volatility of Solana’s price.

The big deal! Long-term and short-term embedded volatility is a tool that traders consider as the measure of future market outlook in terms of their fluctuations. Until now, such tools were common in traditional markets as Bitcoin and Ethereum. But now, Solana’s new index provides traders with trading approaches and insights for its traders.

This has unveiled a new landscape. Experience or newcomers in the trading business can make good decisions in trading shares by having volatility data. It is yet another indication that Solana is firmly setting its position among the best and most valuable cryptocurrencies. Hence, this may be beneficial for your investment portfolio.

With this, Solana remains in a position of being one of the most singular and novel blockchains out there in the market. If you are not following SOL now then I believe it is high time you should start doing so.

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