Elon Musk unleashed a bizarre celebratory dance as he took the stage for Donald Trump’s post-inauguration rally.
The world’s richest man pumped his fists and bobbed up and down simultaneously as he took a lap on stage to raucous cheers. Once he reached the podium, he outstretched his arms and screamed, “yesss!”
Musk, 53, has become one of MAGA’s most important figures, evidenced by his slot to speak to thousands at Capital One Arena mere hours after Trump was sworn in as president.
The Tesla chief executive celebrated that the U.S. was apparently returning to doing “basic stuff” correctly and shared his joy that the it would work toward putting a man on Mars.
“Can you imagine how awesome it will be to have American astronauts plant the flag on another planet for the first time,” he said, contorting his voice and mimicking a pair of flags being planted in the ground. “Bam, bam, yeah!”
Grabbing as much attention as Musk’s remarks was a gesture he made resembled a Roman salute—a sign of power and authority that, in modern times, is often considered a symbol of fascism. He did the gesture twice, violently raising his arm after pounding his chest and grunting into the microphone.
Many noted how eerily similar the gesture was to a Nazi salute. CNN’s broadcast of the rally pointed out that the gesture was “odd-looking.” Others online took it a step further.
“Our new co-president Elon Musk gives a Nazi salute on day one of Trump presidency,” wrote one user.
Another added: “Elon Musk casually doing a Hitler salute in front of millions. Alright.”
Elon Musk Unleashes Bizarre Victory Dance at Post-Inauguration Rally
At a post-inauguration rally for his latest venture, Tesla CEO Elon Musk shocked attendees with a bizarre victory dance that left many scratching their heads.
The eccentric billionaire took to the stage after a successful launch of his latest project, which promised to revolutionize the way we think about transportation. As the crowd cheered and clapped, Musk began to move in a series of strange and exaggerated gestures that seemed more suited to a rave than a business event.
Some onlookers speculated that Musk’s dance was a form of celebration, while others wondered if it was simply a ploy to generate more attention for his latest venture. Whatever the reason, one thing was for certain – Elon Musk’s victory dance was definitely one for the history books.
As the music faded and the crowd began to disperse, Musk flashed his trademark grin and waved to the crowd, leaving everyone wondering what he would do next. Love him or hate him, there’s no denying that Elon Musk knows how to make a splash.
WASHINGTON − Conservative tech billionaire Elon Musk got a VIP seat inside the U.S. Capitol to witness President Donald Trump’s Monday inauguration, illustrating the executive’s increasing influence on U.S. politics and the new administration’s policy.
Before the ceremony started, Musk joined Meta CEO Marc Zuckerberg and Amazon CEO Jeffrey Bezos in chairs placed in front of the president-elect’s incoming Cabinet, according to media pool reports from the inauguration.
Musk heads Trump’s Department of Governmental Efficiency, an advisory commission chartered to recommend federal spending cuts and regulations for elimination. The body, co-chaired by businessman and likely Ohio gubernatorial candidate Vivek Ramaswamy, is expected to face a transparency lawsuit from an advocacy group.
The tech executive, who is the CEO of companies including SpaceX, Tesla, and X, became a familiar sight during the 2024 election cycle. Musk addressed supporters during a Sunday evening inauguration eve rally as the new president’s only guest speaker.
At Trump’s inauguration day rally at the same venue, Musk made an impassioned speech:
“This was no ordinary victory, this was a fork in the road,” he said. “Elections come and go, some are important and some are not but this one really mattered.”
“It is thanks to you that the future of civilization is assured,” Musk continued.
After concluding his remarks, Musk crossed his right arm over his chest before forcefully extending it out in front of his body in an apparent salute.
Why is Elon Musk at President Trump’s inauguration?
Musk has played an increasingly prominent role in Trump’s orbit in recent months, even reportedly staying in a $2,000-a-night cottage at the president-elect’s South Florida club and residence Mar-a-Lago. The billionaire businessman appears to have taken on a role that is part senior advisor, part celebrity fan and part de facto Cabinet member.
At a rally last night at the Capital One Arena in Washington, D.C., Trump did not bring onstage Vice president-elect J.D. Vance, but did feature Musk, who was joined by his son, X.
“We’re looking forward to making a lot of changes,” Musk told the crowd. “What matters going forward is to make significant changes, cement those changes, and set the foundation for America to be strong for centuries – forever.”
Musk, who donated more than a quarter of a billion dollars to help Trump’s reelection effort, is heading up the president’s nascent Department of Government Efficiency (DOGE), which aims to cut trillions of dollars in waste from federal government spending. Musk has recently downgraded the goal for DOGE, saying in an interview broadcasted on X, formerly Twitter, that the figure of $2 trillion was a “best-case outcome,” and suggesting there is a “good shot” at cutting close to $1 trillion instead.
As the CEO of automotive and clean energy company Tesla, Inc., Musk has built an enormous fortune currently estimated by Forbes at $444 billion, making him the world’s richest man.
But the rise hasn’t been without controversy. In 2022, Musk purchased the social media platform Twitter, which he rebranded as “X.” Under Musk’s leadership, the website has almost completely rolled back moderation policies and has become a hotbed for hate speech and a favored platform for white supremacists and other extremists.
Musk first appeared Monday morning at historic St. John’s Church where the president-elect, first lady Melania Trump, and other officials attended a special non-partisan church service.
The DOGE head sat next to incoming national security advisor and former GOP Rep. Mike Waltz of Florida, who posted a selfie of them on X. Former Trump homeland security advisor Julia Nesheiwat, Waltz’s spouse, also appeared in the photo.
After the St. John’s service, news cameras captured Musk entering the Capitol building for the indoor ceremony. He and his mother Maye have “some of the best seats in the house,” according to an AP reporter in the room.
During the ceremony, Musk and fellow tech CEOs Mark Zuckerberg of Meta, Sundar Pichai of Google and Jeff Bezos of Amazon sat to the left of the dais in front of Trump’s cabinet nominees, according to a press pool report. They were directly behind Trump family members − Melania and 18-year-old Barron Trump − and those of Vice President JD Vance.
Trump’s inaugural address included several references to America’s renewed space ambitions, including a goal of planting the U.S. flag on Mars.
“We will pursue our manifest destiny into the stars, launching American astronauts to plant the Stars and Stripes on the planet Mars,” Trump said.
Musk, whose SpaceX is developing technology for future space exploration, threw his hands into the air during the ensuing ovation, according to a press pool report.
After the ceremony ended, the tech exec spoke with the president’s daughter, Ivanka Trump, and Jared Kushner before filing out of the rotunda.
This story will be updated throughout the day with details about Musk’s whereabouts and interactions.
Elon Musk Everywhere: The Tech Giant’s Presence at Trump’s Inauguration
From the rally to the Capitol VIP section, Elon Musk’s presence was felt throughout Donald Trump’s inauguration. The tech mogul and CEO of Tesla and SpaceX was spotted mingling with political figures and industry leaders, showcasing his influence and impact on both the tech and political worlds.
At the rally leading up to the inauguration, Musk was seen chatting with supporters and sharing his vision for the future of technology and innovation. His presence drew attention and excitement, with many eager to hear his thoughts on the new administration and its potential impact on the tech industry.
In the Capitol VIP section, Musk was seen rubbing shoulders with high-profile figures, including members of Congress and other industry leaders. His involvement in the event highlighted the growing intersection between technology, business, and politics, as Musk continues to play a key role in shaping the future of innovation.
With his innovative companies and bold vision for the future, Elon Musk’s presence at Trump’s inauguration was a clear reminder of the ever-evolving landscape of technology and its impact on society. As he continues to push the boundaries of what is possible, Musk’s influence is sure to be felt for years to come.
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Conor McGregor was among the attendees at a pre-inauguration rally for Donald Trump in Washington DC where the US president-elect told supporters on the eve of being sworn into office he would end “American decline”.
“We are so back!” Mr McGregor posted on social media platform X, posing next to Reform UK leader Nigel Farage who joined the 20,000-strong crowd at the Capital One Arena on Sunday.
Speakers and performers at the event included musician Kid Rock, actor Jon Voight, and Dana White, the CEO of Ultimate Fighting Championship (UFC), while billionaire supporter Elon Musk joined the president-elect on stage.
Former UFC champion McGregor flew into Washington DC by private plane from Dublin Airport accompanied by his coach John Kavanagh on Saturday, saying he planned to attend various events surrounding the inauguration.
Sharing a photo on X after his arrival in the US capital, he said: “Just landed in Washington DC to witness @realDonaldTrump become Double Champ!”
Other photographs and videos on social media showed McGregor meeting visiting dignitaries along with Pete Hegseth, Mr Trump’s nominee to serve as US secretary of defense.
“Honour to be in Washington DC to support Donald Trump, the newly elected leader of the free world and to stand with the 13 families who lost their loved ones at Abbey Gate,” McGregor sated in another post.
The service members were killed in 2021 during the US withdrawal from Afghanistan.
Mr Trump used the Sunday rally to again celebrate his election victory, saying: “Tomorrow, at noon, the curtain closes on four long years of American decline, and we begin a brand-new day of American strength and prosperity, dignity and pride.
“We not only won a mandate, but we built a new American majority that will lead our country to success for generations to come,” he told supporters at arena, which is normally home to the NBA’s Washington Wizards and NHL’s Washington Capitals.
Monday’s inauguration ceremony has been moved indoors due to a severe cold weather snap expected in Washington which will result in a smaller number of attendees. – Additional reporting AP
Conor McGregor Joins Donald Trump Supporters at Victory Rally in US – The Irish Times
In a surprising turn of events, UFC star Conor McGregor made an appearance at a victory rally for President Donald Trump in the United States. The Irish Times reported that McGregor was seen standing alongside Trump supporters, cheering and waving flags in celebration of the President’s re-election.
McGregor, known for his brash personality and outspoken opinions, has never shied away from controversy. His appearance at the rally has sparked a mix of reactions from fans and critics alike. Some have praised him for showing support for the President, while others have criticized him for aligning himself with Trump and his supporters.
The rally, held in a packed arena, was filled with chants of “Four more years” and “USA” as Trump addressed the crowd. McGregor was seen smiling and clapping along with the audience, clearly enjoying the atmosphere.
It remains to be seen how McGregor’s support for Trump will impact his career and public image. But one thing is for sure – the UFC star has once again proven that he is not afraid to make controversial decisions and stand by them.
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Kid Rock said President-elect Donald Trump personally phoned him to inquire about whether the Secret Service banned the rock singer from having strippers on stage at a Trump rally set to take place Sunday in Washington D.C.
The “Bawitdaba” hitmaker told Fox & Friends Sunday that Trump got second-hand word of a joke he’d made and, not knowing whether it was serious, called to see if the federal law enforcement agency had indeed banned pole dancers from his victory rally at Capital One Arena.
“Friday morning I got a call from the President and [Trump’s spouse] Melania and it was kind of mind-blowing, I’ve tried to leave him alone, he’s got a lot on his plate, I would think, right now,” Kid Rock told the Fox News morning chat show. “He called and he goes, ‘Did the Secret Service really tell you that you can’t use strippers?‘”
Kid Rock, real name Robert Ritchie, said he let Trump know he wasn’t being serious: “No, sir, I was just joking around.”
“Ah, that’s funny,” Trump replied, according to his recall.
He told Fox & Friends that he will perform four songs at Sunday’s rally, including “something old, something new.”
Kid Rock also disclosed that Trump consulted him, impromptu, about whether to hold his Inauguration ceremony indoors.
The singer was somewhat flustered that the President-elect would ask the writer of tunes like “You Never Met A Motherf—er Quite Like Me” and “Redneck Paradise” for input on such an historic event.
The D.C. metro area is the subject of extreme cold forecasts Monday, which ultimately led Trump to move the ceremony indoors.
Kid Rock recalled Trump’s words on the phone: “‘Let me ask you a question-people could really have a bad experience, maybe some people could get hurt, our first responders—what do you think about me moving the inauguration indoors?‘”
“I’m like—uhhhhh,” he said, pointing at himself and miming confusion.
President Donald Trump reportedly phoned musician Kid Rock to discuss the upcoming inauguration rally and the possibility of having strippers perform at the event.
According to sources close to the conversation, Trump and Kid Rock discussed the logistics of the rally and how to make it a memorable event. The idea of having strippers perform was floated during the conversation, with both men reportedly expressing enthusiasm for the idea.
While it is unclear if strippers will actually be part of the inauguration rally, the conversation between Trump and Kid Rock has sparked speculation and controversy. Critics have condemned the idea as inappropriate and demeaning, while supporters have defended it as a way to add excitement and entertainment to the event.
As details about the inauguration rally continue to emerge, the conversation between Trump and Kid Rock about strippers is sure to remain a topic of discussion and debate. Stay tuned for updates on this developing story.
Thousands of protesters marched and rallied in D.C. Saturday ahead of President-elect Donald Trump’s second inauguration.
Speakers and marchers called for women’s rights, racial justice, LGBTQ rights and other causes.
Organizers had prepared for up to 50,000 participants, according to a permit filed with the National Park Service.
Today was the first of several busy days on downtown streets. D.C.’s Dr. Martin Luther King Jr. holiday Peace Walk & Parade also took place in Southeast.
Eight years after the Women’s March drew thousands of protesters to D.C. ahead of President Donald Trump’s first inauguration, the same planners brought crowds together again Saturday for the People’s March.
Several grassroots groups descended on the District for a march and rally amid cold weather.
Organizers say the march and rally are part of a long-term resistance strategy to proposed policies of the incoming Trump Administration.
Protesters Gather in Opposition of Trump at People’s March – NBC4 Washington
Hundreds of protesters took to the streets today to voice their opposition to President Trump and his administration at the People’s March in Washington, D.C. The event, organized by grassroots activists, drew a diverse crowd of individuals united in their concerns over issues ranging from immigration policies to healthcare access.
Chants of “No Trump, No KKK, No Fascist USA” echoed through the streets as demonstrators marched towards the White House, carrying signs with messages such as “Resist” and “Love Trumps Hate.” Many expressed their frustration with what they see as the president’s divisive rhetoric and policies that they believe harm marginalized communities.
Despite the sweltering heat, the energy and passion of the protesters remained high as they called for a more inclusive and equitable society. Speakers at the rally highlighted the importance of standing up against injustice and using their voices to advocate for change.
The People’s March served as a reminder that the fight for justice and equality is far from over, and that the power of the people can make a difference. As one protester put it, “We will not be silent in the face of injustice. We will continue to resist and fight for a better future for all.”
PHILADELPHIA (WPVI) — Hundreds gathered outside Philadelphia City Hall for the 2025 People’s March.
This march, rebranded from the Women’s March was focused on everyone coming together regardless of background, political leaning, or experience.
“I’m happy we did this because we were gonna plan to go down to the march in D.C,” said Cassidy Harkins who organized the rally. “It’s important for us to stick up for our own communities and be here in our city.”
In the crowd was 15-year-old Catalina Martinez.
“The reason I’m here is to show kids what’s going on and what we can do in the world. So they can learn any kid can do it,” said Catalina Martinez.
The crowd first met for a rally before everyone marched down the JFK Boulevard to the Philadelphia Museum of Art.
Heather Hamilton made the trip from Atco, New Jersey.
“I came out here because I want to protect democracy,” said Heather Hamilton. “It gives you a nice sense of peace when everyone is a little on edge.
Women’s Rights, international affairs, Trump’s Presidency was among the many topics showcased.
“There’s so many different voices that need to be heard. Part of the reason the Women’s March rebranded this as the People’s March because there’s so many people marginalized,” said Harkins. “It’s on us to step and start the conversations and keep them going.”
This march coincides with dozens of other sister marches planned throughout the country and even internationally.
Today, hundreds of people gathered in Philadelphia for the People’s March, a demonstration calling for social justice and systemic change. The crowd, diverse in age, race, and background, marched through the streets chanting slogans and holding signs with messages of unity and equality.
Speakers at the rally highlighted the importance of standing up against injustice and advocating for marginalized communities. They called for an end to police brutality, racial discrimination, and economic inequality, urging the crowd to continue fighting for a more just and equitable society.
The energy and passion of the demonstrators were palpable as they marched through the city, drawing attention to important issues and demanding action from elected officials. The People’s March served as a powerful reminder of the strength and resilience of the community, and a call to keep pushing for progress and change.
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Solana price has regained momentum and jumped for five consecutive days and reached its highest point since Dec.6.
Solana (SOL) rose to a high of $245 on Saturday, up by 42% from its lowest point this month, bringing its valuation to $117 billion. It has become the fifth-biggest cryptocurrency after Bitcoin, Ethereum, Ripple, and Tether.
Here are some top reasons why SOL spiked and why that rally will likely continue.
Solana’s ecosystem growth
Solana has jumped because of the ongoing ecosystem growth. Its meme coins have grown and accumulated over $22 billion in market cap. Official Trump (TRUMP), which President-elect Donald Trump unveiled on Jan. 17, has a valuation of $4.4 billion.
The other popular meme coins in the ecosystem are Bonk (BONK), Dogwifhat (WIF), and Pudgy Penguins (PENGU).
Solana is also a big player in the non-fungible tokenindustry. According to CryptoSlam, Solana’s NFTs had over $81 million in sales in the last 30 days, making it the third-biggest player after Ethereum and Bitcoin.
Solana’s ecosystem may continue growing because of its faster transaction speeds, lower costs, and the popularity of its Decentralized Exchange networks. Data shows that Solana’s DEX networks handled $32.2 billion in the last seven days, higher than Ethereum’s $9.2 billion.
This growth has led to higher network fees, which totaled $820 million in the last 365 days and $77 million this year. Some of these funds flow to Solana stakers; they’re receiving a 7% yield.
Solana price has also rallied as investors anticipate the potential ETF approval by the Securities and Exchange Commission. A Polymarket poll places those odds at 77%, meaning that the agency under Paul Atkins may be more open to approval.
A Solana ETF would likely lead to more demand for the coin from institutional investors. This demand would be higher if the agency was open to allowing these tokens to be staked. In a note this week, JPMorgan anticipated that a Solana ETF would attract between $3 billion and $6 billion in the first year.
The daily chart shows that the SOL token rebounded after forming a double-bottom pattern at $175.42. It has now moved above the pattern’s neckline at $222.95, its highest swing on Jan. 6.
Solana, founded in 2020 by engineer Anatoly Yakovenko, remains above the ascending trendline that connects the lowest swings since January 23 last year. It has remained above the 50-day moving average, while the Relative Strength Index has tilted upwards.
Therefore, the Solana price will likely continue rising, a move that will be confirmed if the token rises above the key resistance at $264.15, its highest point in 2024.
Solana up until now
Yakovenko envisioned a blockchain capable of scaling to millions of transactions per second, providing a solution to what critics said were Ethereum’s slow transaction speeds and high fees. The network is designed to support decentralized applications (dApps) and cryptocurrency transactions.
Solana touts faster transaction processing and a higher throughput than many of its competitors.
After its mainnet launch in 2020, Solana quickly gained attention for its speed and low-cost transactions, attracting developers and investors. Throughout 2021, the network grew with numerous decentralized finance (DeFi) projects and non-fungible tokens on its platform.
Solana, currently backed by big-name venture firms like Andreessen Horowitz, continues to enjoy rapid development via efficient blockchain solutions in the ever-growing crypto space.
Strong fundamentals: Solana has a robust and scalable blockchain that has attracted a lot of attention from developers and users alike. With its high throughput and low fees, Solana has the potential to become a major player in the decentralized finance (DeFi) space. This strong foundation is likely to attract more investors and drive up the price of SOL tokens.
Growing ecosystem: Solana’s ecosystem is rapidly expanding, with a growing number of projects and protocols being built on its blockchain. This increasing adoption and development activity is likely to drive up demand for SOL tokens, as more users and developers flock to the platform.
Positive market sentiment: The overall cryptocurrency market sentiment is currently bullish, with many altcoins experiencing significant price rallies. As a top performer in recent weeks, Solana has garnered a lot of attention and is seen as a promising investment opportunity by many traders and investors. This positive market sentiment is likely to fuel further price growth for SOL tokens in the near future.
From memecoin mania to the AI altcoin revolution, the Solana (SOL) ecosystem rapidly expands, outpacing Ethereum in on-chain activity and pushing the Solana price higher. Recent capital inflows from investors have significantly strengthened Solana’s market position, with analysts predicting new ATHs on the horizon.
Similarly, a new AI altcoin, PropiChain (PCHAIN), is gaining momentum due to its innovative integration of AI technology. Analysts forecast a staggering 88,978% surge in PCHAIN’s value, fueled by the rapid growth of the AI altcoin sector.
Furthermore, PropiChain’s unique position in the trillion-dollar real estate market is expected to catalyze additional demand.
Solana Price: On-Chain Strength and Ecosystem Expansion Spark Optimism
The Solana price trajectory continues to captivate analysts as robust on-chain activity and ecosystem development fuel bullish forecasts. With a recent market prediction targeting a Solana price breakout to $400 this month, the momentum is underscored by Solana’s dominance in DEXs trading, outpacing Ethereum and Base.
Powered by its innovative Proof of History algorithm, Solana’s appeal in the DeFi space remains unmatched, even as its price consolidates around the $190 support level.
Adding to the excitement is the explosive growth of the Solana meme coin sector, now exceeding a $22 billion market cap with tokens like Pudgy Penguins and Fartcoin leading the charge.
Long-term forecasts suggest the Solana price could soar to $750 or even $800 by 2025, driven by upcoming Solana ETFs and broader market adoption. Whether it’s the short-term Solana price of $400 breakout or record-breaking heights in 2025, SOL’s evolution signals its potential as a top-tier blockchain platform.
Why PropiChain (PCHAIN)’s Innovation Could Ignite the Next Altcoin Boom
PropiChain (PCHAIN) is a groundbreaking platform poised to redefine real estate investment by merging blockchain, AI, and the metaverse. Much like Solana disrupted the blockchain space with its innovative Proof of History mechanism, PropiChain aims to tackle the inefficiencies plaguing the $300 trillion real estate market.
At its core, PropiChain uses NFT to tokenize real estate, transforming physical assets into tradable digital tokens. This tokenization enables fractional ownership, allowing investors to acquire portions of high-value properties without the burdens of traditional real estate processes like hidden fees and capital constraints.
Enabling smooth trading of these NFTs on the blockchain, PropiChain democratizes real estate access, opening the doors for a broader audience to enter the market.
PropiChain uses AI to provide investors with market insights, automating property valuations and identifying lucrative opportunities. Unlike traditional real estate assessments, the platform’s AI-driven automated valuation models (AVMs) continuously update based on market trends, providing accurate pricing.
The platform also integrates AI tools for transaction automation. For instance, PCHAIN’s algorithms can execute property purchases when specific price points are reached, ensuring investors capture optimal deals without constant monitoring.
PropiChain takes real estate exploration to a new dimension by incorporating the metaverse. Investors can virtually tour properties in immersive 3D environments, transcending geographical barriers. This feature allows users to examine property details, layouts, and features from anywhere worldwide.
Beyond convenience, this integration fosters a global marketplace, connecting buyers and sellers across borders. It guarantees that investors can easily diversify their portfolios, tapping into previously inaccessible opportunities due to logistical and legal constraints.
All transactions on PCHAIN are secured via blockchain, with property records maintained on a decentralized ledger called the Title Contract. This technology guarantees transparency and reduces risks like fraud, corruption, and counterparty disputes, which have long plagued traditional real estate.
A Promising Future for PCHAIN Investors
PropiChain’s presale is currently underway, offering investors a unique opportunity to enter at an advantageous price point. Tokens are available at a discounted rate of $0.011 each during this phase. The price is set to surge in the next stage to $0.023 and further in the listing stage to $0.032, translating to over 670% in ROI.
With its listing on CoinMarketCap and regular smart contract audits conducted by BlockAudit, the PCHAIN asset ensures a high level of integrity and security for its investors.
Property Discounts: Access to exclusive discounts on tokenized real estate assets within the PropiChain ecosystem.
Governance Rights: Participation in decision-making processes that shape the platform’s future developments and policies.
Zero-Fee Transactions: Enjoying fee-free transactions within the platform improves investment efficiency.
Staking Rewards: Potential to earn up to 225% annual percentage yield (APY) on staked holdings, incentivizing long-term participation.
The anticipated growth of the AI altcoin sector, expected to surpass its current $48 billion market cap and reach $1 billion, is poised to drive a significant surge in the PCHAIN price. Additionally, the Solana price stands to gain momentum, given its ecosystem’s integration with the burgeoning AI altcoin space.
With the PropiChain (PCHAIN) presale nearing its close, now is the opportune moment to invest and position yourself for future price projections.
Capital Inflows into This AI Altcoin Hint at a Solana Price 88,978% Rally, Here’s When
As the cryptocurrency market continues to heat up, one altcoin in particular is catching the attention of investors and analysts alike: Solana. With its unique approach to scalability and high transaction speeds, Solana has quickly become a favorite among traders looking for the next big opportunity.
But what really has the market buzzing is the recent influx of capital into a promising AI altcoin that is built on the Solana blockchain. This altcoin, which leverages artificial intelligence to optimize trading strategies, has seen a significant increase in investment over the past few weeks.
Analysts are now predicting that this capital inflow could spark a staggering 88,978% rally in Solana’s price, as the demand for this AI altcoin drives up the value of the underlying blockchain. If these predictions hold true, investors could see massive returns on their investment in a relatively short amount of time.
So, when can we expect to see this rally take place? While it’s difficult to predict the exact timing of market movements, many experts believe that the momentum behind this AI altcoin will continue to grow in the coming months. As more investors flock to the Solana blockchain in search of high-yield opportunities, the price of Solana could skyrocket to new heights.
In conclusion, the influx of capital into this AI altcoin is a clear sign that Solana’s price is poised for a massive rally. If you’re looking to capitalize on this trend, now may be the perfect time to invest in Solana and ride the wave of this exciting opportunity.
Meme coins Shiba Inu and PEPE have seen double-digit gains in the past 24 hours.
SHIB could rally to $0.0000299 if it validates a rounded bottom move.
PEPE could rally to tackle its all-time high of $0.0000280 after overcoming a key trendline resistance.
Top meme coins Shiba Inu (SHIB) and PEPE rallied above 10% on Friday as the crypto market looked strong heading into the weekend. A massive surge in open interest in both tokens indicates rising investors’s optimism.
PEPE and SHIB mark gains following open interest surge
Meme coins SHIB and PEPE are among the top gainers in the crypto market on Friday, each rallying above 10% in the past 24 hours.
SHIB sustained a 10% gain in the past week, with its trading volume hitting $1 billion for the first time since December 22. The surge in trading volume indicates rising investor activity on centralized exchanges.
Coinglass data reveals that SHIB saw a surge in exchange net inflows, which increased to nearly $20 million in the past 24 hours. The rise in inflows suggests investors may be looking to book profits with the recent market recovery.
SHIB Exchange Netflows. Source: Coinglass
However, SHIB’s open interest remains at elevated levels, rising from 3 trillion SHIB on January 1 to over 22 trillion SHIB at press time — a more than 600% increase. This indicates heightened optimism and potential for increased volatility.
On the daily chart, SHIB is attempting to validate a rounded bottom pattern but faces resistance at the $0.0000249 level. This resistance is strengthened by the 50-day Simple Moving Average (SMA).
A high volume move above $0.0000249 and establishing it as a support level could see SHIB rally to $0.0000299 — just below the $0.0000300 psychological level. The target is obtained by measuring the pattern’s height and projecting it upward from the potential breakout point.
SHIB/USDT daily chart
A daily candlestick below $0.0000200 will invalidate the thesis.
PEPE could tackle its all-time high resistance at $0.0000280
PEPE has seen increased buying activity as it recorded net outflows of over $40 million across top exchanges in the past seven days.
Its open interest also saw an uptick during the week, reaching a one-year high of 28.99 trillion PEPE on Tuesday.
Following the rising OI, PEPE broke above a descending trendline resistance extending from December 9 and is looking to overcome the 50-day Simple Moving Average (SMA) hurdle.
If it holds this trendline as a support level and surge above the SMA hurdle, it could clear the resistance at $0.0000218 and rally toward its all-time high of $0.0000280.
PEPE/USDT daily chart
A daily candlestick close below $0.0000166 will invalidate the thesis and send PEPE toward the $0.0000120 level.
Meanwhile, several other meme coins have rallied in the past 24 hours, including DOGE, BONK and FLOKI, rising nearly 10%.
The meme coin craze continues as Shiba Inu and PEPE rally alongside the broader cryptocurrency market. Both coins have seen significant gains in recent days, with Shiba Inu up over 20% and PEPE up over 30%.
Shiba Inu, often referred to as the “Dogecoin killer,” has been gaining popularity among retail investors due to its low price and meme status. The coin has seen a surge in interest on social media platforms like Reddit and Twitter, driving up its price and market cap.
PEPE, on the other hand, is a newer meme coin that has been gaining traction in the crypto community. The coin is based on the popular Pepe the Frog meme and has been embraced by meme enthusiasts looking for the next big thing in the meme coin space.
Both Shiba Inu and PEPE are benefiting from the overall bullish momentum in the crypto market, with Bitcoin and Ethereum hitting new all-time highs. As more investors flock to the crypto space, meme coins like Shiba Inu and PEPE are likely to continue to see gains in the coming days and weeks.
It’s important to note that meme coins can be highly volatile and speculative investments, so investors should exercise caution and do their own research before diving into these coins. However, for those looking to ride the meme coin wave, Shiba Inu and PEPE are certainly two coins to keep an eye on as they continue to rally in the bullish crypto market.