Coins within the Solana ecosystem are seeing notable growth, with newcomers like LUCE, GRASS, and ZEREBRO drawing attention.
LUCE and ZEREBRO show potential as rising stars, while GRASS has solidified its position with a substantial user base and strong market presence.
Official Mascot of the Holy Year (LUCE)
Launched only four days ago, LUCE has quickly become a strong contender among the meme coins in the Solana ecosystem. Initially introduced on Pumpfun, it soon graduated to Raydium, where it has been attracting over 30,000 transactions daily.
LUCE’s market cap has already surged past $40 million, and with continued attention, it could soon hit the $50 million mark as a natural next step. It currently has more than 22,000 holders.
Read more: How to Buy Solana Meme Coins: A Step-By-Step Guide
Additionally, its Relative Strength Indicator (RSI) currently sits at 33, signaling that the coin is nearing oversold territory. This low RSI suggests that LUCE may be positioned for a rebound, as an oversold level often precedes a price recovery in actively traded assets.
Grass (GRASS)
GRASS recently completed a highly anticipated token airdrop and quickly surpassed a $290 million market cap. The platform aims to reward users for their “unused internet” by applying artificial intelligence, drawing significant attention and a fast-growing user base.
With over 253,000 holders, GRASS has already established a substantial presence. On October 31, its price broke the $1 mark, signaling strong demand.
Read more: How To Invest in Artificial Intelligence (AI) Cryptocurrencies?
Currently, GRASS’s RSI is 62.28, which, while high, remains below the overbought threshold. This RSI level suggests that GRASS may still have room for further growth before a potential correction.
Despite a nearly 12% rise in the last 24 hours, the token’s momentum could continue upward before reaching an overbought condition, appealing to traders looking to capitalize on its growth potential.
zerebro (ZEREBRO)
ZEREBRO, a new meme coin on Solana, launched just four days ago and has already reached a market cap of $16.5 million. With over 3,000 holders, the token has experienced rapid growth, surging by about 100% in the last 24 hours.
Its popularity is evident, drawing over 24,000 transactions daily as interest in the coin builds.
Read more: 11 Top Solana Meme Coins to Watch in November 2024
ZEREBRO’s RSI is currently at 59.64, which is below the 70 threshold that would indicate an overbought condition. This RSI level suggests that ZEREBRO may have more room to grow before facing a potential correction.
Given this momentum, ZEREBRO could continue its upward trajectory and test resistance levels around $0.018 or higher.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
