Merchants eye the subsequent Solana meme coin: Tequila (JULIO)

• Solana meme cash have achieved effectively and gained market share this 12 months.

• Builders have turned to Solana due to its quicker speeds and low prices.

• Tequila (JULIO) hopes to develop into the subsequent large factor within the meme coin trade.

Solana meme cash have achieved effectively this 12 months as they grew to become the largest rivals to Ethereum ones like Pepe and Shiba Inu. Dogwifhat (WIF) has develop into the fourth-biggest meme coin on this planet whereas Bonk and E book of Meme have continued to realize market share. 

Extra Solana meme cash are being launched to benefit from this pattern. One of the crucial anticipated ones is named Tequila (JULIO), whose honest launch will occur on July tenth. 

Why Solana meme cash have achieved effectively

Solana meme cash have develop into the best-performing property within the crypto trade this 12 months. That occurred as Solana grew to become the perfect various to Ethereum’s ecosystem. 

There are three primary causes for this. First, Solana is thought for its faster transaction speeds in comparison with Ethereum and BNB Chain. Solana can deal with over 2,000 transactions per second (TPS) whereas Ethereum handles lower than 50. 

Second, Solana is thought for its scalability sincer it’s designed to scale with Moore’s Regulation, which means that it does effectively because the computing trade improves. 

Third, Solana has considerably decrease prices than Ethereum and different standard layer-1 networks. It handles many transactions for simply cents. instance of that is in its complete charges this 12 months. Whereas Ethereum has collected over $1.4 billion in charges this 12 months, Solana has made lower than $300 million.

Additional, there’s plenty of hype surrounding the success of Solana dApps this 12 months. For instance, decentralized exchanges (DEX) like Raydium, Jupiter, and Orca have always moved into the highest ten of the largest DEX networks within the trade. Additionally, Solana meme cash have made extra headlines this 12 months.

Tequila hopes to be a key Solana meme coin

The previous few weeks have seen a number of drink-related tokens on Solana’s ecosystem. Beercoin and Water didn’t do effectively as insiders dumped the tokens shortly after launch, resulting in considerably losses. 

Tequila, which is a well-liked drink that originated from Mexico, hopes that it’s going to develop into the largest drink-themed token on Solana’s ecosystem. That is notable due to the function that tequila performs within the drinks trade. In 2023, Mexico shipped over 400 million liters and remodeled $32 billion in income.

Tequila won’t have a typical token sale. As a substitute, it would have a good launch on July tenth. A good launch is the place all tokens are issued immediately. After that, the builders hope to launch its advertising push and listings on key platforms like CoinMarketCap and CoinGecko.

This course of shall be adopted by the listings on key centralized exchanges and the launch of tequila-themed events. Sooner or later, the builders will work to launch the utility options of the JULIO token, together with its layer 3 networks. You may find out about Tequila (JULIO) right here.