Popular crypto analyst Bluntz has ignited excitement in the Solana ecosystem with a bold prediction for SPX6900 ($SPX) and other leading meme coins. With over 319,000 followers tracking his analysis, Bluntz’s Elliott Wave Theory-based forecast suggests an imminent price explosion that could see $SPX double to $2.20.
Elliott Wave Analysis Points to Major Solana Meme Coin Rally
According to Bluntz’s technical analysis, $SPX is currently completing its second wave pattern, with the powerful third wave poised to drive significant price appreciation. The analyst’s track record in identifying these patterns has earned him a strong following in the crypto community.
“When the real altcoin bid returns, memes are always the strongest,” noted Bluntz in a recent X post, highlighting the potential for outsized gains in the meme coin sector.
Top 3 Solana Meme Coins Positioned for Massive Gains
As institutional interest in Solana continues to grow, these three meme coins stand out for their potential returns:
1. SPX6900 ($SPX)
Currently trading at $1.18, SPX6900 has already delivered 135% gains in 30 days. Technical analysis suggests a clear path to its previous all-time high of $1.80, with potential for further expansion to $2.20.
2. Solaxy ($SOLX)
This innovative project aims to solve Solana’s scalability challenges by implementing the network’s first Layer 2 solution. With $44.3M raised in presale and trading at $0.001746, analysts project potential gains of 11,400% by 2026.
3. Snorter Token ($SNORT)
A Telegram-based trading bot offering advanced features like copy trading and meme coin sniping, Snorter has raised $420K in presale. Currently priced at $0.0943, its utility-focused approach could drive significant adoption.
Market Analysis and Risk Factors
While the technical indicators and market sentiment suggest strong upside potential, investors should consider several risk factors:
- Market volatility and potential corrections
- Regulatory uncertainties
- Project-specific execution risks
- Overall crypto market correlation
Frequently Asked Questions
What is driving the Solana meme coin surge?
The combination of Solana’s low fees, fast transactions, and growing institutional adoption has created perfect conditions for meme coin growth.
How high can these tokens really go?
While 1,000x gains are possible, they’re not guaranteed. Always conduct thorough research and invest responsibly.
What makes these projects different from other meme coins?
Each project offers unique utility beyond mere speculation, from Layer 2 solutions to advanced trading tools.
Disclaimer: This article does not constitute financial advice. Always conduct your own research and never invest more than you can afford to lose.
