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Whales have been quietly accumulating $HUMP since its launch just days ago, suggesting they see similar potential to earlier SOL memecoin successes like $WIF and $BONK. This suggests $HUMP could experience another significant price surge soon.
Solana Remarkable Comeback
Battered by the FTX incident in 2022, Solana has staged a remarkable resurgence since early 2024. Its market capitalization has exploded by a staggering 10x, reaching a robust $80 billion. Daily transactions have mirrored this growth, skyrocketing to surpass the $4 billion mark. This surge in activity propels Solana back into the top 6 of the cryptocurrency market, showcasing its resilience and potential. Analysts attribute this comeback to a confluence of factors, including increased adoption of memecoin and DeFi applications built on Solana, the successful launch of several new projects on the network, and growing investor confidence in Solana’s ability to overcome past challenges.
Massive Memecoin Surg
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