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The only reason why everyone is bullish about SOL is because of the airdrops and the success of meme coins in its ecosystem. There is nothing else that created such hype about it and network congestion has been an ongoing issue with Solana. If this news had been bullish then the SOL price would not have gone down as it should have continued in the same manner as it was before the 8th of April.
That is incorrect, Solana is still in Beta, the Memecoin trend is just an example of what can be accomplished with a ecosystem which thrives by offering low fee's, lower fee's then ETH. Everything created in ETH can be created in Solana, Solana has many use cases that can be provided outside of just Memecoins itself. Many different environments would benefit from the ecosystem that Solana has to offer vs ETH one of those being gaming interacting with the blockchain which would benefit from the speed and low cost transactions. Solana can offer what ETH has to offer and more and I will be building on Solana. Okay. This was the first time I was about to use the Solana service to move out my coins from it because someone recommended to me and the congestion the network made to abandoned the service. Well I have not used the service or the network before so I don't know that this is the first time the network is congested but being a new projects or up coming project they would have prevented it from the congestion because once a network is congested it loses customers.
Yes I have been hearing that the developers want to remove the ordinals from the network so that it will be free from the congestion.
That is incorrect, Solana is in Beta. All projects have suffered from congestion I remember when BTC suffered from congestion over 10 years ago as well as ETH in their early stages pre ETH 2.0 and it was a whole sh!t show with everyone and people trying to move away from ETH and then forks here and there etc etc. Solana is handling this a lot better then ETH did a whole lot this is nothing compared to what has happened prior and I give props to the Solana team for this. Anyone knowing this information of the congestion on ETH and BTC having been around in those time and wants to talk down on Solana for congestion is just creating FUD, don't fall for it seaze the opportunity and buy in. Also when it comes to price dropping, Wormhole had a play in it as well with everyone selling their airdrops it contributes to the price dropping this is just a opportunity for people to up on their holdings before the price goes up again. |
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snip~~
How can this news be bullish for Solana, it is a vulnerability that caused the congestion and to repair it the development team has added a patch. How much the update will help the blockchain will only be known to us when the network faces the same issue again. snip~~
The congestion happened on the 8th of April and many factors play a pivotal role when a network gets congested. But, speculation is that the sudden surge of meme coins on the Solana blockchain has caused this issue, more information on the congestion . How can it not be bullish? Where you around during the times when ETH faced the same issues? Those who have seen this pattern before know it's nothing to worry about we are newbies here, only newbies would think this is not bullish for Solana, when ETH was faced with this issue they took a lot longer to tackle the issue while Solona has a incoming patch and plans for a long-term solution in just a couple of days. Once congestion is resolved price is to rise again, again my beliefs from what has happened prior for those who have been in the market since it's near conception will know. |
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The v1.18 update of the Testnet introduces "The Central Scheduler," a strategic enhancement aimed at mitigating blockchain congestion issues. While this feature will be disabled by default initially, it introduces a dedicated thread responsible for sorting and allocating transactions more efficiently across the network. This mechanism is designed to enhance execution rates and minimize the occurrence of dropped transactions, addressing the core challenges of network congestion. Through this scheduler, v1.18 Solana introduces the promises to improve overall network performance by ensuring transactions are processed more smoothly and effectively. https://github.com/solana-labs/solana/releases/tag/v1.18.8 |
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The recent launch of Wormhole on April 3, 2024, and its integration with Solana has led to a temporary dip in Solana's market price, primarily due to a mass sell-off of airdropped W tokens. Wormhole, a cross-chain onboarding tool, aims to enhance interoperability between Solana and other blockchains, marking a significant step towards a more interconnected crypto ecosystem. While the initial reaction saw a decline in Solana's value, this movement is seen within the context of typical market responses to airdrops and new token introductions, which historically precede recovery and growth as the new features' benefits become apparent.
This situation presents a strategic opportunity for investors to buy into a fundamentally strong asset at a lower price. Historically, dips caused by similar events have often offered moments for savvy investors to enter or increase their positions in projects with solid fundamentals and strong community support. By approaching the dip with strategies such as dollar-cost averaging and setting buy limit orders, investors can potentially mitigate risk and capitalize on the long-term growth prospects of Solana, especially as it expands its capabilities and ecosystem through Wormhole's interoperability features.
What are your thoughts?
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It is simple, all memecoins are altcoins yes, but not all altcoins are memecoins. memecoins are those altcoins that have no real value while those that have value are referred to their main category of altcoins, those that have no value are memecoins a subclassification of altcoins.
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I read your blah blah! If you have done it with a named DEX then come up with proof and then we will discuss whether shitcoin sniffing works or not. Do not come up with a concept that you have read and post it here unless you have proof. I have never done it as it is practically impossible on any DEX that is known to be slow and will never try it once as I do not want to sniff shit.  Umm this thread is not created to state that Meme Sniping is a guaranteed concept for everyone to make a profit off of just like in anything else there are winners and losers, it is a trend that is going on ATM and in my belief I do believe this is here to stay long term this trend due to the way blockchains like Solana are allowing for such quick transactions. This thread is purely to create a discussion around the trend as I do not see it talked about on here while it is being talked about outside of Bitcointalk, again your reply to me really makes no sense in a way because since the beginning because you still believe I am trying to shill something when I am trying to create a discussion for the Bitcointalk community to partake in... Thank you for providing your opinion on the topic.  Alright. I checked out your TG, still small but looks good. I have a suggestion for the newly listed coins channel, you want to include a link to dexscreener for the token rather than have your users trying to find where the token CA which will inevitably lead to a scam. I know it's still a work in progress but a feature like that is a must-have.
I miss the good old days where all the alphas originated from Bitcointalk (ICOs, sales, etc) through Announcement threads. Now, it's all about closed chats, insider communities, etc. Even worse, you only get the alpha when it is already diluted beyond belief.
Thank you for the input on my TG channel they have been taken into account, but I do not want to revolve this post around my TG as well at the moment I do want to provide a go to place for those interested or just now gaining knowledge of this trend to be able to read inputs on others who have been aware of this, or even get input on anything with awareness on this trend in general. I appreciate your response Swiftly grabbing meme coins/tokens that is published so you can sell later on seems like not a great idea. I am not saying it is not, I am just saying it doesn't feel like that. In the end, we could just see how it could be done and we could see that people are doing it, so some must be profiting if it is famous, I assume not a lot, but at least a few people are making profit from this. Can we do the same as they did? Not entirely sure, we would probably make a loss if we try it, but at least it is something that will get bigger with time.
I think the best thing to do in this case would be just letting it be, and then we could grow bigger with something much better, and not something like a meme coin which is not a good investment.
When it comes to trading meme coins, one method is to grab newly listed tokens to then try to make a profit off of this is not guaranteed to make a profit in the long term but it is a method utilized, of course there are many other factors to be taken into account to make a profit in which others are utilizing just like any other form of trading but I do believe that there will always be a market for Meme Coins and even more now with DEX on top of blockchains like Solana allowing for the ease of trading them. I am a full supporter of coins that provide real value but at the end everything is community driven and we can't deny that there is a market for meme coins and the vast numbers of new meme coins being deployed by the hour supports this. Just like gambling, meme coin is the most pure form of gambling when it comes to trading, but regardless of what you are trading there are always people who are making profits and those who who are not. Thank you for your input |
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This isn't a shill post as Raydium is a pretty well-known protocol in the Solana(and crypto) space. It's like the SushiSwap of Solana. And I doubt anyone would try to shill a $480 million marketcap protocol on Bitcointalk lol it would be useless.
Thank you... how am I going to shill Raydium plus I have mixed feelings with the Raydium team rn as they banned me from discord also due to sharing a project with no form of income ATM which speculates on their project  .... if someone from the Raydium team sees this I expect to be unbanned my Discord tag is UnruffledST I want to know which one recommended side to know with new meme coins Solana network launching to public, some meme coins have been late for investing because market cap raise drastically and price have pump, maybe OP can share his telegram channel discussing with meme Solana network coins.
— I don't think MEV is a major risk in solana. Right now, I just use this TG bot that everyone uses to manage my trades. LMK any other tools I should be aware of.
Due to requests I will be sharing my Telegram links https://t.me/MemeInSightAlerts - Telegram Supergroup utilized to provide Alerts and Announcements https://t.me/MemeInSight - General Chat revolved around members who are involved in the Meme Sniping scenes. Again the first Telegram link is only providing Alerts of newly listed tokens on Raydium, ATM new features are being worked on to be added. You can join at the time if you want to so that you are notified of when these new features are available such as your concerns we will be providing the top trending coins and insight of new coins which may have value. Note: The Bot is currently under maintenance ATM and will resume activity within the next couple of hours. |
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Meme Trading has not become popular and achieves many profits, just as it was in the past. There is no opportunity to seize it or search for it, but rather some meme coins are pumped randomly every once in a while, and if you are lucky, you will achieve profits, and if you invest in all meme coins, you may achieve losses, as there is no guarantee that they will rise. One of those meme coins so there's not a lot of discussion about it.
If the price of Dogecoin returns to moving quickly, I think Raydium could have some positive movement.
I would say it is indeed gaining popularity again and more so on faster moving networks, I see a large amount of people trading a vast variety of coins per my speculations there are about 2,880 tokens being listed on Raydium itself per day, that is huge.. huge it is.. most coins last 30 minutes being worthy of trading out of 2,880 I can estimate that about 100 at least are successfully being pumped and dumped... that is 100 opportunities to make 5x-20x gains being realistic within minutes I do also understand that the norm right now is utilizing bots to place a small amount of funds into each newly listed coins so about 70% of these coins are providing gains within the first 5 minutes before being dumped and from there is the small selection of the 100 coins that continue to be pumped for a longer amount of time depending on market movement. |
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- Is this trend short-term speculation, or do you see long-term potential?
always place memecoins for the short term. although we don't know the potential of a particular memecoin in the future. but we have to minimize the risk when we want to invest in memecoin. never put more of your money in memecoin. especially when you see something has fallen and you still hope it will come back in the future. not all memecoins will survive in the long term, and not all will have the same fate as dogecoin. Thank you for the response I appreciate the insight while I do understand your speculation and while it is true memecoins in and of itself pertaining to a particular coin is more for short term investments the question is directed to the new trend of meme sniping and what is happening right now in this environment with thousands of memecoins being created daily for trading ATM offering multiple and multiple of coins to trade daily for short term profits. |
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Raydium and Solana:- Raydium is a decentralized exchange (DEX) built on the Solana blockchain. Solana’s low fees and fast transactions create an ideal environment for meme trading.
I knew it is a shilling post and I know such posts are not worthy enough in times when AI content creation is the primary tool used by marketers like you. You would come up with an excuse if you respond but do not forget that low-level marketing strategies are not working in 2024. Lol what has Bitcointalk become these days. Dude if you have nothing to contribute what are you over here rambling about with remarks and speculations based on 0 IQ reasonings. What project would I be shilling? This is a trading discussion thread I am providing a overview of what Meme Sniping is for those who do not know and provide a overview as well on the most popular platform being utilized for this at the moment as well.... what is this your reply is so cringe.... I guess in a trading discussion thread we can't mention other coins as well without it being a shilling post.... this post is a serious discussion thread based on a current trend that is not being talked about on Bitcointalk and if you do not wish to participate in such discussion by providing insight on this trend then please don't waste time responding. There are many different DEX to my knowledge that can be utilized for this and as per research the reason this trend is happening is due to low fees and fast transactions that blockchains like Solana can provide compared to Ethereum... Jesus please take the wheel... |
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One new trend that I see that is gaining traction is Meme Sniping on Raydium... more specifically the Solana Network. I find it weird that there is no such discussions on this trend happening on Bitcointalk and wanted to obtain thoughts from other users on this. What is Meme Sniping?
- Meme Sniping involves swiftly grabbing newly listed meme tokens as soon as they hit the market. It’s like catching a wave in the crypto ocean – but with profits!
- Unlike traditional cryptocurrencies, meme coins often lack established utilities and roadmaps. They thrive on community-driven speculation, making them both exhilarating and risky.
Raydium and Solana:- Raydium is a decentralized exchange (DEX) built on the Solana blockchain. Solana’s low fees and fast transactions create an ideal environment for meme trading.
Impact on Meme Trading:- Liquidity Surge: Solana’s liquidity surge has fueled meme coin trading.
- Risk vs. Reward: Meme sniping can lead to exhilarating gains or potential losses. It’s a game of rug, loss, or victory.
Your Thoughts?- Have you participated in meme sniping on Raydium or Solana?
- How do you manage risk while sniping meme tokens?
- Is this trend short-term speculation, or do you see long-term potential?
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But my post was not a scam attempt... I just created a simple tool which provides notifications off all newly listed coins on Raydium? It is a simple tool but its something I created and which is in the works on to add more features but I wanted to share in case anyone wanted to show support or found it of interest...
Honestly don't understand how it is considered a scam attempt or shilling if one I have no relations to any such coins as this bot is grabbing all coins listed and two I make no money by doing this ATM.
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As a seasoned developer with a passion for blockchain technology, I’m excited to announce my services. Whether you’re a startup, an established business, or an individual, I can create tailored solutions to meet your needs. Here’s what I offer: Custom Telegram Bots:Need a chatbot to engage with your audience, automate tasks, or provide real-time information? I’ve got you covered. Pricing: Varies based on complexity. Let’s discuss your requirements! Smart Contracts:Smart contracts are the backbone of decentralized applications (DApps). I can develop, audit, and deploy smart contracts on various blockchains (Ethereum, Binance Smart Chain, Solana, etc.). Pricing: Depends on contract complexity and features. Custom Blockchain Prototypes (Python):Want to explore a unique blockchain idea? I can create Python-based prototypes to demonstrate your vision. Pricing: Let’s chat about your concept, and we’ll determine a fair price. Payment and Delivery:Payment Structure: I offer flexible payment options: 50/50: 50% upfront, 50% after completion ( Available for Smaller Projects ) 20/50/30: 20% upfront, 50% after a major milestone, and the remaining 30% upon final delivery. ( Available for Larger Projects ) Timeframes: Delivery times vary based on project complexity. Let’s discuss your timeline. Why Choose Me?Experience: I’ve worked on diverse blockchain projects, from DeFi platforms to NFT marketplaces. Quality Assurance: Rigorous testing ensures bug-free solutions. Collaboration: I value open communication and client feedback. Let’s turn your blockchain dreams into reality! Feel free to reach out via PM or reply to this thread. Looking forward to working with you! You can preview one of my Telegram Bots at https://t.me/MemeInSightAlerts which interacts with Raydium and the Solana Network. Discord & Telegram Username: UnruffledST |
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So I created a post which mentioned a bot handled by this user in Telegram which allows for users to stay up to date on newly listed Raydium tokens and it was deleted? I do not see the reason why but is bitcointalk becoming censored now? Is this post going to be deleted as well?
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