The Solaxy (SOLX) price surged 37% in the past 24 hours, reaching $0.0009529** amid a 173% spike in trading volume to **$8.05 million. This rally follows SOLX's official listing on MEXC Global, one of the leading cryptocurrency exchanges, announced on July 1, 2025.
Why Is SOLX Price Rising?
- Exchange Listing Momentum: MEXC's SOLX trading went live on July 2, 2025, at 8:00 a.m. UTC, triggering anticipatory buying.
- Solana-Based Appeal: As a Solana ecosystem token, SOLX benefits from low fees and high-speed transactions, attracting traders.
- Profit-Taking Volatility: Early presale investors initially drove the price down to $0.00063** post-launch (June 23), but renewed interest from the MEXC listing pushed it to **$0.00138 before stabilizing.
SOLX Technical Analysis
- Bollinger Bands: Expanded during the surge, indicating high volatility.
- RSI: Peaked at 90 (overbought) before correcting to 50, now hovering near 36.83 (approaching oversold).
- Support Levels: Key support at $0.00054** (July 1 low); resistance at **$0.00138 (recent peak).
Is SOLX a Good Investment?
While SOLX shows short-term potential, consider these factors:
Pros:
- Strong exchange backing (MEXC).
- Solana’s scalability advantages.
Cons:
- High sell pressure from presale investors.
- Meme coin-like volatility.
Top Alternative: TOKEN6900 (T6900)
With SOLX’s price fluctuating, investors are turning to TOKEN6900, a new meme-utility hybrid token in presale:
- Presale Progress: Raised $100k+** in days; hard cap set at **$5 million.
- Price Growth: Starts at $0.006400**, rising to **$0.007125 by final stage.
- Unique Angle: Positions itself as a "consciousness parasite" leveraging meme culture.
FAQ Section
Q: When did SOLX launch?
A: SOLX ended its presale and went live on June 23, 2025.
Q: What’s the best exchange to buy SOLX?
A: MEXC Global is the primary exchange currently listing SOLX.
Q: Is TOKEN6900 a safe investment?
A: While high-risk, its rapid presale growth and meme appeal mirror past successful launches like SPX6900.
Q: How high can SOLX go?
A: Short-term targets depend on exchange momentum; $0.0015 is the next resistance.
Final Thoughts
SOLX’s MEXC listing has injected volatility, but long-term viability hinges on sustained demand. Meanwhile, TOKEN6900 offers an alternative with its viral presale momentum. Diversify wisely and monitor both projects’ developments.
Disclaimer: Cryptocurrency investments carry high risk. Conduct independent research before investing.
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