Why is Bitcoin Falling? Can Solaxy Coin Reverse Trump's Coup? - Coin Bulletin

After US President Donald Trump announced import tariffs, there was a sharp drop in the cryptocurrency market.

After panic selling, the leading crypto Bitcoin fell to $91,000 on the first day of the week, but showed a recovery after the news of the postponement of customs duties.

Why Did Bitcoin Drop?

The crypto market started the week with a decline. The stress of the customs duties that started last week also hit the cryptocurrencies along with the global economies. After Trump announced new customs tariffs on imports from China, Canada, and Mexico, Bitcoin fell by over 3% in the last 24 hours, according to CoinMarketCap data.

Bitcoin, which dropped to as low as $91,000, is currently trading at $95,000 with a slight recovery at the time of writing this article. Investors are turning to decisions such as purchasing Solaxy tokens to make short-term gains in an environment dominated by FUD.

The leading altcoin Ethereum's decline is exceeding 15% during the same time period. XRP is experiencing a 13% loss, and Solana is experiencing a 6% loss. According to experts, the possibility of increasing inflation in the US due to new tariffs and the likelihood of the Fed keeping interest rates high for a longer period of time is causing concern among investors. Analysts indicate that market volatility may continue for a while longer.

Solaxy Challenges Trump's Trade Blow

Following President Trump's decision on serious import tariffs, crypto investors are turning to projects that have the potential to bring short-term gains, while suffering a blow. Solaxy, focused on addressing the congestion and scalability issues on the Solana network, which is the president's choice for TRUMP coin, is catching the attention of investors.

Preferred Solana for the TRUMP and MELANIA coins launched just before the presidential oath, especially since 2024, has been the choice of meme coin developers. However, as seen in the TRUMP coin incident, network congestion and unsuccessful transactions during peak demand times lead to criticisms from the Solana community. Solaxy aims to solve these issues on the blockchain as the first Layer-2 solution on the Solana network. The project, rolling up its sleeves to achieve a first, has also caught the attention of Best Wallet, one of the most preferred cryptocurrency wallet applications among investors lately.

Best Wallet, which provides information about the pre-sales of coins that pump like SLAP and PEPU, which generate over 8000% profit with the 'Future Tokens' module that includes promising coins, and provides predictions to investors, is boosting the pre-sale of Solaxy token in the same module.

Solaxy aims to bring a fresh breath to the cryptocurrency market, especially the Solana network, which has been hit hard after President Trump's customs tariff decision.

Solaxy Token Pre-Sale Exceeded 17 Million Dollars

As all cryptocurrencies, including Bitcoin, experience low prices in recent days, the funds raised in the presale event offering the opportunity to purchase Solaxy tokens are exceeding $17 million. Solaxy, which challenges the market, is moving steadily towards stock exchange listings.

The presale, which has raised over $17.6 million to date, offers an investment opportunity at the lowest price before listings. Due to the gradual price increase strategy, investors are quick to act for the lowest prices. Indeed, the earlier an investor gets involved in the project, the higher the potential gain at the time of exchange listings.

At the current stage, SOLX tokens find buyers at $0.001624. According to the project page, there is less than 24 hours left until the price increase. The earnings of token holders are not limited to a possible rally after listings alone. It is possible to stake SOLX tokens before the presale ends and earn passive income. According to the staking panel, the number of locked tokens has exceeded 5 billion, and the project's APY is positioned at 229%.

The reward per ETH block is determined as 4377.4 SOLX tokens, and the rewards are planned to be distributed over three years. The staking mechanism is receiving significant attention from the community as it not only allows for passive income but also prevents quick sell-offs in case of a potential rally after listings.

Can Solaxy Token Make 100x?

It is not possible to know clearly whether a cryptocurrency will make 100x, but the project's roadmap, features, functionality, community importance, presale performance, and general market sentiment play a decisive role.

The most important feature of the Solaxy token is that it is developed as the first Layer-2 solution on the Solana blockchain. The project, which will achieve a first, draws the attention of all players in the Solana ecosystem.

The activation of the staking feature supported by high APY before the pre-sale ends becomes another factor in the project's popularity. This way, while the token supply is kept under control, participants can earn extra income.

The inclusion of Solaxy token in crypto wallets such as Best Wallet, which has over 250,000 monthly users, helps position it among promising projects for the future. Taking all these parameters into consideration, Solaxy appears to be a good alternative for current crypto market participants.

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