Solana officially broke the $100 psychological barrier, trading as high as $97. That is a problem. The breakdown of this key support level is not just a technical problem, it represents the elimination of overpowered long positions that simply fail to protect the triple digit area.
The technical indicators are bright warnings that we haven’t seen since post-FTX was written. The Relative Strength Index (RSI) on the weekly chart failed to reset, suggesting that sellers are not done yet. If the $97 floor paves the way?
Analysis of the volume profile points to a negative liquidity gap down to the $78 range. That’s important for one reason: institutional flows, which boosted SOL throughout Q1, are slowing. The real danger is that retail traders, tired of the chop, may get involved just as the smart money starts hunting for high-beta assets.
While the ‘Ethereum Killer’ is bleeding, big money doesn’t completely exit the ecosystem, it circulates. Savvy traders know the drill: when Layer 1 fundamentals stumble, capital flows downward to speculative assets that promise the volatility the market craves.
As Solana struggles to find his place, a new heavyweight in Ethereum is pulling that coin: Maxi Doge ($MAXI).
Buy $MAXI here.
Maxi Doge Flexes Power With $4.4M Raising
While the broader market is pulling back, Maxi Doge ($MAXI) is capitalizing on demand for high-end culture. Calling itself ‘Leverage King,’ the project goes beyond the standard meme tokenomics by integrating a community-driven trading ecosystem.
In fact, the numbers speak for themselves: the project has already secured $ 4.5M in its pre-sales, which shows that sellers are covering the loss of the blue-chip with high-end games.
The hook here is the gamification of volatility. Maxi Doge introduces Hold-Only Trading Contests where users compete for leaderboard prizes, directly providing ‘1000x power’ trading demand even when the market cap is moving.
Unlike static meme coins that only rely on vibes, $MAXI uses the Maxi Fund treasury for returns and funding. That lays the groundwork under the narrative.
What the monetization misses the most is that meme coins with built-in resource loops tend to keep money longer than pure hype tokens. By instilling the community in the concept of ‘never skip a leg day,’ Maxi Doge aligns itself with the aggressive mindset of the current crypto community.
Get your $MAXI today.
Smart Money Accumulation Signals Divergence
The most telling signal for Maxi Doge is not viral marketing, it’s on-chain behavior.
While retail investors panicked selling SOL at $97, deep pockets hovered around $MAXI.
With the token currently priced at $0.0002802, whales are placing themselves before the sale ends. Also, the protocol encourages holding with APY staking, distributing rewards daily from 5% of the share pool. Those devices help reduce sales pressure on launch day, a common pitfall of pre-sale tokens.
The separation is clear. Solana is struggling to hold a two-year support level; Maxi Doge detects entry at speed. For traders tired of watching their Layer 1 wallets bleed, the ‘raise, trade, repeat’ ethos offers a very powerful alternative to the current position.
Check sales details before the next price increase.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets, especially presales and meme tokens, are very volatile. $SOL losing the $97 support level could lead to further declines, and new tokens carry inherent risks.
Always do your own due diligence.
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