Solana News Today: MoonBull Meme Coin Gains Buzz With Exclusive Whitelist Offering

The crypto market is showing renewed signs of momentum, with Solana ($SOL) leading the charge after a 7% rebound over the past two days, its price hovering near $168 [1]. In the midst of this activity, meme coins Snek ($SNEK) and Ponke ($PONKE) are reacting differently to market shifts, while a new entrant—MoonBull ($MOBU)—is generating significant buzz with its live whitelist offering [2].

MoonBull, an Ethereum-based meme coin, is being marketed as a strong contender in the degen trading space, emphasizing low entry costs, exclusive staking perks, and early access through its whitelist [3]. Whitelist participants are given a window to purchase tokens at the lowest price available, along with secret allocations and early access to key project updates. The mechanism mirrors the success of previous meme coin whitelists, such as Wall Street Memes (WSM), where early buyers achieved up to 20x returns before the token launched publicly [4]. MoonBull’s offering is described as tighter, more exclusive, and potentially more rewarding, with limited spots available on a first-come, first-served basis.

While MoonBull is building a hype-driven narrative around its launch, Snek is currently outperforming broader market trends. Trading at $0.003535, Snek has seen a 72.9% surge in 24-hour trading volume to over $2.15 million [5]. Despite being 60.5% off its all-time high, Snek remains 2,453% above its lowest point and ranks 266 on CoinGecko with a market cap of $263.7 million [6]. Its recent performance against a declining market signals strong community engagement and potential for further gains.

Ponke, on the other hand, is experiencing a cooldown phase. Trading at $0.116011, Ponke’s 24-hour trading volume has dropped 37.4% to $9.17 million, with a 11% decline in the last seven days [7]. While still up 1,140% from its all-time low, it has fallen over 86% from its peak at $0.8365. Ponke’s current market cap stands at $63.8 million, placing it at 672 on CoinGecko. The drop in volume and price indicates that some investors are holding back, possibly waiting for a more favorable entry point [8].

The broader altcoin market’s tentative recovery has not been uniform across all tokens. While Solana’s resurgence has sparked renewed interest in meme coins, only a few have managed to generate significant momentum. MoonBull, in particular, is being positioned as the new meme coin to watch, with its Ethereum foundation, DeFi-driven staking rewards, and a tightly controlled whitelist that limits early access to a select group of investors.

Early access remains a crucial factor in the meme coin space, offering investors the chance to secure tokens at the lowest possible price and benefit from exclusive advantages before a public launch. This dynamic was evident with WSM and is now being replicated with MoonBull, where timing and access are framed as the keys to maximizing returns.

As market conditions remain volatile, investors are closely watching Snek’s ability to sustain its gains and Ponke’s potential for a rebound. However, the current spotlight is firmly on MoonBull, whose whitelist period is open and limited in availability. For those who missed out on previous meme coin opportunities, MoonBull represents a new chance to participate in a project with strong community backing and viral appeal.

Sources:

[1] https://coinmarketcap.com/community/articles/68923d39c85cc103049abcf3/