The Cryptocurrency Craze Continues

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In the latest Solana meme coin pump, TONY token has exploded 300x in less than 24-hours, but as retracement enters the c
okx
In the latest Solana meme coin pump, TONY token has exploded 300x in less than 24-hours, but as retracement enters the chart, TONY price analysis reveals a rocky road-ahead.This comes as recent months have seen a new trend in SOL-based DEX-traded token pumps, with countless Solana meme coin moon-shots garnering significant attention, including 2024′, SOLAREUM, Joe on SOL, BINK, BONG, MUSK, FLUB, PUMA and HOPPY.This comes after a dazzling launch, which saw TONY launch around 02:00 (UTC) on January 18, from an initial price of $0.00001, in a move that gained almost immediate traction posting +5,275% in the first hour.A brief consolidation saw a lower support level established above $0.0002, and this set the stage for a further +750% push over the following hours to an all-time high at $0.0018.
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