Solana ETF SEC Headwinds Delay Price Movement While FloppyPepe Keeps Printing Green Candles: 100x Rally Incoming

The US SEC has once again delayed the approval of a Solana ETF, causing much frenzy in the crypto market, especially among Solana (SOL) enthusiasts, and causing the altcoin price to move sideways. Meanwhile, amidst the upheaval, another altcoin, FloppyPepe (FPPE), keeps printing green candles, prompting analysts to predict that a 100x rally could be imminent.

Floppynomics Unleashed: FloppyPepe’s (FPPE) Presale Prints Green Candle Nonstop

FloppyPepe (FPPE) is also grabbing the attention of institutional investors with its green candle printing presale. In this presale, it offers its native token, FPPE, to everyone at a pocket-friendly price of $0.00000035 per coin.

Furthermore, as numerous investors join the presale, analysts have speculated that a 100x rally could be underway, which could print massive green candles for all early investors. Aside from that, FloppyPepe’s (FPPE) tokenomics structure (Floppynomics) is another factor driving FOMO among institutional players.

Floppynomics is designed to encourage increased network activity and incentivize long-term investors. In addition, 1% of every transaction is allocated to charity, and 1% of the meme coin’s total supply will be burnt from circulation. This deflationary model will prevent overabundance and increase its value.

FloppyPepe (FPPE) AI Utilities Attract Institutional Investors

Image Generated From FloppyAI

FloppyPepe (FPPE) is a meme coin project that has caught the attention of institutional players due to its unique ties to comic legend Matt Furie and fresh approach to how crypto community members interact with meme coins through AI technology.

One of its meme creation tools, the Meme-o-Matic machine, is powered by FloppyAI, an AI agent that converts texts to viral meme images. This enables everyone to unleash their inner creativity in a simple yet cost-friendly way. Interestingly, all who generate memes with this AI agent can participate in the regular meme contests hosted on the platform, which reward the best meme creators with unique prizes.

FloppyX, the second meme creation tool, is an AI agent setting a new standard in AI-driven video meme creation, making it a highly sought-after tool among content creators. Unlike other video creation tools, this AI agent features a GPU-accelerating rendering engine, generating super-quality video memes in near real-time. Both AI agents are now available for Telegram, and institutional players, meme enthusiasts, and content creators are hurrying to bring their creativity to life.

Solana ETF Hits Roadblock As SEC Delays Decision

The US SEC has delayed deciding on the approval of a Solana ETF proposal by two giant fund managers, 21Shares and Bitwise, sparking mixed feelings among crypto community members. Meanwhile, the SEC delayed the Solana ETF proposal to assess whether the fund managers filing for the Solana ETF products comply with regulatory rules under the Securities Exchange Act.

Further, the SEC raised major concerns about market manipulations, which are prone to the industry, and indicated it must protect investors’ interests before giving the green light for any ETF filing, including the Solana ETF. Meanwhile, the SEC’s delay in approving a Solana ETF had a bearish impact on Solana (SOL), as the altcoin retraced below the $170 level.

According to CoinGecko, Solana (SOL) currently trades around $168, and everyone in the market is watching to see the SEC’s final decision on the Solana ETF filing and how that will impact altcoin-based ETFs.

Explore FloppyPepe (FPPE) Presale Today!

While Solana (SOL) continues to remain in limbo due to the delay in the US SEC’s approval of its ETF filing, FloppyPepe (FPPE) continues to print green candles in its ongoing presale, and everyone, including institutional investors, is getting in on the meme coin.

FloppyPepe’s (FPPE) commitment to security through a regular audit of its smart contract and implementation of a Multi-Sig wallet has also boosted its appeal among institutional players. Further, everyone who buys the meme coin in presale can gain an 80% bonus when they use the promo code FLOPPY80, causing institutional investors to hedge their bet with this meme coin poised for a 100x rally.