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In the fast-changing crypto market, early movers often reap the largest rewards. Solana gained traction when it was tagged the "ETH killer." Dogecoin exploded when Elon Musk tweeted about it. Today, a new contender is drawing attention- Salamanca ($DON), a meme coin inspired by the infamous Salamanca cartel from Breaking Bad and Better Call Saul. Built on the Binance Smart Chain, $DON combines dark TV lore with viral internet energy.
Solana is testing crucial levels, trading near $180 after breaking past the key resistance at $175. The 200-day simple moving average (SMA) at $181 remains a pivotal point. While bulls pushed SOL to $184.86, selling pressure prevented a clear breakout.
On-chain data shows rising confidence. Over 11 million wallets now hold 0.1 SOL or more, indicating growing retail interest. Moreover, institutional investors are taking notice. DeFi Development Corp recently acquired 172,670 SOL, valued at $23.6 million, increasing their holdings to nearly 600,000 SOL.
If SOL clears $181 with volume, analysts expect a rally toward $210. However, a drop below $168 could lead to a pullback to $155. Technical indicators support cautious optimism as SOL continues leading DeFi trading volumes with $22.3 billion in weekly DEX activity.
Ethereum’s strong momentum has carried its price above $2,700, a level not seen in months. This follows a 48% gain in seven days and renewed interest in spot ETH ETFs. Abraxas Capital reportedly added over $500 million in ETH, fueling speculation of further upside.
Despite this, technical indicators suggest caution. ETH's market dominance has risen above 10%, while RSI levels are now in overbought zones, similar to those seen before major pullbacks. On the short-term charts, bearish divergence may trigger a 10–15% correction, potentially down to $2,300.
Still, analysts see any dip as a chance for consolidation. If ETH holds above $2,600 and ETF flows remain strong, a move to $3,200 or higher is likely in the coming weeks.
Dogecoin is currently trading at 0.2326, and is holding its own with the wider market fluctuations. The meme coin built a bullish pennant indicating a possible breakout of 53% to $0.368. The move is underpinned by an increase in the open interest, currently at $3 billion, and funding rates, which show strong long positioning.
The coin recently got a boost after SEC recognized the 21Shares DOGE ETF filing. The announcement triggered a surge of 6.29%, and traders watch the $0.25 resistance closely. A move above would be capable of igniting $62 million in short liquidations providing momentum on the upside.
Dogecoin continues to enjoy increased popularity from both retail and institutional, weekly closes above $0.22 are considered essential to maintain bullish growth in such highs.
Salamanca ($DON) comes from the influence of the renowned Salamanca family from the Breaking Bad series, which has quickly established ground in the market for meme coins. A product built on top of Binance Smart Chain, it merges pop culture and crypto to come up with a unique community based token. In a few days after the launch, $DON rose sharply from under $0.001 to command a high of $0.002198. It now changes hands around $0.00207 and remains to have great upside potential.
$DON unlike many meme coins demonstrates a sane trading volume and is improving constantly. Early investors have gained more than 3x in returns. With listings on top exchanges such as MEXC and Gate.io, it has experienced a daily trading volume of more than $5 million, with potential to cross above $20 million as visibility increases.
The meme coin $DON stands out comparing to other meme coins with its gritty branding and viral storytelling. The high level of community participation and speedy listing success are similar to early-stage Dogecoin and Shiba Inu runs. With the current momentum and growing reach, $DON is set to explode by 10x, which makes it one of the most anticipated new meme coins of 2025.
Website: https://salamanca.club/
Twitter/X: https://x.com/salamanca_token
Telegram: https://t.me/salamancatoken
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
