The Solana meme coin market has seen a sudden spike in upside action, with Bonk leading the top gainers as traders seek fresh opportunities.
Solana meme coins surged on Monday as traders scouted for fresh opportunities in the meme coin market. The meme coin market saw its market cap rise 8.5% in 24 hours to reach over $45 billion.
In the same period, Solana meme coin’s market cap surged over 14%. Among the top presale meme coins currently trading on major crypto exchanges, Book of Meme and Slerf were up as the overall market cap jumped 10%.
However, one launch that has grabbed attention is Tequila (JULIO), which is set to launch on July 10.
Tequila is a new Solana meme coin that is inspired by the distilled Mexican beverage, tequila. The agave tequilana is a key plant in Mexico’s Jalisco state, which is at the heart of an industry that could see $32 billion worth of tequila exported this year.
In this light, Tequila (JULIO) is looking to bring the tequila tradition and fun to Solana.
The meme coin will have a fair launch, with 90% of the tokens allocated to the community and 10% for marketing and development.
According to the project’s website, the total supply of JULIO tokens will be 100 million, which means 90 million will be available to the community on launch day. With interest surging amid a meme coin resurgence, demand for this new beverage-inspired token could see its token’s value surge.
JULIO is set to list on Solana-based DEX and AMM Raydium, before other exchanges and platforms follow as part of the Tequila meme coin’s roadmap.
The development phases will also see the launch of themed parties, a layer 3 platform, and a Tequila spirit drink, which will have JULIO as the payment token.
Find out more about the Tequila meme coin and its upcoming launch on the official website.
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