Crypto
The launch of memecoins tied to President-elect Donald Trump and Melania Trump caused an activity spike so intense, that it temporarily clogged the Solana network. For 30 minutes, users were hit with failed transactions and system errors.
A similar kind of chaos, though on a quieter scale, is now seen in the latest Filecoin price analysis. FIL currently sits at $5.40 but struggles to breach the $6.05 resistance level.
Lastly, the biggest unrest of all is hitting the $6.7 trillion traditional e-commerce market. Decentralized online shopping giant Web3Bay (3BAY) has arrived, bridging Web2 and Web3 technology while unlocking greater transparency, flexibility, and user control for all.
Its 3BAY token has already seen massive success, raising $830,000 with three presale batches selling out in record time. Though stage 4 is now live, the chance to profit from the future of e-commerce is shrinking by the minute.
Solana Network Faces Congestion as Trump Memecoins Launch
The Solana network recently experienced delays after the launch of memecoins tied to President-elect Donald Trump and his wife, Melania. Released just days before Trump’s presidential inauguration, the TRUMP and MELANIA tokens generated massive trading activity, causing temporary congestion on the Solana network.
For about 30 minutes, users reported transaction failures and errors on blockchain explorers like Solscan. Blockchain analytics showed nearly 90% of MELANIA tokens were held in a single wallet, despite claims of a more balanced distribution. Meanwhile, the TRUMP token saw a significant price drop, losing $5 billion in market cap shortly after MELANIA launched.
Filecoin Price Analysis: $6.05 Resistance Key to Growth
According to the latest Filecoin (FIL) price analysis, FIL has finally broken out of a falling wedge pattern. Despite this positive move, the altcoin’s price currently sits at $5.40, with hesitation among traders keeping it below a critical resistance level of $6.05.
On the upside, $4.77 remains a strong support level, helping to prevent further drops. While Filecoin’s price analysis shows mixed signals, recent data reveals slight optimism, with Binance funding rates reflecting cautious bullish sentiment.
The internet as we know it is changing, and Web3 technology is at the center of it. Unlike the current Web2 internet, where large corporations control user data, Web3 uses blockchain technology to create decentralized, user-driven networks.
The world is already embracing this change for more freedom, security, and transparency, and data points to the web3 technology industry potentially growing beyond $23.3 billion by 2028.
One of the biggest industries Web3 is transforming is e-commerce with popular decentralized marketplaces like Web3Bay. That doesn’t mean Web2 is going away anytime soon. People still prefer multiple options for transactions—whether fiat or crypto—and Web3Bay bridges this gap between Web2 and Web3 commerce seamlessly.
By integrating mainstream payment options like PayPal, Web3Bay creates an inclusive shopping experience that caters to all. The flexibility of cryptocurrency payments further enhances this, offering users complete transparency, secure transactions, and total data ownership.
The platform’s native 3BAY allows users to vote on platform decisions, transact, and for investors, presents a serious profit opportunity. Three presale stages of this token have sold out already, leading to multiple price increases.
Currently priced at $0.00456262 in stage 4, Web3Bay’s total presale revenue has crossed $830,000, with over 218.3 million tokens sold. Stage 4 is still open, but the remaining tokens are running out fast.
Looking at the bigger picture, as blockchain adoption grows, Web3Bay will eventually take the lion’s share of the $6.8 trillion e-commerce market, and the biggest winners will be early investors of the 3BAY token.
Web3 Technology Is Here to Stay—Don’t Miss the Upside!
The fact that the Solana network nearly collapsed after the launch of Trump memecoins is just one side of the story. The reality is far more concerning—90% of MELANIA tokens ended up in a single wallet, and the TRUMP token lost $5 billion in market cap shortly after launch.
Filecoin isn’t faring much better. While $4.77 provides strong support, traders remain cautious as FIL struggles to break the $6.05 resistance.
Meanwhile, Web3Bay is having the opposite experience. Thousands are rushing to grab the 3BAY token, with 3 presale stages completely selling out instantly. Clearly, Web3Bay is ready to take on the trillion-dollar e-commerce market, and missing out now could be another “I should’ve bought Bitcoin” moment.
Join Web3Bay Presale Now:
Presale: https://web3bay.io/buy
Website: https://web3bay.io/
Twitter: https://x.com/web3bayofficial
Instagram: https://www.instagram.com/web3bayofficial/
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