The Solana ecosystem is going bunkers!

Not only is the SOL token skyrocketing, but it has drawn the attention of promising projects and investors alike.

In this post, I will show you the 4 Solana coins that could go parabolic in this bull season.

Considering an investment in Solana? You’re in for a treat with this post. Let’s jump right in!

Why not kick back, relax, and catch the quick 5-minute video before diving into the rest of the post?

Lets Start With The Narrative: ERC-404|SPL22!

This is how it all started! The Ethereum network currently has three token standards:

• ERC20 – token standard for fungible tokens
• ERC721-  token standard for non-fungible tokens (NFTs)
• ERC404 – ERC20+ERC721

Here is what I mean:

ERC404 is the new Ethereum token standard that combines the qualities of ERC20 and that of ERC721.

We’ve tackled the concept of ERC404 in one of our X threads. Check it out here.

ERC404 has been the narrative driving the hype around Ethereum this bull season.

But here’s the kicker:

Whatever unfolds on Ethereum seems to have a ripple effect on Solana.

For instance, NFTs originated on Ethereum and then flourished on Solana, along with liquid-staking.

Also, Airdrops, a concept pioneered on Ethereum, saw tremendous success on Solana. Just take the Jito airdrop, where participants received a minimum of $10,000.

Currently, the ERC404 has made its mark on Solana, where it is known there as SPL22.

Now, let’s dive into the 4 projects that are riding on this narrative on Solana and why they are potentially great investment options.

Top SPL22 Projects on Solana Set to Skyrocket

1. FluxBeam

FluxBeam serves as a decentralized exchange facilitating a majority of the SPL22 trading activities within the Solana ecosystem.

Originating during the 2023 bear season, FluxBeam initially focused on developing a token standard known as Token22, which has since transitioned to SPL22.

In addition to their core exchange platform, FluxBeam introduced a Telegram bot named Fluxbot and launched their native token, FLUXB.

At the time of writingt, the fully diluted valuation (FDV) of FLUXB stands at $67.39 million.

Considering its potential, FLUXB could reach a $200 million FDV, implying a significant upward trajectory from its current price of $0.1348.

This growth trajectory could lead FLUXB to experience a parabolic surge, offering investors a favorable return on investment.

2. Gh0st

If FluxBeam stands as the flagship decentralized exchange (DEX) for SLP22, then Gh0st emerges as the pioneering coin within this ecosystem.

Gh0st represents the first Solana project to embrace the SLP22 token standard, distinguishing itself as a trailblazer in this regard.

Operating under the ticker “Gh0stcoin,” the token substitutes the letter “O” with a zero.

Comprising 21 distinct NFTs, each of which carries 1000 Gh0stcoin tokens, Gh0st boasts a unique tokenomic structure.

Currently, Gh0stcoin is at the nascent stages of its tokenomics journey, with a fully diluted valuation (FDV) of $3.9 million.

Given the undervalued nature reflected by its current FDV, I anticipate Gh0stcoin to yield a return exceeding 10x in the foreseeable future.

3. Bozo

Bozo stands out as one of the more established SPL22 protocols, boasting an impressive FDV of $15 million.

It operates as a hybrid, integrating elements of NFTs, tokens, and DeFi protocols seamlessly.

It has 1000 NFTs minted with 800,000 BOZO tokens.

The NFTs can be destroyed to release BOZO tokens, making it fungible, while the tokens can be used to mint back the NFT, making it non-fungible.,

Currently, the floor price for Bozo’s NFTs hovers around $26,000, complementing its substantial FDV.

With such robust fundamentals, Bozo displays promising potential for exceptional performance as the bull season progresses.

4. Mutantmon

Mutantmon, a hybrid DeFi project on the Solana blockchain, merges NFTs and DeFi seamlessly.

Mutantmon NFTs have a unique feature: they can be converted into MUTANT tokens, which in turn can be used to create entirely new NFTs.

Each Mutantmon NFT boasts distinct artwork generated by computer algorithms, ensuring uniqueness.

By linking NFTs to their proprietary token $MUTANT, Mutantmon aims to streamline NFT trading, addressing existing complexities.

Furthermore, Mutantmon implements a deflationary mechanism whereby a portion of tokens is burned with each trade, potentially increasing the value of remaining tokens over time.

While Mutantmon’s token is still relatively new, it can be traded on platforms like Dex Screener or GecoTerminal. With the SPL22 narrative gaining traction, there’s potential for a significant price surge

Let’s wrap it up!

While these tokens offer potential for significant gains, they also carry high risk, with the possibility of losing all investment.

Invest only what you can afford to lose.

On the flip side, if the narrative gains traction, early investment could lead to substantial gains.

Remember, this is not financial advice.

Below are the token contract addresses if you want to dive into the degen play:

• FLUXB – mPhT3Fd1EDVFdg46YREqHBeNypn1h4EbnTzWERX
• GH0ST – HbxiDXQxBKMNJqDsTavQE7LVwrTR36wjV2EaYEqUw6qH
• BOZO – EJPtJEDogxzDbvM8qvAsqYbLmPj5n1vQeqoAzj9Yfv3q
• MUTANT- mmonechkLNdUxDbvP9Yntwo459QfUmqDdzV95DNvnr6