Crypto Market Jitters Spark 56% Solana Plunge, 40% Cardano Drop

In recent weeks, the crypto market has experienced significant jitters due to trade policy uncertainties, leading to double-digit losses for most major and top meme coins over the past two months. Despite this, many cryptocurrencies have managed to stabilize above crucial support zones, indicating a potential recovery. However, the path to recovery is fraught with challenges, including persistent economic uncertainties.

Amidst this volatility, savvy investors are turning their attention to innovative crypto projects aimed at solving specific market problems. One such project is PepeX, which allows users to create and market their own meme coins without requiring technical skills. The platform ensures transparency and fairness, preventing insider front-running and other unfair practices. PepeX's 30-stage presale is set to launch on March 24 and will conclude on June 22, with the pepe.fun platform scheduled to go live in the third quarter of 2025.

Solana, another notable cryptocurrency, has seen a 56% plunge over the past two months, finding support at $124.50. The immediate focus for Solana bulls is the range between the support zone of $124.50 and the resistance level of $137.03. A successful rebound could see the next target at $143.50, but the path to recovery will be influenced by ongoing tariff jitters and risk aversion.

PepeX has garnered significant interest from retail investors due to its commitment to transparency, inclusion, and fairness. The project's AI-powered token launch system enables users to create, brand, and market their tokens effortlessly, eliminating the need for technical expertise. PepeX has implemented measures such as anti-sniping protection and limiting creators' holdings to 5% to ensure transparency and prevent insider front-running. This unique combination of automation, transparency, and inclusion has attracted a growing number of investors to the PepeX platform, even before the launch of its presale on March 24. Additionally, the project offers crypto enthusiasts the opportunity for their capital investment to surge by 5% after every 3-day stage, with cumulative gains of 311% by the end of the 30-stage presale on June 22.

Cardano, another altcoin, has been trading in close proximity to its 200-day moving average after hitting a three-month high in early March. Despite a 40% drop since then, Cardano has remained above the crucial support zone of $0.6805. In the immediate term, the range between $0.6805 and the resistance zone of $0.7500 will be closely watched. If more buyers enter the market, the bulls may have an opportunity to break the resistance, with the next target being along the 50-day EMA at $0.7852.