Axiom – Solana ’s largest trading bot accounts for 41% of volume | Notable meme coins today

The meme coin market is always full of surprises, with new trends emerging daily, and the past days are no exception. As the demand for trading bots increases, Solana, a hotspot for meme coins, has witnessed the emergence of Axiom as a new phenomenon.

BeInCrypto has analyzed two other meme coins for investors to follow as they attempt to recover recent losses.

Animecoin (ANIME)

• Launch Date – 01/2025
• Circulating Supply – 5.53 billion ANIME
• Max Supply – 10 billion ANIME
• Fully Diluted Valuation (FDV) – $195.39 million

ANIME's price has increased 31% in the past 24 hours, trading at $0.019. This meme coin is now approaching the resistance level of $0.020, which it could not break through in the previous month. This resistance level is crucial for continuing the recent upward trend and maintaining the upward momentum.

If ANIME maintains its current upward momentum and converts $0.020 into support, it could target the next resistance level at $0.023. Successfully breaking this level would indicate a strong upward trend and could lead to further price increases, attracting investor interest.

However, if the broader market conditions do not support this price increase prospect, ANIME may face a decline. Dropping below the $0.017 support level would indicate a reversal, with the potential for the price to fall to $0.015, invalidating the price increase argument and signaling a potential further decline.

Brett (BRETT)

• Launch Date – 05/2023
• Circulating Supply – 9.91 billion BRETT
• Max Supply – 10 billion BRETT
• Fully Diluted Valuation (FDV) – $375.52 million

Another meme coin to watch, BRETT, has shown significant growth, increasing 46% over the past seven days. This strong performance has pushed the meme coin to $0.036 despite the dominance of other meme coins in the market. BRETT's price action suggests further growth potential if important resistance levels are broken.

However, BRETT is currently facing resistance at $0.038, a level it could not break through in March. If the meme coin can successfully break this barrier, it could rise to $0.042, reaching a new monthly high and signaling continued upward momentum, attracting investor interest.

On the other hand, if BRETT fails to break $0.038 again, the price could retreat to $0.030. This would invalidate the current price increase prospects, erasing most recent gains and indicating that the meme coin may struggle to maintain its upward momentum in the short term.

Small-Cap Stock Corner – Axiom

Axiom, although not a meme coin, has attracted the attention of meme coin enthusiasts. This Solana-based trading bot has recently seen increased demand, becoming the largest bot on the platform, surpassing established bots like Photon, BullX, and GMGN.

Axiom's success is impressive, recently exceeding $100 million in daily trading volume and capturing 41% of Solana's total bot trading volume. The rise of speculative trading bots provides a convenient solution, and Axiom adds to this trend with a one-touch function to execute complex trades.

The increasing reliance on speculative trading bots, especially when it comes to meme coins, provides an easier path for investors. As investments in meme coins are often driven by volatility, Axiom offers an intermediary solution for users wanting to trade these assets efficiently. With growing interest, the second quarter may witness an increase in trading bots, making exploring these tools essential for meme coin enthusiasts.

However, speculative trading, especially with meme coins, carries potential risks. BeInCrypto strongly advises DYOR before engaging in such investments.