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Solaxy is approaching its pre-sale target of $5 million, offering low entry prices and a high annual percentage rate (APY) to early investors on Solana’s Layer 2.
Solaxy (SOLX) is developing a Layer 2 solution to improve the user experience on Solana, and investors are taking note. It’s been less than two weeks since presales began and the project’s funding is just $419,000 away from the $5 million mark.
Since the project is still in its early stages, investors have the opportunity to secure their share of SOLX at a low price and benefit from a massive APR to maximize their investment. Let’s take a closer look at this project and what it’s about.
The Solaxy presale is outperforming similar projects as it gains momentum
The Solaxy presale officially opened its doors to early investors on December 12th and has already raised over $4.5 million. While the scale of the project helps attract investors, Solaxy will be featured in Best Wallet’s Upcoming Tokens section, making it available to the app’s 100,000+ monthly users and further increasing its visibility.
This makes it very similar to Pepe Unchained (PEPU), an Ethereum-based Layer 2 blockchain project that has successfully completed its pre-sale phase, raising over $73 million. After the presale ended, PEPU launched on Uniswap and rose more than 600% in the first 48 hours, securing listings on LBank, BingX, MEXC and other exchanges as the price increased.
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