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Posted

 When Solana Treasury announced it had secured 6.822M SOL ($1.58B) at $232, backed by Galaxy, Jump, and Multicoin, it wasn’t just about strengthening reserves. Moves like this send signals, they anchor confidence, boost ecosystem credibility, and show how capital shapes narratives.

 

On a smaller scale, I’ve been exploring how that same pulse filters down to meme tokens. I tested $BAGWORK after its BingX Futures listing and closed a 10x short with +10.33%. Market cap is only ~$36M, liquidity dipped, yet the volatility is alive and well.

 

https://bingx.com/en/perpetual/BAGWORK-USDT

 

What connects both stories for me, is the reminder that markets are layered: institutional buys build the foundation, while retail and meme culture amplify the edges. The question is, which side really drives momentum in the long run?

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