The crypto market just witnessed another “Binance effect” rally, as the Tutorial (TUT) meme coin rocketed after it went live on the exchange.

This kind of massive rally inevitably gets traders searching for the next big thing.

Some are turning their attention to Solaxy (SOLX) – a new Layer-2 solution for Solana that has raised over $28 million in its presale.

What is TUT and Why Did It Explode After Debuting on Binance?

Tutorial isn’t your average dog or cat-themed meme coin.

Created accidentally from an educational demo project on the BNB Chain – by a developer who used to work at Binance – TUT aims to teach people the basics of crypto and DeFi.

Think of it as part meme, part helpful companion, even using an AI assistant called “Tutorial Agent” to break down complex topics.

What started as a simple how-to guide unexpectedly caught fire with the retail trading community.

And it has transformed TUT into a viral sensation.

When TUT was listed on Binance yesterday, the coin’s price exploded, reaching a peak of $0.056.

That represented a gain of over 250% in less than 24 hours, fueled by enormous spot trading volumes.

While things have cooled off a bit since then, as often happens after such a surprise rally, that initial pump once again proved the power of a Binance debut.

TUT Bucks the Trend as Bears Take Over the Meme Coin Market

Tutorial’s rally really stands out because it’s happened while almost everything else in the meme coin space is in the red.

A look at the charts today shows all major players posting sizable losses.

DOGE and PEPE are down around 7%, FLOKI has dropped 9%, and some like SPX have been hit even harder, tanking over 13%.

These price drops have lowered the total market cap for meme coins to $51.5 billion.

Besides TUT (and GHIBLI) posting gains, retail traders have faced a difficult day.

But what’s spooking the market?

Part of it might be typical Friday jitters, with traders potentially cashing out some profits before the weekend.

Looking at the bigger picture, there are also nagging worries about inflation rising again (due to persistent global trade tensions) and uncertainty about whether the Fed will actually cut rates twice this year.

That kind of tension often makes investors hesitant to hold onto riskier assets – like meme coins.

And that makes TUT’s price pump even more impressive.

Could Solaxy Be the Next TUT-Like Rally? SOLX Token Presale Goes Viral with $28M+ Raise

TUT’s rally has got everyone asking: Which meme coin might explode next?

One name that keeps getting a lot of engagement is Solaxy.

Solaxy is building something many believe Solana desperately needs – its first proper scaling solution.

Using tech called “rollups,” Solaxy can bundle transactions off the main Solana chain, making things way faster and cheaper.

None of this comes at the expense of security.

Plus, the team isn’t stopping there, since they’re also building a bridge to link up with Ethereum – potentially unlocking massive cross-chain liquidity.

The hype around Solaxy seems to be peaking as we head into Q2.

Solaxy’s presale has raised over $28 million, and the project has hit 73,000+ followers on X (Twitter).

Major crypto influencers, such as NASS CRYPTO, who has over one million YouTube subscribers, have also discussed SOLX’s potential.

Seeing how Tutorial exploded after listing on Binance, Solaxy’s Telegram channel members are wondering if SOLX could be next in line for a massive rally.

Right now, SOLX tokens are available for just $0.001676.

That means early investors can secure a stake in Solaxy at a potential discount relative to the planned DEX listing price.

So, although it’s still early days, Solaxy is shaping up to be a project that could disrupt the Solana ecosystem in a positive way.

Visit Solaxy Presale

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TL;DR

• Around three-quarters of Binance Futures traders who have opened DOGE positions are expecting price gains in the near future.
• The overwhelming imbalance between long and short trades may signal a contrarian risk – when most bet up, the market might surprise with a move in the opposite direction.

Increased Optimism From Traders

Dogecoin (DOGE) witnessed an impressive surge in December last year, with its price exceeding $0.45. Since then, though, it has retreated by approximately 60% and currently trades at around $0.18. Despite the evident downtrend in the past few months, many investors remain bullish on the OG meme coin.

The renowned analyst, going on X as Ali Martinez, revealed that more than 76% of the traders on Binance Futures that have hopped on the Dogecoin bandwagon have opened long positions.

76.65% of traders on Binance Futures are long on #Dogecoin $DOGE! pic.twitter.com/Qpr3pGCwh7

— Ali (@ali_charts) March 28, 2025

Predominant optimism can be interpreted in various ways. People might speculate that some of those traders have inside information about potential major developments surrounding Dogecoin that could positively impact the price of the underlying token. 

One example could be the possible launch of a spot DOGE ETF in the United States. Grayscale, Bitwise, and Osprey Funds are among the entities that have filed to introduce such a product, while the odds of approval before the end of the year are estimated at slightly under 70%.

It is important to note, though, that the bullish sentiment may be taken as a bearish factor. After all, cryptocurrencies tend to do the opposite of what the crowd expects, while famous investors have previously warned people not to follow the ongoing trend. Warren Buffett’s advice, for instance, states: “Be fearful when others are greedy and greedy when others are fearful.”

Price Predictions

Crypto X also seems predominantly positive on DOGE’s future, with multiple industry participants envisioning a resurgence in the short term. Crypto VIP Signal recently claimed that the meme coin “has broken the resistance area and is now retesting it.”

“You can accumulate some DOGE during this retest, and we can expect a continuation of the upward movement after some accumulation,” they added.

Trader Tardigrade also gave their two cents. The market observer pointed to the declining RSI ratio to envision a price explosion to as high as $1 in the following months.

The Relative Strength Index (RSI) measures the speed and change of price movements and varies from 0 to 100. Readings below 30 suggest Dogecoin might have entered oversold territory, meaning it could be gearing up for a rally. The RSI has plunged below 40 in the past several hours and is nearing the bullish zone. 

TL;DR

• Binance added trading services with four trending meme coins.
• The involved assets experienced enhanced volatility, and surprisingly, some of them headed south.

The Massive Volatility

The world’s largest cryptocurrency exchange frequently amends its services to offer enhanced user experience and respond to the latest market trends. Most recently, it added the meme coins Mubarak (MUBARAK), CZ’s Dog (BROCCOLI714), Tutorial (TUT), and Banana for Scale (BANANAS31) to its Binance Simple Earn section.

Moreover, the tokens will soon be included in the “Buy Crypto,” Binance Convert, Binance Margin, and Binance Auto-Invest programs. 

Support from a crypto behemoth like Binance usually has a huge positive effect on the involved digital assets due to increased liquidity and boosted accessibility.

The price of Tutorial (TUT) has exploded by an impressive 130% in the past 24 hours, while BROCCOLI714 has pumped by 15% for the same period.

Somewhat surprisingly, though, MUBARAK and BANANAS31 have registered steep declines. The former has lost over 40% of its valuation in the last 24 hours, while the latter is down by approximately 13%.

It is worth mentioning that MUBARAK’s valuation reacted quite differently in mid-March when Binance introduced MUBARAK/USDT perpetual contracts with up to 25x leverage. The price skyrocketed by double digits shortly after the inclusion.

Another factor that may have contributed to the meme coin’s substantial resurgence back then is the involvement of Binance’s founder – Changpeng Zhao (known as CZ). According to Lookonchain, he spent 1 BNB to buy MUBARAK and the same amount to purchase TST.

Previous Binance Announcements

Another cryptocurrency that witnessed a serious spike after a recent Binance listing is StraitsX USD (XUSD). Last week, the stablecoin, which is pegged to the American dollar and supposed to hover around $1, soared to almost $1.80 after the exchange launched the XUSD/USDT trading pair. The peak was short-lived, and in the following hours, the price returned to its target. 

Binance also seemed very close to embracing Pi Network’s native token – PI. In February, it held a community vote to determine whether its users would want to see the coin available for trading, and over 86% of the voters clicked the “yes” option. Regardless of the overwhelming support, it remains unclear whether the exchange will respect their wish.