ORCA to the MOON?! 🚀 Vote CHAOS!

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Hark! The Orca token, like a nimble dolphin leaping from the waves, hath ascended with a most prodigious bound this Friday! 🐬 ‘Tis said the network hath, with a flick of its fin, outpaced the lumbering Raydium, whilst a vote of grave import doth draw nigh its destined conclusion. Oh, the drama! 🎭

Lo, the price of Orca (ORCA) hath soared to a dizzying height of $3.4345, a summit unseen since the ides of March, and a doubling of its worth from the depths of this very month! Such extravagance! This surge hath inflated its market cap to a sum exceeding $160 million, though ’tis whispered that its daily trading volume doth approach a staggering $500 million. A veritable tempest in a teapot, methinks! ☕

Verily, Orca hath acquitted itself with honor in the grand theatre of decentralized exchange. According to the learned scholars at DeFi Llama, it hath managed transactions to the tune of $3.87 billion in the past seven days, making it the most preeminent DEX network in all the Solana ecosystem. Huzzah! 🎉

In the span of thirty days, Orca hath overseen a deluge of $11.2 billion in volume, surpassing even the mighty Raydium, which could only muster $10.8 billion. This hath propelled Orca’s cumulative total to a grand $293 billion. By Jove! 💰

Its seven-day volume hath swelled by 43%, owing to the resurgence of certain Solana meme coins. Fartcoin (FARTCOIN), a name most refined, hath leaped by 94.7% in the same week, whilst Popcat (POPCAT) hath soared by 32.6%. And let us not forget Vine and Fartboy, those other titans of the meme coin world! Such names! 😂

Meanwhile, the ORCA’s price spike was also caused by an ongoing community vote on a major governance proposal. The proposal includes a token buyback, funding the initial team for two more years, and burning 25% of the token supply. The vote, which closes on April 14, has received over 3.376 million “yes” votes, compared to just 2,513 “no” votes. The planned burn and buyback are expected to offset regular token unlocks. 🔥

Orca community, you are amazing!

We’re now in the final stretch. Your vote can be the one that seals the future of ORCA staking, rewards & protocol growth.

🗳️ Vote before 10:45am ET April 14

— Orca ☀️ (@orca_so) April 10, 2025

Orca price technical analysis

The four-hour chart doth reveal that Orca, on the ninth of April, found itself at the nadir of $1.733 before springing back to $2.90. This recovery followed a confluence between the upper and lower trendlines of a falling wedge pattern. A most curious formation! 🤔

The wedge’s widest point measured close to 50%. Applying this distance from the breakout point brings the technical target to $3—a level reached on Friday. Following this breakout, ORCA may now pull back to retest support at $2 before potentially resuming its uptrend. A dance of numbers and lines, fit to confound the wisest of men! 🤪

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2025-04-11 18:16