TBH not much this time, I think the market will make a good correction, which means more opportunity for a good price, It doesn't mean it will back to 30$, but maybe 100$ again before it pumps again.Solana's return was very impressive and exceeded many people's expectations, even when SOL reached $100, skepticism still existed. Now skepticism has turned into optimism and the number of users + Dapps + new projects is continuously increasing, making Solana the most prominent blockchain in 2023.
It did reach around 200. But its lower now.This is a correction caused by the collapse of the Bitcoin price which ultimately had a negative impact on Solana. Apart from that, Solana is no longer as hype as it was a few days ago, many people are contributing to new projects based on the Solana network, making them buy Solana in very large amounts. a lot and makes the price of Solana always go up when the price is high.
I am hoping for a strong rally and maybe $350 or $400 by the winter.
I recently stumbled upon one organized by Bitget highlighting 5 major tokens on the chain - $Bome, $Jto, $Jup, $Ponk, and of course $Sol itself.Don't forget that Solana has a DEX and is very used for the SOLANA coin market which can be exchanged for tokens from SOLANA coins.
It's uncertain how long this heightened activity will last, but one thing is certain - the resulting momentum is just what the crypto community currently needs. Just make sure to stay sharp and ensure security always folks.So far, the SOLANA coin has very strong hype and has full support from all communities, just look at the market, there are so many Airdrop tokens from the SOLANA coin and provide many benefits to those who participate.
I have recently found myself in a SOL trading platform where you could launch a meme token every time and I believe that it's why there is a lot of traction in SOL. It's cheap and amazing to use just because you can transact fast.
I'm curious as to other people's experience.
~It's been months since Solana has became the main topic online. It's been months since Solana has been the most popular coin and because of that, many new projects are being created on their blockchain.
It's uncertain how long this heightened activity will last, but one thing is certain - the resulting momentum is just what the crypto community currently needs. Just make sure to stay sharp and ensure security always folks.
May the force be with you.
It's uncertain how long this heightened activity will last, but one thing is certain - the resulting momentum is just what the crypto community currently needs. Just make sure to stay sharp and ensure security always folks.
May the force be with you.
Solana is one of the most in demand now, because they provide many benefits to their holders. And the ecosystem within it is no less interesting to invest in. many people don't want to miss out on getting benefits too.It's uncertain how long this heightened activity will last, but one thing is certain - the resulting momentum is just what the crypto community currently needs. Just make sure to stay sharp and ensure security always folks.
May the force be with you.
If the demand keep coming, you should expect more buy. As long as people are willing to buy, expect the craziness to continue and also expect more of the meme coins. Where you not here when Doge coin was seen as the next thing after Bitcoin? Even Elon Musk added Doge as part of it Tesla payment option until they later remove it.
People nowadays don't even care about what the project is all about, people want to see profits regardless and it's coming. If there is a trend in crypto, many people will continue to do that until the hype is no longer valid again and that's when they move from there.
it stopped weeks ago and seeing howit dumps up to now?Today many coins should start to rise again because many people use altcoins to make deliveries because the transaction process using bitcoin has quite high costs.
https://coinmarketcap.com/currencies/solana/ 22% dump in the last 7 days while to top 1 coin is just 12% fell?
Maybe we are looking into 100 below level if this continue to happen , the market is shaking now as we are nearing he halving time.
Who knows how long. I'm just glad that I've been able to make some profit with the sol pump. Pairing it with Bitcoin on Bitget smart and getting more Bitcoin from it. I love sol also. So I'm still holding.Be careful when you want to trade or use a wallet on Bitget, I have heard of many cases of losing assets when they trade using the Bitget platform. Try using another wallet. If you want to focus on Bitcoin then separate all your main assets with altcoins so you will have less safer when you want to make cryptocurrency transactions with different types of coins.