Topic: Solana just reached $80! - EDIT: Now $110+ - page 2. (Read 1099 times)
Right from time I know that solana is a good project and I believe that solana whosoever that invest in solana will not lose because since the project been launched I have seen the potential in solana and I always recommend it to people to use as one of their portfolio especially investors who is into long-term investment, so all this altcoins are gaining positive due to they have seen bitcoin accelerating with a higher potential, so as I said before that any altcoins that refuse to increase this time may not increase again.
Today on Coin Marketcap I saw the price of Solna Token is $94.66. It has already crossed $80 and may soon touch above $100. We have seen positive changes for this coin.The price of Solana Coin is currently very hyped so it seems risky for me to invest in this coin now. I saw this coin a few months ago at maybe under $50 and since then the coin has gone up a lot. Cryptocurrency market is slowly changing as well as the price of this coin is increasing. We can expect this coin to cross $150 in the future.
Solana has even reached $100. I remember I bought few I used for airdrop few weeks ago around $120. The token just experience a dip in few days which make it go back below $100. To me, I still see some potentials in the token. I believe it will still do more in the upcoming bull run.
Yup you it it right as we had seen a slight dip in SOL but now it has regained it's movementum has crossed $100 once again and currently trading just above $100. I made a mistake of not buying it due to delusional thought that I might be buying due to FOMO but ending up with a regret. I think now it has possibility of reaching new ATH if there is no correction.
People are move by emotions and Solana whales are very good at what they are doing. The price was originally triggered by aidrop by ANALOS and the euphoria part of the run was the special airdrop that was allocated for Solana mobile phones. Those who bought the phones back then in 2021 where giving more than $5k worth and that was how the pump gain attraction of many traders including the market makers, you can see that there no utility here but a revival of price so that the big players that lost money are trying to attract more liquidity so they can pull out their investment.
Bonk was part of the movement why Solana has pumped like this, there is no much total value lock up on the chain and this is to tell you that the team are not building and if they are, then they are very limited in numbers. The mobile phone was even a failure because it seems people didn't use the phone like how they expected and now, they are using these Airdrops as blueprint to make people to purchase the phone because of the airdrop.
Bonk was part of the movement why Solana has pumped like this, there is no much total value lock up on the chain and this is to tell you that the team are not building and if they are, then they are very limited in numbers. The mobile phone was even a failure because it seems people didn't use the phone like how they expected and now, they are using these Airdrops as blueprint to make people to purchase the phone because of the airdrop.
Solana Foundation wasn't selling the "Saga Phone", so it had to give away "free money" with the BONK airdrop hoping it would attract as many people into Solana as possible. Turns out its little "marketing strategy" worked. SOL "pumped" real hard from being worth just $30 to nearly $130 within a few months. Prices are hovering within the $100 range with no indications of going down anytime soon. Combine that with the approval of spot Bitcoin ETFs + the upcoming BTC halving, and we should be seeing SOL heading to Mars real soon. It might possibly hit $300 in the near future.
Ultimately, what matters is utility. Not the price. As long as Solana proves to be useful, it will be able to stand the test of time. Crypto land often comes with surprises, so expect the unexpected.
Today on Coin Marketcap I saw the price of Solna Token is $94.66. It has already crossed $80 and may soon touch above $100. We have seen positive changes for this coin.The price of Solana Coin is currently very hyped so it seems risky for me to invest in this coin now. I saw this coin a few months ago at maybe under $50 and since then the coin has gone up a lot. Cryptocurrency market is slowly changing as well as the price of this coin is increasing. We can expect this coin to cross $150 in the future.
its dumping it went from $130 to about $80 and I think it has caused fair share of panic in the market right now many solana holder that bought at peak thinking it will keep climbing up are getting caught off guard thats the thing with buying coin that has climbed up so significantly its just more vulnerable to have sudden massive dump that could cause us to lose good amount of our capital.now it seems that any token that are on solana including JTO and so on are also having the negative effect of solana dumping right now most of them are also dumping getting about -20% price which is kinda obvious that it gonna eventually happen considering solana blockchain was so highly praised and overvalued back then that every project gain massive increase but at the end of the day such hypes will eventually fade anyway.
It's best to wait until the hype ends to make your move. I'm sure prices will decline at a fast pace once this happens. SOL's been holding it steady at $100 - $110 for a while now. If it doesn't move any lower than that, SOL could achieve a new ATH by the time Bitcoin's block reward is cut in half. Things would be even better for holders if a Solana spot ETF is approved in the US.
What ultimately matters is not the price, but rather the utility of the coin. Solana needs to remain useful by focusing on security/reliability more than anything else. If the network remains stable and cost-effective for day-to-day payments, it will last a lifetime. No one can predict the future, so lets hope for the best. Just my opinion
What ultimately matters is not the price, but rather the utility of the coin. Solana needs to remain useful by focusing on security/reliability more than anything else. If the network remains stable and cost-effective for day-to-day payments, it will last a lifetime. No one can predict the future, so lets hope for the best. Just my opinion
People are move by emotions and Solana whales are very good at what they are doing. The price was originally triggered by aidrop by ANALOS and the euphoria part of the run was the special airdrop that was allocated for Solana mobile phones. Those who bought the phones back then in 2021 where giving more than $5k worth and that was how the pump gain attraction of many traders including the market makers, you can see that there no utility here but a revival of price so that the big players that lost money are trying to attract more liquidity so they can pull out their investment.
Bonk was part of the movement why Solana has pumped like this, there is no much total value lock up on the chain and this is to tell you that the team are not building and if they are, then they are very limited in numbers. The mobile phone was even a failure because it seems people didn't use the phone like how they expected and now, they are using these Airdrops as blueprint to make people to purchase the phone because of the airdrop.
Solana has even reached $100. I remember I bought few I used for airdrop few weeks ago around $120. The token just experience a dip in few days which make it go back below $100. To me, I still see some potentials in the token. I believe it will still do more in the upcoming bull run.
Those who invested some amount of money in Solana are still in believe that it will show great response in coming Bull run and may be it happens but I think Solana drop from 126$ to 94$ is a huge drop which will require time to go again to the higher worth. There is a hope that in coming bull run the price of Solana will again reach to more than 120$ and I also believe that Solana will show good activity but now its not consider as a good asset as people invest too much money into it but unfortunately it decreases to 94$ which put fear in the hearts of all investors.
Today on Coin Marketcap I saw the price of Solna Token is $94.66. It has already crossed $80 and may soon touch above $100. We have seen positive changes for this coin.The price of Solana Coin is currently very hyped so it seems risky for me to invest in this coin now. I saw this coin a few months ago at maybe under $50 and since then the coin has gone up a lot. Cryptocurrency market is slowly changing as well as the price of this coin is increasing. We can expect this coin to cross $150 in the future.
Solana has even reached $100. I remember I bought few I used for airdrop few weeks ago around $120. The token just experience a dip in few days which make it go back below $100. To me, I still see some potentials in the token. I believe it will still do more in the upcoming bull run.
Today on Coin Marketcap I saw the price of Solna Token is $94.66. It has already crossed $80 and may soon touch above $100. We have seen positive changes for this coin.The price of Solana Coin is currently very hyped so it seems risky for me to invest in this coin now. I saw this coin a few months ago at maybe under $50 and since then the coin has gone up a lot. Cryptocurrency market is slowly changing as well as the price of this coin is increasing. We can expect this coin to cross $150 in the future.
My understanding about the hype is because of the airdrops, the phone that has 300 BONKS in it, and Gameshift. Another reason may be FTX exchange is pumping the coin behind the back as they still hold a good amount of SOL. There can be many reasons behind such a pump, but those investors who have held SOL during its bad days are now the ones who are enjoying the good days.
Yes. It's all about the "free money". Whales are manipulating this coin real hard for their own benefit. The "dump" could be bigger than the "pump" once the hype ends. Unless FTX makes a comeback and Solana gets a spot ETF approved by the SEC, I don't see it going anywhere soon. Only a prolonged bullish market driven by BTC, will allow SOL to retain high prices for long. It's still far below its ATH of nearly $200 per coin.
I'd proceed with caution to avoid losing it all in an instant. The future can't be predicted, so lets hope for the best. Just my thoughts
I agree but we don't know when this hype will end. I think a few more observations and months of waiting then we'll be able to see if the hype has ended.
But it is no guarantee since we're also about to enter the bull run. Maybe the altcoin season is there already and it's around the corner and SOL just taken its few steps already.
With the utility of the coin, I agree as well. When the issues were still fresh related to SOL, not that much continuation on it but I think this year was a good one for it since many projects are keep on choosing it as their contract.
But it is no guarantee since we're also about to enter the bull run. Maybe the altcoin season is there already and it's around the corner and SOL just taken its few steps already.
With the utility of the coin, I agree as well. When the issues were still fresh related to SOL, not that much continuation on it but I think this year was a good one for it since many projects are keep on choosing it as their contract.
The sol team has used this time to pump their coin because there has already been positivity in the market since the start of the month of octobar. This hype will eventually died down with any form of major correction in the bitcoin market. If a major correction happens i am expecting SOL to have a big crash as the rally they made was super high and those who brought sol under 20$ will start dumping their sol to buy bitcoin cheap. I think many whales already did that and it will have big impact for sure.
As much as we want to see everyone winning with what they're all holding. It's possible that this hype won't be long any further but as long as these holders have made their profits already.
I think that even that the price will go down and will be lesser than a hundred bucks, majority have already made their share and profit.
Solana it's a very great project today solana price is 124$ it's a huge pump they show that it's a great potential project it's a very great team in these days a lot of people interested in solana projects solana meme coins and more project also go to the moon it's give very great Opportunity to there users .
Solana is a great project but people irregulary putted money into it without realising that it's an altcoins and anytime it can show its nature so now the price again reduces to 103$ from 126$ which means that we have should not believe that altcoins are 100$ guaranteed investment.
I know that everyone wants to buy a beneficial coin but why they trust any coin so much that like to invest all the amount in a single coin. Now if someone invest large sum in solana then surely he will be disappointed by current dip in price.
Little amount does not make you worried but large in a single coin is not good in a case of that situation when there is big dump occurred like solana faces huge dump from 126$ to 103$.
Come on now people that invest in Solana are very aware that is an altcoin I can assure you that.
Everything in life has a risk and hopefully a reward. It's up to us individuals to do the calculation and see if the reward is worth the risk, sometime you lose sometime you win that's life!
It seems like the altcoins on the Solana network have been getting hype recently, I saw on social media that many people are holding altcoins on the Solana network and the price has increased several times. maybe this is what caused the price of solana to rise, let's see how long this hype lasts.
As long as the hype continues, the price sol will go up or have a sideways movement, but it probably can't last long. It seems to me that altcoins on the sol blockchain will not be popular in the near future. Buying it now for the purpose of profits may kill the deposit. I remember once upon a time there was a similar story with bnb.I think you're right here, it wont last long or forever, many meme coins has released in the Solana blockchain lately and I completely agree that most of them will totally die out. So buying Solana now may be a risk.
Still those who want to hire invest should invest in their own research.
Always! 💯
Can all this meme coins that are launching at Solana blockchain daily turn around and have a negative effect in a soon future for Solana? My feeling is that maybe it starts to get to many and to much. But I am no expert.
Happy new 2024.
Solana it's a very great project today solana price is 124$ it's a huge pump they show that it's a great potential project it's a very great team in these days a lot of people interested in solana projects solana meme coins and more project also go to the moon it's give very great Opportunity to there users .
Solana is a great project but people irregulary putted money into it without realising that it's an altcoins and anytime it can show its nature so now the price again reduces to 103$ from 126$ which means that we have should not believe that altcoins are 100$ guaranteed investment.
I know that everyone wants to buy a beneficial coin but why they trust any coin so much that like to invest all the amount in a single coin. Now if someone invest large sum in solana then surely he will be disappointed by current dip in price.
Little amount does not make you worried but large in a single coin is not good in a case of that situation when there is big dump occurred like solana faces huge dump from 126$ to 103$.
It seems like the altcoins on the Solana network have been getting hype recently, I saw on social media that many people are holding altcoins on the Solana network and the price has increased several times. maybe this is what caused the price of solana to rise, let's see how long this hype lasts.
As long as the hype continues, the price sol will go up or have a sideways movement, but it probably can't last long. It seems to me that altcoins on the sol blockchain will not be popular in the near future. Buying it now for the purpose of profits may kill the deposit. I remember once upon a time there was a similar story with bnb.
Solana Coin is on a lot of hype right now in this bull market I think Solana Coin investing and trading is very risky. Because the ups and downs of the market can dump Solana coins from time to time. We have seen Solana Coin reach $8 during market dumping. The market recovered from $8 to reach $126. Now we can see that Solana Coin is currently sitting at $106.Business means risk, Those who can take risks in business can also find success. But anyone can trade or invest at their own risk.
My understanding about the hype is because of the airdrops, the phone that has 300 BONKS in it, and Gameshift. Another reason may be FTX exchange is pumping the coin behind the back as they still hold a good amount of SOL. There can be many reasons behind such a pump, but those investors who have held SOL during its bad days are now the ones who are enjoying the good days.
It seems like the altcoins on the Solana network have been getting hype recently, I saw on social media that many people are holding altcoins on the Solana network and the price has increased several times. maybe this is what caused the price of solana to rise, let's see how long this hype lasts.
As long as the hype continues, the price sol will go up or have a sideways movement, but it probably can't last long. It seems to me that altcoins on the sol blockchain will not be popular in the near future. Buying it now for the purpose of profits may kill the deposit. I remember once upon a time there was a similar story with bnb.It seems like the altcoins on the Solana network have been getting hype recently, I saw on social media that many people are holding altcoins on the Solana network and the price has increased several times. maybe this is what caused the price of solana to rise, let's see how long this hype lasts.
As long as the hype continues, the price sol will go up or have a sideways movement, but it probably can't last long. It seems to me that altcoins on the sol blockchain will not be popular in the near future. Buying it now for the purpose of profits may kill the deposit. I remember once upon a time there was a similar story with bnb.
It seems like the altcoins on the Solana network have been getting hype recently, I saw on social media that many people are holding altcoins on the Solana network and the price has increased several times. maybe this is what caused the price of solana to rise, let's see how long this hype lasts.
As long as the hype continues, the price sol will go up or have a sideways movement, but it probably can't last long. It seems to me that altcoins on the sol blockchain will not be popular in the near future. Buying it now for the purpose of profits may kill the deposit. I remember once upon a time there was a similar story with bnb.This might surprise many, but the truth is that everyone should watch out for the unexpected. What has not happened before will begin to happen in order to shake the crypto space over time. However, for those who can still take the risk, SOL might hit $1,000 by 2025, it's either you take it or leave it, it will happen. Nonetheless, I do not expect to see it below $90 in the next 1.5 years anymore no matter the correction it might make. It should continue to find support earlier and get to move astonishingly as it has ever been doing since the renewal of the latest bull run.
It seems like the altcoins on the Solana network have been getting hype recently, I saw on social media that many people are holding altcoins on the Solana network and the price has increased several times. maybe this is what caused the price of solana to rise, let's see how long this hype lasts.
As long as the hype continues, the price sol will go up or have a sideways movement, but it probably can't last long. It seems to me that altcoins on the sol blockchain will not be popular in the near future. Buying it now for the purpose of profits may kill the deposit. I remember once upon a time there was a similar story with bnb.What I can see right now is Solana reacted late versus the other altcoins like Ethereum, because as you can see, Bitcoin price action and Ethereum price action is almost correlated with each other, then on Solana, I can say it just follows Ethereum and Bitcoin late already with extremely high price action upward.
It seems like the altcoins on the Solana network have been getting hype recently, I saw on social media that many people are holding altcoins on the Solana network and the price has increased several times. maybe this is what caused the price of solana to rise, let's see how long this hype lasts.
As long as the hype continues, the price sol will go up or have a sideways movement, but it probably can't last long. It seems to me that altcoins on the sol blockchain will not be popular in the near future. Buying it now for the purpose of profits may kill the deposit. I remember once upon a time there was a similar story with bnb.we are so doubtful with solana back then when it was still sub $20, we again doubtful even when solana price rising more than $60, same thing with when solana was still $80 but now solana is already $100 and probably might be trying to hit its former all time high again in the future, the thing with solana is that the pump have uncanny similarities with meme coin it just kept going up and up and might be stuck at the top since the demand for solana is good enough to mantain it added with the fact that solana is a blockchain that is quite popular having so many dapps deployed in the blockchain means there will be much and much more demand for the coin going on forward.
I think it will mantain its position at $100++
Just a few days of discussions and it's already surpassed $100. Earlier, we've got some correction and still, it remained to that price of $100.
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At the beginning of this year, those are the people that are the luckiest. But the question is depending on how many they've bought by that time. If it's just a few pieces of it, then they won't feel the profits but like thousands of SOL, the profits is really felt by them.
I'm late on the party and yet, no ntention of buying at the current prices.
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At the beginning of this year, those are the people that are the luckiest. But the question is depending on how many they've bought by that time. If it's just a few pieces of it, then they won't feel the profits but like thousands of SOL, the profits is really felt by them.
I'm late on the party and yet, no ntention of buying at the current prices.
It's best to wait until the hype ends to make your move. I'm sure prices will decline at a fast pace once this happens. SOL's been holding it steady at $100 - $110 for a while now. If it doesn't move any lower than that, SOL could achieve a new ATH by the time Bitcoin's block reward is cut in half. Things would be even better for holders if a Solana spot ETF is approved in the US.
What ultimately matters is not the price, but rather the utility of the coin. Solana needs to remain useful by focusing on security/reliability more than anything else. If the network remains stable and cost-effective for day-to-day payments, it will last a lifetime. No one can predict the future, so lets hope for the best. Just my opinion
But it is no guarantee since we're also about to enter the bull run. Maybe the altcoin season is there already and it's around the corner and SOL just taken its few steps already.
With the utility of the coin, I agree as well. When the issues were still fresh related to SOL, not that much continuation on it but I think this year was a good one for it since many projects are keep on choosing it as their contract.
The sol team has used this time to pump their coin because there has already been positivity in the market since the start of the month of octobar. This hype will eventually died down with any form of major correction in the bitcoin market. If a major correction happens i am expecting SOL to have a big crash as the rally they made was super high and those who brought sol under 20$ will start dumping their sol to buy bitcoin cheap. I think many whales already did that and it will have big impact for sure.
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