Solana takes back top 10 position - page 3.

Jackl87

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Quote from: KiaKia on January 15, 2023, 03:59:52 AM

Solana is once again a top ten coin, I am starting to feel like I will regret not buying solana and hold for a long time because if this project survive it will bring the highest ROI in the list of top coins on coinmarketcap, the present value is even looking good, what is your take on Solana? Are you a believer or you think it won't do well for long.

Well Solana took a massive hit during the whole FTX scandal and the following bankruptcy of FTX. Back then Solana dumped way harder than any other big crypto project (except the FTX token itself of course) mainly because Alameda Research and therefore FTX were the main investor of Solana. Then the panic of the other investors came and it dumped even lower. So it is no big surprise to me that Solana is now gaining a little more in the last few days were we have seen pretty nice gains in the entire crypto space.
I also think though, that this is not the start of a real bull run yet and that we are seeing at least a few setbacks before the bull really comes.

ethereumhunter

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Solana is currently eleventh on the CMC basis and I don't know if it is time for Solana to come back into the market with a price increase or if this is just a temporary increase. You should be careful if you want to buy Solana just because it hit a high yesterday. I haven't invested in Solana yet and will need some time to look into it and find out more. Maybe if there is good news from Solana's side, I will consider investing in Solana. But I'm still trying to buy more bitcoins before the bitcoin price really increases high.

Shinpako09

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Quote from: Ziskinberg on January 16, 2023, 06:55:35 AM

Good to see that patient holders get their rewards but this pump could be a warning for those who plan to buy now. I would say that gonna be a risky attempt.

Agreed. It's very risky to buy while it's up/rising. Prices are currently trading at $23.39, which is up 134% since the start of the year. Maybe the dump is just around the corner at this point. Who knows if the holders have reached or almost at their selling point.

Solana is one of the most promising alts to invest in. That is why I'm gonna add it to my portfolio soon but I'm gonna wait for it to drop again.

KennyR

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Solona is one among the potential project, so it's bounce back is much expected and the same have happened now. The fast transaction, performance, network stability and various other features makes the blockchain one among the best. Atleast for this reason the market of solona can be considered for investment. The recent FTX issue haven't left solona. It have reached the top list, but it is predicted to blast and as predicted it happened last year. Maybe short term investment will be safe for now.

shinratensei_

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even after series of crashes and many things that somehow try to bring down solana it still standing unwavered, I wonder if it's just that solana is that good.
solana indeed have the chance of increasing further, moreover the BONK pumps was indeed such a great help towards solana, but I still doubtful and reluctant investing in solana for the very reason that it could be losing its value easily compared with its competition like matic. I guess investing in solana gonna be roller coaster of investments, but meanwhile I still see investing in btc and eth more promising.

AakZaki

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Solana is one of my favorite altcoins and is on the list of investments I made. Although several incidents caused the price of solana to crash, currently solana is back at the 10th position on the CMC list. This proves that the Solana project can rise and become a profitable project in the future. Buying Solana when the price was completely destroyed yesterday will certainly provide quite a lot of profit. I'm just holding out for the long term, and I still believe the price of solana will still be higher ( DWYOR ). This is my personal choice and is my own responsibility. Bitcoin remains the top investment on my list.

ItsCrafty

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According to Coinmarketcap Solona is still in no 11 with 8.64 Billion volume and matic is in no 10 with 8.64 billion volume. It's not too big difference but matic is high demanding coins and can easily beat Solona. I remembered the previous pump of Solona when it's jump from 12$ to 39$ and then survive in bear market to 50$ and so on but the situation is now different because there are some competitive coins launched like Aptos.

el kaka22

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Definitely a pump and the part where it is going to be a dump is coming right away. I have to say that it's going to be something that is going to be troubling for most people when the price starts to go down and I fear that too many people will be impacted by this as well.

I get that it made some hyped movements and a lot of people ended up buying it, but I am warning everyone against getting too much of it because it will definitely end up with losing a lot of its valuation very soon. It's better to have just a bit of return but at least a return that you are proud of, that would be a lot better for all of us to make sure we invest into something trustworthy instead.

fzkto

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Quote from: Marykeller on January 16, 2023, 03:14:16 AM

Solana, Polkadot, and Matic are the three major altcoins that have caught my attention in this cryptosphere. The only reason why I didn't invest in Solana is because of how hackers attacked it last year and her terrible price decrease. That incident alone discouraged me not to invest in it. I thought that what happened to Luna would soon happen to it. Nevertheless, I think I will invest the amount I can afford to lose in Solana. Who knows what it will turn out to be tomorrow

Maybe these projects are really interesting and technological, with lots of innovations. But they all remind me of EOS. Back then, too, there was a lot of hype and record fees for ICOs. But in the end the project went unclaimed. I am afraid that Solana and Dot may suffer the same fate.

Ziskinberg

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Somewhat surprising but I see that Solana still has the potential to run for another huge pump. However, it didn't look so comfortable seeing this time, at this bear season to see such an increase in a short period of time while the majority of the market is still on the decline. For some reason, I didn't buy this coin but never I regret doing it because of its previous issue which also bring the price to dump badly.

Good to see that patient holders get their rewards but this pump could be a warning for those who plan to buy now. I would say that gonna be a risky attempt.

Savemore

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Quote from: crwth on January 15, 2023, 10:34:35 PM

Could you do it now, OP? Did you buy SOL already to continue and possibly HODL it? It is one of the coins you could profit from, especially if you are talking about NFTs and some projects that use it. It will still do well in the long run.

It's good to practice getting interested in projects even if it has low value or went low. That's the sale that will be worth it in the long run.

Quote from: Thomas Kralow on January 15, 2023, 10:15:53 PM

As one of the high-quality projects, I am very optimistic about SOLONA, which solves the scalability of the blockchain. Although there may be some bugs, I firmly believe that his future is bright. The silence of the bear market is not indicative of the future. I hope that in 2023, it will bring me good income, after all, I have persisted for a long time.

What the hell is SOLONA? Is that a new token? Shocked

SOLONA

Kidding aside, the SOL is one of the leaders in the market. It is now up with 130% in just 2 weeks. It even beats the general market wherein the BTC only up by 23% in 2 weeks. I have a good bias with SOL in these following months. Today, the price is still competitive wherein its breakouts in 100 EMA where it consider as a long term resitance. If the price of the SOL stays above the 100 EMA then we should expect something good with the SOL. I have also bag of SOLs, I intend to long term hold it so let's see what will happen to its price in this year.

michellee

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It looks like Solana wants to repeat its previous glory moment by trying to make it to the top of the top list. Maybe that can happen later, especially if the altcoin season returns so that Solana can gain investors' trust again. Meanwhile, it seems that people's attention is still focused on the movement of bitcoin, which can increase in a short time. Let's wait and see how Solana moves next and what the Solana team will say and if it's good news, some big investors can come back to the Solana project and invest in it.

mich

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I am very pleased that I did hodl most of my Solana tokens and we are being rewarded now. SOL is now #11 on coinmarketcap after losing 80% over the year and was down more then 94% just 1 month ago.
And the 'Ethereum killer' has seeing high trades in volume. It has doubled this month with highs back to $24.65 and a marketcap of $8.6 billion. Not very far behind Polygon with marketcap of $8.9 billion so can swap again soon now.

Marykeller

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Solana, Polkadot, and Matic are the three major altcoins that have caught my attention in this cryptosphere. The only reason why I didn't invest in Solana is because of how hackers attacked it last year and her terrible price decrease. That incident alone discouraged me not to invest in it. I thought that what happened to Luna would soon happen to it. Nevertheless, I think I will invest the amount I can afford to lose in Solana. Who knows what it will turn out to be tomorrow

landheer

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Solana is a quality coin and is very much in demand and right now if you see the market price of Solana has increased by 6%, it means that the Solana coin has good potential. but the ranking we won't know in the future, but what is clear is that Solana is now ranked 11th on CMC. and position 10 is occupied by , MATIC.

Pandji02

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Well, another month, another hacking story from SOL. An unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance. I don't understand how to trust SOL at this point. It's not the first problem that happened recently.

Odusko

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Solana have done an amazing recovery movement in the last few days back and climbing back to the top 10 on coinmarket cap is quite an exciting movement that anyone should take note of, Solana dumped hard when the FTX bankruptcy sega was at its highest impact and investors were cashing out all their cryptocurrency investment which led to the dump of solana price in the first place.
At some point, Solana was connected to FTX but gradually we discovered that solana is a chain on its own and the project has some potential even the Ethereum developer and CEO confirmed the project's potential and how Solana can be one of the best projects in the industry, so this latest recovery is most expected.

yazher

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Quote from: Nwada001 on January 15, 2023, 06:20:07 AM

Solana and polygon Matic have been fighting for that 10th position for some time11 now.. as of the time of this reply Polygon Matic is top 10 bringing down Solana 11 position. Both coins are of two great blockchains but I believe polygon have lot's of demand more than the Solana.

Those projects are both active and they need to keep it up because the competitions in their category are tight and if they slack off, another one will take their place. It has been a trend in the past that these two projects will be more likely to become the next BNB or ETH but as we can see, they are far from it and they really need to work to continue updates and develop their platform. Especially in this time of the crypto season when investors are losing hope in the other coins because of their lack of activities they need to take advantage of the current situation to attract more investors this year to further improve their projects.

crwth

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Could you do it now, OP? Did you buy SOL already to continue and possibly HODL it? It is one of the coins you could profit from, especially if you are talking about NFTs and some projects that use it. It will still do well in the long run.

It's good to practice getting interested in projects even if it has low value or went low. That's the sale that will be worth it in the long run.

Quote from: Thomas Kralow on January 15, 2023, 10:15:53 PM

As one of the high-quality projects, I am very optimistic about SOLONA, which solves the scalability of the blockchain. Although there may be some bugs, I firmly believe that his future is bright. The silence of the bear market is not indicative of the future. I hope that in 2023, it will bring me good income, after all, I have persisted for a long time.

What the hell is SOLONA? Is that a new token? Shocked

pawanjain

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Nothing lasts forever

Back in the previous bull run Solana has been a very promising coin and had generated great profits for the investors.
But at the same time it was dumped heavily in the bear trend. Also, it had halted quite a few times in bearing trend which is definitely not a good sign.
I guess its good to invest a little portion of portfolio into SOL just so that we don't miss the boat.

Topic: Solana takes back top 10 position - page 3. (Read 609 times)