What do you think about Solana tokens? Are they worth it?

mdzahed134

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Quote from: Bazzu on December 12, 2023, 05:57:15 PM

Quote from: Best-mary on December 11, 2023, 12:19:29 AM

Basically, I do get most of my daily insights in here to know what has been going on in the market. You can go through it and also be informed too on what is going on, it's very insightful.

https://www.bitget.com/research/articles/12560603801825

I might be dropping insights like this daily if y'all want but that's by the way. So, this coin JTO has gotten my attention not just the coin alone but the massive airdrop and some ongoing giveaways is what is attracting me to the coin. Aside from that, the features behind the project as well fascinates me. What do you guys think about this project? Do you think it will be good for a long-term holding or is it just the hype around it that is making the coin feel this important.

You know what makes me confused is that the coin that came in has an airdrop so I can't pinpoint if it is worth it to be an alt or not unlike other coins I know they started as presale or just launched in exchange I could easily just know whether or not if this coin would yield something tangible in the long run

Altcoins in the Solana ecosystem are currently in a period of hype. So it is not surprising that the increase has been so impressive. Following its parent, Solana. But hype always lasts temporarily. And as time goes by everything will end. Holding for the long term may not be the right decision. But if the project offers a very promising roadmap then it might be worth holding for the medium term until the bull run comes. It's just that I prefer to hold the parent directly (Sol) rather than the coins on the network itself.

Correct, SOLANA was all time high 260$ back in 2021 and this time who's investors bought this coin and they lost big amount of dollars, and i was also investors it at 120$ and i sold it only around 30$ as far as i can remember. So, it’s true that hype is not for long time, and you see after 2 years now going it’s another hype, it’s current price is 131$. So, need to DYOR before invest in any altcoins not only SOL.

niall51

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Of course it's worth it Solana tokens have the potential to rise in the future because many have built on this network and many have switched to this network because of the fast network and other features and Solana has proven that within 12 months it has managed to return to its prime. and now Solana has become a token that is being looked at by the crypto community. That's my view on Solana. Correction if im wrong

Essential10

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I haven't invested in Solana Coin till now. But I have heard many people investing in this coin and many people getting profit from this coin. As far as I know it has been almost four years since Solana coin was launched in the market and it is a very well known coin in the market. I see Solana Coin price at $84 at the end of 2023. At today's market price of Solana at $133, that's really high. I think this coin will be good for long term investment. Hopefully Solana can show better performance in bull run later this year.

OgNasty

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I’m not a big fan of Solana but the support behind it is strong. I wish I had stacked some and staked it when it was below $10, but I don’t really have any use for SOL so I don’t own any. It seems like most crypto newcomers end up buying Solana, so I can’t criticize those who buy in. As far as shitcoins go, Solana’s performance has been impressive.

peter0425

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This seems to be go with the flow as the popularity of Solana those days are indeed climbing all the records so for this Hype will come to those connected to Solana Name .

I remember when EOS bullied back in 2017-2018 that so many projects have connected but now look where they are? so try to invest only when you think there is a perfect timing.

ichsan ardi

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Quote from: Publictalk792 on December 11, 2023, 01:48:00 AM

Dear friend this is the Crypto Market and there is anything can happen. The coin just catch the attention of people by its hype. Like we can see that Binance also listed this coin in innovation zone.
If you want to invest in this coin so I will recommend make more research about this coin. About its team. How it is developing and what is the purpose of this coin. And what are the plan of this project in future.
These are some points which you should keep in mind before investing in it.

That's right, I agree with your opinion. In the crypto world, anything can happen. No one can predict for sure that the market will go down or up, therefore we have to do our own research before entering the world of crypto currency. Avoid buying or investing but you don't know. what you invest

onecall123

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Quote from: batang_bitcoin on December 17, 2023, 12:32:05 AM

I see a lot of people do hype with solana tokens and they are seeing the gains with them. But just a reminder for those that are onto them. You need to check that not all of them are going to be worth it. Because it is like that ethereum during its early stage but we do not know if they will be right just because of the hype. Be sure that you have done your DYOR before you commit into any sol tokens and just because they are all pumping, it will be permanent but no not.

There's been a lot of talk about Solana, and some believe it could outperform Ethereum in this bull run if Ethereum doesn't address its gas issues. Personally, I don't see why gas fees should be the downfall of ETH. Ethereum is already a solid investment token. I'm not dismissing the possibility of other blockchains taking its place, and I'm not claiming to be an expert on the matter. I suggest DYOR!
Anyways, having been in the Solana ecosystem for a while, it seems like a good place for short-term gains.

Sebas.tian

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Solana is not a new project in the market, if you can do your research to find out how popular the project are in the community and many investors have achieved a lot of income from that project in the past. With the look of the market price now, it show that those that will invest in Solana will have every reason to celebrate themselves when the price increase higher to satisfy their investors before the end of next year. Ethereum and Solana are good project that has caused long term investors and short term investors a huge amount of money from the projects and they still believe in that projects in this bearish season to invest more so that they can receive more when the price hit higher.

shinratensei_

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Quote from: batang_bitcoin on December 17, 2023, 12:32:05 AM

I see a lot of people do hype with solana tokens and they are seeing the gains with them. But just a reminder for those that are onto them. You need to check that not all of them are going to be worth it. Because it is like that ethereum during its early stage but we do not know if they will be right just because of the hype. Be sure that you have done your DYOR before you commit into any sol tokens and just because they are all pumping, it will be permanent but no not.

i would instead resort to investing into solana than the token I mean yes there might be some worth it to hold token thats inside solana blockchain like JTO and maybe JUP in the upcoming future but to be honest, such coin aren't really long lasting to be invested but its good for those with relatively smaller capital that want the profit faster to invest in those two but I would personally wait until the hypes surrounding them to subside first to see the real value of the coin then start investing.
i do agree that its like the initial stage of ethereum when there's trend about tokenization every token are being released there regardless of quality resulting in many people losing money because so many get fomo'd into investing in some random coin that honestly exist for the sake of money grabbing so anyone investing should also remember this history.
always invest in moderate even if many token in sol showing good sign of increasing who know if this trend ended along the way but with good token with strong fundamental we can just wait it out even if our trades and investment went wrong.

Best-mary

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Quote from: MFahad on December 16, 2023, 10:01:29 PM

Quote from: Best-mary on December 11, 2023, 12:19:29 AM

You know what makes me confused is that the coin came in has an airdro, so I can't pinpoint if it is worth to be an alt or not. Unlike other coins I know they started as presale or just launched in exchanges (like Binance, Bybit and the rest) I could easily just know whether or not if this coin would yield something tangible in the long run. Because they don't have any hype, I can't say the same for JTO. What do you all think?

This token JTO is not looking long term project and current hype is just due to Solona trend. When Solona trend will over or start dulling, Jto will extremely start dumping. SOL projects are performing well now and JTO is first best project which listed in big exchanges recently. All airdrop token already distributed to the winner wallet and there is no bad news so might be best investment fot short term. E two or three months.

Yeah, I'm already looking into other coins that are listed. I can see the difference. people don't joke with their real like they do with free money. Coins like ZERO and MUBI are something I might look into as a long-term

Best-mary

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Quote from: o48o on December 16, 2023, 07:42:56 PM

Quote from: Best-mary on December 11, 2023, 12:19:29 AM

So, from the article, https://www.bitget.com/research/articles/12560603801825
Several coins that did well this season got mentioned which I believe is kind of seem like it due to the season we are in right, and already have some like (Eth and Link), but this coin, JTO has gotten my attention not just the coin alone but the massive airdrop and some ongoing giveaways is what is attracting me to the coin. Aside from that, the features behind the project as well fascinates me. What do you guys think about this project? Do you think it will be good for a long-term holding or is it just the hype around it that is making the coin feel this important.

You know what makes me confused is that the coin came in has an airdrop, so I can't pinpoint if it is worth to be an alt or not. Unlike other coins I know they started as presale or just launched in exchanges (like Binance, Bybit and the rest) I could easily just know whether or not if this coin would yield something tangible in the long run. Because they don't have any hype, I can't say the same for JTO. What do you all think?

Edited; so you will understand my speculations

Maybe if are solely interested about airdrops for using Solana, then, just maybe. But otherwise it' a weird question. Like a question that are erc20 or Bep20 tokens worth it? Obviously most of them are not, just like most of SOL tokens are not. You are just trying to ride with the trend and use blanket for everything sol related. Some of them have made me money. But not because they are sol. But because i bought early and sold when they peaked. It might have gone to a different route, and I would have just lost money.

Yeah, I see what you mean and to be frank, I do that a lot and with this airdrop I think you're making sense with this hype here.
Probably that must be the reason behind this JTO pump. Then looking at MUBI another coin in SoL ecosystem, I have seen how it is growing organically due to its features. So, I think when a coin comes in not just an airdrop, it makes much sense when it pumps

batang_bitcoin

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I see a lot of people do hype with solana tokens and they are seeing the gains with them. But just a reminder for those that are onto them. You need to check that not all of them are going to be worth it. Because it is like that ethereum during its early stage but we do not know if they will be right just because of the hype. Be sure that you have done your DYOR before you commit into any sol tokens and just because they are all pumping, it will be permanent but no not.

Husires

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Solana is a central and dead currency, and all the noise that is being raised around it at the present time aims to pump its value, either through announcements about any quick profits that will come from Adrop, or that there are investment opportunities, all of which are temporary solutions that may make the price rise within a week or a month, but the long-term outcome is that the price of this currency continues. Declining due to it being central and the presence of many alternatives that offer lower fees.

MFahad

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Quote from: Best-mary on December 11, 2023, 12:19:29 AM

You know what makes me confused is that the coin came in has an airdro, so I can't pinpoint if it is worth to be an alt or not. Unlike other coins I know they started as presale or just launched in exchanges (like Binance, Bybit and the rest) I could easily just know whether or not if this coin would yield something tangible in the long run. Because they don't have any hype, I can't say the same for JTO. What do you all think?

This token JTO is not looking long term project and current hype is just due to Solona trend. When Solona trend will over or start dulling, Jto will extremely start dumping. SOL projects are performing well now and JTO is first best project which listed in big exchanges recently. All airdrop token already distributed to the winner wallet and there is no bad news so might be best investment fot short term I. E two or three months.

o48o

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Quote from: Best-mary on December 11, 2023, 12:19:29 AM

So, from the article, https://www.bitget.com/research/articles/12560603801825
Several coins that did well this season got mentioned which I believe is kind of seem like it due to the season we are in right, and already have some like (Eth and Link), but this coin, JTO has gotten my attention not just the coin alone but the massive airdrop and some ongoing giveaways is what is attracting me to the coin. Aside from that, the features behind the project as well fascinates me. What do you guys think about this project? Do you think it will be good for a long-term holding or is it just the hype around it that is making the coin feel this important.

You know what makes me confused is that the coin came in has an airdrop, so I can't pinpoint if it is worth to be an alt or not. Unlike other coins I know they started as presale or just launched in exchanges (like Binance, Bybit and the rest) I could easily just know whether or not if this coin would yield something tangible in the long run. Because they don't have any hype, I can't say the same for JTO. What do you all think?

Edited; so you will understand my speculations

Maybe if are solely interested about airdrops for using Solana, then, just maybe. But otherwise it' a weird question. Like a question that are erc20 or Bep20 tokens worth it? Obviously most of them are not, just like most of SOL tokens are not. You are just trying to ride with the trend and use blanket for everything sol related. Some of them have made me money. But not because they are sol. But because i bought early and sold when they peaked. It might have totally gone to different route, and i would have just lost money.

Best-mary

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Quote from: JeffBrad12 on December 14, 2023, 08:01:41 PM

it is indeed worth it to hold, these recent bullrun going on have been somewhat also fixated on solana with many of the token inside the blockchain also gaining massive increase not to mention the new emerging meme coin that suddenly become popular in solana and also added with the fact that there has been so many defi that did an airdrop and turning out to be massive airdrop also I think its good to hold solana, just see whether you are entrying at the peak or not because it will might significant difference in the long term because as i've seen this coin has risen quite high already so I don't think it will be a good thing entrying right now but honestly the future no one can know, the coin can be already priced really high and still can do rally in the future.
whats important is that, you can just join some of the airdrop by interacting with several smart contracts project in the blockchain maybe you can get profit from that instead, in my opinion this coin worth to hold if you've bought at lower price point to be honest.

Yes! That's indeed true. All coins in Solana keep getting to ATH. This exchange I shared with y'all where normally her my insights do have all of Solana tokens listed. So I just keep buying except this Airdrop ones I have been sceptical about for a long time now. Did you also know that Binance recently listed Bonk and it added to the reason why Bonk peaked

Best-mary

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Quote from: ice18 on December 15, 2023, 08:49:17 AM

Alts are all the same whether in Eth ecosystem or in Solana, the most important thing is its usescase and the developers involved, Jito Network has huge funding from VCs so it can compare to existing new tokens from airdrops like arb, aptos, they are all collected millions of dollars, the most interesting this bull season is most Solana based projects are pumping, even memes so its a good alternative to eth because of high transaction fees.

I see, no wonder all coins under it like Bonk, pyth, Zero (which is already trading live now) and so many others are doing well. Long before now I always thought we were in the bull market where Alt automatically pumps because is their moment

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Quote from: Oneandpure on December 15, 2023, 02:23:41 PM

I found with many Solana token worth with higher price regarding from airdrop project, last time have JTO for staking SOL coin on the Solana platform and each participants can earn above $200 regarding with minimum 5 Sol coin staking. No doubt with how many potential with Solana coin network currently with Solana moment come back today after Sol coins success raise to higher price. After JTO success listing on many top exchange I think in near future will launch many new Solana network coins with potential growing up for the first time listing moment.
I don't think worth for long term investment from Solana coin network are launching from airdrop or staking project, just short investment only is not matter but I doubt with long term investment will keep on the stable higher price or not.

Yes man! That was my confusion because I hardly see Airdrop tokens getting high at it's peak but from Solana ecosystem seems different.. I'll try my luck with this and see what changes it will bring then I'll look into other coins that are developed under Solana's ecosystem like this recent one called Zero which got listed few hours today

Oneandpure

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I found with many Solana token worth with higher price regarding from airdrop project, last time have JTO for staking SOL coin on the Solana platform and each participants can earn above $200 regarding with minimum 5 Sol coin staking. No doubt with how many potential with Solana coin network currently with Solana moment come back today after Sol coins success raise to higher price. After JTO success listing on many top exchange I think in near future will launch many new Solana network coins with potential growing up for the first time listing moment.
I don't think worth for long term investment from Solana coin network are launching from airdrop or staking project, just short investment only is not matter but I doubt with long term investment will keep on the stable higher price or not.

ice18

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Alts are all the same whether in Eth ecosystem or in Solana, the most important thing is its usescase and the developers involved, Jito Network has huge funding from VCs so it can compare to existing new tokens from airdrops like arb, aptos, they are all collected millions of dollars, the most interesting this bull season is most Solana based projects are pumping, even memes so its a good alternative to eth because of high transaction fees.

JeffBrad12

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it is indeed worth it to hold, these recent bullrun going on have been somewhat also fixated on solana with many of the token inside the blockchain also gaining massive increase not to mention the new emerging meme coin that suddenly become popular in solana and also added with the fact that there has been so many defi that did an airdrop and turning out to be massive airdrop also I think its good to hold solana, just see whether you are entrying at the peak or not because it will might significant difference in the long term because as i've seen this coin has risen quite high already so I don't think it will be a good thing entrying right now but honestly the future no one can know, the coin can be already priced really high and still can do rally in the future.
whats important is that, you can just join some of the airdrop by interacting with several smart contracts project in the blockchain maybe you can get profit from that instead, in my opinion this coin worth to hold if you've bought at lower price point to be honest.

Dunamisx

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I know about Solana, I trust them but I can't say much about their tokens, just as the same way we may not have to vouch on any digital currency, we can use the fact that it's a token from Solana to invest on it and embrace the risk that may follows or the benefits as the case may be, anything we are doing is under taking of risk and there's nothing more attached, if you can't risk it then don't try it, do your own research.

kotajikikox

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Im not familiar in Solana Token but yeah I do trust SOLANA(SOL) because i have them in my pocket but with your post here? i think i will dig on this one Wink

interested in coins that will bring great return in Bullrun and if this will be one success some of small capital will give tons of response .

though I was looking at your tags and about that exchange seems to be questionable at some point but yeah will look at this one later.

Best-mary

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Quote from: rodskee on December 13, 2023, 02:46:08 AM

Quote from: Best-mary on December 11, 2023, 12:19:29 AM

Basically, I do get most of my daily insights in here to know what has been going on in the market. You can go through it and also be informed too on what is going on, it's very insightful.

https://www.bitget.com/research/articles/12560603801825

Looks like you are not really asking about Solana or anything here but to advertise Bitget?
but given the fact you asked about Solana tokens for long term then I believe it is not best interest , like what
other said tokens are not good in long term instead mostly Pumping and dumping or some for waiting semi long
term.but it is rarely to happen because majority of tokens have their time to grow and when it started dumping?
it will stay there for long time sometimes even died after.

Maybe you should have checked and see that it was daily news, which can be helpful to others to know what's happening in the market. Among them was JTO which was why I highlighted it

Best-mary

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Quote from: Mate2237 on December 11, 2023, 03:35:52 PM

Any coin or airdrop project that one can't invest for a long term goal then it is not a cryptocurrency but Ponzi Scheme. And any coin in which Binance has listed it in their site means it will run long. So it is good to invest in it because you can even use p2p with Binance. You can sell and buy. All the coins in these season are on the bull market but today as Bitcoin price comes down every other coins prices are coming down. Even though it came as airdrop if it is doing well in the market then you don't have to be confused and fear but invest in it but remember the risk involved.

Yes, I usually notice and come to think of it, most coin binance list does well but they seem to list majority of coins late.

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Quote from: rodskee on December 13, 2023, 02:46:08 AM

Looks like you are not really asking about Solana or anything here but to advertise Bitget?
but given the fact you asked about Solana tokens for long term then I believe it is not best interest , like what
other said tokens are not good in long term instead mostly Pumping and dumping or some for waiting semi long
term.but it is rarely to happen because majority of tokens have their time to grow and when it started dumping?
it will stay there for long time sometimes even died after.

Maybe you are right about it because he highlight it first and then Bitget shilling like this aren't new in the forum but I always see them from time to time, either in the comments/reply made by the users, or it was posted by the OP of their new thread.

Since they also mentioned Solana or its tokens, then I think it is worth to talk about them here as well. Solana tokens are on the hype right now, and we all know the hypes, (they are not long-lasting). Maybe if we are only talking about Solana alone, then we can consider this for the long term, since it is not new and then it is still striving even though it received a lot of bashing to the public.

rodskee

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Quote from: Best-mary on December 11, 2023, 12:19:29 AM

Basically, I do get most of my daily insights in here to know what has been going on in the market. You can go through it and also be informed too on what is going on, it's very insightful.

https://www.bitget.com/research/articles/12560603801825

Looks like you are not really asking about Solana or anything here but to advertise Bitget?
but given the fact you asked about Solana tokens for long term then I believe it is not best interest , like what
other said tokens are not good in long term instead mostly Pumping and dumping or some for waiting semi long
term.but it is rarely to happen because majority of tokens have their time to grow and when it started dumping?
it will stay there for long time sometimes even died after.

Dr.Bitcoin_Strange

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Quote from: Best-mary on December 11, 2023, 12:19:29 AM

What do you guys think about this project? Do you think it will be good for a long-term holding or is it just the hype around it that is making the coin feel this important.

You know what makes me confused is that the coin that came in has an airdrop so I can't pinpoint if it is worth it to be an alt or not unlike other coins I know they started as presale or just launched in exchange I could easily just know whether or not if this coin would yield something tangible in the long run

OP, if you think of holding altcoins for a long time, then it's your riskrisk. Most investors invest in projects or assets where they are fully aware of the risk factor and also willing to accept whatever end result they get, whether it's a good or bad one.

The truth is that someone here can tell you that the coin is worth investing in and holding for a long time, while the person is not 80% certain if the coin would even make success in the future or not.

I could also tell you not to invest in the coin, but I am not sure if the project will make success in the future or not. The final decision is left for you to make, which is after you have thought about the expected profits and the risk that is attached to them.

While making an investment, you don't only look at the profit; it's wise to also consider the risk involved and ask yourself if you can actually cope if the investment turns out to be a bad one.

Bazzu

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Quote from: Best-mary on December 11, 2023, 12:19:29 AM

Basically, I do get most of my daily insights in here to know what has been going on in the market. You can go through it and also be informed too on what is going on, it's very insightful.

https://www.bitget.com/research/articles/12560603801825

I might be dropping insights like this daily if y'all want but that's by the way. So, this coin JTO has gotten my attention not just the coin alone but the massive airdrop and some ongoing giveaways is what is attracting me to the coin. Aside from that, the features behind the project as well fascinates me. What do you guys think about this project? Do you think it will be good for a long-term holding or is it just the hype around it that is making the coin feel this important.

You know what makes me confused is that the coin that came in has an airdrop so I can't pinpoint if it is worth it to be an alt or not unlike other coins I know they started as presale or just launched in exchange I could easily just know whether or not if this coin would yield something tangible in the long run

Altcoins in the Solana ecosystem are currently in a period of hype. So it is not surprising that the increase has been so impressive. Following its parent, Solana. But hype always lasts temporarily. And as time goes by everything will end. Holding for the long term may not be the right decision. But if the project offers a very promising roadmap then it might be worth holding for the medium term until the bull run comes. It's just that I prefer to hold the parent directly (Sol) rather than the coins on the network itself.

livingfree

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Quote from: GeorgeJohn on December 12, 2023, 04:09:51 PM

Quote from: livingfree on December 11, 2023, 02:19:22 PM

It's still new.

But basically, this is where many are thinking also if they're going to buy now because whoever gets first has the greater advantage. No doubt that a lot of SOL tokens have been doing well and even the meme coins from this network.

Don't get confused just because it has an airdrop, it could have been part of the marketing budget that they have so it's just to get attention or more people to get into their share and community.

It's very clear and understanding that the essence of having a airdrops for solana is due to awareness, so if op is judging solana network due to the new introduction of their airdrops I think their is nothing really strong about that, if a project want to get know by people they will apply a different strategies that will make the market to increase and get attractive to many people, I can invest in solana because I have peruse into it and I have known that it has a good network, from my observation and research.

That's right.

These are marketing strategies that have been effective for many and that's why people are now tuning in on solana network based on the airdrops that has been given on them and the gains that they're getting.

There's really no problem at all with these because they're even common already years ago and just seems to be back alive again, thanks to the possible bull run that we're about to get in within the next year or two.

GeorgeJohn

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Quote from: livingfree on December 11, 2023, 02:19:22 PM

It's still new.

But basically, this is where many are thinking also if they're going to buy now because whoever gets first has the greater advantage. No doubt that a lot of SOL tokens have been doing well and even the meme coins from this network.

Don't get confused just because it has an airdrop, it could have been part of the marketing budget that they have so it's just to get attention or more people to get into their share and community.

It's very clear and understanding that the essence of having a airdrops for solana is due to awareness, so if op is judging solana network due to the new introduction of their airdrops I think their is nothing really strong about that, if a project want to get know by people they will apply a different strategies that will make the market to increase and get attractive to many people, I can invest in solana because I have peruse into it and I have known that it has a good network, from my observation and research.

Sophokles

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SOL is one of the fastest blockchains in the industry right now but its previous bad record of the blockchain shutting down for several hours and its connection with FTX and Alameda research give it a bad reputation. The current rally of SOL is really charming but I am not sure how long it will last because it looks manipulative, and some airdrop farmers have pushed the price little bit higher due to farming the potential airdrop project in the SOL ecosystem. Recently it suppressed the total amount of transactions in ETH but most of the project that outperformed in some sectors of ETH eventually lost ground to ETH along the way.

electronicash

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JITO started with a good value and with $6M TVL i think those investors are looking into how much it could grow as DEFI develops in SOL. the timing of its launch is close to having a bull market and with 6.90% APY, it must be worth it while SOL also pumps.

tbh, i didn't look into the potential of SOL since its connection with FTX. now that it has already gone up, my capital to invest is only focused on tokens with low prices.

AnonBitCoiner

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When we see a successful project then everyone starts FOMO so in such situations sometime the coins goes to lower price which cause reduction of money for every holders. I think we should be prepared for all possibilities and not just JITO but there are also large number of other Airdrops which presented a good future to its participants such as pyth but nobody knows in advance that which airdrop or which coin will offer better giveaways.

The main cause of success of JITO is that individuals participate in this Airdrop find a profitable way of earning. As successful JITO is now so who knows that how longer it will give benefit to its holders therefore don't decide in FOMO.

yazher

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It depends on what they have to offer in the future because the other competitors are working towards innovations and developments that would easily make their coins successful in the future and also with that, the price will significantly increase depending on the situation of the market just like what we have witnessed today. You need to check every roadmap and see if they are really implementing what they are saying without any major delay because if they only talk about it without any implementations, then it is clearly a red flag.

Kelvinid

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win lambo...

Every project developer does good marketing to get attention from the public just like Solana. Now the question if Solana is worth buying. Well, I would say that it was really hitting my preferences and criteria for choosing a project/coins and it is because I don't see any reliable use case of this project to help it stay long in the market. This project is just like thousands of coins out there that only rise when hype and manipulated price, not because of its increasing demand as people see its potential.

livingfree

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Quote from: MAAManda on December 12, 2023, 03:13:39 AM

Quote from: livingfree on December 11, 2023, 02:19:22 PM

Don't get confused just because it has an airdrop, it could have been part of the marketing budget that they have so it's just to get attention or more people to get into their share and community.

True, it's part of marketing with the aim of getting the attention of the crypto public,

And that's applicable for every project that launches in the market, they're making these airdrops interesting again and I am sure that someone who's into it is making a lot of money out of it.

Quote from: MAAManda on December 12, 2023, 03:13:39 AM

but with this airdrop it will make the price of the $JTO token tend to be unstable in the initial phase, which might make the OP confused about whether to include $JTO in his alt portfolio or not.

It's always like that in the initial phase of these project. But looking at the response of most people with JTO, it seems that it has taken a very welcoming community.

dunfida

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Quote from: Best-mary on December 11, 2023, 12:19:29 AM

Basically, I do get most of my daily insights in here to know what has been going on in the market. You can go through it and also be informed too on what is going on, it's very insightful.

https://www.bitget.com/research/articles/12560603801825

I might be dropping insights like this daily if y'all want but that's by the way. So, this coin JTO has gotten my attention not just the coin alone but the massive airdrop and some ongoing giveaways is what is attracting me to the coin. Aside from that, the features behind the project as well fascinates me. What do you guys think about this project? Do you think it will be good for a long-term holding or is it just the hype around it that is making the coin feel this important.

You know what makes me confused is that the coin that came in has an airdrop so I can't pinpoint if it is worth it to be an alt or not unlike other coins I know they started as presale or just launched in exchange I could easily just know whether or not if this coin would yield something tangible in the long run

Honestly, it was really that somewhat regretful that i had missed out that JITO airdrop because i didnt really make out some enough Staking of SOL on which it did leave out for me to be non eligible.
If i have just put up that $500 worth of SOL then i might really be able to make it but actually i didnt really that expected out that it would really be turning out that way for you to be that eligible.
Actually when it comes to generosity then i could say that this airdrop is really that has it on which it is really just that similar to Arkham as far as i remember but it did really just have another way on
making those airdrop hunters to do up some tasks.

Speaking about solana then there's no doubt that it is currently making some noise now considering on the price pump or increase that it had currently then it is really that showing
that Solana chain based projects are really that making some noise now as of this moment, same goes for AVAX too. This is why it wont really be that bad
to throw up some bucks into these projects knowing that when it comes to potential then there's no doubt with that.

Bureau

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As of now, two coins are pumping into the market, the first one is Solana and the second one is Avalanche. They both have good potential and the pump is largely due to the projects running in their ecosystem. I was checking Defilama to find out which project has achieved good gains in a month in the Solana ecosystem. I found out that more than Jito, Marinade Finance has gained an ROI of 59%. Unfortunately, both of them would be distributing their tokens through airdrop which is a red flag for anyone planning to invest in them. I would invest in Solana as it is still below its previous ATH and through staking you can generate a decent passive income stream.

bluebit25

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Attention is being drawn to the Solana ecosystem, but from a neutral perspective, I can see how many people are FOMO with all the hype around. In essence, I have never accepted Solana's technology as being true to what they say, but some things in this market do not necessarily work according to quality, their potential is too great to easily get that hype.

Looking at some things going up in price, or some publicly airdropped products to the community, is all just a way to bring general attention to SOL. With JTO, in my opinion, it's worth taking the time to research JTO, but if it's just looking for profit, I personally wouldn't really invest in it, because I would simply look at many other options.

Bobrox

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Likely Solana season are coming back, many airdrop kinds with Solana network and worth higher price when launching on the market, I think Solana coins seems profitable at the future with their price success raise to $70 right now. Since Solana coins drop drastically until $15 and current seems want return to their ATH price seems the best moment right now keep trust again with Solana coins for long term investment.

Quote from: libert19 on December 11, 2023, 11:36:25 PM

For most people, coin's worth dependent on coin' price, it's psychological reaction and not always true.

I can't tell you whether it'll go up or down, but JTO is overhyped imo at it's current $3+ price, yes it could still go on to $10+ value just because of hype and with the perk of probable bull market coming, aside from that if SOL rises which it's likely to, JTO will rise too.

But to me, it's not time to invest, if you have any it's time to sell, at least take part of profits out as comment just above mine said.

We'll see it's fair price in bear market.

Since Solana have raised to higher price many kinds of new coins launch from Solana network, PYTH, JTO and next moment JUP could be your note list coins for investing. I think many kinds of new coins of Solana network will publish on the next time regarding Sol coin have success back to higher price again since suddenly crashed to lower price last year.

EarnOnVictor

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Since Solana has performed so much beyond expectation, it has now been the subject of discussion why many are looking for means to make money around it just as the name is being mentioned in this topic.

That is not even the problem, but the issue is that projects and promises are not new in the crypto world, and I do not believe that it can start with this JTO and others, just enjoy the season and read your charts well. You have a good idea on your own but you are not the first, many have tried and people have been disappointed, so I wish you luck on this. All I know from my experience with the crypto world is that we should not trust anything and anyone's idea, but rather risk anything we think is worth risky for the sake of the return.

But this is certainly not a style that is so new to the crypto world or that people do not have much interest in. Instead, I will rather focus on the primary projects and their blockchains which I know, after all, they are already well-known and gaining little from them is better than losing everything with the project or a person I do not know.

MAAManda

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Q: What do you think about Solana tokens? Are they worth it?
A: If asked that, then we have to refer to the current conditions, referring to the current condition of the Solana ecosystem, then it's a good decision to make an entry (despite the fact that several times the Solana ecosystem has found their ecosystem exploited). So, are they worth it? It depends on what token you mean, if it's about meme tokens on the Solana network then the answer is big "NO", because it's only based on hype.

Quote from: livingfree on December 11, 2023, 02:19:22 PM

Don't get confused just because it has an airdrop, it could have been part of the marketing budget that they have so it's just to get attention or more people to get into their share and community.

True, it's part of marketing with the aim of getting the attention of the crypto public, but with this airdrop it will make the price of the $JTO token tend to be unstable in the initial phase, which might make the OP confused about whether to include $JTO in his alt portfolio or not.

kentrolla

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As far a my understanding goes any coin listed on Binance are better than other newly launched coins and it will surely go long term. But we need to consider this is bull run and even shot coins can perform well. I think we can give a try during bullrun and test it out during the correction phase. Even though I have mentioned that the coins listed on Binance are better than others and can go longer run but if we look at the darker side I mean those coins which has been delisted by Binance for example Nebilo, etc you will see they just liquidated millions of dollars of investors so it would be better to focus more on what the project has to offer instead of just exchange or ecosystem ots build in.

libert19

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For most people, coin's worth dependent on coin' price, it's psychological reaction and not always true.

I can't tell you whether it'll go up or down, but JTO is overhyped imo at it's current $3+ price, yes it could still go on to $10+ value just because of hype and with the perk of probable bull market coming, aside from that if SOL rises which it's likely to, JTO will rise too.

But to me, it's not time to invest, if you have any it's time to sell, at least take part of profits out as comment just above mine said.

We'll see it's fair price in bear market.

GreatArkansas

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For me, Solana ecosystem is good, just don't forget to take profits because in the past bull run when Solana also made their run, the price is really volatile and can go up in just short period of time, so for me, just take profits always because some tokens or projects there or even Solana could go up in just short period of time, then they can dump in just short period of time also.

nelson4lov

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Quote from: Best-mary on December 11, 2023, 12:19:29 AM

~Snipped

You know what makes me confused is that the coin that came in has an airdrop so I can't pinpoint if it is worth it to be an alt or not unlike other coins I know they started as presale or just launched in exchange I could easily just know whether or not if this coin would yield something tangible in the long run

AFAIK, Jito didn't have a presale but there was an airdrop backed by a liquidity plan on top exchanges. Jito only did well because Solana and it's ecosystem tokens are all the rage right now. If you're thinking of investing, keep in mind that Jito is the new kid on block and yet to undergo a solid market downturn.

Liquid staking is a huge infrastructural project regardless of the ecosystem — similar to how Lido had unlocked a lot of value for ETH staked on ETH Mainnet. That said, Jito is fundamentally good, it just needs the solana ecosystem to avoid another major fud event.

Adbitco

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I have came across some project that doesn't run any sale yet are listed in a tie 1 exchange and are comfortably doing well without any promotion or giveaway. They are self funded project and since no one has the token they list on whatever amount they want to list and people buys it, the project owner are in control of the market they are holding major allocation of their coin without anyone dumping it on them i think if most project adopts this methods it would really help in times of market control/manipulations.

What I will say is that since we are on bullrun all project seems to always be successful so if you must hold such coin/token you should be brave enough to know what to sell, basically I can't give an accurate results about what the future of that project would hold, so as a real investor you can spare like $50 or any amount you can seems to let go maybe you aren't in any haste of using that funds then watch out to know what is the outcome of the project.

Mate2237

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Any coin or airdrop project that one can't invest for a long term goal then it is not a cryptocurrency but Ponzi Scheme. And any coin in which Binance has listed it in their site means it will run long. So it is good to invest in it because you can even use p2p with Binance. You can sell and buy. All the coins in these season are on the bull market but today as Bitcoin price comes down every other coins prices are coming down. Even though it came as airdrop if it is doing well in the market then you don't have to be confused and fear but invest in it but remember the risk involved.

$crypto$

legendary

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Smart is not enough, there must be skills

Solana tokens and its ecosystem are hype now because some of the airdrops released are quite successful in the market at high prices, this makes their Dapps grow a few percent because users are using more solana dapps now because they want to hunt for the airdrops they want.

Actually I don't guarantee whether it's worth it or not, it depends on how you research it because with this hype you can get trapped, but if you are able to do a good analysis then you will find a decent token like JTO which has just been traded on the Binance market.

I'm pretty sure maybe Solana and its Ecosystem will continue to grow considering it will be altcoin season soon, this is just an opinion.

livingfree

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It's still new.

But basically, this is where many are thinking also if they're going to buy now because whoever gets first has the greater advantage. No doubt that a lot of SOL tokens have been doing well and even the meme coins from this network.

Don't get confused just because it has an airdrop, it could have been part of the marketing budget that they have so it's just to get attention or more people to get into their share and community.

cryptoaddictchie

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Quote from: Best-mary on December 11, 2023, 12:19:29 AM

You know what makes me confused is that the coin that came in has an airdrop so I can't pinpoint if it is worth it to be an alt or not unlike other coins I know they started as presale or just launched in exchange I could easily just know whether or not if this coin would yield something tangible in the long run

Jto tokens arent launch on presale or exchange by a sale type. They just list it but most of the supply circulating are from airdrops by staking their sol into jitosol. I did missed this one but hopefully can have anothet like that. I dont want to fomo but its really envy on the part of thosw who received tokens. Anyway will get our time, maybe there are other solana tokens on the go out there.

Best-mary

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Quote from: Publictalk792 on December 11, 2023, 01:48:00 AM

Dear friend this is the Crypto Market and there is anything can happen. The coin just catch the attention of people by its hype. Like we can see that Binance also listed this coin in innovation zone.
If you want to invest in this coin so I will recommend make more research about this coin. About its team. How it is developing and what is the purpose of this coin. And what are the plan of this project in future.
These are some points which you should keep in mind before investing in it.

Thank you mate. Seeing Jito Network as a major contributor to the Solana ecosystem through its JitoSOL liquid staking pool, and its collection of MEV products, I think it might go a long way but what I don't know is some came in as an hype if it will really do as said

Publictalk792

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Dear friend this is the Crypto Market and there is anything can happen. The coin just catch the attention of people by its hype. Like we can see that Binance also listed this coin in innovation zone.
If you want to invest in this coin so I will recommend make more research about this coin. About its team. How it is developing and what is the purpose of this coin. And what are the plan of this project in future.
These are some points which you should keep in mind before investing in it.

Best-mary

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So, from the article, https://www.bitget.com/research/articles/12560603801825
Several coins that did well this season got mentioned which I believe is kind of seem like it due to the season we are in right, and already have some like (Eth and Link), but this coin, JTO has gotten my attention not just the coin alone but the massive airdrop and some ongoing giveaways is what is attracting me to the coin. Aside from that, the features behind the project as well fascinates me. What do you guys think about this project? Do you think it will be good for a long-term holding or is it just the hype around it that is making the coin feel this important.

You know what makes me confused is that the coin came in has an airdrop, so I can't pinpoint if it is worth to be an alt or not. Unlike other coins I know they started as presale or just launched in exchanges (like Binance, Bybit and the rest) I could easily just know whether or not if this coin would yield something tangible in the long run. Because they don't have any hype, I can't say the same for JTO. What do you all think?

Edited; so you will understand my speculations

Topic: What do you think about Solana tokens? Are they worth it? (Read 500 times)