Solana Shooting Up In Price | AUM Inflow Hit $24m

avatar

image

It was as if there is really joy in chaos or is the bull run finally looking for a way to come to light even though we still think the bull run will be coming in 2024 or 2025 based on one tweet I also saw on tweet some month ago, the bear market have been here for a while now and many crypto users have been accumulating gradually due to the fall in market price while patiently waiting till the bull day to offload their tokens. I still remember how it was really juicy back in the days, everywhere green, different projects came to limelight while we ape in while some FOMO, some project fold up and some aren't worth it anymore.

Recently BTC have been trying to jerk back to life after ranging for a long while, moving to and fro from one price to another 24k-30k$ range there by pulling out some long and short position of those trying to scrape the market, when trying to learn how to trade, someone do tell me ranging market are always dangerous at times unless you master it really well. Some days ago, Btc did some green magic ( permit me to say it like that) by touching the 34-35k$ market price and at some point move back down to 30k in a twinkle of an eye, just like the speed of light, many lost a lot before the price decided to sit around 34k$ till now.

I was checking out a whatsap crypto group today when everyone keep saying it is bull run time and I had to read further then noticed Sol token pump a little bit from 26$ to around 40$ within a week which is like 80% increase, I was wowed because a guy said he gave the call before the pump and I actually miss it, I had to look for the main reason and I could notice the crypto fund inflow in solana was really much around $24million which is now after Btc and this make the sudden pump.

Screenshot 2023-11-01 at 22.13.54.png

tweet

there are now different update going on based on the Technical analysis aspect, it really seems Solana doesn't care truly because after the fall and pump to 19$, there is some gradual movement happening since then till now, but there is likely it dump back to 30 before climbing up once more. Let see how this will really play out.

Posted Using InLeo Alpha



0
0
0.000
3 comments
avatar

Congratulations @valchiz! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 150000 upvotes.
Your next target is to reach 160000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Feedback from the November Hive Power Up Day
Hive Power Up Month Challenge - October 2023 Winners List
Be ready for the November edition of the Hive Power Up Month!
0
0
0.000