kryptoFr3ak
Open Trade
Occasional Trader
2.2 Years
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Quotes
Haven't seen green numbers in a long time
Will this day come again when crypto is in the green?! -50% everything has gone down.. Just sad. Decentralization nonsense! Making Bitcoin independent 😂😂 a Trump does what he wants with the whole crypto!!!
$TRX Honestly, Tron is the only coin that hasn't had such large losses. Solana has lost half, Doge.. BTC 30K and Tron? 0.05 cents I think that tells us something :) Tron 🤌💰💰
$SOL BRAVO up to 5$ !🥵🥵🥵
$XEC I will NEVER sell it!
Only at $1 per XEC :) 🤗💰 Year 2041
Thanx!
Only at $1 per XEC :) 🤗💰 Year 2041
Thanx!
PI Network
The future of Pi Network is a topic that is being intensely discussed in the crypto community. There are both optimistic and cautious assessments. Here are some key aspects that could influence the future of Pi Network:
**Potential factors for positive development:**
* **Large user base:**
* Pi Network has built an impressive user base, which represents significant potential for the adoption and use of the currency.
* An active and engaged community can form the basis for a successful ecosystem.
**Potential factors for positive development:**
* **Large user base:**
* Pi Network has built an impressive user base, which represents significant potential for the adoption and use of the currency.
* An active and engaged community can form the basis for a successful ecosystem.
#solanAnalysis
Dear Binanciens, it is true that Solana has faced some challenges in the recent past. These situations have led to fluctuations in the price and concerns within the crypto community. Here are some of the critical aspects contributing to the current situation:
Key Factors:
Market Volatility:
Like the entire crypto market, Solana is also susceptible to significant price fluctuations. This volatility can be triggered by various factors, including general market trends, news, and sentiment.
Network Stability:
Solana has had issues with network congestion and outages in the past. These problems have raised concerns about the reliability of the network.
Dependence on Meme Coins:
Part of Solana's recent upswing has been driven by the hype surrounding meme coins. This type of hype can be very speculative and volatile, leading to rapid price fluctuations.
Token Unlocks:
Scheduled token unlocks can further impact the price, as more tokens enter circulation.
Technical Support:
It is important to monitor the technical support and resistance lines, as these lines often represent very critical points.
These factors have led to fluctuations in the price of Solana.
They have also raised concerns about the long-term stability and potential of Solana.
Key Considerations:
The crypto market is inherently volatile, and price fluctuations are normal.
Solana is working to address the issues with network stability.
The long-term outlook for Solana depends on its ability to overcome these challenges and further develop its technology.
It is important to remember that investing in cryptocurrencies carries risks. It is advisable to do thorough research and only invest money that one can afford to lose.
DYOR!
$SOL
Dear Binanciens, it is true that Solana has faced some challenges in the recent past. These situations have led to fluctuations in the price and concerns within the crypto community. Here are some of the critical aspects contributing to the current situation:
Key Factors:
Market Volatility:
Like the entire crypto market, Solana is also susceptible to significant price fluctuations. This volatility can be triggered by various factors, including general market trends, news, and sentiment.
Network Stability:
Solana has had issues with network congestion and outages in the past. These problems have raised concerns about the reliability of the network.
Dependence on Meme Coins:
Part of Solana's recent upswing has been driven by the hype surrounding meme coins. This type of hype can be very speculative and volatile, leading to rapid price fluctuations.
Token Unlocks:
Scheduled token unlocks can further impact the price, as more tokens enter circulation.
Technical Support:
It is important to monitor the technical support and resistance lines, as these lines often represent very critical points.
These factors have led to fluctuations in the price of Solana.
They have also raised concerns about the long-term stability and potential of Solana.
Key Considerations:
The crypto market is inherently volatile, and price fluctuations are normal.
Solana is working to address the issues with network stability.
The long-term outlook for Solana depends on its ability to overcome these challenges and further develop its technology.
It is important to remember that investing in cryptocurrencies carries risks. It is advisable to do thorough research and only invest money that one can afford to lose.
DYOR!
$SOL
#WhiteHouseCryptoSummit
The Crypto Summit at the White House, also known as #WhitehouseCryptoSummit, is a significant event that could shape the future of cryptocurrency policy in the United States. Here is a summary of the key aspects:
**Purpose and Goals:**
* The summit brings together leading figures from the crypto industry, policymakers, and regulators to discuss important issues related to digital assets.
* The main objectives include creating regulatory clarity, promoting innovation, ensuring consumer protection, and combating illegal activities in the crypto space.
* The summit is expected to lead to concrete policy recommendations and regulatory measures.
* **Regulatory Clarity:**
* Participants will address the need for a clear and uniform regulatory framework for cryptocurrencies.
* This includes clarifying the jurisdictions of various regulatory authorities and developing rules for crypto exchanges, stablecoins, and other digital assets.
* **Innovation and Competitiveness:**
* The summit will focus on how the United States can foster innovation in the crypto space and maintain its competitiveness in the global market.
* This includes promoting research and development in blockchain technology and supporting startups in the crypto sector.
* **Consumer Protection:**
* Participants will discuss strategies to combat fraud and manipulation in the crypto market.
* This includes developing measures to protect investors from risky or fraudulent crypto projects.
* **National Security:**
* The summit will also address the risks associated with the use of cryptocurrencies for money laundering, terrorism financing, and other illegal activities.
The Crypto Summit at the White House, also known as #WhitehouseCryptoSummit, is a significant event that could shape the future of cryptocurrency policy in the United States. Here is a summary of the key aspects:
**Purpose and Goals:**
* The summit brings together leading figures from the crypto industry, policymakers, and regulators to discuss important issues related to digital assets.
* The main objectives include creating regulatory clarity, promoting innovation, ensuring consumer protection, and combating illegal activities in the crypto space.
* The summit is expected to lead to concrete policy recommendations and regulatory measures.
* **Regulatory Clarity:**
* Participants will address the need for a clear and uniform regulatory framework for cryptocurrencies.
* This includes clarifying the jurisdictions of various regulatory authorities and developing rules for crypto exchanges, stablecoins, and other digital assets.
* **Innovation and Competitiveness:**
* The summit will focus on how the United States can foster innovation in the crypto space and maintain its competitiveness in the global market.
* This includes promoting research and development in blockchain technology and supporting startups in the crypto sector.
* **Consumer Protection:**
* Participants will discuss strategies to combat fraud and manipulation in the crypto market.
* This includes developing measures to protect investors from risky or fraudulent crypto projects.
* **National Security:**
* The summit will also address the risks associated with the use of cryptocurrencies for money laundering, terrorism financing, and other illegal activities.
$USDC
Important aspects of USDC:
Peg to the US Dollar:
USDC is issued by Circle and is designed to be pegged to the US Dollar at a 1:1 ratio.
This means that for every USDC in circulation, a corresponding US Dollar should be held in reserve.
Reserves:
The reserves of USDC consist of cash and short-term US government bonds.
The composition of these reserves is an important factor for the stability of USDC.
Use cases:
USDC is used for various purposes, including:
Trading on cryptocurrency exchanges
Remittances
Decentralized Finance (DeFi)
As a stable store of value in the crypto space.
Transparency:
Circle values transparency and regularly publishes reports on the reserves of USDC.
Key points:
USDC aims to bring the stability of the US Dollar into the world of cryptocurrencies.
The reserves are crucial for maintaining the peg to the US Dollar.
USDC is available on various blockchain networks.
I hope this information is helpful.
Important aspects of USDC:
Peg to the US Dollar:
USDC is issued by Circle and is designed to be pegged to the US Dollar at a 1:1 ratio.
This means that for every USDC in circulation, a corresponding US Dollar should be held in reserve.
Reserves:
The reserves of USDC consist of cash and short-term US government bonds.
The composition of these reserves is an important factor for the stability of USDC.
Use cases:
USDC is used for various purposes, including:
Trading on cryptocurrency exchanges
Remittances
Decentralized Finance (DeFi)
As a stable store of value in the crypto space.
Transparency:
Circle values transparency and regularly publishes reports on the reserves of USDC.
Key points:
USDC aims to bring the stability of the US Dollar into the world of cryptocurrencies.
The reserves are crucial for maintaining the peg to the US Dollar.
USDC is available on various blockchain networks.
I hope this information is helpful.
Update March 2025
Crypto overview by Kryptofr3ak
Latest and unfortunately constantly repeating charts...
Volatility remains a defining characteristic:
The crypto market continues to experience significant price fluctuations, highlighting the inherent volatility of digital assets. Factors such as news, market sentiment, and macroeconomic events contribute to these fluctuations.
Trump, Ukraine war...
Institutional acceptance is increasing:
More and more institutional investors are showing interest in cryptocurrencies, which strengthens the legitimacy of the market. This development leads to increased liquidity and potentially a more stable market environment.
Latest and unfortunately constantly repeating charts...
Volatility remains a defining characteristic:
The crypto market continues to experience significant price fluctuations, highlighting the inherent volatility of digital assets. Factors such as news, market sentiment, and macroeconomic events contribute to these fluctuations.
Trump, Ukraine war...
Institutional acceptance is increasing:
More and more institutional investors are showing interest in cryptocurrencies, which strengthens the legitimacy of the market. This development leads to increased liquidity and potentially a more stable market environment.
Unfortunately, if Trump continues with his politics as before, we can all delete our crypto wallets and leave it at that. He has managed in 5 weeks with his political actions and sanctions against other countries to make the entire crypto market weaker day by day, and all investors are pulling back their crypto holdings.
Many are forced to sell and have suffered significant losses! Anyone with a sound mind reacts exactly like this, but unfortunately for us small investors, this is a catastrophe from which we will need much more time to recover!
Please people, be careful, and hold your positions, make no mistakes. Now is not the time to buy or sell. Just wait and hold! Or even convert to stable coins and wait!
This is not a political post or attack, it is just my opinion and an attempt to provide some help for many new investors who think this is the right time to invest in crypto.
NO, that is WRONG. Wait!
Thank you, and good luck to us all!
Make Love not War!! May there be peace everywhere on our planet Earth 🫶
Let's make money again soon!!
#DOGE #SOL #BTC #XRP #SHIBA
Many are forced to sell and have suffered significant losses! Anyone with a sound mind reacts exactly like this, but unfortunately for us small investors, this is a catastrophe from which we will need much more time to recover!
Please people, be careful, and hold your positions, make no mistakes. Now is not the time to buy or sell. Just wait and hold! Or even convert to stable coins and wait!
This is not a political post or attack, it is just my opinion and an attempt to provide some help for many new investors who think this is the right time to invest in crypto.
NO, that is WRONG. Wait!
Thank you, and good luck to us all!
Make Love not War!! May there be peace everywhere on our planet Earth 🫶
Let's make money again soon!!
#DOGE #SOL #BTC #XRP #SHIBA
Unfortunately, if Trump continues with his politics as before, we can all delete our crypto wallets and be done with it. He has managed in 5 weeks with his political actions and sanctions against other countries to make the entire crypto market weaker day by day, and all investors are pulling back their crypto holdings.
Many are forced to sell and have suffered significant losses! Anyone with common sense reacts exactly this way, but unfortunately for us small investors, this is a catastrophe from which we need much more time to recover!
Please folks, be careful and hold your positions, make no mistakes. Now is not the time to buy or sell. Just wait and hold! Or even convert into stable coins and wait!
This is not a political post or attack, it is just my opinion and an attempt to provide some help for many new investors who think this is the right time to invest in crypto.
NO, that is WRONG. Wait it out!
Thank you, and good luck to us all!
Make Love not War!! May there be peace everywhere on our planet Earth 🫶
Let’s make 💰 again soon!!
#DOGE #SOL #BTC #XRP #SHIBA
Many are forced to sell and have suffered significant losses! Anyone with common sense reacts exactly this way, but unfortunately for us small investors, this is a catastrophe from which we need much more time to recover!
Please folks, be careful and hold your positions, make no mistakes. Now is not the time to buy or sell. Just wait and hold! Or even convert into stable coins and wait!
This is not a political post or attack, it is just my opinion and an attempt to provide some help for many new investors who think this is the right time to invest in crypto.
NO, that is WRONG. Wait it out!
Thank you, and good luck to us all!
Make Love not War!! May there be peace everywhere on our planet Earth 🫶
Let’s make 💰 again soon!!
#DOGE #SOL #BTC #XRP #SHIBA
$1000CHEEMS meme Coin from Shiba better than Shiba itself! Well wonderful 😱
Dear small investors! Times are over as long as Trump is president with Elon on his side, Binance and the whole crypto world where the US government has influence is lost money! Please be careful with your investment, do not buy altcoins not now and under no circumstances BTC! Play with memes and invest in what you can afford to lose! Buy Solana only when it falls below 50$ or when it holds its price for at least 1 month. Everything is messed up. Everything is being controlled and these are the times when powerful people and countries make money and small investors are robbed. How can BTC or Solana be so much in the plus and a few hours later in the minus?! Without 🐳 manipulation, without the Trump government, without Elon?! Where has reality gone?! This is a disaster!!!
Good luck and be vigilant, now is NOT the time for purchases, just wait.. DO NOT sell, DO NOT buy.. Just WAIT!
God be with us!
Good luck and be vigilant, now is NOT the time for purchases, just wait.. DO NOT sell, DO NOT buy.. Just WAIT!
God be with us!
Unfortunately, year '25 is complete garbage! We can hope for recovery in '26! Because that stupid Trump is also very interested in war instead of money like before! Elon, what are you doing there?!
Quoted content has been removed
I could 😭
SOLANA GOING UP TO 3.45$ ALL OF THEM 11.2MIL WANNA BE SOLD TOMORROW! AND CASH OUT 2 MLRD DOLLAR
Tomorrow solona will enter a death spiral?
Recent reports indicate that Solana (SOL) is approaching a significant token unlock event, with approximately 11.2 million SOL tokens—valued at around $2 billion—set to enter circulation. This influx, constituting about 2.4% of the current circulating supply, is scheduled for release tomorrow, February 28, 2025.
Such substantial token unlocks can lead to increased selling pressure, as early investors and insiders may choose to liquidate their holdings. This potential surge in supply has raised concerns about a possible sharp decline in SOL's price, with some analysts suggesting it could drop to $90 if the selling pressure intensifies.
In anticipation of this event, notable market participants are making strategic moves. For instance, Wintermute, a prominent crypto market maker, recently withdrew $40 million in SOL from Binance, possibly preparing for market volatility associated with the token unlock.
Currently, SOL is trading at approximately $137.97, with an intraday high of $142.26 and a low of $130.15.
To navigate this period of potential volatility, investors might consider the following steps:
Stay Informed: Regularly monitor official Solana channels and reputable news sources for updates on the token unlock and market reactions.
Assess Risk Tolerance: Evaluate your investment goals and determine how much exposure to SOL aligns with your risk appetite.
Diversify Holdings: Reducing concentration in a single asset can help mitigate potential losses during periods of high volatility.
Utilize Stop-Loss Orders: Setting predetermined sell orders can help protect against unexpected sharp declines in asset value.
#sol
Recent reports indicate that Solana (SOL) is approaching a significant token unlock event, with approximately 11.2 million SOL tokens—valued at around $2 billion—set to enter circulation. This influx, constituting about 2.4% of the current circulating supply, is scheduled for release tomorrow, February 28, 2025.
Such substantial token unlocks can lead to increased selling pressure, as early investors and insiders may choose to liquidate their holdings. This potential surge in supply has raised concerns about a possible sharp decline in SOL's price, with some analysts suggesting it could drop to $90 if the selling pressure intensifies.
In anticipation of this event, notable market participants are making strategic moves. For instance, Wintermute, a prominent crypto market maker, recently withdrew $40 million in SOL from Binance, possibly preparing for market volatility associated with the token unlock.
Currently, SOL is trading at approximately $137.97, with an intraday high of $142.26 and a low of $130.15.
To navigate this period of potential volatility, investors might consider the following steps:
Stay Informed: Regularly monitor official Solana channels and reputable news sources for updates on the token unlock and market reactions.
Assess Risk Tolerance: Evaluate your investment goals and determine how much exposure to SOL aligns with your risk appetite.
Diversify Holdings: Reducing concentration in a single asset can help mitigate potential losses during periods of high volatility.
Utilize Stop-Loss Orders: Setting predetermined sell orders can help protect against unexpected sharp declines in asset value.
#sol
Everyone will sell! And SOL drops down to €3.45
FTX's Solana (SOL) Unlock: Breakdown of the March 1, 2025, Release and Unrealized Profits
The crypto community is closely watching the upcoming unlock of 11.2 million Solana (SOL) tokens from the FTX bankruptcy auction. With a total of 41 million SOL sold to institutional investors such as Galaxy Digital, Pantera Capital, and Figure, this release could impact Solana’s market dynamics. Here’s a detailed breakdown of how the unlock will be distributed among these major buyers and their unrealized profits at the current price of $130 per SOL.
Who Bought the Locked SOL?
During FTX’s bankruptcy proceedings, Solana holdings were auctioned off in different tranches:
- Galaxy Digital: 25.52 million SOL at $64 per token
- Pantera Capital: 13.67 million SOL at $95 per token
- Figure: 1.8 million SOL at $102 per token
- Total Sold: 41 million SOL
These tokens are subject to a four-year vesting schedule, meaning they are gradually unlocked over time. The March 1, 2025 unlock is just one part of this process, releasing 11.2 million SOL.
How Much SOL Will Each Firm Unlock?
The 11.2 million SOL release will be distributed proportionally based on each firm’s total holdings:
- Galaxy Digital (62.2% of total SOL sold) → ~6.96 million SOL
- Pantera Capital (33.3%) → ~3.73 million SOL
- Figure (4.4%) → ~0.49 million SOL
Unrealized Profits at $130 per SOL
If we calculate the unrealized profits based on the current price of $130 per SOL, we get the following:
Galaxy Digital (Bought at $64, Unlocking 6.96M SOL)
- Purchase Price: $64 per SOL
- Current Price: $130 per SOL
- Profit per SOL: $130 - $64 = $66
- Total Unrealized Profit: $66 × 6.96M = $459.36M
Pantera Capital (Bought at $95, Unlocking 3.73M SOL)
- Purchase Price: $95 per SOL
- Current Price: $130 per SOL
- Profit per SOL: $130 - $95 = $35
- Total Unrealized Profit: $35 × 3.73M = $130.55M
Figure (Bought at $102, Unlocking 0.49M SOL)
- Purchase Price: $102 per SOL
- Current Price: $130 per SOL
- Profit per SOL: $130 - $102 = $28
- Total Unrealized Profit: $28 × 0.49M = $13.72M
Total Unrealized Profit from the March 1 Unlock
Adding up all three firms’ profits:
- Galaxy Digital: $459.36M
- Pantera Capital: $130.55M
- Figure: $13.72M
- Total: $603.63M
This means that if the firms were to sell immediately at $130 per SOL, they would collectively make an unrealized profit of over $600 million just from this unlock alone.
Market Impact of the Unlock
With over half a billion dollars in unrealized profits on the table, the key question is:
- Will these institutional holders sell immediately, adding selling pressure?
- Or will they hold and wait for better market conditions?
Historically, large unlocks can create volatility, but they don’t always lead to a price drop—especially if demand from buyers matches or exceeds the unlocked supply.
Final Thoughts
The March 1, 2025 unlock is a significant event for Solana’s market. Understanding how these institutional allocations and profits work can help traders make informed decisions. Stay tuned for further developments as more tranches of SOL get unlocked in the future.
What do you think? Will this unlock lead to a price dip, or will Solana absorb the impact smoothly? Drop your thoughts in the comments!
#FTXAuction #BTCDipOrRebound #Liquidations $BTC $ETH $SOL
Who Bought the Locked SOL?
During FTX’s bankruptcy proceedings, Solana holdings were auctioned off in different tranches:
- Galaxy Digital: 25.52 million SOL at $64 per token
- Pantera Capital: 13.67 million SOL at $95 per token
- Figure: 1.8 million SOL at $102 per token
- Total Sold: 41 million SOL
These tokens are subject to a four-year vesting schedule, meaning they are gradually unlocked over time. The March 1, 2025 unlock is just one part of this process, releasing 11.2 million SOL.
How Much SOL Will Each Firm Unlock?
The 11.2 million SOL release will be distributed proportionally based on each firm’s total holdings:
- Galaxy Digital (62.2% of total SOL sold) → ~6.96 million SOL
- Pantera Capital (33.3%) → ~3.73 million SOL
- Figure (4.4%) → ~0.49 million SOL
Unrealized Profits at $130 per SOL
If we calculate the unrealized profits based on the current price of $130 per SOL, we get the following:
Galaxy Digital (Bought at $64, Unlocking 6.96M SOL)
- Purchase Price: $64 per SOL
- Current Price: $130 per SOL
- Profit per SOL: $130 - $64 = $66
- Total Unrealized Profit: $66 × 6.96M = $459.36M
Pantera Capital (Bought at $95, Unlocking 3.73M SOL)
- Purchase Price: $95 per SOL
- Current Price: $130 per SOL
- Profit per SOL: $130 - $95 = $35
- Total Unrealized Profit: $35 × 3.73M = $130.55M
Figure (Bought at $102, Unlocking 0.49M SOL)
- Purchase Price: $102 per SOL
- Current Price: $130 per SOL
- Profit per SOL: $130 - $102 = $28
- Total Unrealized Profit: $28 × 0.49M = $13.72M
Total Unrealized Profit from the March 1 Unlock
Adding up all three firms’ profits:
- Galaxy Digital: $459.36M
- Pantera Capital: $130.55M
- Figure: $13.72M
- Total: $603.63M
This means that if the firms were to sell immediately at $130 per SOL, they would collectively make an unrealized profit of over $600 million just from this unlock alone.
Market Impact of the Unlock
With over half a billion dollars in unrealized profits on the table, the key question is:
- Will these institutional holders sell immediately, adding selling pressure?
- Or will they hold and wait for better market conditions?
Historically, large unlocks can create volatility, but they don’t always lead to a price drop—especially if demand from buyers matches or exceeds the unlocked supply.
Final Thoughts
The March 1, 2025 unlock is a significant event for Solana’s market. Understanding how these institutional allocations and profits work can help traders make informed decisions. Stay tuned for further developments as more tranches of SOL get unlocked in the future.
What do you think? Will this unlock lead to a price dip, or will Solana absorb the impact smoothly? Drop your thoughts in the comments!
#FTXAuction #BTCDipOrRebound #Liquidations $BTC $ETH $SOL
this is totally unfair and unacceptable! disgrace 😱
David_John
·
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🔥 PI MINERS—IS THIS HOW IT ENDS? 🔥
For SIX YEARS, we’ve mined. We’ve believed. We’ve built a community from the ground up. And now? A huge chunk of our hard-earned Pi might vanish—burned forever.
Why? Because some referrals haven’t completed KYC. Not our fault. Not our choice. But our loss?
Imagine waking up one day to see a massive portion of your mined Pi gone. Just like that. No reward for loyalty. No appreciation for years of dedication.
This isn’t just about tokens. It’s about trust. It’s about the countless hours, the hope, the commitment we’ve poured into this project.
🔥 Should the #PiCoreTeam rethink this?
🔥 Should miners be penalized for an incomplete KYC system?
🔥 Should loyalty be met with loss—or recognition?
This isn’t just another crypto update. This is about us—the Pioneers who made Pi what it is today.
If you believe in fairness, speak up. Tag the #PiCoreTeam. Let them know our time, our loyalty, our Pi—MATTERS.
💬 Drop your thoughts below. Let’s make some noise.
#BybitForensics #BinanceAlphaAlert #BinanceLaunchpoolRED #TraderProfile #SBF1stTweetIn2Yrs
For SIX YEARS, we’ve mined. We’ve believed. We’ve built a community from the ground up. And now? A huge chunk of our hard-earned Pi might vanish—burned forever.
Why? Because some referrals haven’t completed KYC. Not our fault. Not our choice. But our loss?
Imagine waking up one day to see a massive portion of your mined Pi gone. Just like that. No reward for loyalty. No appreciation for years of dedication.
This isn’t just about tokens. It’s about trust. It’s about the countless hours, the hope, the commitment we’ve poured into this project.
🔥 Should the #PiCoreTeam rethink this?
🔥 Should miners be penalized for an incomplete KYC system?
🔥 Should loyalty be met with loss—or recognition?
This isn’t just another crypto update. This is about us—the Pioneers who made Pi what it is today.
If you believe in fairness, speak up. Tag the #PiCoreTeam. Let them know our time, our loyalty, our Pi—MATTERS.
💬 Drop your thoughts below. Let’s make some noise.
#BybitForensics #BinanceAlphaAlert #BinanceLaunchpoolRED #TraderProfile #SBF1stTweetIn2Yrs
#MarketPullback
The price of Solana (SOL) has recently fallen for several reasons:
Decline in interest in meme coins:
Solana has greatly benefited from the popularity of meme coins in its network. A decline in interest in these speculative assets has negatively impacted the SOL price.
The trust in meme coins has been shaken, which also strongly affects Solana.
Decrease in network activity:
The number of active addresses in the Solana network has significantly decreased, indicating lower usage and transaction volume.
On-chain activity has declined.
General market weakness:
The entire cryptocurrency market is volatile, and general market trends also influence the price of SOL.
Macroeconomic factors also play a role.
Sales from large investors:
"Whales" (investors with large amounts of cryptocurrencies) can influence the price through large transactions.
It is important to note that the cryptocurrency market is very volatile and prices can fluctuate rapidly.
DYOR!
#DOGE #SHIBA #BTTC #solana
The price of Solana (SOL) has recently fallen for several reasons:
Decline in interest in meme coins:
Solana has greatly benefited from the popularity of meme coins in its network. A decline in interest in these speculative assets has negatively impacted the SOL price.
The trust in meme coins has been shaken, which also strongly affects Solana.
Decrease in network activity:
The number of active addresses in the Solana network has significantly decreased, indicating lower usage and transaction volume.
On-chain activity has declined.
General market weakness:
The entire cryptocurrency market is volatile, and general market trends also influence the price of SOL.
Macroeconomic factors also play a role.
Sales from large investors:
"Whales" (investors with large amounts of cryptocurrencies) can influence the price through large transactions.
It is important to note that the cryptocurrency market is very volatile and prices can fluctuate rapidly.
DYOR!
#DOGE #SHIBA #BTTC #solana
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