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$BTC Are you afraid of losing because of market down?
Read this if you are new to crypto world!
People will say buy the dip. But this is not the dip what we are talking about. All the price could go down 20% below and good time to buy BTC is below $70K. Don’t get emotionally trade and FOMO.
#DYOR $ETH
Read this if you are new to crypto world!
People will say buy the dip. But this is not the dip what we are talking about. All the price could go down 20% below and good time to buy BTC is below $70K. Don’t get emotionally trade and FOMO.
#DYOR $ETH
$ETH Guys as I told you before now ETH couldn’t break $4000 technical point and psychology price. We will gonna see 20-30% pull back in next 5-10 weeks.
#DYOR
#DYOR
$ETH If the price doesn’t break through above $3800 after closing weekly candle. We will likely see a pull back.
Remember to take your profit. Trade with caution!
$BTC
Remember to take your profit. Trade with caution!
$BTC
$ETH We are one the Edge of glory.
Be cautious and careful. Don’t need to rush to buy or sell. Wait a little longer and you’ll see where we headed.
#DYOR* #Write2Erarn
$BTC $BNB
Be cautious and careful. Don’t need to rush to buy or sell. Wait a little longer and you’ll see where we headed.
#DYOR* #Write2Erarn
$BTC $BNB
$SOL High alert 🚨 🔻🚨🔻
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CoinMarketCap
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Solana Price Retrace but Network Activity Remains At Highs
Solana Price Retrace But Network Activity Remains at Highs
Solana's native token, SOL, has experienced an impressive surge of 69% over the past month, reaching a high of $208 on March 18. However, SOL fell by over 16% since March 18, amidst a wider crypto market dip. SOL has since bounced from the $170 mark, a significant support level for SOL. With Bitcoin struggling to maintain levels above $70,000, speculation about an altcoin season has arisen, creating both bullish and bearish arguments.
Over the past month, Solana-based memecoins like Dogwifhat (WIF) and Bonk (BONK) experienced significant rallies, leading to a surge in memecoin trading on the network. Solana benefited from the increased activity, with a surge in volume and active addresses engaging with its DApps. Notably, the decentralized exchange (DEX) daily trading volume on Solana has managed to surpass Ethereum on various days. The latest surge in activity was driven by the frenzy surrounding memecoins presales, particularly the launch of Book of Meme (BOME) and Slerf (SLERF), which generated billions in trading volume days after launching.
However, critics of Solana point out that the increased demand for the network has led to higher fees and more failed transactions. Validators experienced delays of up to 40 seconds on March 16, resulting in nearly half of the transactions failing within a 20-minute span.
Furthermore, analysts raise concerns about the significant issuance of tokens to cover Solana's validator costs, which inflates the supply of SOL. Additionally, the large number of tokens held by the bankrupt FTX exchange's estate poses a potential risk of sell-offs in the near future.
Solana's native token, SOL, has experienced an impressive surge of 69% over the past month, reaching a high of $208 on March 18. However, SOL fell by over 16% since March 18, amidst a wider crypto market dip. SOL has since bounced from the $170 mark, a significant support level for SOL. With Bitcoin struggling to maintain levels above $70,000, speculation about an altcoin season has arisen, creating both bullish and bearish arguments.
Over the past month, Solana-based memecoins like Dogwifhat (WIF) and Bonk (BONK) experienced significant rallies, leading to a surge in memecoin trading on the network. Solana benefited from the increased activity, with a surge in volume and active addresses engaging with its DApps. Notably, the decentralized exchange (DEX) daily trading volume on Solana has managed to surpass Ethereum on various days. The latest surge in activity was driven by the frenzy surrounding memecoins presales, particularly the launch of Book of Meme (BOME) and Slerf (SLERF), which generated billions in trading volume days after launching.
However, critics of Solana point out that the increased demand for the network has led to higher fees and more failed transactions. Validators experienced delays of up to 40 seconds on March 16, resulting in nearly half of the transactions failing within a 20-minute span.
Furthermore, analysts raise concerns about the significant issuance of tokens to cover Solana's validator costs, which inflates the supply of SOL. Additionally, the large number of tokens held by the bankrupt FTX exchange's estate poses a potential risk of sell-offs in the near future.