Analyst Bullish On This Solana-Based Meme Coin Amid Market Downturn

As the cryptocurrency market experiences a correction, a prominent analyst has identified a meme coin running on Solana

SOL/USD

+10.6%

+ Free Alerts that is showing promising signs.

The recent dip in the price of Solana, which has been attributed to a drop in the price of Bitcoin, has sparked concerns among investors. The sentiment surrounding Bitcoin’s downturn has the potential to impact other cryptocurrencies, including those operating on the Solana blockchain.However, Macro Guru Raoul Pal revealed a significant reallocation of his digital asset portfolio, favoring Solana over other cryptocurrencies, including Ethereum. This shift in the investment landscape has raised eyebrows and caused a stir in the cryptocurrency community.

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