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Crypto-DSN
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Mentality, analysis, conviction, consistency 🚀
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Another great project that has been resisting for some time now, but with the weekly timeframe is showing that the resistance will be break, considering the current market conditions and with the prices of $BTC rounding the $94k-$96k is giving parallel signs for all the market with some exceptions that may be giving false signals or pumps, you know by now how this works. Back to WOO, this surge can be related to many friends getting them via airdrop for setting their BNSOL to earn, BNSOL being the immediate rewards when staking Solana, so, a win win scenario that will last till the last day of this year. And with some other projects for staking SOL this will be a mechanism to support new coins with further airdrops such as OM for the month of January 2025. For the time being, I can only expect WOO to keep it up to the rise.
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Awesome, just when they’re showing red numbers don’t panic, don’t sell at a loss, DYOR, diversification on your portfolio is risk management will give you great rewards. 🚀
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BNSOL is your staked SOL rewards (this includes your SOL and the earnings for staking hence the price), if you sell or convert your BNSOL rewards you lose both SOL and rewards.
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Yes, everything you do at some point and price will be affected in a negative or positive outcome depending on the market prices fluctuations, suggest you understand T&C’s
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