The analysis of Solana's (SOL) price includes studying the current trend, support and resistance levels, as well as technical indicators. Here is what the current market dynamics show:
1. Current Situation
• Price: ~$235.08. • Trend: Solana continues to rise after its recent historical high of ~$257. This indicates strong bullish sentiment in the market.
🔴 $BOND GAME OVER 🔴 BOND has experienced a sharp decline, hitting an all-time low of $1.49 after the announcement of its delisting from Binance. This has significantly impacted the token’s value, causing a swift drop as investor confidence waned. The all-time high for BOND was $75 in 2021, and while there may be potential for future growth after years but who can wait for decades which has no guarantee , the immediate outlook is uncertain. Holders of BOND are now faced with the decision to hold or sell at a loss, as the timeline for any potential recovery is unpredictable currently its fell below 99% since its ATH. Same destiny will be shared by $MDX $POLS and $DOCK
I saw many people still shilling this token and telling blindly to people to buy the DIP since it's almost 96% down from it's #ATH
The Proect is dead and here's why:
'BarnBridge DAO Agrees to Stop Unregistered Offer and Sale of Structured Finance Crypto Product' - SecGov
⏭️ BarnBridge agreed to disgorge nearly $1.5 million of proceeds from the sales and Tyler Ward and Troy Murray each agreed to pay a $125,000 civil penalties.
They will pay more than $1.7 million to settle charges that they failed to register BarnBridge’s offer and sale of structured crypto asset securities known as SMART Yield bonds.
⏭️ The #SEC orders reference remedial actions initiated by Ward and Murray
⏭️ it happened last December 2023, till now there's no update or news. Not even confirmation or even denying. Dead project that was abandoned.
⏭️ Possible to be delisted on Multiple CEXs as it will not meet the requirements exchange safety requirements.