!!!Important Notice!!Important Notice!!
!!!Holders of SOL must read this!!!
The native token of Solana, SOL, has always been a hot topic, skyrocketing by 30% in a short time. Can the price stabilize above $200?
First, I bought SOL at $117 and made a position primarily because I am very optimistic about SOL's future development. However, in just three days, it has risen by 27%, touching the $200 mark. Trump has been elected, interest rate cuts and other positive factors have landed, and I do not recommend chasing the price increase now.
The recent price increase of $SOL is mainly due to the surge in memecoins. The issuance of the Pump.fun token and platforms like the Raydium decentralized exchange (DEX) have gained significant boosts due to the frenzy around memecoins. However, broader developments within the Solana ecosystem are what will push the price of SOL up to the high of $200.
Another reason is that SOL's TVL reached $6.64 billion on November 7, a 22% increase from the previous month. Liquid staking, perpetual futures, lending, and leverage have all seen significant growth. As long as the chain continues to maintain this stable and sustained growth, the long-term price of SOL is expected to reach $500.
The above is the long-term advice; so what is the short-term advice? What should those who haven't entered yet do? When will there be an opportunity to get in?
So at what specific price point can we go all in? I will share this in the comments section later, or you can click on Zhuye to follow and get the introduction to find out first.
Recently, I have been setting up for a potential coin that is about to explode with a short-term gain of 30%-60%, along with some potential coins that could grow 5-10 times by the end of the year. Come find me, and I will lead you to success; you just need to relax. Leave a message with 888, follow, like, and I'll give you a freebie!!!