SLN is a very interesting coin. It has fallen about tenfold from its high point, and even the most determined holders have been washed away. This project mainly deals with smart contracts, and the official Twitter mentioned that there will be a major update tomorrow, but it is not clear what it is.
At present, the trading volume of $SLN is very low, and the chips are almost washed out, which is an oversold coin. The project party may be buying back chips at the bottom. Since I started talking about SLN yesterday, the price has risen by about 20%.
The current market value is only $13.8 million, and the previous financing reached $12 million, which has entered the institutional chip range. The 24-hour trading volume has also begun to rise, and it is obvious that someone is collecting chips.
Low market value + low circulation + high trading volume = rising market
0xDb82c0d91E057E05600C8F8dc836bEb41da6df14
