🚀 Solana (SOL) Poised for Crazy Rally to $1000 as Pantera Capital Injects $250M! 📈🔥
🔥Pantera Capital, a major player in the crypto world with $5.2 billion in assets, is making waves with its latest move. They are launching a campaign to collect discounted Solana (SOL) tokens from the bankrupt assets of crypto exchange FTX.
🔥What is the deal?
Investors are getting a chance to get SOL tokens at a whopping 39% discount from FTX assets or at a flat price of $59.95. But here's the catch: they will need to commit to a vesting period of up to four years.
🔥Why now?
With FTX looking to sell 41.1 million SOL tokens, worth a whopping $5.4 billion, Pantera sees a golden opportunity. And they are not alone – sources confirm that they have secured some major funding.
What's in it for investors?
🔥To join the party, investors need to commit a minimum of 25 million USD. Pantera plans to charge a 0.75% management fee and take a 10% performance cut.
The outstanding rise of $SOL 📈
SOL, currently trading at $147, has had a strong run, up 14% in the past 24 hours and skyrocketing 56% in the last month. But despite the stellar performance, it remains 43% below its all-time high of $259.
What's next?
Cryptocurrency analyst Altcoin Sherpa is bullish on $SOL, predicting it will break its previous ATH. With SOL potentially reaching $500 and even $1000, the excitement is palpable.