💸🚀 Solana (SOL) is about to hit $1000 as Pantera Capital injects $250 million! 📈💥
🔥Pantera Capital, a major player in the cryptocurrency world with $5.2 billion in assets, is making waves with its latest move. They are launching a campaign to obtain discounted Solana (SOL) tokens from the bankrupt estate of the FTX crypto exchange.
What is the deal?
Investors have the opportunity to purchase SOL tokens at a huge discount of 39% of FTX equity or at a fixed price of $59.95. But here's the problem: They'll have to commit to a vesting period of up to four years.
Because right now?
With FTX looking to offload its 41.1 million SOL tokens, valued at a whopping $5.4 billion, Pantera sees a golden opportunity. And they are not alone: sources confirm that they have already obtained significant funds.
What's in it for investors?
To join the party, investors must commit a minimum of $25 million. Pantera plans to charge a 0.75% management fee and a 10% performance cut.
The stellar rise of $SOL 📈
SOL, currently trading at $147, has been on a wild ride, rising 14% in the last 24 hours and a whopping 56% in the last month. But despite its stellar performance, it is still 43% below its all-time high of $259.
Whats Next?
Altcoin crypto analyst Sherpa is bullish on $SOL and predicts that it will crush its previous ATH. With SOL potentially reaching $500 and even $1000, the excitement is palpable. Keep an eye out for that $170 mark – it could be the next big milestone!🎉
