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Solana DEX Volume: The Real Story đđ
Don't fall for the #FUD ! đš Solana isn't dying; it's thriving! đ± While some claim #Solana chain DEX volumes are at all-time lows, the truth paints a different picture. đš
đ Reality Check: Current Solana DEX volumes are actually higher than in February 2024! Yes, there's been a dip from the all-time high, but guess what? That's the market cycle for you, not just #SOL . đâĄïžđ
đ Down only 30% from its ATH, $SOL performance mirrors the broader crypto trends, not an isolated decline. This is not the end; it's just a phase.
đ Stay Informed: Data can be twisted, but numbers don't lie when you look at them right. Solana's ecosystem continues to grow, innovate, and attract developers and traders alike.
Don't fall for the #FUD ! đš Solana isn't dying; it's thriving! đ± While some claim #Solana chain DEX volumes are at all-time lows, the truth paints a different picture. đš
đ Reality Check: Current Solana DEX volumes are actually higher than in February 2024! Yes, there's been a dip from the all-time high, but guess what? That's the market cycle for you, not just #SOL . đâĄïžđ
đ Down only 30% from its ATH, $SOL performance mirrors the broader crypto trends, not an isolated decline. This is not the end; it's just a phase.
đ Stay Informed: Data can be twisted, but numbers don't lie when you look at them right. Solana's ecosystem continues to grow, innovate, and attract developers and traders alike.
This unspeakable fairy tale that Israel and Iran are the cause of this #flashcrash makes me smile. The main reason for this crash, which was largely triggered by automated sell orders, is the interest rate policy of the Japanese central bank and the withdrawal of Japanese investors from foreign bonds. Not even Russia's illegal war triggered such reactions and now Israel is supposed to be able to crash the international markets, that's ridiculous. $BTC $ETH $SOL will bounce back significantly sooner or later, itâs not the first flash crash and it wonât be the last.
Because I was reading a lot about value of $SOL
This Price drop is not about over- or undervalue of $SOL Itâs about strategic trades and profit taking of whales. This drop is intentional for sure. Whales will buy in again when market is squeezed out enough and retail traders sell off their holdings as cheaply as possible in a panic movement.
This Price drop is not about over- or undervalue of $SOL Itâs about strategic trades and profit taking of whales. This drop is intentional for sure. Whales will buy in again when market is squeezed out enough and retail traders sell off their holdings as cheaply as possible in a panic movement.
#Solana crossed the $140 mark just seven days ago and then experienced a pullback to $105 within a very short period of time. Today, a week later, Solana breaks through the $150 mark and so far the support around $142 is holding very strongly against predictable sell-offs #Solana #Resistance #hodl
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