SOL RIDE - Where we have been and where we are going!
I am amazed how people are calling for massive SOL drops randomly without basis....
Back up - Look at the SOL history - NOT JUST PRICE - Fading SOL is a big mistake! SOL is not a mere MEME coin. This is a Facilitator Protocol that supports a whole universe of activity. SOL began with high valuation BECAUSE it seemed like a game changer that would make things 10,000 times faster - RIGHT OUT OF THE GATE!
Solana Labs has DELIVERED and the SOL universe continues to GROW. If SOL were a tree in the rain forrest it would be a massive ecosystem unto itself. HOWEVER - SOL like every single asset REAL or NOT in Crypto FOLLOWS BTC price action. Historically - When BTC went to 69k, SOL hit it's ATH of 260. A month before FTX scandal went mainstream Crypto Rumors sent BTC down to 15900 and SOL went down to 8.90! And now look where we are and where we are going ........ 🚀🛸🚀 right along with BTC and really - beyond!
But SOLANA team only got more focused and stronger. I got into Crypto Space back then after watching on sidelines for some time. I was very impressed by the resiliency I was hearing from these Devs at SOLANA who were on the total brink of collapse. They were undeterred in their mission and conviction. Now we are seeing some of the fruits of their work and we are enjoying super fast super cheap trading across platforms and exciting developments in pipeline that might compete with IG and Facebook and ZOOM - on SOLANA chain.
Look at history. Look at the REASON why the thing exists. Retracements and Corrections happen, but SOLANA will not fall all of the sudden on it's own without a black swan or a BITCOIN major Fail. IF the crypto industry flourishes - SOLANA will continue to be a diamond. If this happens Price will likely be 1000-2000 or more next few years and SOL will compete and maybe eclipse ETH. For sure the competition will make them and other spaces better.
STOP FUDDING SOL WITH NO BASIS! Study !
FOR SOME OF THE SOL HISTORY I rec this little timeline - timepath.org/solana Happy Trading!
Back up - Look at the SOL history - NOT JUST PRICE - Fading SOL is a big mistake! SOL is not a mere MEME coin. This is a Facilitator Protocol that supports a whole universe of activity. SOL began with high valuation BECAUSE it seemed like a game changer that would make things 10,000 times faster - RIGHT OUT OF THE GATE!
Solana Labs has DELIVERED and the SOL universe continues to GROW. If SOL were a tree in the rain forrest it would be a massive ecosystem unto itself. HOWEVER - SOL like every single asset REAL or NOT in Crypto FOLLOWS BTC price action. Historically - When BTC went to 69k, SOL hit it's ATH of 260. A month before FTX scandal went mainstream Crypto Rumors sent BTC down to 15900 and SOL went down to 8.90! And now look where we are and where we are going ........ 🚀🛸🚀 right along with BTC and really - beyond!
But SOLANA team only got more focused and stronger. I got into Crypto Space back then after watching on sidelines for some time. I was very impressed by the resiliency I was hearing from these Devs at SOLANA who were on the total brink of collapse. They were undeterred in their mission and conviction. Now we are seeing some of the fruits of their work and we are enjoying super fast super cheap trading across platforms and exciting developments in pipeline that might compete with IG and Facebook and ZOOM - on SOLANA chain.
Look at history. Look at the REASON why the thing exists. Retracements and Corrections happen, but SOLANA will not fall all of the sudden on it's own without a black swan or a BITCOIN major Fail. IF the crypto industry flourishes - SOLANA will continue to be a diamond. If this happens Price will likely be 1000-2000 or more next few years and SOL will compete and maybe eclipse ETH. For sure the competition will make them and other spaces better.
STOP FUDDING SOL WITH NO BASIS! Study !
FOR SOME OF THE SOL HISTORY I rec this little timeline - timepath.org/solana Happy Trading!
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