Bitcoin Forum

SOLANA (SOL) PUMPED 23% PROFIT AS PREDICTED !!!! + BTC and Crypto Market analysis

https://www.youtube.com/watch?v=4zKdu7MbHZs


What are your thoughts?

Although we can't know for sure what the future of SOL will look like, I'll try to give you a little opinion: I think it's bullish. Looks like they have some interesting things planned, and I think they're going to do a lot more than hang on.

Still boils down as to how huge BTC will go on the current pump. And it's obvious that altcoins are going to follow the trend, ETH for example has reach $1,500 already a barrier that it took time for it to broke.

Then a lot of altcoins are being pump and dump as well. ETH 40%+, BNB 20%+, SOL as mentioned, and then ADA at 30%+. Every altcoin in the top 10-20 are pumping so hard right now. Good to see the market going green this big after a long time.

Good for you. I think SOL is garbage though considering that the chain broke over 8 times in the last year. How can you trust your funds on a platform like that. I much prefer Polygon and I'm glad that DApps like MAXX Finance and Qi DAO are launching on Polygon instead of Solana. I feel much safer putting my funds on Polygon.

The argument that most of these currencies used to present itself is that they offer low fees and instant confirmations, but most networks have become low fees, so fees did not become an obstacle to the use of a particular blockchain.

SOLANA (SOL) is centralized crypto, so the price may see some increases here and there, but the long-term future gives the impression that everything that SOL will offer is present in the rest of the platforms, so there is no reason to increase the demand for it and hence the price.

Given in this reply

Possibly a pump attempt to create FOMO for Solana.  There is also no huge news about it so probably some group of whales who have been accumulating during this bear market, creating a price surge to set the price in their target range to dump and take profit.  SoI think that there will be a possibility of a dump in the next weeks.

Obviously, this is an old school pump and dump as others have said. And wait let us check the current price, as per (https://coinmarketcap.com/currencies/solana/)


so much for those who believed that this is a genuine uptick on the price. Probably just go up because of the current surge in Bitcoin price. But we all know that pumpers can't sustain it's run. Sooner or later they will have to sell and take a quick profit leaving those noobs to suffer if they thought that this is real.

The bear market won't end so soon, it's just a slight bounce after days of decline and inadvertently make the noobs think that the market is really uptrend without knowing that the trap is waiting for them ahead.

Advice: those who intend to hold for a long time should continue to observe the market and wait for a new drop to continue accumulating, those who already have profits should take profits and wait for new opportunities, do not be greedy at this time .

This seems like the most likely explanation, when the market is not presenting huge movements all across the board this becomes the perfect time to try pump and dump schemes, traders are looking at any coin that presents a big movement, so the only thing a whale needs to do is to buy enough coins fast enough to force a coin to go up in price, then other traders notice this and join the movement and eventually the slower traders do the same, then the whales finally decide to sell and they get some easy profits in a market that was almost static.

I think what solana reason of driving the price is that it was listed on Ftx which we knew owns by Sam and has affiliatef by solana. We can see massive holdings of whales in this solana network hence retailers should be wary and watch out. Most of the uptrend are being manipulated by them in my opinion.

How should I believe that? Well, just maybe, we can't be sure if that in the first place, and in besides, predictions are bound mostly wrong. At these bearish moments, we can't simply just think about a huge pump without manipulation. And who knows, if this is just a trap for us.

Just look at the price trend of Bitcoin, it is still low and declining. I used this as a basis of my analysis which gives me some insights into that Solana doesn't have a pump indication.

So what if it pumps? Is this something unusual? No. This is a normal pump and will be followed by a dump. That's why it's not just Solana that gets a pump.
But I think this isn't just all about the pump but also about the youtube link that OP has posted. So, if you guys gonna check the video tell us what's the content of it.

what happens is a normal situation. some altcoins on the market also have a pump when the OP's post is made. nothing to argue about further. SOL which also experienced a deep decline, I think some people consider it feasible to invest in these assets.

regarding the video the OP linked, I think it just contains the usual information you might read through other platforms. some are more related to market analysis information than SOL. I thought the OP, just wanted to share this information. or the channel could be his  ;)

Always be aware of social media, you have to be very careful with the analysis in this situation. The fact is, in the short term, some coins will take off after being mentioned on social media. Combine the analysis reference with info about the coin/token you will invest in because predictions are not always correct.

Solana Ethereum or all others follow bitcoin. To understand Bitcoin, you have to look at the global economy and conditions. These small pumps and dumps don't make much of a difference So I suggest getting out of one or two-day investment and going for a long-term investment with less chance of loss.

To be honest, the crypto market always goes up and down in price. One thing in particular can be said that if the price of Bitcoin decreases or increases then its effect is on all other tokens or coins. As the worst period is currently going on due to which Bitcoin was hovering around 19k to 20k for a long time. A few days ago it was noticed that the price of Bitcoin has increased slightly. Due to this the price of all other tokens also increased. I will say one more thing that the current bear market is going on. So if anyone wants to invest or trade then think carefully.

crypto markets go up and down just like the stocks, but i like crypto because of the volality gives us more opportunities to make money, especially when the markets are down.

Now the whole market has started to form positive price dynamics, so it is not surprising how many assets have recently given 20-40% profit. If bitcoin growth continues and no new economic shocks happen, this growth will continue further. As for SOL, I see some resistance at $45. If it can be broken, the price could rise to $80. This is not investment advice, just my expectations for the market.

SOL will not pump if bitcoin is not raising that is for sure the situation of the market of crypto. We may see a little bullish movement from solana but it will drop back because bitcoin is still down. This is the way the analysis goes with cryptocurrency. There are different coins but from the history of bitcoin, it has maintained the number one spot where other coins follow bitcoin.

Bitcoin has been stabilizing for a while around 22k so the same could be said for the altcoins out there including that coin you mentioned in the OP. I had never hold and single SOL ever, but it seems that  there were people claiming red flags to it. Not sure if it is true, but worth the look on Google though. I do not want to end up just seemingly promoting an article here so.....

We all know that predicting cryptocurrency prices is a lottery. Of course, everyone boasts about it when they manage to hit the price. The truth is that the bear market could end at any moment, but looking at what is happening in the markets around the world, it was just a correction of the fall in price. I expect the SOLANA price to start dropping very quickly any day now and it may take weeks or even months.

People who think that SOL is a good investment, they should do it if they've done their own researches. A pump and dump is normal in the market and it should haven't been asked as if it's like a surprise to see that it's pumping. There will be moments that there are a few crypto that are pumping and most are dumping and that's no question if we see it happens because that's how it goes and the market has that typical behavior that we shouldn't be shocked.

Yes, there has been that. It was due to frequent bugs and blockchain stoppages, and there was talk about how so much time has passed and Solana is still in beta testing and not having a full release. There has also been talk of a purely speculative component to the project, because a lot of what has been promised is still unfulfilled and it is unknown when it will all happen.

Prediction of cryptocurrency it's not something we can based on because where solana was in the market many people rush to invest in Solana thinking that they have a long potential so i believe that what happened in the Solana happened to any other coins