Solana has surprised many people without unexpectedly becoming the most popular coin and becoming a trend in 2023, 2024. Big profits for free sell followers, massive increase in Solana has succeeded in becoming the top coin on the blockchain and has attracted many investors because it has a goal in the future.
Actually, Solana was already a good coin even before but its hype were only on and off. If you are surprised, then that could mean that you are new in here. Big profits doesn't come for free at most times and even if you only join an airdrop because many airdrops now requires some capital, in order for one to get started.
Investors aren't only limited to those who buy a coin but they can also be the people who creates a project. Indeed it attracted lots of them but I believe that many of them are only chasing the hype. They don't totally focus on the Solana coin itself but mainly to the meme coins because they think profits there are much quicker.
Wayback on which solana is really just thats itting around $40-60 price then it had already made out some hype on meme coin based on SOL platform on which those decentralized exchangers does have those tons of
different metas of sol based tokens, even up to this moment on which the hype is really that still on. This isnt really just that only on SOL platform or chain but also in other L1's as well.
The main concern on here is on how you do invest with these memes whether you would be having that gambler like mind or would be having that different approach? It would really be that so risky
on dealing with memecoins and we do know the probability in terms of blowing your entire capital in a short span of time on the moment that the project would turned out to be a rug.
This is why you should really be that mindful about on the field that you are taking.Yes, it can give out that kind of good reward but on the time or moment that you do find yourself
having that kind of confidence about making money then it would really be bring out that kind of disappointment on the moment that you do experience shit conditions.