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SOLV token price prediction
Most SOLV token transactions on the pre-market are carried out within the price range of $0.2 - $0.3, expected to increase to $1.45.
On Whales Pro, the latest price of SOLV token is $0.22, a decrease of 24.1%. The 24-hour volume is $1,553, a decrease of 42.59%. As one of the earliest platforms to sell SOLV, Whales Pro has recorded a downward trend in the token from $0.5 to $0.2.
Purchases remain dominant with a common price range of $0.22 - $0.36. The asking price ranges from $0.37 - $0.41, although it is decreasing, it is still much higher than the buying demand at only around $0.1.
On Gate.io, $SOLV trades at $0.31. The highest buying price is $0.26, and the lowest selling price is $0.317. The total trading volume of SOLV is $54.3 thousand.
LBank also started selling SOLV on January 14. The current price of the SOLV/USDT pair is $2.0532, an increase of 105.32%. The highest price in the past 24 hours is $4.015, and the lowest price is $1. The token's trading volume reached $1.394 million.
Despite being launched on Binance Megadrop and set to be listed on January 17th, the token's pre-market trading activity remains relatively subdued.
The project community currently speculates three potential price ranges, with the most common being $1 to $1.45. The lowest range, relatively close to the current pre-market price, spans from $0.35 to $0.75. The higher range of $2.7 to $7.3 is considered relatively ambitious given the current project status.
The Solv Protocol's X account was recently hacked, leading to the dissemination of fake contract addresses. This incident has raised doubts about the project's security capabilities. Additionally, Solv Protocol is entangled in a scandal involving fabricated TVL figures.
According to a post by the account Solv artificially inflated the amount of staked assets on the platform to three times the actual amount. Trackoor claims that Solv Protocol's actions could lead to a pattern of inflating figures and using assets for multiple rounds of borrowing and lending, reminiscent of the FTX case.
Upon investigation, Trackoor confirmed that Solv's platform holds a total of 10,500 BTC, roughly 40% of the 25,300 BTC claimed by the project.
Solv Protocol is a notable platform in the Bitcoin staking sector, building a financial ecosystem centered on Bitcoin by enhancing liquidity and maximizing the utility of idle Bitcoin assets. The main components of Solv Protocol include:
SolvBTC: A token 1:1 with BTC, supporting cross-chain transfers and seamless DeFi participation for Bitcoin users.SolvBTC.LST (Liquid Staking $BTC ): A Liquid Staking token that allows users to earn returns from Bitcoin while maintaining liquidity.Staking Abstraction Layer (SAL): Simplifies the complex processes of staking Bitcoin across multiple ecosystems, providing a unified interface for Bitcoin holders and generating returns across various blockchains.
#SOLVLaunchOnBinance #TrumpCountDown #EOSBreaks1$ #LTCETF
On Whales Pro, the latest price of SOLV token is $0.22, a decrease of 24.1%. The 24-hour volume is $1,553, a decrease of 42.59%. As one of the earliest platforms to sell SOLV, Whales Pro has recorded a downward trend in the token from $0.5 to $0.2.
Purchases remain dominant with a common price range of $0.22 - $0.36. The asking price ranges from $0.37 - $0.41, although it is decreasing, it is still much higher than the buying demand at only around $0.1.
On Gate.io, $SOLV trades at $0.31. The highest buying price is $0.26, and the lowest selling price is $0.317. The total trading volume of SOLV is $54.3 thousand.
LBank also started selling SOLV on January 14. The current price of the SOLV/USDT pair is $2.0532, an increase of 105.32%. The highest price in the past 24 hours is $4.015, and the lowest price is $1. The token's trading volume reached $1.394 million.
Despite being launched on Binance Megadrop and set to be listed on January 17th, the token's pre-market trading activity remains relatively subdued.
The project community currently speculates three potential price ranges, with the most common being $1 to $1.45. The lowest range, relatively close to the current pre-market price, spans from $0.35 to $0.75. The higher range of $2.7 to $7.3 is considered relatively ambitious given the current project status.
The Solv Protocol's X account was recently hacked, leading to the dissemination of fake contract addresses. This incident has raised doubts about the project's security capabilities. Additionally, Solv Protocol is entangled in a scandal involving fabricated TVL figures.
According to a post by the account Solv artificially inflated the amount of staked assets on the platform to three times the actual amount. Trackoor claims that Solv Protocol's actions could lead to a pattern of inflating figures and using assets for multiple rounds of borrowing and lending, reminiscent of the FTX case.
Upon investigation, Trackoor confirmed that Solv's platform holds a total of 10,500 BTC, roughly 40% of the 25,300 BTC claimed by the project.
Solv Protocol is a notable platform in the Bitcoin staking sector, building a financial ecosystem centered on Bitcoin by enhancing liquidity and maximizing the utility of idle Bitcoin assets. The main components of Solv Protocol include:
SolvBTC: A token 1:1 with BTC, supporting cross-chain transfers and seamless DeFi participation for Bitcoin users.SolvBTC.LST (Liquid Staking $BTC ): A Liquid Staking token that allows users to earn returns from Bitcoin while maintaining liquidity.Staking Abstraction Layer (SAL): Simplifies the complex processes of staking Bitcoin across multiple ecosystems, providing a unified interface for Bitcoin holders and generating returns across various blockchains.
#SOLVLaunchOnBinance #TrumpCountDown #EOSBreaks1$ #LTCETF
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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