$SOON Suddenly Soars! Is it Insider Trading or Are the Big Players Positioning Early?
Recently, SOON has been quite noteworthy, with the market price skyrocketing over 100% in August. The community has also been proactive, directly burning 3% of the tokens, conducting on-chain buybacks, and even holding live streams to discuss issues openly, regaining some trust.
The exchanges are also supportive, with Bg launching pre-market trading, combined with the collaboration with CARV in the AI field, revitalizing both funding and scenarios. Technically, it is the first project to separate the execution layer and the verification layer of Solana, supporting cross-chain capabilities and allowing for customized versions. The 50-day moving average is flattening, and the RSI indicator is neutral, indicating that funds are quietly accumulating.
However, on August 23, tokens worth $6.13 million will be unlocked. Whether it can withstand the selling pressure and break through $1 will depend on the market's buying strength.
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