Solana FTX

🔥 Are you "following" the FTX "collapse" case? If so, you must be very curious about the fate of the 2 billion USD of SOL "stuck" in the "rubble" of this exchange.

  • 🥶 On March 1st, 2 billion USD of SOL will be "released" from the FTX estate. How will this affect the price of SOL? Will it "soar" or "fall"?

The Solana (SOL) tokens are unlocked every month. Source: Messari / Dave

🔥 Has the "frenzy" of SOL "passed"?

  • 💦 The price of SOL has undergone a "long" time since FTX "collapsed". Its value has decreased by more than 90% from its historical peak. However, the "release" of 2 billion USD of SOL could be a "boost" for the price of this coin.

🤑 "Opportunity" for investors?

  • Some investors believe that the "release" of SOL will create an "opportunity" to buy this coin at a low price. They argue that when 2 billion USD of SOL is released into the market, supply and demand will change, leading to an increase in the price of SOL.

😖 "Risk" for investors?

  • However, there are also investors who are concerned that the "release" of SOL will cause the price of this coin to drop. They believe that many people will sell SOL to "take profit" after receiving money from the FTX estate.

30-day price chart of Solana (SOL). Source: Finbold

👀 "Will SOL "soar"?

  • Whether the price of SOL will rise or fall after 2 billion USD of SOL is "released" from the FTX estate remains an unanswered question. However, this is certainly a noteworthy event that investors need to monitor.

🧧 What do you think about the future of SOL?

  • Do you think the price of SOL will rise or fall after 2 billion USD of SOL is "released"? Please share your thoughts in the comments below!


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