Solana Update đ
If youâve been following my previous posts, I mentioned buying Solana (SOL)âbut right now, SOL is down 7%, trading between $150-$160 đ. This dip is largely due to the selling of sol by binance and Bybit hack news.
However, thereâs another major factor circulating on TwitterâFTX bankruptcy-related SOL unlocks. Out of the 41M SOL auctioned after FTXâs collapse, 11.2M SOL will be unlocked on March 1. This could trigger a sharp price increase next month đ.
As I previously advised, only deploy 30% of your capital. Now that buyers at this level have been liquidated, itâs a great opportunity to go aggressive on Solana! đĽ
