Solana (SOL) Price 33% in Plus

Solana’s native token, SOL, fell 1% on Wednesday, trading around $13.20. Earlier this day, the price was still $14.20, which is 33% higher than at the beginning of the week. This is also 66% higher than the lows of 2022 when the price was around $8.00 per token. Exchange rate expectations have taken a positive turn due to recent developments.

The recent price increase has brought the coin back above the 50-day moving average, which was $12.75. Currently, there is still some resistance around $15, but in case it is broken, the next resistance will not be until around $19.

Solana course

However, there are also experts with less positive price predictions. Analyst Marzell believes, for example, that the SOL pump is temporary and has a great chance of making a turnaround. Marzell indicates that he expects a retest around $12.20 and that he will pay out profits in the near term.

Is it too late to buy SOL?

Now that Solana’s latest pump has occurred, influenced by the meme dog project BONK, investors will be wondering if it’s too late to buy Solana.

If Marzell is right, investors will have another chance to buy SOL at around $12. According to Marzell, it would therefore not be too late to buy SOL, and it might pay to wait a little.

If Marzell is wrong and we follow more bullish predictions regarding cryptocurrency, then this would be the perfect time to enter. Waiting longer in this case will mean you miss out on winnings.

There are reports from the community that the Solana price would reach $33 in the next six months. It was also mentioned that it looks like nothing will erupt at the moment.

Another community member reported that SOL would hit $40-50.

A price increase to $33 would mean a 150% increase from the current price. A price increase to the $40-50 range would represent a gain of 200-280% within the same period.

If SOL could break the resistance around USD 15 and USD 19, it could move towards USD 25-48 in the June to October 2023 period.

SOL rate

Can SOL recover despite falling FTX?

Solana, like almost all other coins, has been hit hard by the fall of FTX. FTX and its former CEO, Sam Bankman-Fried, were big fans of Solana, which made the blow extra hard. Not only did the support for Solana disappear, but some of the funding disappeared as well.

The above situation has severely affected the Solana price, leaving the SOL price, despite the recent recovery, still down 66% from its pre-FTX high of $40.

However, Crypto Expert Col Jung has a more positive view of the future, thanks in part to BONK’s success. BONK brought Solana back to life at a time when many declared the project dead, Jung said. Jung indicates that he still holds the moment, especially now that BONK is connecting the Solana community.

Altcoins to Consider

The crypto market is still in a relatively difficult situation at the beginning of 2023, which makes it interesting for investors to look elsewhere for short-term returns. Below is a list of promising pre-sales that can generate returns in the short term.

FightOut (FGHT) – Presale launch

Fight Out is a brand new move-to-earn (M2E) fitness application and fitness chain that web3 and fitness are trying to integrate. The project has opened pre-sales and investors believe it can change the web3 M2E world.

Fight Out learned from its predecessor STEPN, another M2E crypto, which only counts steps and requires an expensive NFT to use. Fight Out takes a more holistic approach and rewards users for exercise and activity. Furthermore, no expensive purchase is required to join the platform.

The Fight Out ecosystem runs on the FGHT token and the price is currently at 60.06 per 1 USDT. It is therefore advisable for interested investors to act quickly as the pre-sale has already raised $2.6 million in less than a few weeks.

Visit Fight Out Now

Note: Cryptocurrencies are unregulated and volatile investments.

Dash 2 Trade (D2T) – Pre-sale enters final phase

Dash 2 Trade is a social crypto trading and intelligence platform and offers an excellent opportunity for investors. The new social analytics platform hopes to take the crypto world by storm with its array of unique features.

The platform provides users with access to trading signals, social sentiment analysis, on-chain indicators, pre-sale token scoring system, token listing warning system and strategy back testing tool. The Dash 2 Trade ecosystem runs on the D2T token, which users pay for their subscription.

D2T tokens are available in the presale, which is only valid for one more day. Here, users can buy tokens at a lower price. The price is currently $0.0533 and Dash 2 Trade has already raised over $13.5 million. Today is the last chance for investors to stock up on tokens at a nice discount.

Visit Dash 2 Trade here

Note: Cryptocurrencies are unregulated and volatile investments.

C+Charge (CCHG) – Now in Presale

It is estimated that the carbon credit industry will be worth $2.4 trillion by 2027. Democratizing this industry presents a huge opportunity and C+Charge is fully committed to this. The startup is building a blockchain-based Peer-to-Peer (P2P) payment system for electric cars, where electric car users can earn carbon credits by charging their vehicle.

C+Charging hopes that giving CO2 credits will encourage more people to switch to electric cars. Currently, the carbon credit industry is only available to companies, with organizations like Tesla making millions from the resale. C+Charge wants to democratize this industry and thus make it possible for normal citizens to earn CO2 credits.

The pre-sale of C+Charge has just been launched and the CCHG token will be used to charge electric vehicles in the future. The price is currently at $0.013 and will increase by 80% by the end of the presale. The project has already raised more than $75,000 in just a few weeks. As a result, it is therefore advisable for interested investors to buy in as soon as possible, in order to achieve maximum returns on this beautiful project.

Visit C+Charge here

Note: Cryptocurrencies are unregulated and volatile investments.

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