Post
Topic
Board Speculation (Altcoins)
Re: Solana Pump
by
peter0425
on 25/08/2021, 02:10:41 UTC
I am curious for what could be the reasons why Solana pumped hard a few days ago?

If you take a look, in just 14 days, Solana is up 100+%,  7 days is 77% as of now.

I own a small amount of Solana and already tried this network. But yeah, I am curious what could be the reasons for these pumps?

now i felt bitter , had been holding my solana for 2 years and had sold all of them last month because of desperation and no good movement for long.

though lucky still because i converted all the funds to Ripple in which climbed good also this whole week.

but still i felt guilty as not containing solana for another weeks before this pump happen.
I think not just you who feel guilty but other people who have Solana in the past and sold their Solana too early regret their decision. If they can hold it until now, they will make a lot of money but it already happens and nothing they can do. You are lucky to convert your funds to Ripple so you can hope that Ripple will follow the other coins increases and make a new ATH. But that is just a prediction which we do not know for sure and only hope that one or more coins that we have will rise.
because this coin sleeps long than i expected so what should i do when the market is pumping ?  but at least I am not a total failure because the coin i choose tor e invest brings me enough profit though too low than what will solana gives me .
There is a lot of new in Solana now.
After I created this thread, I just checked everything again in Solana since the last time I was active in Solana Ecosystem was 3-5 months ago which there are still very few projects.

But if you take a look now, Defi on Solana is performing. There are a lot of new now, yield farmings, liquidity pools, and bridging to other networks. I believe this is could be one of the reasons too.

Exactly though i felt late now if i will invest and may cross the boundary of dumping season .

Maybe i will give up on this one and will look for another potentially investing coin.