Solana has been in rally for a while as lot of speculations and news around it and new tokens on it's ecosystem has been credited for it's rally, shall we consider this as beginning and is it a good time to take entry? Someone new to crypto would say "Yes" but those who has been here for a while would be hesitant because we have seen SOL rising from $15 to $259 and then witnessed the downfall as well to less than $8.
I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.
If we do speak about utility and overall characteristic then i could say that Solana is really indeed a good coin or project. Cheap fees and fast transactions on which it is something more better than ETH.
For those who had been able to make investment or entry point back in January 2023 then they are 10x of their investment now or even higher. No one had expected out on what SOL did. For those who had
been able to trust up this project and make out some investment then they are really making money now and on the current price and since we arent that still yet on bull run then we can say
that we can still make profits if ever we do tend to enter now but well its up to someones personal choice on which projects they would be investing.
Getting FOMO? It would be always best that this one would be applied on good project or to those who are sitting on the top. We cant really be still be able to sure
on how far it would go and we are still early. Even memecoins on solana chain are flying like hell.