Quote from: poodle63 on January 03, 2024, 01:39:44 AM

Quote from: tsaroz on January 02, 2024, 04:41:39 PM

Solana is a solid coin theoretically, a good competitor that could easily outshine Ethereum. But there were and are controversies and accusations surrounding Solana. along with its internal problems, external factors like bankrupt FTX is holding about 15% of Solana which they are required to gradually dump. With so many issues, I don't think Solana would have any upward rally unless their another overall bull run in crypto. They already did a x6 last month. I'm waiting for Solana to fall below 100 to buy it again.

i can't stop wondering whether this time around solana would get some price correction because the rumoured ftx possession of an asset which you mentioned earlier for the sake of reimbursement, the fact that ftx is trying to make reimbursement which the reimbursement on its own is kinda unfair honestly since they try to give people their money back in lesser value at the time when market was still in bearish, i think it can somehow indicate that they are gonna be dumping some of their asset and one of them would be solana in which they possess massively, right now the price is ideal for that, the price has already gone 10x from when we were still at the bearish.
this just means that its not gonna be a good time to invest in solana right now, maybe when the price was still low we can take some risk and just invest in it but now that the price is already kinda high i think we should be moving over our investment into other altcoin but thats just my 2 cents. after all i can be wrong since its just speculation.