The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called).
As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.
solana lost value from ath more than 95%, so I think solana is so great now that after experiencing a decline like that it can still survive and come back again.
People's enthusiasm for Solana shows this, from the price of 10$ Solana has risen to 128$ and is currently stable at 90-100$ because Bitcoin is experiencing a spot etf issue
Those early birds who believes in this project till now are enjoying the luxury, imagine if you both bulk numbers of coin way back and sell half of it and store the other half, you surely in the good profitable side till now, though it's still possible to make some decent profits if you continue buying and holding, the market still moving forward and this temporary dump is giving us opportunity to buy and hold.