Post
Topic
Board Speculation (Altcoins)
Re: Is Solana still Worth buying??
by
Nazmul012
on 01/05/2024, 19:38:50 UTC
After end of bull run, Solana had started lossing its price and it waas worth $12 in November, 2022. And till August, 2023 solana was below $20. Many were talking about this is end of solana, it'll never pump and then something interesting happened to it and solana pumped 3/4 times from its position. And still its more than $185+ .many people still thinks solana would pump more. So they keep buying solana with such believe. 
 What do you think? Is Solana still Worth buying cause price is tooo much pump already.
I think there is still very potential if you choose Solana for the long term.
If you look also, in November 2022 Bitcoin also experienced a decline to a price of $19,423. It was only in January 2023 that Bitcoin started to creep up again at a price of $23,125. and at that time the corona virus pandemic occurred which even paralyzed everything, including finances. In line with that, surely altcoin prices will also experience the same thing.

when there is a drastic decline in bitcoin, altcoins are sure to follow.
and because currently and in the future bitcoin will continue to experience price increases, especially after the halving occurs, I think Solana and other altcoins will also experience price increases too.