SOL

The actions of large-scale crypto investors, known as whales, often serve as indicators of emerging trends. These whales are known for their accurate investment decisions, which frequently signal the next big opportunity in the market. Recently, these influential players have shifted their focus away from Solana (SOL) and Pepe Coin (PEPE), opting instead to aggressively accumulate MoonTaurus (MNTR), a new meme coin that’s capturing significant attention. Solana and Pepe Coin Lose Whale Interest Solana (SOL) has been an investor favorite…

A crypto whale who famously bought Solana (SOL) at a mere $2, riding its surge to all-time highs before offloading just before the dramatic 95% crash in 2022, is back in the market, making significant moves this week. This seasoned investor, known for their sharp timing, has been steadily accumulating MoonTaurus (MNTR). This meme coin has caught the eye of many, including industry insiders from Pepe and Shiba Inu. Solana’s Meteoric Rise and Sharp Decline Solana’s journey from a modest…

Bitcoin briefly fell below $58,000 late on Wednesday, dipping to a low of $57,974 before recovering. Since then, price action has been relatively muted, with Bitcoin (BTC) trading just above the $59,000 price level, down 0.80% in the past 24 hours.  Meanwhile, Ethereum (ETH) has regained the $2,500 level after registering an increase of almost 2% and is currently trading around the $2,524 mark. While BTC’s slump below $60,000 signals near-term weakness, long-term investors remain bullish and continue to withdraw…

Solana started a fresh decline below $155 and $150. SOL price tested $140 and is currently struggling to start a recovery wave. SOL price started a fresh downward move below $150 against the US Dollar. The price is now trading below $148 and the 100-hourly simple moving average. There is a short-term declining channel forming with resistance at $145.50 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a recovery wave if it…

Strategic investments by major crypto players can signal significant market movements and opportunities for savvy traders. Recently, a notable Internet Computer (ICP) investor made headlines with a substantial $3.5 million investment in Solana (SOL) and Mpeppe (MPEPE), highlighting these two assets as key contenders in the crypto space. This move underscores the growing interest in Solana (SOL) as it rebounds from recent market challenges and the rising potential of Mpeppe (MPEPE), a new player in the meme coin arena. Solana’s…

The 2022 bear market was a brutal time for the cryptocurrency market, with most assets plummeting over 50%. Solana was among the hardest-hit, suffering a 94% drop by the end of the year. While many traders were caught off guard and saw their previous gains evaporate, those who exited early managed to avoid substantial losses.  One such trader, known for predicting the market decline at the beginning of 2022 and exiting their positions in time, is now making headlines with…

With the recent slide in the $BTC price, many investors and traders are probably fearful. However, this could be the time to go long. The bigger and safer plays are $ETH, $BNB, and $SOL. Will they see a bounce? Is this the time to buy? Bitcoin has just lost $6,000 in only 48 hours, and market sentiment is fearful. The Fear and Greed Index dipped back into a Fear value of 30, and this after a Neutral value of 48…

Major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), saw a significant drop as $170 million in long positions were liquidated in one hour, according to data from CoinGlass. This hurt investors who had bet on the prices of both cryptocurrencies to rise further.  The liquidations were dominated by BTC and ETH investors, with $65 million and $52 million in long positions liquidated, respectively. BTC plummeted below $60,000 late on Tuesday and has dipped by 6% in the past 24 hours.…

The post Markets Consolidating Yet Solana (SOL) Price Preparing for a 30% Rise—But Here’s the Catch appeared first on Coinpedia Fintech News The markets are consolidating again! Solana’s price yet again failed to hold above $160 as the bearish action began in no time. As the Bitcoin price plunged below $63,000, which may soon tank below $62,000, the market participants appear to have fallen into a sea of uncertainty. This could cause the SOL price to remain within an accumulated…