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Tag: solana

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Kryptanium Capital CIO Daniel Yan Eyes AI, Solana, Memes for May’s Top Crypto Trades

In Brief Daniel Yan focuses on AI, Solana, memes for May crypto trades. April crypto crash influenced by macroeconomic factors. Yan predicts stabilization, bullish on specific cryptocurrencies. Amid the turbulence that rocked cryptocurrency markets in April, Daniel Yan, the Chief Investment Officer of Kryptanium Capital, has a clear vision for May’s trading strategies. He focuses…
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Solana (SOL) Breaching $150 Could Change SOL’s Course

In Brief Solana’s price is currently in a descending wedge, and investors are anticipating a breakout. Price indicators suggest SOL’s bullish momentum could persist over the next few trading sessions. The P/S ratio highlights that despite the growth in revenue, SOL is still highly undervalued. Solana’s (SOL) price is on the brink of breaking out of…
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Could Solana (SOL) Death Cross Cause a Decline to $100?

In Brief Solana’s price failed a bullish breakout and is now close to witnessing a death cross. The bearish market cues are weighing heavy on the altcoin, as evidenced by the RSI. Sharpe ratio is at a 4-month low of -4.27, signifying negative risk-adjusted returns. Solana’s (SOL) price is close to witnessing a bearish phenomenon…
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Solana’s Path to $85: A Realistic Price Forecast for SOL?

In Brief Solana’s price faces a corrective phase, testing key support levels around $125 and $143. A potential rebound could lead to retesting the 50-day EMA at $155, while breaching $143 might target $125. Bearish signals include a death cross on the 4-hour chart and a 45% decline in the past six weeks. The Solana (SOL) price…
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Solana (SOL) Price Breakout: 25% Rally Likely Due to This Reason

In Brief Solana’s price is currently moving in an ascending triangle pattern, per which a 25% rally is possible. The Relative Strength Index sustaining in the bullish zone is an indication of broader market bullishness. Sharpe Ratio nearly recovering from negative to positive could attract new investors to the altcoin. Solana’s (SOL) price is making…
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Crypto Traders Shift Focus From Solana to Coinbase’s Base Meme Coins

In Brief Crypto traders are moving from Solana to Coinbase’s Base meme coins, indicating a shift in market focus. Rekt Fencer, who allegedly made over $1 million from Solana memes, champions the potential of Base tokens. Coinbase to launch a service for over 100 million users to trade Base coins easily, boosting the sector’s appeal.…
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New Research Suggests Solana Is the Apple of Crypto

In Brief Solana emerges as the “Apple of crypto,” innovating with a focus on leveraging hardware to enhance the Web3 experience. Its network performance and commitment to community and ecosystem development set it apart as a serious competitor. Technical enhancements and strategic partnerships reflect Solana’s leadership in bridging blockchain with financial systems. New research suggests…
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Amid investor craze Solana memecoin founder accidentally burns $10 million pre-sale tokens

Over the weekend, Solana-based memecoins pre-sale frenzy had generated around $100 million. The developer of the Slerf memecoin inadvertently burned both the liquidity pool and the 500 million tokens designated for pre-sale participants in a botched launch today. The project had successfully raised over $10 million during its pre-sale. Over the weekend, the project was one of…
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Most volatile weekend in a year as Solana dominates yet Bitcoin recovers

Solana is up 7% over the past 24 hours as Bitcoin takes a breather, down 7% from its all-time high. Bitcoin had the most volatile weekend in a year as Bitcoin slipped as low as $64,550 after reaching a new all-time high of $72.760 on Thursday, March 14. As of press time, Bitcoin has recovered…
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Filecoin surges to new highs fueled by pivotal Solana deal and AI sector growth

Filecoin has surged to a new yearly high amid significant development within its ecosystem. The decentralized storage protocol’s FIL token price soared to a yearly peak of $8.43 but has slightly corrected to $7.92 as of press time, according to Viphkoone data. Notably, FIL is the only digital asset among the top 25 cryptocurrencies by market capitalization that…
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