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❕NEWS Solana based products are seeing a massive rise in investments

AudraMiller

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When it comes to the cryptocurrency world one of the major cryptocurrency coins that has gained a lot of attention and news time is Solana. This cryptocurrency has been rising up the ranks very quickly and it is also very surprising considering the fact that it is quite new in the cryptocurrency market as opposed to the older cryptocurrency coins such as Ripple. Recently there was an analysis done to see how much of investment is being made into investment products related to this cryptocurrency and it has been reported that there has been a 388 percent rise in the last week alone. In fact institutions have invested as much as 13.2 million dollars into products related to this cryptocurrency. What do you think about this and why do you think there is so many institutions so focused on this cryptocurrency at the moment?
 
When it comes to the cryptocurrency world one of the major cryptocurrency coins that has gained a lot of attention and news time is Solana. This cryptocurrency has been rising up the ranks very quickly and it is also very surprising considering the fact that it is quite new in the cryptocurrency market as opposed to the older cryptocurrency coins such as Ripple. Recently there was an analysis done to see how much of investment is being made into investment products related to this cryptocurrency and it has been reported that there has been a 388 percent rise in the last week alone. In fact institutions have invested as much as 13.2 million dollars into products related to this cryptocurrency. What do you think about this and why do you think there is so many institutions so focused on this cryptocurrency at the moment?
When a coin or tokens solves problems, such growth should be expected. I also think that the team behind the coin matters. If they are dedicated and give their best tokenomics, that coin can fly.
 
The growth this year in recorded in the very short-term has been very massive no I don't think it will continue except the developers and very creative to make the coin use case better so that people continue to invest.
 
Solana coin is simply driving investors with it's massive improvement in price. The investors are coming steadily cos they see something great around the coin.
 
Solana coin is simply driving investors with it's massive improvement in price. The investors are coming steadily cos they see something great around the coin.
Most of the investors are not really concerned about the use case of the coin but for the fact that is currently hot in the market they are rushing their money into it.
 
Most of the investors are not really concerned about the use case of the coin but for the fact that is currently hot in the market they are rushing their money into it.
That's it dear. They are simply about the profit alone and the supply rate. When the coin crashes those novice investors will feel infuriated and sell out of panic.
 
When a coin or tokens solves problems, such growth should be expected. I also think that the team behind the coin matters. If they are dedicated and give their best tokenomics, that coin can fly.
I totally agree with you. Something that solves people's problems will be highly patronized. And if the developers provide it in a great way, then people will be even more encouraged to promote it.
 
Ever since the rise in the price of Solana , all assets relating to it has been on the rise as well and this is indeed something that will continue to help Solana
 
Solana is a cryptocurrency with massive use case and that is one of the reasons why it's rapidly increasing in value and adoption.
It's one of the best cryptocurrencies to invest on.
 
Solana is used as it can be used for different purpose and as such a lot of people will want to invest in it. Investing in it by more people will increase it's value and later it's price.
 
The coin looks very promising ,many are purchasing it now that it's very cheap ,so they could get an increased profit from the Solana coin as the value increases , there are speculation of it reaching something like ethereum level
 

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