Sol – Page 8 – BitcoTasks BLOG

Baked Or Burned? Trader Makes 307x From Solana Token But Investors Raise The Alarm

July 1, 2024

Over the weekend, a crypto trader turned 70 SOL into $3 million with a Solana-based token. However, the investor’s success story was overshadowed by the controversial launch of the memecoin that made it possible. Trader Makes $3 Million In Minutes A crypto trader made millions in 30 minutes after investing $9,923 in Solana-based memecoin BAKED.…

Baked Or Burned? Trader Makes 307x From Solana Token But Investors Raise The Alarm Read More »

Solana (SOL) Surges 18%, But Watch Out For Crowd FOMO

June 28, 2024

Solana

Solana has been showing a breakout over the last few days, but data shows crowd FOMO is rising, which could be a bad sign for the rally. Solana Social Volume Has Shot Up Alongside The Rally According to data from the on-chain analytics firm Santiment, the SOL social volume has observed a sharp increase following…

Solana (SOL) Surges 18%, But Watch Out For Crowd FOMO Read More »

Solana Poised For Epic Reversal? Analyst Spots Bullish Pattern Echoing 2022 Breakout

June 28, 2024

Cryptocurrency Market News

Solana (SOL), a cryptocurrency renowned for its fast transaction speeds, might be on the verge of a significant comeback. Technical analysts are drawing parallels between the current price chart and a previous pattern that preceded a substantial price surge in 2022, sparking optimism for a bullish reversal. Solana: Chart Pattern Suggests Possible Rebound The buzz…

Solana Poised For Epic Reversal? Analyst Spots Bullish Pattern Echoing 2022 Breakout Read More »

Spot Solana ETFs: Analyst Says Don’t Get Too Excited About The Market Recovery

June 28, 2024

Solana

Crypto analyst Ali Martinez has warned the crypto community not to get too excited about the recent market recovery trigger by Spot Solana ETFs filing. Bitcoin (BTC) and the broader crypto market witnessed a relief bounce following recent bullish developments, but the analyst highlighted what could send the market into a downtrend again. Why The…

Spot Solana ETFs: Analyst Says Don’t Get Too Excited About The Market Recovery Read More »

Solana (SOL) Rockets Over 10%: Analyzing The Bullish Trend

June 28, 2024

Technical Analysis

Solana started strong increase above the $135 resistance. SOL price is up over 10% on the ETF hopes and it might rise further toward $162. SOL price started a steady increase and cleared the $142 resistance against the US Dollar. The price is now trading above $142 and the 100-hourly simple moving average. There is…

Solana (SOL) Rockets Over 10%: Analyzing The Bullish Trend Read More »

Solana Trading Plunges 93% In 24 Hours: Where Did The $100 Billion Go?

June 27, 2024

Cryptocurrency Market News

Solana has been thrown into a tailspin after a shocking revelation: its daily stablecoin volume may have been significantly inflated. Reports indicate a staggering drop – from a dizzying $75-100 billion to a mere $7 billion in a 24-hour period. This dramatic shift has unsettled the crypto community, raising serious questions about the legitimacy of…

Solana Trading Plunges 93% In 24 Hours: Where Did The $100 Billion Go? Read More »

Master Of Scams: Metallica’s Hacked X Account Promotes Solana Token

June 27, 2024

Cryptocurrency Market News

Nearly a month after Caitlyn Jenner launched her JENNER token, the celebrity memecoin frenzy continues. This time, iconic heavy metal band Metallica joined the list of public figures involved with Solana tokens. However, the band’s participation in the crypto industry was yet another X account hack targeting investors. Solana-Based METAL Takes Over Crypto The iconic…

Master Of Scams: Metallica’s Hacked X Account Promotes Solana Token Read More »

Pundit Is Undeterred By The Solana Price Crash, Says Price Is Headed For $1,000

June 25, 2024

Solana

The Solana bearish price action might be coming to a close, as many cryptocurrencies have started to show mixed price action in the past 24 hours. Dialing the price action further back shows Solana has been mostly bearish and has been on a price decline since the beginning of the month. Notably, the crypto recently…

Pundit Is Undeterred By The Solana Price Crash, Says Price Is Headed For $1,000 Read More »

Shiba Inu, Solana, & Cardano Are All Seeing Buy Signal: Analyst

June 25, 2024

Shiba Inu

An analyst has pointed out how Shiba Inu (SHIB), Solana (SOL), and Cardano (ADA) are among the altcoins seeing a buy signal on this indicator. Shiba Inu, Solana, & Cardano Form Buy Signal Following Market Crash In a new TD Sequential” here refers to an indicator in technical analysis (TA) that’s generally used for finding…

Shiba Inu, Solana, & Cardano Are All Seeing Buy Signal: Analyst Read More »

Solana Developer Shares “Big News” That Could Send The SOL Price Flying

June 24, 2024

Solana

Mert Mumtaz, CEO of Solana’s development platform Helius Labs, recently shared “big news” that presents a bullish outlook for the Solana ecosystem. This development could also positively impact Solana’s price, which has recently been on a downtrend. A New Dawn For Solana Mumtaz mentioned in an X (formerly Twitter) post that “ZK compression” is being…

Solana Developer Shares “Big News” That Could Send The SOL Price Flying Read More »

Solana Slides 13% – Can It Recover Despite Analyst’s $1,000 Prediction?

June 24, 2024

Cryptocurrency Market News

Solana (SOL) has been caught in the crypto current, tossed back and forth by recent market volatility. After an impressive rally earlier in 2024, SOL has dipped by 13% over the past week, leaving investors wondering what lies ahead. Technical analyst, Patel, believes he may have charted a course for the high-speed blockchain’s future, and…

Solana Slides 13% – Can It Recover Despite Analyst’s $1,000 Prediction? Read More »