Crypto currency A difficult period for investors and btc stuck in the narrow range shakes subcoins in every fluctuation. Due to the negativity that has been ongoing for nearly 100 days, the risk appetite in the subcoins has also weakened. Solana It reached abnormal levels. What are the current situation and what are the investors expect? Why does it fall?
Why does it fall?
We have already mentioned the change in the new investor profile. By paying a significant amount of commission, users who have invested in tokens that have yet to use thousands of dollars were trying to gain from the Pump/Rug process. Millions of tokens made of random letters circulated within weeks.
The life of them was a few hours, and the significant part was history with the Rugpullar that experienced without reaching the market value of tens of thousands of dollars. Finally, in the incident involving the president of the Argentine, the huge investor lost serious money.
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The Solana Pump/Rug story, which was fed by the tendency of the new investor profile and the accelerated version of the PUMP/DUMP story in 2017/2021 periods, caused the reacting to the Solana network with recent cases of obvious fraud. This is how the fell of the Solana began, and the decline in the Bybit attacker tried to launder money with the breast coins on the network gained momentum.
Investors in the Solana Network Breast Coins It has become afraid of investing and trading in the Solana network because the $ 1.46 billion stolen assets can put them in both legal and financial difficulty. Although the fall of solana is negative for its own community, it is extremely positive for the rotation of liquidity into the general subcoin market.
Avax and Shiba Coin Comment
During the Avax rise, he could not decompose sufficiently and he always felt the burden of double -digit annual inflation on his shoulders. Now the price is about to reach the main support level of $ 22.4. Now, with the recovery in the general market feeling, the return must begin.
Otherwise, the doors of a ridiculous period will be opened where the psychology of Altcoin investors will be much more difficult. BTC On the days when the price is just below the record level of all time AvaxIt is interesting that the fell to the support of $ 18 is interesting. 26 and 33 dollars will be important in possible recovery.
Shiba coin He returned the 100 %earnings he obtained with the November elections and is now below 57 %of the summit. If we haven’t counted intermediate corrections for 78 days, it is falling steadily. The price descending the period levels of the Fed interest rate cuts can be a bottom at the base of 0.0000130 dollars.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
