WITH Saltworkswith (Crypto: Salt) The price has limped about $ 136 after a 44% amazing collapse in the last three months, even longtime investors of coins. And, with a lack of catalysts located in the next few weeks, many investors feel especially gloomy in the next few quarters.
But it turns out that there is also an argument why Solana could exceed $ 250 or more, instead of seeing $ 115 or lower. Let us examine both arguments here and put them in the context of the long -term potential of coins, not its short -term price performances.
The biggest argument that most investors will bring about why Solana will continue to fall in value is that the mood is bad.
According to this argument, the feeling is bad because of a series Big scandals recently swinging the chain including Cheat Committed to the heads of the state as well as the well -known influences of cryptocurrencies. Other questions, such as the collapse of the MEME coin market on the chain, undoubtedly contribute to factors. The upcoming supply unlocks for the wounds of the chain investors, which many believe will lead to mass sales of saline from the same large brackets, even more in the mood.
Still, this thought thought does not really linger for more detailed investigations. Price action determines the mood, and feelings often return to the same direction. In other words, people are sold when their coins collapse as they publicly swallow that their coins continue to lower. This encourages other investors to scare their coins on the belief that further movement downwards is all that is in line with. It is a self -fulfilling prophecy.
Solana has certainly been a raft of bad news lately. But what is particularly missing in the case of bear is any appreciation for a long -term capacity of growth coins or as any of the recent events reduce the investment thesis to buy.
After all, bad actors and frauds are nothing new for the chain – they are an unhappy part of his reputation since the fall of FTX a few years ago. He returned from this period of turbulence thanks to real value as property, and will recover from this one.
So could a coin soon see $ 115? Yes, but it doesn’t really matter.
The chain is predominantly exposed to more tail and potential catalysts upside down than on winds or main risks, even when considered the current difficulties. And the longer you want to wait for these tail winds and catalysts to play, the better the investment effect.
