Inactive SOL Whale Gets Active to Accumulate FTM and DTX After Sonic Update Announcement, Here’s Why
The post Inactive SOL Whale Gets Active to Accumulate FTM and DTX After Sonic Update Announcement, Here’s Why appeared on BitcoinEthereumNews.com.
DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, please . As Bitcoin bounces back from the $54,000 bottom, many altcoins struggle in this bull run. Solana (SOL), in particular, has seen steep price drops. Following the Sonic update announcement, inactive Solana (SOL) whales have become activated to grab low-cap investments that can provide massive returns. Investors want to diversify their capital with small-cap projects showing promising signs, such as Fantom (FTM) and DTX Exchange (DTX). Fantom (FTM) captivates Solana (SOL) whales as the altcoin shows an impending bullish rally. DTX Exchange (DTX) has recently caught investors’ attention with its cutting-edge platform. The presale of the DTX token has seen enormous success as it crossed the $980,000 mark relatively quickly. Solana (SOL) Above $152 For The First Time In A Month Solana (SOL) has been experiencing stagnation over the past few months. The current bullish impulse has benefited Solana’s (SOL) price action, as it finally managed to break through the $132-$150 channel and it’s currently trading at $162. Rumors are going around that the SEC and an American investment management company are discussing a Solana exchange-traded fund. Considering the approval of the Ethereum ETF recently, this doesn’t sound implausible. Experts caution that it might take some time for the application to be accepted and the creation of a Solana ETF. In light of this, it appears likely that Solana will reach a new all-time high by year’s end; however, as long as the cryptocurrency’s price movement is strongly correlated with Bitcoin’s, the future is uncertain. Moreover, considering the stagnant Solana (SOL) status, a vast majority of whales had become inactive. The recent sonic…
Filed under: News - @ July 20, 2024 1:04 am