The $300 Question: How Soon Can Solana (SOL) Hit This Milestone?

2 weeks ago 20

The cryptocurrency marketplace has been nether the spotlight arsenic the US welcomes a caller administration. Amidst this, the assemblage has its eyes connected the marketplace and are looking to witnesser an uptick. While respective assets did grounds a surge, a fewer others were lagging. Solana (SOL), successful particular, garnered attraction aft an relationship that was mistaken to beryllium Barron Trump’s tweeted astir the network. But is it capable to propulsion the asset?

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Massive Drop

Source: Binance

After signaling a caller all-time precocious of $294.33, Solana witnessed a large plummet. During the clip of writing, the altcoin was trading astatine a debased of $238.05 aft witnessing a astir 9% driblet implicit the past 24 hours.

Source: CoinMarketCap

According to information from CoinCodex, the chances of Solana reaching $300 was alternatively bleak. Over the adjacent mates of days, the highest people that SOL volition surge to is $240. It looks similar “Barron Trump’s” tweet hardly made a quality to the terms of the asset.

solanaSource: CoinCodex

In bid to scope the coveted $300 mark, the plus volition person to surge by implicit 26% from its existent terms level.

Also Read: Ripple: What’s Next For XRP As Gensler Resigns: ETFs, $5 Milestone Or Both?

Did Barron Trump Really Support Solana?

An relationship called Barron Trump (@TrumpwBarron) shared a tweet that work “hi @solana.” This station began garnering steam and respective successful the cryptocurrency were elated that Trump was endorsing the altcoin. But respective were seen questioning the credibility of the relationship and adjacent claimed that Barron Trump does not person an X account.

Source: X

This tweet has present been deleted and the relationship has adjacent changed its username. It is presently @tantemeilany and the relationship has a staggering 1.1 cardinal followers. As a result, the Solana assemblage has been staying vigilant successful bid to debar imaginable scams.

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