There’s still a chance the price rebounds. Cryptocurrencies are historically volatile. We can see a history of deep dips during consolidation periods. On the chart above, March of 2020 and May/June of 2021. It’s a little soon to say for certain … but from a trading perspective, we’re going to tread cautiously. The most recent selloff is likely a result of recent news surrounding Sam Bankman Fried’s crypto exchange FTX. The global crypto titan was once a savior to other down-and-out crypto firms. But now it seems they are unable to save themselves. Here’s the full story. For a day, Binance entertained the idea of an acquisition. But those hopes are dashed … |
This token operates on the Solana blockchain. The idea is, holders of the native Solana token (SOL) can stake their crypto using Marinade. Thereby providing liquidity and earning mSOL tokens in exchange. And the chart’s showing some really nice price action. It spiked +220% in two hours. Here’s a chart … |
Look alive out there! It’s not all doom and gloom, pick your trades carefully.
|