Solana Tanks 14% Since Yesterday’s Pump But Are These The Best Altcoins To Buy Now

NewsBTC
NewsBTC

17 Nov 2023 6:23 PM

After a strong performance on Thursday, the Solana bull rally is beginning to show signs of weakness. The Solana price has experienced a 13% correction...

  • The Solana bull rally is showing signs of weakness, with a 13% correction since hitting its yearly high.
  • SOL has lost support levels and its market capitalization is at risk of falling below USDC.
  • Whales are selling off their SOL holdings, further impacting its price.
  • Other major cryptocurrencies like Bitcoin and Ethereum are also depreciating.
  • Investors are now looking for alternative investment opportunities, including altcoins.

The sentiment in the article is mostly negative, as it highlights the weakness in the Solana bull rally and the selling pressure from whales. However, it also mentions the potential for alternative investment opportunities with altcoins.

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You May Ask

What is the current state of the Solana bull rally?How has the Solana price corrected since its yearly high?What support levels has SOL lost?How are whales impacting the SOL market?Which altcoins are being recommended for investment now?

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