Insights on Solana’s Potential and NFT Season Kick-off for Solana
When it comes to the crypto market, a top analyst with a track record of accurate altcoin predictions is pointing to an imminent opportunity in the form of Solana. Here’s a closer look at what this analyst sees and how it could impact your investment strategy:
Bullish Sentiment on Solana Against Bitcoin
- Pseudonymous analyst Bluntz, with a substantial following on X social media platform, expresses optimism about Solana’s potential, particularly against Bitcoin.
- Bluntz notes that Solana is poised to carve out a bottom against Bitcoin at around 0.0025 BTC (~$179.57) before embarking on a fresh rally.
- By utilizing the Elliott Wave theory, which highlights the formation of corrective waves, Bluntz anticipates that the C wave is nearing completion, signaling a possible rally above 0.003 BTC (~$215).
Current Status of Solana
- Presently, SOL/BTC is trading at 0.002519 BTC (~$180.94).
- Bluntz also shares insights on Solana’s performance against the US dollar, anticipating sideways movement before a potential surge to a new high of $230 in 2024.
Altcoin Catalyst and NFT Season on the Horizon
- Bluntz points to an altcoin that could trigger a wave of enthusiasm for Solana-based NFTs.
- TNSR, the governance token of the popular NFT platform Tensor on Solana, is expected to initiate an NFT season for SOL NFTs.
- The upcoming TNSR airdrop is anticipated to invigorate the SOL NFT market, attracting both traditional token buyers and NFT enthusiasts.
Claim Your Tokens
- Eligible users can now claim their free TNSR tokens via the Jupiter LFG launchpad, setting the stage for increased activity in the SOL NFT space.
Hot Take: Opportunities on the Horizon for Solana and its Ecosystem
As the crypto market continues to evolve, Solana and its associated projects are gaining significant traction. Stay tuned for potential growth opportunities as Solana navigates key support levels and capitalizes on the upcoming NFT season.
Sources:
[Bluntz Twitter](https://twitter.com/Bluntz_Capital/status/1777106568645050539)
[Claim TNSR Tokens](https://claim.jup.ag/tnsr)
By
By
By
By
By