The Current State of Solana Price
The Solana price has increased by 7.1% in the past 24 hours, reaching $41.08 and with a trading volume of $1.10 billion. This marks a 19% increase from yesterday and contributes to a 75% monthly performance boost.
The recent spike in value might be linked to the movement of SOL tokens on the FTX exchange, with 2.14 million SOL tokens, valued at around $94 million, being transferred over the past week. Currently, FTX holds 4.8 million SOL tokens valued at over $211 million and has 3.96 million SOL tokens in a stake account.
Furthermore, data from CoinGlass shows that on Binance, there are more long positions on SOL than short positions, indicating increased bullish activity from retail traders which could be driving prices up.
Solana Price Needs to Break $47.02 to Confirm Bullish Rally
The price of SOL has seen a significant rise with continuous upward movement on its price chart. The bulls managed to surpass the resistance at $21.49, allowing the price to reach the $47.02 resistance level.
Solana Price Bulls Aim for $50 Level
The Solana price has crossed the 50-day and 200-day moving averages, reinforcing a bullish trend. With the potential to reach the $50 mark supported by an RSI indicating upward momentum, buyers are aiming for new highs around $48 and $50 in 2023.
Hot Take: Buy TG.Casino Token Now: Price Poised for 20X
If you missed out on the recent surge in SOL price, consider participating in the TGC presale offering remarkable growth potential as it advances through its third stage with a token price increase to $0.15 from its previous value of $0.1375.
The presale has raised approximately 70% of its initial target funding amount with only 4 days remaining until the conclusion of the current presale stage. It’s advisable to secure tokens now at the discounted price of $0.15 before it increases again.
Enjoy Staking Rewards, 295% APY, 25% Cashback
TGC offers a staking program with an appealing Annual Percentage Yield (APY) of 295% and cashback on losses from wagers placed using TGC tokens. The token distribution includes liquidity, staking, pre-sale, play rewards, affiliates, and marketing aspects for a well-balanced ecosystem.
TG.Casino’s integration with a vast user base of over 1 billion on Telegram makes it stand out in terms of growth potential.
Industry Experts Predict Significant Growth for TG.Casino
Industry experts believe early investors could see their investments grow to 100X once TG.Casino is listed on exchanges. A well-known YouTuber has expressed his optimism by investing in TGC tokens, and you can join in by visiting the official website and purchasing TGC tokens using various cryptocurrencies.
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