Solana – Is it still good to buy or it’s FOMO

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Solana – Is it still good to buy or it’s FOMO

Solana has been in rally for a while as lot of speculations and news around it and new tokens on it’s ecosystem has been credited for it’s rally, shall we consider this as beginning and is it a good time to take entry? Someone new to crypto would say “Yes” but those who has been here for a while would be hesitant because we have seen SOL rising from $15 to $259 and then witnessed the downfall as well to less than $8.

I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

Sashitha ilepperuma Answered question May 27, 2024
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If you want to buy, buy a little at a time, this currency has already risen too much.

I had the opportunity to buy it for 8 dollars but due to the problems with FTX I let it go.

Trevor Moraes Answered question May 27, 2024
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