Solana high demand increasing i think it’s good for staking
Solana high demand increasing i think it’s good for staking
Thanks to meme coins the SOLANA is like MemeCoins reserve currency and memecoins are like new commodities like oil salt and copper…not exacly but its the way how it is.
So If people want that SOL it can increase demand for SOLANA so Ita good for staking.
Remember guys when ETH chain was very active Because of NFT party at “opensea “and other nft markets.
So solana have no great demand and when market turn in bull run generally then market will be full of exsessive funds wich goes into SOL.
LET the numbers do the talking just comparsion:
What is the market cap of Solana? The current market cap of Solana is $60.45B
The The Meme market cap today is $51.95B,
Gold marketcap Estimated Market Cap: $15.778 T
Marketcap of USA real estate $47 trillion
we see not far off,the solana+ memecoins mc not small and i definately want to be in this business compared solana meme coin mc with other sectors it’s not so small so this market is full of capital.
Okay, what’s with all of these numbers compared to solana? Are you telling that us that solana is going to reach that market cap that gold has right now? We don’t know what’s waiting a head but altcoins like solana seem to be stable now but we don’t know what can happen in the future with it to be honest.
WHy do you even compare it with Gold and real estate marketcap cause that’s highly irrelevant?
I agree that these days are good for SOL investors but its only due to the hype of meme coins, so when it ends there is high chance that there will be a correction on the price for sure that makes it highly not recommended to stake. Just keep them in your wallet and cash out when it turns bearish.