Solana crypto token has fallen to its minimum ever since February 2021. Crypto has also fallen out of the top 20 crypto tokens globally. Solana’s crypto price has substantially broken all the records of facing a drastic percentage loss in just a few days.
Recent statistics show that the crypto token might as well go bankrupt as its falling at a great pace and is expected to fall for a few more days. Solana crypto token is a highly potential token and a fall of such a prominent crypto token might stop investors from putting their money in cryptocurrencies.
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Solana Crypto Tokens Downfall
The Solana crypto has fallen to a significant value. It has fallen down to a value of $8.17 per crypto coin and the percentage loss faced by Solana has counted to around 97% since its value in February 2021. Solana crypto token currently ranks at 22nd position after facing the loss.
Current state of Solana pic.twitter.com/2FwfT6S1mv
— Concrete (@concrete_found) December 29, 2022
The crypto token has fell out of top 20 crypto tokens after the loss. This is the worst phase the company has faced since February 2021. Solana crypto peaked to the top-most level in November 2021 making its value to $76 billion.
Solana has fallen by 17% today and the crypto token now values below $10. The Solana crypto token has dropped by 32% in last one week and 42% in two weeks. The loss might kick Solana out of the crypto market soon and this would result in fear in minds of the investors.
Some smart people tell me there is an earnest smart developer community in Solana, and now that the awful opportunistic money people have been washed out, the chain has a bright future.
Hard for me to tell from outside, but I hope the community gets its fair chance to thrive🦾🦾
— vitalik.eth (@VitalikButerin) December 29, 2022
Solana is the only under top 100 crypto token to suffer double digit percentage loss ever. The total loss accounts to around 97%. Recently, Vilatik Buterin supported Solana crypto token and said “it has a bright future”. Although the aid didn’t revive the cryptocurrency as its still falling at a phenomenal rate.
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