Investor Arthur Chiong expects that Solana (SOL) will soon be “largely higher” – here is his schedule
The Crypto Arthur Cheong investor says he will stick to his Solana (Sol) symbols in anticipation of his prices much higher in the coming months.
Cheong, founder of Crypto Investment Defiance Capital, says at a post on the X social media platform that he participated in the Sol (OTC) deal that does not need a prescription through Galaxy Digital and collects his distinctive symbols.
Although it has already increased dramatically after purchasing at $ 64, Cheong He says You will wait to sell the Seoul.
“Not selling one of them.
I think it will be much higher in three months. “
The investor is also Climb On Solana Ecosystem, specifically Jupiter (JuP), a decentralized exchange complex (DeX), which currently holds the second highest closed total value (TVL) on Solana after the re -selection protocol (JTO), according to Devilia.
Now that the CME group has announced that it will offer two options for the future contracts based on Solana on March 17, Cheong He says The short pressure may result from Sol.
Short pressure occurs when a sharp rise in the price of assets dealers who had sold a short pre -sold out of their positions rises, leading to more marches.
According to Cheong, the encryption market cycle is still not perfect, but it may need to pass Re -discrimination After “Honeymoon Trump”.
“There seems to be a severe shortage and external flow of liquidity in the market recently as many encryptions, regardless of BTC, corrected> 40 % in less than two months.
However, Stablecoin supplies have expanded significantly since 2024, growing by about $ 100 billion to reach a total supply of $ 221 billion, which now represents more than 1 % of the US dolly dollar dollar …
However, when animal souls are always as you do, I think we have liquidity and capital to push the market much higher. “
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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