Solana Price Soars After Second Smartphone Launch Solana Mobile unveiled the device during the TOKEN2049 event taking place in Singapore.
The phone called "Solana Seeker" already has more than 140,000 pre-orders. The price of solana (SOL) increased by 11% in the last 24 hours.Solana Mobile, a subsidiary of the developer of the Solana network, has revealed its second smartphone, the "Solana Seeker", at the TOKEN2049 event taking place in Singapore.
This announcement has caused an escalation in the price of the solana (SOL) cryptocurrency, which has experienced an increase of 11% in the last 24 hours.from $127 to $142 on the current day, marking a significant rebound, as can be seen in the TradingView chart.
The Solana Seeker has already sparked notable interest among consumers. Pre-orders have surpassed 140,000 units across 57 countries, demonstrating the growing demand for mobile devices in the web3 ecosystem, Solana Mobile CEO Emmett Hollyer said in an interview.
In addition, the Seeker comes with an upgraded version of the Solana dApp Store, designed to facilitate access to applications related to payments, decentralized finance (DeFi), non-fungible tokens (NFTs), artificial intelligence (AI), among others, the Solana Mobile website states.
The Seeker pre-sale price is $450 for “early founders” until September 21, coinciding with the Solana Breakpoint conference at the TOKEN2049 event. The price will then be $500, and commercial launch is planned for mid-2025. #solana #sol #alcistas #binance
📙 10 words you should know: 1. Blockchain: This is a chain of blocks where all cryptocurrency transactions are recorded. Think of it as a giant, but digital, ledger, where everyone can see what is happening, but no one can change what is already written. 2. Wallet: This is a digital wallet where you store your cryptocurrencies. There are "hot wallets" (connected to the internet) and "cold wallets" (offline, safer). 3. HODL: This is a term that came from a typo of “HOLD.” It is used to describe the strategy of holding your cryptocurrencies for the long term, regardless of market fluctuations.
#SOL shows bullish movement in the early hours of the morning. If you want to make quick moves, now is the time 🍀 You can make your move from the following link:👇🏼👇🏼
If you are just getting started in the world of cryptocurrencies, here are some crucial trading strategies to keep in mind:
1. Focus on buying on dips rather than during steep rises, as sales should align with peak market conditions.
2. Gradual and steady gains indicate sustainable growth, while rapid increases often signal an imminent exit opportunity.
3. After a steep rise, wait for a pullback – avoid excessive buying when prices fall too steeply.
4. When prices accelerate sharply, it is usually a sign that a top is approaching – sell fast during sudden drops, but take your time when gains are slow.
5. A steep drop without increased trading volume can be misleading, while slow declines with increasing volume suggest it is time to exit.
6. If the price crosses key support levels, don't hesitate to take advantage of short-term price swings.
7. Pay attention to daily and monthly trends and follow major players when establishing positions.
8. If prices rise without an increase in volume, it is usually a tactic to attract buyers; don't fall into the trap.
9. A new low on low volume can indicate that the market has bottomed, so consider entering when the bounce shows signs of strength.
If you master these techniques, you will be better prepared to navigate the volatility of the cryptocurrency markets.
🚨 NEW COINS 🚨 $NEIRO , $TURBO and $1MBABYDOGE on Binance.
Wait a minute, crypto lovers!#Binancejust dropped a bombshell: on September 16, 2024, they will be listing Neiro, Turbo and Baby Doge Coin! 🔥
Here's what's coming: 💸 Spot trading pairs: NEIRO/USDT, TURBO/USDT and 1MBABYDOGE/USDT will be ready for action at 18:00 (ET) with seed tags attached.
💼 More ways to earn: - Flexible Simple Earn subscriptions open at 10:00 (UTC) on September 16. - Auto-staking lets you start accumulating these coins from September 17 at 10:00 (UTC)!
💳 Easy Buying and Selling: Use VISA, MasterCard, Google Pay, or Apple Pay within an hour of publication to make seamless transactions.
🔄 Binance Convert: Swap these tokens for BTC, USDT, and more with zero fees! 📊 Margin Trading: Borrow and trade NEIRO, TURBO, and 1MBABYDOGE with cross-border and isolated margin starting September 16, 11:00 (UTC). Get ready to dive into these exciting new coins! 🚀
Start slowly: Start with a small capital, say US$100. Currency Choice: Choose a currency that is less volatile. #apalancamiento : Use leverage no higher than x10. Leverage Limit: Make sure you never exceed leverage by more than 50% of your capital (for example, with $100 in your portfolio, your leverage should not exceed $150 = $15 x 10). Avoid trading at the same price: Never buy or sell any currency at the same price with all your #margen . Split Margin: Split your margin into 4 parts ($15/4 = $3.8), meaning you will open long or short positions with $3.8 x 10 = $38 USDT.
#ETH BREAKING resistance Moving up May be the last discount at $ETH Adding here will be worth it As October is the most bullish month Will take off to create a new all-time high Most likely!
Analysis #SOL : Should you buy or sell? With $SOL hovering around $135-136, it is just below key resistance levels, which could dictate the next move. Let's break it down to help you decide whether you should buy or sell. **Strategy** Long Position: If SOL breaks above $136.37, a long position could be opened with the target around $140-144 if the bullish momentum continues. Stop-Loss: Place it around $132 to limit the risk in case the price reverses. Short Position: If SOL fails to break above $136.37 and shows rejection, consider a short position with targets at $132.32 and $128.60. Stop-Loss: Around $137-138, just above the key resistance, to minimize losses if the trade goes against you. **Conclusion** - Go long if SOL breaks above $136.37, with targets at $140-$144. - Go short if SOL is rejected at $136, with targets at $132.32 and $128.60. Keep a close eye on the price near these key levels and trade accordingly!