Did your crypto portfolio suffer due to the downtrend of your invested coin? Look no further because Solana (SOL) is here to turn things around!
Despite a temporary dip caused by the FTX bankruptcy, Solana saw a sharp surge in January and is now back with a bang. The SOL coin rejoined the uptrend with 100% massive gains. But why did Solana experience this meteoric rise? And will it continue?
The experts are weighing in and giving their predictions for 2023, so take advantage of this opportunity to make your portfolios green again. Find out if Solana is worth investing in or if you should consider other rising coins like Meta Master Guild , Fight Out , RobotEra , and C+Charge . Read on to get all the answers!
Solana (SOL) Overview
Solana (SOL) is a next-gen blockchain platform revolutionizing the crypto world with its innovative Proof-of-History mechanism. With fast transaction speeds of up to 50,000 TPS, low latency, cost-effectiveness, and scalability, Solana appeals to developers seeking high-traffic solutions.
The network token, SOL, is gaining popularity among investors. With 500 nodes, 0.4-second block time, and a low entry barrier ($3K-$4K hardware), Solana can potentially be a major player in the decentralized blockchain space.
Solana Price Analysis
Solana is currently ranked #11 in the crypto market with a price of $25.03 with a market cap of $9,316,001,255. The coin has shown strong potential in the past few weeks, with a massive more than 100% gain in the starting few weeks of 2023.
The 30-day price history suggests a 43.192% increase in Solana's value, with an average minimum price of $12.82 and a maximum average price of $14.22.
However, it's still down by -15.40% in the past 4 months from its all-time high value. In this period, the maximum average price was around $34.50, and the minimum average price was around $33.27.
Experts anticipate that Solana's price will experience growth in 2023 due to its environmentally conscious approach and efficient transaction speeds.
According to a prediction by Priceprediction, the average price of Solana at the end of 2023 is expected to reach $32.72. DigitalCoin similarly forecasts Solana's price, with a minimum price of $22.5 and a maximum price of $55.00, according to its analysis.
Other Rising Coins to Consider
While Solana is making its way back to gain the lost position, you can consider investing in the following amazing coins with their eye-popping raises in the presales.
Meta Masters Guild (MEMAG) is a new and innovative cryptocurrency platform designed for the gaming industry. It offers an exciting ecosystem of gaming projects where players can earn real money through in-game achievements and tournaments.
The platform uses a decentralized architecture, NFTs linked to digital wallets, and an in-app currency called "Gems." These Gems can be traded for the MEMAG token, which is currently in its presale stage with a limited supply of 1 billion tokens and a predicted 614% increase by 2023.
The presale of MEMAG is underway and offers a chance for early adopters to buy tokens at a discounted rate. The platform is being developed by Gamearound, a blockchain developer with a track record of success, and supported by RWaltz and other industry players. With its focus on sustainable GameFi economics and enjoyable gameplay, MEMAG is set to revolutionize the mobile gaming community.
Fight Out (FGHT)
Fight Out is a Web3-based fitness platform that incentivizes you to reach your fitness goals through its Move-to-Earn (M2E) concept. The platform features personalized workout plans, on-demand training sessions, and an avatar-based metaverse that you can explore for rewards in FGHT tokens, the native currency of the platform.
With its presale attracting $3 million in January 2023 and its partnerships with top athletes and trainers, Fight Out is poised to revolutionize the fitness industry and bring blockchain technology to the masses.
Currently, Fight Out is giving a 50% bonus on 1 FGHT for 0.01899. It’s a good time to get fit and earn cryptocurrency with Fight Out.
RobotEra is a metaverse platform that invites players to explore, create, and entertain in a virtual world. The platform operates on the NFT model, offering players complete control over their avatars, which are robots, and the virtual spaces they occupy.
RoboEra provides opportunities to earn rewards through challenges, mining resources, and participating in community events. The project's native token, TARO, serves as the currency to buy, sell, and manage virtual assets and resources.
TARO’s presale is ongoing, raising over $800k, with an expected rise in its price soon. The project aims to become a leading metaverse platform and introduce VR/AR and gameplay features shortly. Get in early and join the revolution with TARO for just 0.020 USDT.
C+ Charge (CCHG)
CCHG (C+Charge) is a US-based crypto set to transform the electric vehicle (EV) charging landscape. This environmentally conscious crypto utilizes blockchain technology to create a P2P payment system that enables EV owners to pay for their charges using CCHG tokens.
In March 2023, the much-anticipated CEX launch is set to take place, which is expected to drive up token value and user participation. The C+Charge app provides all the information an EV owner needs in one place, including the nearest charging station, prices, and waiting times.
CCHG is poised to be a major player in the crypto space, with a trading price of $0.013 and a hard cap of $6.0 million, making it a smart investment.
Solana is rapidly regaining stability following its decline in January 2022. The growth of NFTs and DeFi will persist, along with an expansion of the coin's developer resources, driving up demand for Solana tags even if its current market share stays unchanged.
Despite all the predictions, as there is still some uncertainty in the rising journey of Meta Master Guild, Fight Out, RobotEra, and C+Charge are good options to invest in right now. So don't miss out on the chance to revive your portfolio and potentially reap big rewards.