The cryptocurrency market has been beneath the highlight because the US welcomes a brand new administration. Amidst this, the group has its eyes available on the market and wish to witness an uptick. Whereas a number of belongings did document a surge, a number of others have been lagging. Solana (SOL), specifically, garnered consideration after an account that was mistaken to be Barron Trump’s tweeted concerning the community. However is it sufficient to push the asset?
Huge Drop
After recording a brand new all-time excessive of $294.33, Solana witnessed a significant plummet. Through the time of writing, the altcoin was buying and selling at a low of $238.05 after witnessing a virtually 9% drop over the previous 24 hours.
Based on knowledge from CoinCodex, the probabilities of Solana reaching $300 was moderately bleak. Over the subsequent couple of days, the best mark that SOL will surge to is $240. It seems to be like “Barron Trump’s” tweet barely made a distinction to the worth of the asset.
To be able to attain the coveted $300 mark, the asset must surge by over 26% from its present worth stage.
Did Barron Trump Actually Help Solana?
An account known as Barron Trump (@TrumpwBarron) shared a tweet that learn “hello @solana.” This put up started garnering steam and a number of other within the cryptocurrency have been elated that Trump was endorsing the altcoin. However a number of have been seen questioning the credibility of the account and even claimed that Barron Trump doesn’t have an X account.
This tweet has now been deleted and the account has even modified its username. It’s presently @tantemeilany and the account has a staggering 1.1 million followers. In consequence, the Solana group has been staying vigilant with a view to keep away from potential scams.
