SOL

Ernest-Everhard42

SOL is total crap tho.

warmwhale

it's clear as day we are going to moon with all the alpha around kendu inu is a no brainer the coinbase tweets on kendu are bullish, mark my words it's going to send beyond your expectations [https://x.com/CoinbaseWallet/status/1811432919224692803](https://x.com/CoinbaseWallet/status/1811432919224692803) [https://x.com/CoinbaseWallet/status/1811864147958861883?s=19](https://x.com/CoinbaseWallet/status/1811864147958861883?s=19) KENDU: $30+Million USDC: $40 Billion SOL: $100+ Billion BTC: $1.92+ Trillion ETH: $451+ Billion USDT: $138+ Billion MATIC: $4.9+ Billion PEPE: $10.7+ Billion right next to them all as a sleeping giant being recognized by a tier 1 exchange and okx campaign another tier 1 recognition - [https://www.okx.com/campaigns/kendu-inu](https://www.okx.com/campaigns/kendu-inu)

Due-Wrongdoer2887

KENDU is loading for the altseason: - unmatched, 24/7 grinding community with nice growth (holders, X-followers and Reddit members) - IRL branding (KENDU energy, coffee, jewelry, …) - multichain solution (wormhole with SOL and Base chain) incoming - NFT platform - Certik audit (for free due to 50k community votes!) and awareness campaign - … That’s the beginning of a movement that will shake up Defi.

jawni

right around this time is when I capitulated on my ALGO bag and picked up SOL instead... thank god.

trifle_hat

Kendu has some serious things going for it: - Recently became only the second community ever to qualify for a free certik audit - real life products like Kendu coffee and energy drinks - bridging to SOL soon - CoinCDX listing this week And above all, an Kendu has an unparalleled. This is a super high conviction group and holders who will do what it takes to make Kendu get biggest meme ever I truly believe Kendu will hit deca billions this cycle

Routine_Statement807

So you’re saying we might get a SOL like rip next cycle?

JG87919

Why was none of it bitcoin? BTC should be your main coin with atleast 1/3 of your portfolio or more. But you bought at a high but not the highest it’ll ever be. Probly far from it. So you’re probly going to be in the red more often in the short term. Over the long term you’ll be up tho. Especially if u stick to the larger more valuable coins like BTC, ETH, SOL. It’s no longer a get rich quick game. But a get rich over time game. Stick with the ones you know will never go to zero and will only go up over time. Keep adding to them during dips when u can.

Pristine_Explorer265

Honestly there are no low dollar plays with ETH and ERC20 tokens. The gas fees will eat up all of your profits. Buy some SOL, get a phantom wallet, dexscreener app and have fun. If you are serious about crypto, study technical analysis, find coins / tokens with utility, buy and just delete your app and check in a few years. Not financial advise

warmwhale

it's clear as day we are going to moon with all the alpha around kendu inu is a no brainer the coinbase tweets on kendu are bullish, mark my words it's going to send beyond your expectations [https://x.com/CoinbaseWallet/status/1811432919224692803](https://x.com/CoinbaseWallet/status/1811432919224692803) [https://x.com/CoinbaseWallet/status/1811864147958861883?s=19](https://x.com/CoinbaseWallet/status/1811864147958861883?s=19) KENDU: $30+Million USDC: $40 Billion SOL: $100+ Billion BTC: $1.92+ Trillion ETH: $451+ Billion USDT: $138+ Billion MATIC: $4.9+ Billion PEPE: $10.7+ Billion right next to them all as a sleeping giant being recognized by a tier 1 exchange and okx campaign another tier 1 recognition - [https://www.okx.com/campaigns/kendu-inu](https://www.okx.com/campaigns/kendu-inu)

Ogterpenes

Appreciate the insight. I hold both SOL and SUI, excited to see what’s to come.

roam197

DOGE, ETH, SOL…. All solid for the future in a Trump/Elon economy

KodaLG

There’s truth to it though, as long as it’s not a meme coin. Meme coins are essentially gambling. ETH, SOL, XRP, and ADA are coins where you can make a lot of money right now with minimal risk. Like I said, worst case scenario is they stabilize and don’t do anything, maybe you lose a little money but you’re not gonna bleed out. If you buy it in a few months when they’re a little bit higher in price, that’s when there is risk of bleeding heavy.

Psychological-Oil971

Yeah, it's a great time to be a crypto investor! With the recent dip, it's definitely an opportunity to accumulate some quality coins. I've been eyeing a few myself. I'm personally looking at Solana (SOL) and Cardano (ADA). Both have strong fundamentals and active development communities. I'm also considering some layer-2 solutions like Polygon (MATIC) and Arbitrum (ARB) to diversify my portfolio.

reliable35

Just pick from best L1s & Depin/AI - ETH, SOL, SUI, RENDER, FET & AKT… Allocate a % to each based on how aggressive you want to go at each MC level. Sit back, relax & enjoy a fantastic bull run & don’t forget to take profits.

noviwu97

At the end of the day it's still EVM, so it's clunky as hell to use compared to SOL or SUI

AdAltruistic5445

Yes because we are ETH investors launching tjis one on SOL!

warmwhale

it's clear as day we are going to moon with all the alpha around kendu inu is a no brainer the coinbase tweets on kendu are bullish, mark my words it's going to send beyond your expectations [https://x.com/CoinbaseWallet/status/1811432919224692803](https://x.com/CoinbaseWallet/status/1811432919224692803) [https://x.com/CoinbaseWallet/status/1811864147958861883?s=19](https://x.com/CoinbaseWallet/status/1811864147958861883?s=19) KENDU: $30+Million USDC: $40 Billion SOL: $100+ Billion BTC: $1.92+ Trillion ETH: $451+ Billion USDT: $138+ Billion MATIC: $4.9+ Billion PEPE: $10.7+ Billion right next to them all as a sleeping giant being recognized by a tier 1 exchange and okx campaign another tier 1 recognition - [https://www.okx.com/campaigns/kendu-inu](https://www.okx.com/campaigns/kendu-inu)

BudgetMenu

I'd put 300 on btc, 300 eth, 300 on something more solid split between like ADA, DOT, SOL then 50 & 50 on like doge/pepe just to gamble. There are short term coins and there are meme coins you use to gamble

Altruistic-Bed-7785

Thanks for your input! I was planning to divide my £1,000 across several coins, including BTC, ETH, SOL, and a few meme coins. The advice I've been getting from everyone leans towards a 70/30 split, and I understand that with meme coins, there's a high chance of losing it all. Given that, it looks like I'll stick with the 70/30 split for now. Have a nice day!

Aerocryptic

It's been 1 year since SOL is pretty much ranging against btc. If there's an alt season, we should expect it to breakout but the chart somehow reminds me of 2022 ethbtc

ispellgudiswer

This isn’t true. I invested into polkadot because I believed in it. It seemed like a top tier project. To me, it was between DOT and SOL, but SOL was having major issues. I was in it for the Long haul with DOT. That Gavin dude is a massive disappointment.

ec265

Honestly laughable that you list ETH in the same group as SOL and ADA !RemindMe5years

TheRicFlairDrip

XRP is a utility coin, price will go up with use, i think thats easy to agree on. And the price was also affected by the SEC case. SOL is a shitcoin backed by FTX and its VC buddies, ETH is too expensive and definitely not cheaper than XRP lol. And if you really do work for a bank you definitely wouldnt know a thing about them approaching your C-suite.

Mountain-Ad326

Been around since 2014 and done absolutely nothing. Stables on SOL and ETH do everything XRP does already and its free less fees. Stables wont displace SWIFT anytime soon either so there is 0.0% chance XRP does. I work for banks. I remember ripple wining and dining us around 6 years ago, they were desperate to get it in then but we couldnt see the benefit. Its done nothing since then and it wont do anything. A technology made obsolete before its introduced. That aside, learn to read a chart. BTC NOV 2018 - $4,000 BTC NOV 2024 - $99,000 XRP NOV 2018 - 0.55c XRP NOV 2024 - $1.90c

AngryBaconGod

So much pro mo we wasted. I held for two years then finally sold for SOL. Lost out so much on Tezos. That mf crashed hard.

MD_till_i_die

Ah yes brand new alts like DOGE, XRP, LINK, ADA, and SOL are the only ones running this cycle.

Dude-Bro2005

My first SOL meme cannot believe this!

Dude-Bro2005

Same! First SOL token and so glad I did!!

Cryptognito

🤣🤣😭😭SOL @$27. Those were the days.

MrMsCrypto

This is an example of DRIP, data rich & information poor. The assertion here is that BTC is a better hold versus top ALTs like ETH, SOL, AVAX, etc. Bitcoin currently has a 55.75% of the market. Thus is the beginning of Year long bull run that only started a year ago. For those who have been through multiple cycles, we know BTC dominance dogs significantly, from about 60% am the way down to 30-40% while the overall market grows. When we got our top around Thanksgiving next year and BTC represents 30-40% of the market that should be somewhere between $7.5 to $9 trillion, top ALTs will outpace BTC gains. Next winter we should see BTC 3x the old high of $69k while top ALTs 5x their old tops. Mid cap ALTs will likely 8x-10x+. This original post is clearly not from someone who's actuality been through multiple cycles.

Ok-Western-5799

There aren't too many good project as we have seen in the last 24 hours. Yh, BTC is the best option you have right now, however, projects like SOL, BNB, ETH, EOS, and LINK are based projects. There's no harm in having a varying proportion of these alts.

ThumbMuscles

How’s your SOL

Interesting-Pipe-30

I plan to load up on SOL

kumaratein

I tell everyone the same: 80% BTC, 15% some pretty serious alt coin (SOL, ETH, ADA, etc), and 5% meme coins cuz its fun to gamble why not

Spokraket

If Solana was a great project I’d be stoked . But this is the same project that hid coins and stated another circulating supply last cycle a project that had like one node at the time and is mega centralized. I’d even pick ADA before SOL. SOL is big because “number go up” there really isn’t much innovation. There are some brewing projects this cycle that might actually completely destroy both ETH and SOL.

Admirable-Status-920

Meme coins just got funkier with $CHILLA! Funky rat vibes, zero tax, active devs, and locked liquidity make it the Solana gem to watch! X: @chinchillasol1 Tg: https://t.me/ChinChilla_SOL

coinfeeds-bot

tldr; Solana (SOL) traders are optimistic despite a recent $60 million liquidation, primarily affecting long positions after SOL's price fell below $215. The Solana Long/Short ratio is 1.14, indicating a bullish sentiment among traders. However, SOL is trading below key technical levels, such as the 20 and 50 EMA and the $210 demand zone, risking further decline to $189.36 unless buying pressure increases. If buying pressure returns, SOL could potentially rally towards $264.66. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

LenDuckworth

Shit, someone [threw](https://solscan.io/tx/2CQkU5fwAaWnNR9amcuWC5DvswSvZktRT38dbT1akrDNoWNNXByuETwvGMMhPEt6fB7SA3FW46KrzHVJnATdibxY) just over 6 SOL into it's now worth over $6M in a day LMAO

jawni

huh? >**The FTX estate sold the remaining Solana tokens**, valued at $2.6 billion, to Pantera Capital and Figure Markets. These tokens were sold at $102 per token, significantly below the current market price of $168. Figure Markets acquired 800,000 SOL tokens, while Pantera Capital obtained the rest. **The agreement includes a four-year vesting schedule to mitigate potential market impacts from the large transaction.** https://cryptorank.io/news/feed/a9435-ftx-estate-sells-discounted-solana-tokens-to-repay-creditors

Golfer_CAtoNC

At this point wait for a dip or dollar cost average $10k at time on way down and then be patient. BTC ETH SOL pretty good long term plays

JG87919

I just went with Robinhood. It allowed me to deposit more than Coinbase would. Plus right now I’m only getting my foot in the door with some of the main ones. BTC,ETH,SOL. I can always transfer them if I need to. Or when I decide to use a self custody wallet. Of course I bought my first coins yesterday afternoon and now they’re all down ALOT. But I guess it doesn’t really matter if I’m holding for the long haul and going to continue investing into them. Wish I waited a day tho.

SeriousGains

ETH was such a disappointment this bullrun. Seems rare for coins to overcome such terrible performances, SOL might take a lot of the market share over in the next 4 years.

almondbutter

The amount of people holding these floki, brett, dogifwhat -- whatever the latest scam crap is: Stop chasing these shitcoins. I am specifically talking about anything related to SOL casino. Every time the market crashes, these murder coins will dump so damn hard. In fact, it's the reason why crypto will never stay bullish. There is always another dump coming. This is the end of year, people are taking profits. There will be another pump next year, so you're safe for now. In the US, if you hold less than a year and make tons of trades, the fees and taxes *will* kill you. Choose projects that have actual teams working on developing the chains. The meme murder coins are clearly not meant to survive more than one or two cycles. Balance portfolio with high cap, mid cap and small cap all you want. I doubt anyone will remember who peanut the squirrel is in 2 years. Also, I started buying btc in 2013, so I'm not jealous. I really want decent people to succeed. Trolls can gtfo.

Mean-Abrocoma7907

Tired of the same old tokens? Meet ChinChilla ($CHILLA) 🟡. The coolest rat on Solana is live, with CG listings, trends booked, and a bullish chart! Zero tax, locked LP, and a dev team that’s delivering. Why $CHILLA? -High volume since launch -Solid, active team -MC: $300K 🚀 Contract: 28VatsWpqpPo7Nzx67A42picsK6JSTEij2cPKruwXb9H 💬 Community: https://t.me/ChinChilla_SOL The vibes are chill, but the potential is hot. DYOR and join the $CHILLA wave!

Remarkable_Basil_379

the funky rat has arrived,$CHILLA isn’t just a coin it’s a vibe. Zero tax, LP locked, and a dev team that’s always active. At just $300K MC with high volume and a bullish chart. @chinchillasol1 https://t.me/ChinChilla_SOL

PsychologyOwn257

yea US is different because converting to USDC would be treated as a taxable event, and that also goes for basically any type of transaction like that (e.g. converting ETH to SOL)

JustSomeBadAdvice

> Yes SOL, FTM, MATIC, etc outperformed BTC too. Every shitcoin that is a rising small marketcap outperforms BTC. It''s easy to move small marketcaps. Which is why if you want to declare that something has "lost significance" you should definitely look at real numbers like fees paid, transactions, active addresses, cost to attack, and development activity. Unless you're trying to mislead people into following your religion, of course. > Even ETH is 1/5 of its BTC value from 2017. You really do like to tell lies, don't you? Feburary 2017 ETH is 3x BTC. Oh, right, you just cherry-picked your data. Again.

Gme1000

$SOLSHIB DON'T MISS IT FIRST SHIBA INU ON SOL 6DCc1PVyzJvbU2xETNM16UCQpfKxicR3W4xtgFM4moon 🦊

biba8163

> Didn't Doge outperform BTC more than 10x if you take prices from 10 years ago? Yes SOL, FTM, MATIC, etc outperformed BTC too. Every shitcoin that is a rising small marketcap outperforms BTC. It''s easy to move small marketcaps. > selectively comparing every single alt at a high price Once they are a large marketcap with significant value they can't outperform BTC and most become too saturated and have trouble attracting more capital. That is the whole point. Even ETH is 1/5 of its BTC value from 2017.

Olskoolah

At the time L1s like SOL and AVAX were flying. Ppl were looking for a low cap L1 to speculate on. KDA combined POW and POS and was coming out with a DEX so it looked like a good bet to many and just went parabolic. Then BTC had a big pullback and ppl lost interest

bazenbergh

BTC 60k, ETH 20k, SOL 10k - hold for 10 years

biba8163

In 7 years, ETH has gone from a 0.15 BTC ratio and almost parity with BTC in marketcap to losing significance... **June 2017** - BTC dominance 38% - ETH 33% - XRP 10% - Remaining Alts COMBINED 19% **BTC Dominance Today *excluding* StableCoins** - BTC 65% - ETH 14.5% - BNB 4.1% - SOL 3.4% - Remaining Alts COMBINED 13% ...be careful /r/cryptocurrency is a shilling ground for ETH maxi narratives bamboozled people into selling precious BTC for premined ETH where devs and VC have the privilege to print more free ETH at zero risk - Triple Halvining - Supply Cruunch - Burning Deflationary coin - Ultra-Sound Monies > The Ethereum triple halving and why ETH will easily overtake BTC in marketcap...ETH is already beating BTC in almost every important metric except market cap, with the EIP-1559 update and upcoming transition to POS ETH will loses 90% of its sell pressure or the equivalent of three BTC halvings in the timespan of 12 months leading to a price explosion that some predict could hit $150,000 by 2023 https://np.reddit.com/r/CryptoCurrency/comments/p5m9eq/the_ethereum_triple_halving_and_why_eth_will > Eth/BTC price will go to 0.244 (present at 0.075) before 2023 https://np.reddit.com/r/CryptoCurrency/comments/pisxyb/this_dude_wrote_a_77page_paper_on_how_ethereum/

newheere

Sure, I'm gonna sell my SOL only because it did a -15% after a 1200% rally LOL This sub..

edakaya240

Considering the dip, accumulating solid assets like BTC, ETH, and SOL is wise, while exploring speculative plays like KAS, SHIB, or Layer 2 solutions could offer high-reward potential.

Time-Relation-4715

Any thoughts on the Magic Eden airdrop and the impact on SOL (ecosystem)?

chchrnblklk

3-week update on the $1k memecoin portfolio. Back in black after that liquidation cascade. Only 4/10 coins in the green. A BTC buy would have performed better, but the port beat SOL's performance in the same period. |Coin|Buy Price|Current Price|PnL %|$$$| |:-|:-|:-|:-|:-| |DOGE|0.384|0.413558|7.70|107.70| |BONK|0.00004994|0.00003845|\-23.01|76.99| |WIF|3.433|2.99|\-12.90|87.10| |POPCAT|1.816|1.18|\-35.02|64.98| |GOAT|1.021|0.582323|\-42.97|57.03| |MEW|0.0112|0.007916|\-29.32|70.68| |SPX|0.506|0.669896|32.39|132.39| |AI16Z|0.275|0.536531|95.10|195.10| |KWEEN|0.0142|0.01348|\-5.07|94.93| |SPICE|0.0217|0.02476|14.10|114.10| |||||| |TOTAL|||0.10|1001.00| |||||| |BTC|91751|97762|6.55|1065.51| |SOL|244.79|218.21|\-10.86|891.42| |SUI|3.76|3.79|0.80|1007.98|

warmwhale

it's clear as day we are going to moon with all the alpha around kendu inu is a no brainer the coinbase tweets on kendu are bullish, mark my words it's going to send beyond your expectations [https://x.com/CoinbaseWallet/status/1811432919224692803](https://x.com/CoinbaseWallet/status/1811432919224692803) [https://x.com/CoinbaseWallet/status/1811864147958861883?s=19](https://x.com/CoinbaseWallet/status/1811864147958861883?s=19) KENDU: $30+Million USDC: $40 Billion SOL: $100+ Billion BTC: $1.92+ Trillion ETH: $451+ Billion USDT: $138+ Billion MATIC: $4.9+ Billion PEPE: $10.7+ Billion right next to them all as a sleeping giant being recognized by a tier 1 exchange and okx campaign another tier 1 recognition - [https://www.okx.com/campaigns/kendu-inu](https://www.okx.com/campaigns/kendu-inu)

EggplantSpecial5472

SOL

reliable35

RENDER - FET - AKT - SOL - SUI - Leading Depin & AI - ETH killers

FraSuomi

I made a lot on ADA breakout. Then the best trades I had where Pepe, Doge, XLM, SOL, Avax, Comp and Hbar. 

iamjide91

I think ETH, SOL, & AIOZ would be good bets. Hopefully, AIOZ can drop to .50 this time again, I'll ride it up to $1 for the third time. I've seem to earn a lot from AIOZ in the past few months.

PeterParkerUber

I’m going to buy some SOL. Also more ERG

Flipthescript01

XRP, IMX, SOL and Kaspa

Kratomnizer

So guys like me who can only invest small amounts today like $200 to $300 only what should be my portfolio? I mean BTC ETH SOL just $200 nahhh I will make nothing even if it 2x or 3x so what's advice for guys like me

slimedirtynina

Bought the dip XRP SOL XLM ADA DOGE

Mountain-Ad326

You’ve got to learn your own mistakes and that takes 4 years. Be super engaged. My first run selling was the hard part. For example waiting for SOL to hit 300 before selling… it got to 260. Don’t wait for round numbers is one of the lessons.

DMarvelous4L

We aren’t even close to my sell window. Once ADA is around $3-$5, Chainlink is above $50, SOL is at $400+ then I’ll be selling.

Aaaaand-its-gone

They have millions of SOL and gamble and win some lose some Nobody put their life savings into this. Everyone will repost an anonymous Twitter account if it helps their narrative

Visual-Ad-6708

For me, yes😅. Bought 1 whole SOL at 239, should've waited.

Scared_Good1766

Specifically BTC? About 0.179. But much larger holdings in ETH, ADA and SOL

jaxsantiago

Of all the alts on my TradingView watchlist, only SOL, ETH and PEPE are in single digit red as of this writing. PEPE surprise! Does Elon's tweet have anything to do with it?

Icy_Benefit_9471

Jeez that was scary. Tried to sell LPT with nice profit but it dropped so fast I kept having to do new sell orders and kept missing them. 25% drop in 24hrs. Now I'm in the red and figure I'll hold. At same time BTC and SOL orders kicked in. Lets hope it recovers and my failure to sell was a blessing. Fake diamond hands!

Fluffytehcat

Yes if BTC can do a 2x I am pretty sure SOL can do a 2.5x all that really matters is that it will not go back to 16$ where I got it.

Low-Run-9400

Can you afford to lose it? If you can then I’d be spreading across BTC, ETH and SOL. If you can’t then I wouldn’t not be putting more than a tenth of that into crypto. Put it into bricks or something tangible instead.

Mountain-Ad326

Correct. This Dino coin pump is the funniest shit Ive seen in crypto. I cant wait to see the crying when this blows up. We all know this runs massive gains are and hve already been SOL, SUI, AI and RWA.

Fluffytehcat

To be a safe and profitable Crypro invester why not sell the top and buy again at the bottom, market always goes down 1.5 years sideways 0.5 years and up 2 years.. just wait for the sideways and buy at any point there.. Maybe even diversify into things like SOL, I made 13x on SOL this cycle and am expecting ever above 30x. (\~580$) is reasonabe I'd say..

robotalienman

That literally makes no sense. Go to jup.ag and swap into SOL. There is plenty of volume you can check on dexscreener. It sounds to me like you didn't make money. Especially since it's down another 6% from 24 hours ago.

Illustrious-Leek5672

ETH is a piece of 💩 SOL passes ETH in 5 years watch lol

jawni

>What I don't understand is how we're differentiating between 'better' and 'worse' coins? What makes one a better investment than another, other than something like pure hype or sentiment? Stocks have different values because businesses have different underlying value (plus sentiment and hype, of course). One stock does better than another because one business produces services and goods more efficiently than another. Blockchains are in the business of selling blockspace. They need to be able to keep fees low enough on be affordable on an individual basis, while generating enough in the aggregate to properly compensate network operators. Keeping this context in mind, a blockchain would be doing better than another, if it was generating more total fees while keeping the median individual fee low enough for the typical user. Qualitatively you might look at exactly how many protocols are generating fees and the distribution and sustainability of the fees. Generally you wouldn't want to be overly reliant on one protocol to generate the usage needed. If their were two otherwise equal blockchains, you'd want the chain with more diversity in usage and more sustainable usage. Here you can see a chart of the gas used by individual applications on each chain: [ETH](https://app.artemisanalytics.com/project/ethereum?from=chains&tab=activity_monitor&chartMetric=GAS_FEES_USD) [SOL](https://app.artemisanalytics.com/project/solana?from=projects&tab=activity_monitor&chartMetric=GAS_FEES_USD) [SUI](https://app.artemisanalytics.com/project/sui?from=chains&tab=activity_monitor&chartMetric=GAS_FEES_USD) [TRX](https://app.artemisanalytics.com/project/tron?from=chains&tab=activity_monitor&chartMetric=GAS_FEES_USD) You can see both ETH and SOL generating a lot of revenue from a diverse set of sources. TRX generates quite a bit, but the majority comes from stablecoin usage as TRX is the favored network for a lot of people that used USDT for their every day payments. SUI isn't even close to the same ballpark, but it's a newer chain, so it's valued more on it's potential for growth. That's basically what you look at to value L1's. Valuing DeFi protocols should be a little more straightforward as they essentially operate as analogs to tradfi institutions.

Gigiw1ns

8wXtPeU6557ETkp9WHFY1n1EcU6NxDvbAggHGsMYiHsB GME Coin on SOL. Rly no need for explanation, since it’s trivial no brainer free money. Look what happen to this coin when gme stock squeezes. Then check what roaring kitty does and why gme stock will explode within few weeks again

ScottyRed

Yes, but Polygon is a layer 2 scaling solution. It has drastically less costs, faster throughput, and more. So let's forget about investing for a moment. Let's say I'm building a blockchain product and I've got a few components; an identity wallet, (with KYC from users from which I create a DID), some kind of game that's got tokens, etc. Something like Polygon, (using MATIC), would be a good choice of platform. Maybe Solana could work as well, (though more finance oriented and has suffered some issues), and some other solutions may work as well. Great! NOW... back to investor mode... where do I want to invest? Maybe ETH is fine and will grow over time. But these others, with real use cases that are being implemented in the world and have - seemingly - defensible stories for their tokenomics; maybe these are good choices for part of the investment mix and don't cost tens of dollars just to transact. So you maybe have BTC and ETH as a couple of 'boring bases of the investment pyramid.' Some things like practical Layer 2's next. Then maybe some legit projects as value/growth. And next... cRaZy Meme Coin Lottery tickets. But the thing is, all the stuff on SOL and Polygon, (and some others), costs you trivial amounts to get in and out. And more importantly - if you're actually building a project - small and likely manageable amounts to deal with from your internal treasury. ETH? Too expensive and wild. So yes, you're right Polygon is an Ethereum (ERC-20) token. But it's also not really fair to say "Ethereum is used to make it... Polygon was built to enhance and complement Ethereum. It was developed to scale Ethereum by providing faster and cheaper transactions. It's a Layer 2 solution and works closely with Ethereum, but it is not directly created by Ethereum developers. It just integrates with Ethereum and leverages its security and ecosystem.

BlocknGhost

Go at least 50% in BTC/ETH and focus on other projects that have potential such as XRP, ADA, and SOL.

tsbsa

These aren't memecoins. SOL has a massive memecoin token market though, and the XRPL to a lesser extent does as well. Unsure about cardano. XRP has been in the top 10 coins for years, and is currently at #3 or #4 my market cap, and was actually in production before BTC was, just took a lot longer to come to market because of the goals of Ripple/XRP. XRP is meant to be a utilit