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CoinOtag 2024-06-28 22:17:46

Solana Price Rally Faces Risk as Social Volume Peaks, Indicating Potential FOMO-Driven Downturn

The cryptocurrency Solana has recently experienced a breakout, but there are concerns about increasing crowd FOMO potentially impacting the rally. Data from on-chain metrics show a marked rise in Solana’s social media discussions, aligning with its price recovery. A close examination reveals that heightened social volume may indicate unsustainable enthusiasm. Solana’s recent price surge has

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