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With Solana and TRON struggling, PropiChain’s whitelist presale presents a promising opportunity for investors, potentially offering returns of up to 6000x.
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Over the years, Solana (SOL) has gained the status of a well-established blockchain. However, it has struggled in its consolidation phase for the past few months. The ranging motion has let investors hold, leaving them trapped and unsure of future growth.
In recent reports, TRON (TRX) has reached an impressive milestone – a record $577 million in revenue for Q3 2024, surpassing crypto giants in network earnings. Despite this, TRON has shown weak price action in the market.
Crypto analysts suggest the PropiChain (PCHAIN) whitelist presale might be an excellent opportunity for investors to enjoy returns up to 6000x. Let’s see what this new token has to offer.
Solana experiences decreased trading activity
The current Market Price of Solana is $143.16 after an intraday decline of nearly 0.7%. For Solana, daily trading volume has plummeted by over 58%, showing a significant decrease in liquidity.
Solana has been trading in a sideways range for an extended period. Explosive movement in either direction is expected when the price breaks away from this area. The Solana price action has been consolidated, and the daily volume is significantly less than average.
Solana has an immediate support level near $132.83, where bullish pressure is expected. A resistance level is at the $161.91 zone, which Solana has been unable to break for the past couple of months.
Will TRON break or continue the trend?
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Author: Guest Post
