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Is it Too Late to Buy Solana? SOL Price Bounces 14% From Recent Bottom and This New AI Crypto Platform May Be the Next Best Performer – Here’s Why

Joel Frank
Last updated: | 3 min read
Solana / Source: Adobe – kolonko

Investors are asking whether it might be too late to buy Solana (SOL) in wake of its 14% bounce from weekend lows.

Did investors miss their opportunity to buy the SOL dip?

Solana, the cryptocurrency that powers the high-performance, smart-contract-enabled Solana layer-1 blockchain, saw a cascade of sell pressure that week in wake of the US Securities and Exchange Commission’s claim in its lawsuits against Binance and Coinbase that Solana is actually a security.

The SOL price dropped from as high as $22 on Monday to lows under $13.50 on Saturday but has since recovered to the $15 area.

Uncertainty regarding the US regulatory outlook looks set to continue weighing on the price of SOL and the price action continues to look bearish.

That suggests SOL could soon print new lows, meaning that investors have not missed their opportunity to “buy the dip”.

But buying now is perilous, as SOL could drop nearly 50% from current levels to test its late-2022 lows around $8.0 in the coming weeks in wake of its break of support in the $16 area.

Investors looking for a better shot at near-term gains might want to consider getting a hold of some of viral new AI-powered crypto price prediction platform yPredict’s native $YPRED token, which many industry experts are predicting may be the next best performer.

Indeed, analysts at Cryptonews.com rank yPredict’s presale as one of the hottest of 2023.

yPredict (YPRED) – The Next Best Performer?

A ground-breaking new AI-powered crypto trading and market intelligence platform called yPredict is building a first-of-its-kind, institutional-grade crypto price prediction system.

According to observers, the tool, which is powered by yPredict’s in-house deep data analysis, will help crypto investors discover the next explosive crypto with ease.

The best part, yPredict’s crypto price prediction system will remain free and open for all users to access – the price predictions will be made publicly available and require no login to see, the project’s Whitepaper explains.

But yPredict offers investors much more than just crypto price predictions.

The project is “building a cutting-edge crypto research and trading platform that provides traders and investors access to dozens of AI-powered signals, breakouts, pattern recognition, and social/news sentiment features”, the start-up says in its Lite paper.

The platform’s technology was designed using state-of-art predictive models and data insights built by top 1% AI developers and quants.

Meanwhile, “the ypredict.ai marketplace will enable experts to earn recurring revenue by offering their model predictions or data research as trading signals, which traders and investors can subscribe to”.

As AI continues to make waves in the crypto industry, projects like yPredict are expected to attract significant interest and user bases.

That’s why many industry observers are tipping AI cryptos like yPredict’s native $YPRED token to be amongst the next best-performing coins.

Visit yPredict Here

Get in on the yPredict Presale Now

To fund the development of its revolutionary AI-powered crypto trading and market intelligence platform, yPredict is running a presale of the native $YPRED token that will power its platform.

The presale is absolutely flying and just hit the massive $2.2 million milestone.

The project’s presale is in its sixth stage, with $YPRED tokens selling for $0.09.

However, there’s still plenty of upside for new investors, as the token will list across major exchanges for $0.12 later this year, for paper gains of 33%.

But the pace at which yPredict’s $YPRED token continues to fly off the shelves means that investors need to be careful not to miss out before the presale sells out.

yPredict has a presale hard cap of $6.5 million, which could be hit in a couple of weeks if the presale continues to gain pace like it has in recent days.

The 33% gains that investors who get in now can secure could pale in comparison with the upside $YPRED could enjoy in the long run.

Visit yPredict Here