There is a vast difference between SOL Coin in 2022 and today, and the popular altcoin narrowly escaped death. After dropping below $9 due to the FTX collapse, Solana (SOL) climbed to $205. Now, it is trading at $172. LUNA, on the other hand, fell by more than 99% after reaching a record price in 2022.
Terra (LUNA)
Do Kwon has not yet been extradited to South Korea or the USA. The court has repeatedly issued and canceled extradition orders. One of the best decisions in Do Kwon’s life was probably fleeing to Montenegro. Perhaps years later, we will still be surprised to see that he has not been extradited to either country to serve his sentence.
LUNA Coin has not seen much improvement under the new CEO, and the once-popular altcoin has been left to speculative traders. There are many alternatives, and their founders are not under house arrest in Montenegro. Therefore, things are tough for LUNA Coin.
For those looking at the price, the barrier at $0.69 has been mostly forgotten except for a few attempts. We might see jumps up to $1.15 with closures above this level. The $0.88 level could be where speculative traders jump on the train to make a profit.
SOL Coin Predictions
BNB Coin was striving to reach its ATH level by surpassing the $635 resistance while SOL Coin was lingering at $205. BNB Coin reached its goal, but SOL Coin is still below the $188 and $205 resistances. Buyers need to take action for a new peak beyond $300. This will require a hype similar to what was seen in the first quarter within the Solana ecosystem.
MOVR Coin Commentary
On December 24, 2023, the price surged abnormally to $44. Then, it retreated to the $10.06 region and is signaling a comeback. If MOVR Coin can continue to close above the $17.8 resistance level, the $23.65 and $27.6 resistances will come into play. Above that, we will see a clear area for new peak attempts up to $44.
