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Daan Crypto Trades|Feb 17, 2025 14:56
This is going to be an interesting chart to watch for the next few weeks.
SOL Interest peaked post TRUMP Launch, after which a series of scams, rugs & grifts started. This happened in a weak market which caused a lot of PvP and the on chain/meme ecosystem to get destroyed. Which was primarily on SOL and what was the fuel for it's strong run up to that point.
With interest in memes seemingly fading away for the time being, there seems to be capital rotating from SOL into ETH for the first time in a while.
2021 all time high level at ~0.058 on SOL/ETH has been pretty influential this cycle. Let's see what happens next.
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