#SOL dipped below $240.#

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Hot Topic Details

Hot Topic Overview

Overview

SOL price has been on a decline recently, falling below the $240 mark. According to Binance data, the SOL/USDT trading pair has dropped 7.33% in the past 24 hours, currently trading at $241.17. Previously, SOL price had already fallen below the $260 mark, and since the Twitter announcement, SOL price has fallen by 20% cumulatively, entering a bear market in the past 12 hours.

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Analysis

SOL has experienced significant price fluctuations recently, breaking below the $240 mark and recording a 7.33% decline in the past 24 hours. Previously, SOL had dipped below $260 before rebounding with a 24-hour gain of 3.06%. Analysts point out that SOL has dropped by 20% since Twitter's announcement and has entered a bear market in the past 12 hours. While market sentiment is currently pessimistic, SOL's price remains volatile. Investors are advised to exercise caution and monitor market developments.

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Classic Views

SOL price continues to decline, breaking through the $240 mark

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SOL has fallen more than 7% in the past 24 hours

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SOL has fallen 20% since the tweet was released

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SOL has entered a bear market

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