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Solana Price Plunges 45% Amidst Converging Bearish Factors
Solana's SOL token price dropped 45% from ~$290 on January 19 to ~$160 on February 18 due to decreased on-chain activity, the collapse of the Argentina-based LIBRA coin, an upcoming token unlock, and past scams; these events have eroded investor confidence.
Solana Price Plunges 45% Amidst Converging Bearish Factors
Solana's SOL token price dropped 45% from ~$290 on January 19 to ~$160 on February 18 due to decreased on-chain activity, the collapse of the Argentina-based LIBRA coin, an upcoming token unlock, and past scams; these events have eroded investor confidence.
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48% Bias Score
Reduced Inequality
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