📌 What happened before the 2021 altcoin season started?
And is this the time?
In today's article, I will compare the chart of $SOL. I chose this coin because the Market Makers of this project are the biggest drivers in the market and they clearly understand when is the time to pump altcoins.
1, Looking back at Sol's history
- The period when the $SOL token was launched was also the token launching period of many projects after that. Does everyone see it similar to Q1-Q2? A series of airdrops, a series of projects rushed to launch tokens in June.
- After that, $SOL went through a long decline, divided by 5 from ATH after listing. This period was quite special, it decreased while BTC decreased and even when BTC was sideways, increasing again, SOL and many other big coins in the previous season such as NEAR, AVAX still decreased.
- There was a recovery period after that, SOL recovered more than 100%. Other coins also recovered from 50-100%. At this stage, everyone thought that the uptrend had arrived.
- Th…