Solama Token jump 17% for market recovery for Solana Blockchain
Solama, wey community-driven, llama-themed meme coin for Solana blockchain, don dey see up and down for market wey be crazy. E start jump from $1 million to $100 million for market cap just 3 days after dem launch am for January 2024, and e reach highest point for all time wey pass $120 million. Recently, as market dey fall down, Solama price fall from $0.02522 to $0.01388 for 12 July, but e don bounce back to $0.01636, wey be 17.8% recovery. Dis recent rise dey come from more people wey dey join for social media and vote for Gems Radar, but token dey face pressure wey go make am go down, wey technical things like OBV and Aroon dey show. Dis project get partners wey be AssetDash and WhaleInsider, and dem dey target for long time success, by putting money wey dem make from using Solama back into am. But, because people no dey buy and sell Solama too much now, e show say market no dey too excited. Solama go dey listed for places like BingX soon, and dat fit change how much people dey see am for market.
Neutral
Solama don see one big short-term recovery of 17.8% for market come back, even though dem dey still face down pressure from technical indicators. Trading volume come down, dis one dey show say market no dey too excited again. Dem strategic partnerships and exchange listing wey dem dey plan to do soon, dem go help make dem business grow for long time, but dem no go see big changes for trade for now until market dey stable.