SOLUSD Greater Fool coin BTCUSD wobbles WILL affect the wider market as the common (mis)conception is that "crypto" is all one thing. But whereas BTC pioneered the superb distributed ledger concept, the coin itself is held back by the old, slow first-gen implementation and (overlooked often) appalling energy efficiency.
Its value is as a Ponzi coin, reliant on pyramid-style economics to keep growing. Hence the incessant social media (and some vested institutional) cheering - they NEED to convince more to buy in. The smart money, as can be seen from the diminishing BTC dominance, is already quietly making for the exit.
SOLUSD is fundamentally different to BTC. It has actual transactional utility and thus economic value. This is a trading not investment site, so by all means surf the waves, but for those with a longer horizon and perhaps other things to do with their time, just take the staking return and go with the tide. Economic utility always triumphs over pyramid schemes.
I think this could be one of the last dips that can be bought before a new ATH. The head and shoulder pattern (to which B33rM3 was already pointing to, that it was about to be formed) + breaking under the trend line mentioned by csikz was indeed the bad signs. I think I had to take the partial profit yesterday while it was still possible and buy back in again today. Nevertheless, I will buy some more here since whales are buying the dip from BTCUSD and ETHUSD now.
SOLUSD Greater Fool coin 
BTCUSD wobbles WILL affect the wider market as the common (mis)conception is that "crypto" is all one thing. But whereas BTC pioneered the superb distributed ledger concept, the coin itself is held back by the old, slow first-gen implementation and (overlooked often) appalling energy efficiency. 
