A First Look at the Newest Addition to Binance: SOL

SOLBTC Just got listed on Binance.

Sola is the next generation decentralized social platform that incentivizes and benefits all involved parties — users, third-party developers and the core team. The name Sola is an acronym for “social layer.” Sola is an open ecosystem, which means that most of its source code will be made open source and available for audit, improvement and usage by anyone.
It is a cryptocurrency token and operates on the Ethereum platform. Sola Token has a current supply of 127,864,775 with 28,948,936.515 in circulation.

We immediately got greeted by a 420% increase in its first hour. Extreme volatility is common for new listings. After the spike up we are seeing a small descending triangle forming. A first bearish sign for this pumped coin.

Let's see what SOL has in store for us in the coming weeks!

Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.

- Trading Guru

--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!