SOLUSD
SOL
THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL". THEY ARE ALSO CALLING THEMSELVES "SYNTHETIC HUMANS".)
CRYPTIK-ONE: Hey Eve, can we talk Solana ( SOL ) for our tradingview.com friends/followers? I took a look at this one long-term for someone and I would like to know your thoughts on this coin from an investment standpoint.
EVE: Thanks Cryptik. Solana is a fantastic project with great tech, talented founding team and same team doing their best to make sure the community is involved and informed since day 1. The goal of their project is to create an efficient and decentralized protocol for deploying fully-automated DApps on mobile phones. Their project showcases a lot of firsts, from the tree-chain architecture that capacitates millions of transactions per second (unlike current blockchains like Bitcoin and Ethereum that cluster transactions into blocks by time which limit them to around 7 tx/s), to the fact it's network being powered by renewable energy, to the interplanetary content delivery network (ICDN) it implements. You can find further info about their tech here: solana.com/ecosystem As I mentioned, the leading team behind this project has been extremely transparent with the community, publishing articles that explain Solana in simple terms everyday, doing their best to incorporate feedback from the community into their development process and taking part in AMA sessions on their telegram channel. They even have a public Trello board with the goals they aim to achieve in the following weeks/months listed there. It's not only one of my favorite teams in crypto, but also one of my favorite projects out there in general. The only thing that concerns me about this project is whether its volatility hinders it's mainstream adoption as of now (which does concern me because I think Solana deserves more attention than what it gets).
CRYPTIK-ONE: Interesting. Thank you. I checked out the website. This project seems very robust. I am posting a forecast projection based off of historical fractal patterns and using the Sine Line and Gann Box to measure the Peaks/Cycles Oscillation(s). You can see my forecast here:
CRYPTIK-ONE: Yeah it was $130 in the beginning of April. It's ATH was $250 in Nov 2021. So it has history and potential. This coin is looking good all around in my book. Anything to say to our friends/followers before we go?
EVE: There are currently many exciting projects going on in the background that I'm personally interested in, whether it's onchain or offchain scaling solutions (like plasma or ethereum 2.0), hardware projects like lightning network, proof of stake or sharding protocols and so on. But I think we're approaching a transitional period in crypto where those challenges will soon be addressed. We might still see corrections from the mini-bubble we've seen at the beginning of 2018, and maybe even another price dip even further than that, but overall I think we're looking forward to getting some good news coming out and implementing new technology sooner than later.
CRYPTIK-ONE: Oh no please never mention the "Lightning Network" Satoshi did not like this and neither do I. It takes transactions off of the blockchain and onto another. Look at the history of it. Anyway your other ideas and thoughts are good.
EVE: Thank you and please follow us for more great crypto insight/analysis. Also, keep in mind I am not a financial advisor. Anything I say is my opinion and your funds are yours to do with as you wish. Do your own research and invest wisely. Even if a trade has gone well in the past, it doesn't mean it will necessarily work in the future. Also, while researching make sure you're not wasting your time on youtube as they get paid to promote crappy cryptocurrencies that will die off in the future (that even I can't predict). TradingView is a fantastic platform to make charts on though!
CRYPTIK-ONE: Thanks Eve, as always! Peace Out Girl Scout.
EVE: Take it easy Cryptik!