Taking an investment step in the crypto market these days requires more careful planning to escape the bear trap. The impressive jump of the Solana price and some top altcoins earlier this year have turned attention to crypto. But while talking about investing in crypto, what does it mean to be a crypto whale? How much do you need to invest to be a whale? Also, what is the effect of being a whale on your portfolio?
The questions above are the million-dollar questions that could help you make the best investment decision this year. This is because it helps you decide where and how to invest. Let’s take a deep dive into the subject.
Why Solana Price Growth Was The Absolute Ticker This Year
As of January 2021, the Solana price was at a low of around $1.5020, offering the top opportunity for investors to get a quick entry. However, investing in low-priced crypto assets comes with a lot of confidence as the reputation of these assets is always in question.
However, buying a value as low as $1000 in January 2021, when the price hit $1.5020, would have upgraded such investors to a whale status today. This is because the Solana price got to a high above $290 in January of this year.
While achieving whale status is often attributed to buying a large amount of the crypto asset, getting a well-timed entry could make all the difference. With the Solana price hitting a new ATH of $294 earlier this year, an investor who had bought a thousand dollars worth of Solana when the price was $1.5020 in 2021 would have been worth over $195k. While this is less than a million, the large quantity of the Solana token will have given such a person a reasonable stake in the Solana ecosystem.
Remittix Set To Build New Crypto Whales
If you miss out on the best entry with the Solana coin, this new Cardano alternative is setting a new opportunity to become a crypto whale. The Remittix token is currently on presale and at a price that experts believe could be an absolute steal as the coin continues to take a stronger stand in the crypto world.
With the Remittix token price currently at $0.0734, an investment as low as a thousand dollars could help you attain whale status with this new token in the coming months.
The Remittix token has continued to make its mark in the crypto world in the last few months with the impressive growth of the token ICO. While other crypto assets continue to see a huge drawdown, the Remittix presale continues to see a swell in funds raised, showing it could be attaining a haven status.
Crypto analysts currently predict a surge up to 100x for this new token in the weeks following its official launch. One major influence on these predictions is from the utility of the token and the revolution the Remittix exchange is projected to bring.
As cryptocurrency continues to hit a wider reach, more innovative options are projected to hit the market, but the Remittix solution has been a huge one lately. The Remittix exchange allows a quick crypto-to-FIAT payment solution that seamlessly delivers crypto transactions, such as FIAT payments to traditional bank accounts.
Experts believe this revolutionary solution could turn the Remittix token into an instant sensation when it hits the market in the coming weeks.
Take advantage of this token at the current price, as it puts you on the path to becoming a crypto whale in the coming months. Keep buying the Remittix token to increase your profit potential and gain a stronger position in the future of crypto payments. Check the links below for a step-by-step guide to start investing in the Remittix token today.
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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