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Should You Buy Solana While It's Below $30?

TheMotleyFool

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Should You Buy Solana While It's Below $30?: https://g.foolcdn.com/editorial/images/719601/thoughtful-person-looking-at-open-laptop.jpg

Thus far in 2023, Solana (CRYPTO: SOL) has been one of the standout performers in the crypto market. It is up 76.38% over the past 30 days, and currently trades at $23.34.

That's welcome news for Solana investors, who feared that its price might be going to zero after the disastrous meltdown of FTX (CRYPTO: FTT) in November.

The only problem is that Solana appears to be overheating right now, with its gains far outpacing those of traditional market leader Bitcoin (CRYPTO: BTC), which itself is up an impressive 36.10% over the past 30 days. So now comes a moment of truth for investors: Should they continue to buy Solana while it's below $30?

Source Fool.com

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