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Analysis of Solana DeFi project price performance: KMNO up 60 per cent, DRIFT up 32 per cent

Analysis of Solana DeFi project price performance: KMNO up 60 per cent, DRIFT up 32 per cent

Bitget2024/08/08 16:28


On August 8, crypto researcher flow posted on the X platform that the Solana DeFi project's price performance since the last crash has been noteworthy: KMNO is up 60% from its lows, and DRIFT is up 32%. KMNO is up 60% since its lows and DRIFT is up 32%. Some tokens such as BORG and RAY have a strong price correlation with SOL, while JTO is lagging a bit.

 

5-Day Price Performance: Over the past five days, all tokens have performed negatively and have yet to fully recover from the crash. BORG is the least affected and RAY is the worst performer.

 

1-month price performance: ORCA was the best performer, up 40%, while DRIFT was the worst performer, down 35%. Other tokens performed between 10% and -10%.

 

3-month price performance: all tokens are down, divided into three groups: ORCA, $SOL, $RAY are relatively strong; JUP, DRIFT, BORG, JTO are down 30% to 40%; PYTH and KMO are the worst performers.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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