Mike Tyson, the famed boxer, has asked his 5.7 million Twitter followers how far the price of Solana (SOL) might go after revealing his all-in on the token.
Tyson, who became the world’s youngest heavyweight champion in 1986, also flashed his Catalina Whale non-fungible token, which he purchased on the Solana-powered NFT platform Solsea, according to U.Today.
Furthermore, Tyson asked if the top NFT marketplace OpenSea would offer Solana support. Earlier this week, he also started promoting DREAM, The Dream Foundation’s cryptocurrency, emphasizing the necessity of boosting mental health in the cryptocurrency ecosystem.
Tyson’s investing advice should be taken with a grain of salt. After all, he famously declared bankruptcy in 2003 after blowing his wealth on villas, exclusive parties, and Bengal tigers. Some Twitterers criticized “Iron Mike,” who previously made $30 million for his notorious 1997 battle with Evander Holyfield, of attempting to bolster his SOL bags.
After surging over 17,500 percent in 2021, SOL is attempting to regain pace and is presently trading at $148.74. The token has lost 43% of its value from its all-time high.
With that in mind, JPMorgan recently forecasted that Solana might overtake Ethereum as the premier innovative contract platform in the decentralized financial market. Despite its lack of decentralization, Bank of America believes it has the potential to become the “VISA of crypto.” However, it is up against other “Ethereum killers” like Binance Smart Chain, Cardano, and Terra.
