The FTX collapse was one of many greatest blows to the crypto market, however many collectors at the moment are taking a look at it as a possibility moderately than a setback. A brand new survey reveals that 79% of FTX collectors plan to reinvest their repayments into cryptocurrencies, with 62% Solana, 44% backing Solana tasks, one-third into meme cash, and AI tokens being the highest picks. This got here after Trump confirmed his curiosity in meme, AI and Solana additionally the brand new SEC panel is making a bullish state of affairs.
Solana Leads the Reinvestment Wave
In response to the survey by NFTevening partnering with Storible, out of 1016 respondents, 62% of collectors are keen to purchase Solana, seeing it as a prime contender for the following bull run. Regardless of the LIBRA rug pull and Meteora scandal, 44% of FTX collectors nonetheless plan to reinvest in Solana tasks.
Apparently, the survey’s construction suggests a robust bias towards Solana supporters. Solely these with no less than 10% of their portfolio in Solana or these holding $100 value of SOL for over a 12 months had been eligible to take part. This raises questions on whether or not the outcomes actually mirror the broader pool of FTX collectors or in the event that they primarily seize the sentiment of devoted Solana traders. Notably, Solana has remained a preferred selection regardless of its current worth fluctuations.
Others within the Pool Occasion
Meme cash and AI tokens are additionally on the radar, as traders chase high-risk, high-reward alternatives. Ethereum ranks second, with 31% allocating funds to its ecosystem, whereas 16% favor BNB Chain and 9% discover different networks.
In the meantime, the following FTX compensation is about for Could 30, protecting extra collectors, whereas claims have to be verified by April 11 to qualify.
Market Tendencies and the “Purchase the Dip” Mentality
Past the survey, FTX collectors’ reinvestment plans additionally depend upon market circumstances. If Solana drops beneath $145, 71% of them plan to carry or purchase extra, exhibiting robust religion within the asset’s long-term potential. This means that regardless of previous losses, many traders are nonetheless keen to double down on Solana moderately than money out.
Meme cash and AI tokens, which additionally went down in February, might additionally profit from this reinvestment wave. If even a portion of the funds circulate into these property, it might breathe new life into these booming sectors which have struggled to take care of momentum.
Is This a True Bullish Sign?
Whereas the survey paints a bullish image, it’s important to take it with a grain of salt. The outcomes primarily mirror the views of Solana-heavy traders, and it’s unclear whether or not the broader FTX creditor base shares the identical enthusiasm. Nevertheless, the truth that so many collectors are planning to reinvest moderately than exit the market reveals that confidence in crypto stays robust.
So whether or not Solana and meme cash can capitalize on this development stays to be seen, however one factor is obvious—FTX collectors are removed from giving up on crypto.
