Legendary Boxer Mike Tyson Wonders How High Solana (SOL) Price Can Rise

After declaring that he’s going all-in on Solana (SOL), the legendary boxer, Mike Tyson, is asking his over 5.5 million Twitter followers how high the price of the 6th largest crypto could rise.

As earlier reported, Tyson, who became the youngest heavyweight champion in history in 1986, also showed off his Catalina Whale non-fungible token that he bought on Solana-powered NFT marketplace Solsea.

Mike Tyson tweeted, “How high do you think Sol will go?”

Afterward, Tyson inquired whether leading NFT marketplace OpenSea would add support for Solana (SOL). Earlier this week, he also started touting DREAM, the cryptocurrency of The Dream Foundation, highlighting the importance of improving mental health within the crypto community.

Mike Tyson wrote, “Ever since I got into NFTs I have been looking for crypto partnerships and DREAM really stood out. It’s the first of its kind that can only be traded during US stock market hours. Could revolutionize the space and help the mental health of the crypto community.

One should take investment advice from Tyson with a big pinch of salt. After all, he famously went bankrupt in 2003 after squandering his enormous fortune on mansions, exclusive parties, and Bengal tigers.

Some Twitter users accused “Iron Mike,” who once secured $30 million for the infamous fight against Evander Holyfield in 1997, of attempting to pump his SOL bags.

After soaring over 17,500% in 2021, SOL is struggling to regain momentum, currently trading at $148.74. The token is down 43% from its all-time high.

With that being said, JPMorgan recently predicted that Solana could emerge as the leading smart contract platform, challenging Ethereum’s dominance in the decentralized finance space.

Bank of America on the other hand went as far as predicting that it could become the “VISA of crypto” despite relatively poor decentralization.

Yet, it is facing competition from other Ethereum killers such as Binance Smart Chain, Cardano among others.

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Tobi Loba

Tobi Loba is a passionate writer with a vast interest in the stock market. She joined the crypto ecosystem about three years ago and has written lots of ebooks and articles in relation to cryptocurrency and blockchain projects. Tobi Loba earned her degree at the University of Ibadan.