The FTX collapse was one of many greatest blows to the crypto market, however many collectors are actually taking a look at it as a chance relatively 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 situation.
Solana Leads the Reinvestment Wave
Based on 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 powerful bias towards Solana supporters. Solely these with at the very least 10% of their portfolio in Solana or these holding $100 price of SOL for over a 12 months have been eligible to take part. This raises questions on whether or not the outcomes actually replicate the broader pool of FTX collectors or in the event that they primarily seize the sentiment of devoted Solana buyers. Notably, Solana has remained a preferred selection regardless of its current value fluctuations.
Others within the Pool Social gathering
Meme cash and AI tokens are additionally on the radar, as buyers 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 reimbursement is about for Could 30, overlaying extra collectors, whereas claims should 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 under $145, 71% of them plan to carry or purchase extra, displaying sturdy religion within the asset’s long-term potential. This implies that regardless of previous losses, many buyers are nonetheless prepared to double down on Solana relatively 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 move 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 replicate the views of Solana-heavy buyers, 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 relatively than exit the market exhibits that confidence in crypto stays sturdy.
So whether or not Solana and meme cash can capitalize on this pattern stays to be seen, however one factor is evident—FTX collectors are removed from giving up on crypto.