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Robert Kiyosaki’s Solana tip: How it made investors 80% richer

Robert Kiyosaki's Solana tip: How it made investors 80% richer

Two years ago, Robert Kiyosaki, a popular investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ gave a piece of advice to his followers, telling them to invest in Solana (SOL), among other assets, and buying it at that time would have been very profitable.

As it happens, Robert Kiyosaki praised the native token of the open-source decentralized finance (DeFi) platform, positioning it next to the likes of Bitcoin (BTC) and Ethereum (ETH), and telling his followers to stockpile on it in preparation for the possible war, according to an X post on March 29, 2022.

At the time of his post, Solana was changing hands at the price of $106.33, making a sharp downward turn not long after, trading largely sideways, in the area between $10 and $30 until a renewed push that started in December 2023, and culminated with its current price of $187.17.

Solana price on March 29, 2022
Solana price on March 29, 2022. Source: CoinMarketCap

Indeed, the current price of this cryptocurrency is 76.03% higher than at the time of Kiyosaki’s post, which means that those who bought the SOL token when he said to, would now be nearly 80% richer. In other words, $10,000 worth of SOL at the time would today be worth $17,603, turning a profit for the investor.

Solana price today

As things stand, Solana’s price at the time of publication suggests a decline of 3.51% in the last 24 hours, a 9.05% gain across the past seven days, and an 80.67% advance over the month, according to the most recent information obtained by Finbold on March 27, 2024.

30-day Solana price chart. Source: Finbold

Recently, Solana has been one of the leaders of the crypto market rebound, which saw Bitcoin getting back on track to restore its $70,000 level, recording massive gains in terms of market capitalization, which increased by a whopping $6.3 billion, from $76.98 billion seven days ago, to the current $83.28 billion.

Solana price prediction 2024

At the same time, Solana price prediction artificial intelligence (AI) algorithms have set its price on the course toward further gains this year, possibly even a new all-time high (ATH), beating the previous record of $259.96 it attained on November 6, 2021.

12-month Solana price prediction
12-month Solana price prediction. Source: CoinCodex

Ultimately, Robert Kiyosaki had a good feeling about this crypto asset, which has proven well-placed in the long term. However, the situation in this field can change suddenly, so doing one’s own research, observing the Solana price history, and following Solana news is critical before investing in it.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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