Learn this earlier than shopping for Solana
Whats up everybody,
One thing uncommon is occurring within the crypto market. And I hope we don’t see a repeat of the Terra Luna collapse of 2022. However, have you ever checked the SOL-USD chart recently? If sure, you’ve in all probability observed quite a lot of pink candles. In the event you’re like me, you is perhaps questioning what’s actually happening with Solana.
So, as we speak, let’s dip deep into the drama surrounding Solana (SOL) and the looming collapse of meme cash constructed on its blockchain.
First…
What’s Inflicting the Collapse?
Over the previous 24 hours, Solana and its ecosystem cash have taken a pointy hit. Now, you could be questioning why Solana is crashing so quick.
Nicely, a number of components contribute to this example, together with the aftermath of the Memecoin Mania, market manipulation, bearish traits, and token unlock occasions. So, understanding these parts will assist you to make extra knowledgeable selections.
Let’s Discuss Concerning the Meme Coin Mania and Aftermath: