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RE: SBF Alameda Research currently holds 13.25% of all Solana in circulation, What does this mean for Solana?
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@forexbrokr
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1 min read
My question now is this can Alameda Research's 50 Million quantities of Solana which makes up 13.25% of all Solana in circulation cause Solana to crash to ZERO
Like you said, it might not quite crash all the way to zero.
But this could set the chain so far behind everyone else that it might not be able to recover.
I mean which developer in their right mind is going to build their cutting edge new product on Solana, knowing that price is going to go to all buy zero?
Maybe not dead, but Solana is as good as dead.
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