Cryptocurrency 40 minutes ago (Dec 30, 2022 11:00AM ET)
Crypto Analyst Says There is No SBF to Bid Up Solana With Stolen Funds
- Meme coin minimalist Evan Van Ness states bidding SOL is not a value bet.
- Ness stated that every day is getting flipped by some other altcoin.
- Solana took a hard punch after SBF’s fall.
Meme coin minimalist Evan Van Ness recently released a slew of tweets about Solana. Ness was speaking about the downfall of SOL after the fall of the FTX exchange. He stressed the fact that if users think that bidding SOL is a value bet, then they are just exiting liquidity for the multicoin LPs.
If you think that bidding $SOL is a value bet, then you’re just exit liquidity for the Multicoin LPsRemember that $SOL was worth a couple bucks before SBF started bidding it up using stolen moneyAnd even then it was only worth a buck because all the investors were locked up pic.twitter.com/xFF7O7HpkD
— Evan Van Ness
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