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52308801 No.52308801 [Reply] [Original]

Solana price is falling due to FUD and panic, are the current prices good for buying? or should I wait to see if they fall lower?

Solana at 20 is quite cheap, opinions?

>> No.52308816

>>52308801
What the fuck am I looking at? What is this garbage? What is its use?

>> No.52308818

>validators unstaking $1bil of tokens
>whale is getting liquidated on Solend for $30mil
>VCs frontrunning each other to the exit door

>> No.52308828

>>52308818
will this impact btc?

>> No.52308838

>>52308818
how can i profit from this?

>> No.52308902

>>52308828
I dont think it has large exposure towards BTC, the answer is "not directly". You should understand after these 2 days capital is not touching crypto again, we're in for slow bleed for months

>>52308838
I shorted at 14, buyback at 4$

>> No.52308944

This isn't "FUD" you fucking retard, it's bleak reality. Almost a billie SOL is going to be unlocked tomorrow and guess what these stakers are going to do.

>> No.52308994
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52308994

>>52308944
Meaning that tomorrow the price might drop even further? how much time do you think this panic will last before the price gets stable.
I have high interest in the project and I am certain prices will rise after this panic.

>> No.52309021

>>52308994
not "might". It will be 100% guaranteed bloodbath

>> No.52309069

A chain that needs restarting regularly. This board really is a board of mongoloids.

>> No.52310505
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52310505

$1bn in SOL (1/6 of current mcap) being unlocked in the next 24h

i'd sell now kek

>> No.52311160

lmao imagine buying sol right now
you're just wanting to get fucked

>> No.52311204

>>52310505
That's an enormous amount, 13% of SOL supply lmao

>> No.52311300

>>52308994
Don't worry, it'll stabilise pretty quickly once it hits 0

>> No.52311376

>>52308801
sol is an illiquid shitcoin right now and sam cant bid $3
get ready

>> No.52311406

>muh its just FUD
i instantly sell any bag I have when I see holders using this cope

>> No.52311845

>>52308994
friend...is VC shit, all of them will exit with as much money as possible, bleeding the shit out of sol to 0. all market will be affected, just look at what happened to FTX now think about the imapct for a top 10 coin,

>> No.52312680

>>52310505
jfc

>> No.52312844
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52312844

just wait for the $1 billion in SOL to unstake tomorrow. its going to be a bloodbath
i wonder who’s going to benefit from all of this… oh wait

>> No.52312939

My SOL is part of that 1b waiting to be unstaked. What's even the point of selling under $10? i might as well become a sad eternal baggie like some pathetic linkie

>> No.52312941

>>52312844
how many hours left?

>> No.52313351

>>52312941
around 18

>> No.52313376

>>52312844
what does that even mean? MATIC will also be affected if SOL goes to zero. the entire market will be affected

>> No.52313401

>>52313376
MATIC might be affected in the short term but this means that Solana builders and users will soon hop over to Polygon just like what happened with Terra Luna