1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

klientel

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Haven't had time lately to keep up on this. What is the main reason SOL is taking a hit? Down 55% last 7 days.
It’s heavily tied to FTX. They are the biggest SOL bag holders and the main thing propping the token up. Now that FTX is dying it’s dragging SOL with it. And FTX is dumping a shyt ton of SOL which creates a ripple effect in the market
 

klientel

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Might be cause its morning in the Asian markets and overseas. Let’s see what happens the next few hours.
In about 7 hours is the next solana epoch. So everyone that has solana staked can withdraw it. There’s going to be hundreds of millions worth of SOL dumped at once assume the network doesn’t crash. I expect it to tank down to basically nothing by tomorrow…..

But I could be wrong :yeshrug:
 

Originalman

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In about 7 hours is the next solana epoch. So everyone that has solana staked can withdraw it. There’s going to be hundreds of millions worth of SOL dumped at once assume the network doesn’t crash. I expect it to tank down to basically nothing by tomorrow…..

But I could be wrong :yeshrug:

Yeah that is word...however realize that the SOL on FTX doesn't mean that it will all be released. Its a good chance some of it will be stuck on there.
 

Brolic

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People still trusted companies with their life savings after seeing what happened to UST, Celsius, Voyager, and Hodlnaut :why: I sold my stable coins and put it in a HYSA when Celsius went under. At this point people should know that a company is about to collapse if they send you an email that says everything fine.
 

Tres Leches

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here come the "fake money" dumbasses:hhh: , go tell that to the citizens of venezuela , argentina, lebanon , turkey , etc. this 'volatility' aint shyt for them:aicmon:



dont include btc and eth with the other shytcoins :hhh:
 
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