Bold prediction: Solana is a Ponzi

Solana foundation subsidises 90% of validators via delegations and uses the rewards and treasury to boost metrics like AUM and MEV and to pump meme coins.

Sol twitter engagement is mostly AI generated tweets and alts of Solana foundation.

1/2

Anatoly and Mert will be SBF and DoKwon of this cycle. Same hubris, same gaslighting and lies.

The collapse will happen when a disgruntled employee starts talking or when exchange employees leak flow of funds to Sol wash trading accounts

Anatoly and Mert will be SBF and DoKwon of this cycle. Same hubris, same gaslighting and lies.

The collapse will happen when a disgruntled employee starts talking or when exchange employees leak flow of funds to Sol wash trading accounts

https://twitter.com/ufukaltinok/status/1790925494608597175