Warpcast🪂🪂🔵
@rcb
🪙Why is Solana Dumping?📉 🔜Solana has broken an important support trendline that it had been holding since August 2024. 🔜Although many altcoins are dropping, Solana has an extra reason. FTX needs to pay over 2 billion dollars using Solana (SOL). 🧾 🔜This creates a negative impact because creditors may sell these tokens when they get paid. 🔜The next support level for Solana is at $160. If this level breaks, the price could drop further.⚠️
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