Is the king-level project $SOL seconds turning into a dead-level project?
You can mindlessly go for SOL‼️
Blockchain information indicates: the two major lending protocols $JUP and $KMNO within the SOL ecosystem are in a civil war, with the two founders tearing each other apart 🔥
Leverage has always been the charm of cryptocurrency, and now with the internal war in the SOL ecosystem, especially in the lending sector, a collapse is inevitable.
Especially with JUP, the actual situation of this thing is seriously inconsistent with its promotion, with risks of cascading loans + cyclical explosions.
Once a situation arises, JUP exploding is a minor issue.
The key is that if JUP explodes, the resulting liquidation could also cause SOL to explode.
If SOL explodes, to put it mildly, it could drop below 100U, or to put it more seriously: SOL could be halved directly, going down to the 60U range or even lower.
This is no longer just a SOL explosion; it has become a question of whether ETH or BSC can pick up the pieces.
This is a fatal problem with holding SOL, the risk is explosively high 💥.
Interestingly: in 2021, one SOL was worth 247U, with a market cap of 70 billion. Now one SOL is 130U, and the market cap is still 70 billion……
This inflation rate is also a landmine for SOL; you can't blame CZ for going crazy over it, mainly because SOL currently has quite a few of its own flaws.
🤔Thinking from a different angle, is it time to consider investing in SUI?
{future}(KMNOUSDT)
{future}(JUPUSDT)
{future}(SOLUSDT)