Solana was a highly calculated and meticulously planned operation to synthesize a crypto asset hype cycle to allow its backers to recoup their losses, protect themselves from lawsuits, and extract speculative capital from the crypto industry.
The bull thesis for Solana was that its backers would have to pump it to save themselves. Anyone who bet on Solana at $8 based on this thesis is a genius. Anyone who bet on Solana for the “community” or “real projects” or “casino” theses is retarded and got lucky but was wrong.
That’s why Solana is dumping to zero like every other memecoin. Solana never had true upward reflexivity because no real capital ever wanted it. All of Solana’s appreciation was calculated momentum ignition by backers with the cash to guarantee an attention-grabbing pump.
there won’t be a Solana ETF because it’s not a real asset. Solana was a fake chain inflated by SBF to cynically steal the industry’s capital in the original low float, high FDV scam, and its resurgence was a fake hype cycle to recoup losses for the rich backers that SBF fooled.
Remilio.
Loaded some more $GME on sol at $85m
Since Roaring Kitty is 120k of this 146k open interest for the GME June 20 strike.
He really needs to get the ball rolling higher here and for a bunch of lemmings to follow behind.
And we know that any slight presence of him pumps the coin 5x
CRYPTO BREAKING NEWS
This Wallet Spent $2M On 'Crazy Buy' Of 135M GME Meme Coins. Lookonchain data highlighted a new wallet trading the GameStop (CRYPTO: GME) meme coin, instantly making it one of the largest holders. read more check us out @ https://t.co/8dh137buUp
Someone has purchased nearly 10,000 SOL ($1.61 million) of $GME.
This purchase briefly pushed the token up to $0.03 and a market cap of $300 million. It has since retreated 50% to $87 million and $0.015 ...... but there are new wicks to be filled.
#NFT#NFTComunity
Looks pretty similar no?
The first image was made by the #HARAMBE CTO team.
Seems Elon wanted the post (soft shill) to stay on-brand.
His 2nd favourite meme is no longer a secret - Don't fk this up.
The noodle hands lost this battle. 💪🦍💪🦍💪
I do believe that the latest pump brought on by the 750k purchase brought needed attention back to the gorilla coin.
It could see big moves when the market shifts green again.
Keep your dicks out.
#Harambe
Whales pushing #harambe , $ 750K worth accumulation from 1 wallet in 20 minutes.
I was calling harambe at 8M mc a week ago. Already 4X .
Pretty sure it’s the next big meme @harambeonsolana