Something big might happen to $SOL, 90U is not the bottom, don’t buy the dip!!!

Did everyone know that Jump liquidated its Solana token positions when the market crashed yesterday?

The Solana chain is booming and has a bright future. Why would such a powerful high-frequency quantitative institution like Jump choose to liquidate its positions? ? ?

The $SOL tokens that were cleared went into your wallets. We gave the stablecoins to Jump.

At such a low price, when is the best time to buy at the bottom? Who is the idiot?

I, Little Cookie, will tell you a shocking truth today: $SOL will hardly return to 200

The information I judge comes from public data

🔹Solana lost $1.8 billion in the first half of the year alone, and the losses are accelerating

🔹Solana has unlimited additional issuance, with 161 million additional issuances in three years, and institutions are cashing out like crazy

📜Financial data

Solana has been losing money every quarter: from 160 million, 370 million, 840 million, to the second quarter of this year, it lost 950 million in just three months! The loss is still accelerating and there is no way to stop it!

Has anyone told you these amazing statistics? Wake up, leeks, and be cautious when buying!

🌋Unlimited issuance

Since August 2023, the supply of SOL tokens has increased by 60 million. At the current price of 140U/coin, it is equivalent to selling 8.4 billion US dollars to the market, all of which we have taken over.

In October 2021, the total supply of SOL was only 301 million, and three years later it was 462 million. This is an annual increase of 15%. With such a high inflation rate, will you still take over?

In this bull market of 2024, VCs are all smiling and counting money and going on vacation

Only the leeks are still dreaming that SOL will return to $200

I hope this article can help everyone have an independent, objective, calm and clear understanding.

I hope everyone can avoid pitfalls and make more money!

End of article

Data Sources

Solana’s July financial report released by @Coin98Analytics

@MessariCrypto’s token issuance data