2 major negatives! Solana may face major hidden dangers, and the price of the currency is difficult to return to $200!
I will tell you an amazing truth from the published data. It is difficult for SOL to return to $200.
First of all, from the financial data, Solana has been losing money every quarter: from a loss of 160 million, a loss of 370 million, a loss of 840 million, to the second quarter of this year, a loss of 950 million in 3 months! The magnitude of this loss is still accelerating, and it can't be stopped!
The second point, which is also extremely important, is that SOL tokens are unlimited and the inflation rate is extremely high. Since August 2023, SOL's token supply 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, which is an annual increase of 15%. With such a high inflation rate, do you still dare to take over?
2024 is called the year of anti-VC. In the past, we have all been "cheated" by VCs. It is time to think calmly and independently and face it.
