ššš #SolanaDown 15% in past seven days amid claims of alleged $SOL investigation
Solana has been thrust into the spotlight amid claims by analyst Crypto Bitlord regarding an alleged investigation, sparking a wave of criticism and controversy among crypto analysts and Solana supporters on X.
According to Crypto Bitlord's recent tweet, rumors of an investigation into Solana have been circulating for several weeks. The X community heavily criticized the influencer for his assertion, labeling it as mere speculation rather than verified information.
The tweet coincided with Solana's recent price decline, with the cryptocurrency witnessing a 15% drop over the past seven days. This combination of price movement and speculative claims amplified concerns within the market.
Among the reactions, #CryptoAnalyst Evanss6 (@Evan_ss6) expressed a pessimistic outlook, suggesting that the community might be witnessing the "death of Solana."
Conversely, Luke (@toroscrypto) supported Crypto Bitlord's stance, referencing earlier predictions that Solana could face challenges similar to those experienced by LUNA in previous cycles.
In contrast, analyst Ricki.sol (@rickicryptostix) of #MonkeDAO dismissed Crypto Bitlord's allegations as baseless, labeling the supposed investigation as "nonsense."
Solana Labs has yet to respond to inquiries regarding these developments from FXStreet.
Source - fxstreet.com
