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#MileiMemeCoinControversy Solana's reputation has taken a hit due to its association with scams, particularly meme coin scams. The recent drop in SOL's price to $189, a 3% decline, may be attributed to the negative sentiment surrounding the platform Argentine President Javier Milei is facing fraud charges for promoting a crypto rug pull, specifically the Libra coin, which erased $4.4 billion in market capitalization within hours of launching . This incident has further tarnished Solana's reputation. Critics argue that Solana's leadership has been too passive in combating scams, in contrast to Ethereum's Vitalik Buterin, who actively opposes fraudulent activities ³. However, some defenders, like Mert, CEO of Helius, suggest that the high number of scams is a byproduct of Solana's scale rather than an inherent flaw Despite these challenges, Solana continues to show strong technical performance, with high developer activity and robust platform usage . However, investors are advised to exercise caution and do their own research (DYOR) due to the lack of oversight in the crypto space, particularly on Solana.
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Why's @Solayer so good? $LAYER is all about speed and efficiency. Upto 1,000,000 TPS to be exact. They're here for the betterment of: ✅ DeFi infrastructure. ✅ Ideal chain for games and metaverse. ✅ Decentralized AI computing platform. The future is here
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$BTC will be back above $100K. Just a matter of time now. #BinanceAlphaAlert #TraderProfile
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all eyes in for Cartesi 🔥
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🚨 FAKE NEWS ALERT! 🚨 No, Elon Musk has NOT announced a partnership with $XRP. ❌ There's zero official confirmation from Musk, Ripple, or any credible source. For now, let’s stick to the facts and wait for real news. ⚠️🔍
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