Several members of the cryptocurrency community have criticized the three co-hosts of the All-in Podcast for their comments on the popular altcoin Solana. Among the speakers was the famous billionaire Chamath Palihapitiya. Here are the details…
Reactionary comments from billionaires to the popular altcoin project
Solana has attracted the attention of many, with its value gaining over 17,000 percent this year. Solana is a functional open source project based on the permissionless nature of Blockchain technology to provide decentralized finance (DeFi) solutions. Chamath Palihapitiya, CEO of Social Capital, venture capitalists Jason Calcanis and David Sacks all announced on the podcast that they have invested billions in Solana. However, hinting that they will soon liquidate Solana assets was seen as akin to the capitalist spirit the blockchain community is fighting.
A Twitter user nicknamed GooseOfCrypto said the three were just ranting, with little concern about how FUD (fear, uncertainty and doubt) would affect Solana’s price. “Oh, a bunch of billionaires are joking about Solana pump and dump,” he said. According to crypto phenom Peter McCormack, such billionaires are more interested in using the Web 3.0 concept to become richer rather than focusing on the benefits of this technology to humanity.
cryptocoin.com As we reported, Solana (SOL) recorded a new all-time high (ATH) on the night of November 4, 2021. SOL, which managed to rise up to $ 249, experienced a pullback after its ATH and fell to $ 237.
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