Solana crashed after Binance acquired FTX. But Why?

Solana tumbles after FTX Buyout

About FTX & Binance

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Founder of FTX

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The Acquisition

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Why Binance bought FTX?

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Why Solana is crashing?

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Fear of Uncertainty

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Also Read:

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We're on You Tube

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Solana tumbles after FTX Buyout

Solana tumbles after FTX Buyout

About FTX & Binance

About FTX & Binance

FTX & Binance are the leading cryptocurrency exchanges in the world. Infact, by volume FTX was the second largest exchange after Binance sometime back.

Founder of FTX

Founder of FTX

Sam Bankman-Fried is the founder of FTX. He's also the founder of Alameda Research, the investment arm of FTX.

The Acquisition

The Acquisition

In a tweet, Binance's founder CZ announced that FTX asked for help & to save it from liquidity crunch Binance will acquire it.

Why Binance bought FTX?

Why Binance bought FTX?

Swipe up to learn why the deal happened in the first place?

Why Solana is crashing?

Why Solana is crashing?

Sam was an early investor in Solana Labs. His venture Alameda Research hold over a $1 billion SOL. After the fall of FTX, SOL was bound to crash.

Fear of Uncertainty

Fear of Uncertainty

The panic selling is back again after FTX heads towards near bankruptcy. Next target will be the altcoins bought by Sam as part of his portfolio.

Also Read:

Also Read:

1..Binance FTX dead deal

1..Binance FTX dead deal

2..GameFi future

2..GameFi future

3..Is SOL dying?

3..Is SOL dying?

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