Just go all-in short $SOL without thinking.

The two major lending protocols in the SOL ecosystem, $JUP and $KMNO , have erupted into a civil war, attacking each other.

Leverage has always been the charm of cryptocurrencies. Now that there’s an internal war in the SOL ecosystem, and it’s within the lending sector, an explosion is inevitable.

Especially JUP—its actual situation is seriously inconsistent with its marketing, with risks of chained loans and cascading liquidations.

If something goes wrong, JUP blowing up is a small matter. At the very least, SOL could drop to $100, and at worst: SOL could be cut in half, dropping to the $60 range or even lower.

This isn’t just about SOL collapsing, or ETH and BSC picking up the pieces. This is a life-threatening level of risk for SOL holders, risk exploding 💥.

What’s interesting is: in 2021, SOL was worth $247 each, with a $70 billion market cap. Now SOL is $130 each, but the market cap is still $70 billion.

This inflation rate is another ticking time bomb for SOL. How could a “crypto king-level” project end up like this? #参与创作者认证计划月领$10,000