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Web3 CEO Makes Mockery of Solana as It Drops Below Shiba Inu

Published 2022-12-27, 10:07 a/m
© Reuters.  Web3 CEO Makes Mockery of Solana as It Drops Below Shiba Inu

  • Two Solana-based NFTs announced migration to other chains within 48 hours.
  • A Web3 CEO believes Solana’s current provides a potential opportunity for greatness.
  • Before the FTX fiasco, Solana had a $13.5B market cap and traded above $37.5.

The CEO of MoralisWeb3 makes a mockery of the Solana (SOL) network as the blockchain project plunges further. The CEO laughed at Solana, saying it has lost its ranking, falling below even the meme Shiba Inu which is worth less than a penny.

MoralisWeb3 CEO, with the username IvanOnTech on Twitter, asserted that blockchain developers are uninterested in building on a dying infrastructure like Solana. However, he believes the current situation provides a potential opportunity for greatness.

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