I guess nobody cared

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[–][deleted] 6 insightful - 4 fun6 insightful - 3 fun7 insightful - 4 fun -  (6 children)

Alexis Ohanian, never heard of him but he's being called a co-founder.

I'm not sure anyone cares about $50 million. 1.5 billion dollars just flowed out of Solana in the last 24hrs, but usually news like this pumps the price.

[–][deleted] 7 insightful - 4 fun7 insightful - 3 fun8 insightful - 4 fun -  (0 children)

Alexis is u/kn0thing on Reddit, one of the co-founders. He and Spez are considered the only ones, now that Aaron Swartz has been forgotten and erased.

Gossip tidbits - he bounces in-and-out of being a part of Reddit as it suits him and fellow investors. He was one of the major people responsible for Victoria (u/chooter) getting fired under Ellen Pao, and is the member of the board who resigned in 2020 with the condition that a black person be hired to replace him.

He plays political games and follows the money, and is just kinda slimy all around.

[–][deleted] 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (4 children)

Not that I know anything about this, but I wonder if it's a "market correction' after a relatively good month: https://www.coinbase.com/price/solana . But I agree - funny how that recent announcement seems to have caused the 'correction'.

[–][deleted] 4 insightful - 2 fun4 insightful - 1 fun5 insightful - 2 fun -  (3 children)

They didn't cause the drop, there's actually issues people aren't talking about that shook people's faith. Solana minted twice as many coins as they told anyone about, they caught and were supposed to burn them, not sure they did. The crypto may actually be worth half what its listed for.

And we rode it up from $25. A person could stick with SOL, testing the resistance level @ 250 and failing, or just take the money they made and go for another run. LTC just went nuts. $269 -- nooch!

But this isn't a shitpost, I'd have expected positive news to pump the price a little and it didn't at all. More importantly, BAT also partnered with SOL.

[–][deleted] 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (1 child)

Solana minted twice as many coins as they told anyone about

shitcoin is shit, sell that shit. web 3.0 just means porn.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Very interesting. Thanks for the info.