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@ademidun
Created January 6, 2022 16:52
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Some thoughts on why I think Solana is overvalued
  1. Solana went out again
  2. Their POH concept is fundamentally flawed at the consensus level and susceptible to DDOS attacks like the one that happened yesterday
  3. They're the only blockchain I know of where you're not allowed to use the blockchain if you live in certain countries. Yet they're website says it's "censorship-resistant"
  4. While all of this is happening, hopefully the VCs don't rug pull you

I'm genuinely curious, people who invest in Solana, why?

It's the 5th highest token by Market Cap yet and I just can't understand why.

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