I can't really predict what will happen to most of the projects that Alameda Research has invested in.
I think it's too early to say, given that many projects are under the control of Alameda Research. But it's quite possible for some (if not all) of them to bounce back. We have already seen some of them bounce back after a slight drop in value (like Zennet and Solana).
In my opinion, this is the impact of tokens or coins as a whole as people nowadays are hesitant to invest in certain crypto projects nowadays or trade coins because of the FTX case.
Topic: Should you avoid anything funded by Alameda Research / FTX ? - page 2. (Read 245 times)
I just sold my 150 Solana out of FUD ( thinking I might buy it back at $5 soon ), and I am now worried many other projects were backed by Alameda Research. Are these projects doomed too, or can some of them ( like Helium ) survive and eventually thrive again ?
Take Solana as an example of what happened. We all know FTX Exchange is the major backer of Solana and look what happened to Solana, it seems Solana is following the FTT token.But I believe Solana will still stay even though FTX/Alameda is already out of the market.
Solana is the most used L1 network after Ethereum, so I believe Solana is still worthy, wrong timing only.
Does Solana have any strong connection with FTx pls correct if you have a strong prove. I personally don't hold Solana but if I actually believed in it strongly as to buy it I won't just sell it off because of the recent FTX block buster movie.
I have checked Solana as a coin I Think it's ok apart from it trying to do to much like getting its own network which I think won't be a success . The coin has really been average. I think if it drops now it's just a good opportunity because it has the ability to also rise. Solana has been one coin on my radar.
I have checked Solana as a coin I Think it's ok apart from it trying to do to much like getting its own network which I think won't be a success . The coin has really been average. I think if it drops now it's just a good opportunity because it has the ability to also rise. Solana has been one coin on my radar.
FTX and alameda are said to be the VCs that invest the most in solana and they hold the majority of solana. The success of sol in 2021 is not only due to sol's team but also to SBF's strong support, with the collapse of FTX, it is likely that SBF will find a way to dump sol. 4 days ago, sol just unlocked 51 million sol for big investors, which also caused sol to be seriously dumped recently. It must be said that sol is the project that has been hit the hardest as their success is tied to SBF.
Sol's ICO price is only $0.2 compared to current price, ROI is still very high so VCs will still sell sol in the near future to take profit. Be careful, it's still not a good time to invest in Sol.
At this moment we won't really know unless the project openly gives out info that they are affiliated with Alameda. Honestly, in light of the FTX fuck up, it's best to stay away from anything held by Alameda, or anything that has their influence. FUD will soon follow and people will be wary and fear that their holdings are not safe. Imagine just a few wrong decisions and the whole cryptomarket is in shambles and anxious of their stash and their next move.
I just sold my 150 Solana out of FUD ( thinking I might buy it back at $5 soon ), and I am now worried many other projects were backed by Alameda Research. Are these projects doomed too, or can some of them ( like Helium ) survive and eventually thrive again ?
Most likely... We already had projects like Serum Network having their native tokens dumb so badly due to the strong connection with Alameda.The bear market is still on. I think we are yet to see more and more coins collapse especially if the Alameda money mess caught up with them too. I wouldn't touch any coin connected to Alameda for now.
I just sold my 150 Solana out of FUD ( thinking I might buy it back at $5 soon ), and I am now worried many other projects were backed by Alameda Research. Are these projects doomed too, or can some of them ( like Helium ) survive and eventually thrive again ?
I don't know that Solana is backed up by Alameda research. But with things that FTX shown together with their founders, then it's a must thing to do for those that want to be safe with their money.Everyone who knows what happened with their exchange and people's money will start to get away from any project where Alameda is also part of. That's like a protocol for those that are too concerned with their money.
Does Solana have any strong connection with FTx pls correct if you have a strong prove. I personally don't hold Solana but if I actually believed in it strongly as to buy it I won't just sell it off because of the recent FTX block buster movie.
I have checked Solana as a coin I Think it's ok apart from it trying to do to much like getting its own network which I think won't be a success . The coin has really been average. I think if it drops now it's just a good opportunity because it has the ability to also rise. Solana has been one coin on my radar.
I have checked Solana as a coin I Think it's ok apart from it trying to do to much like getting its own network which I think won't be a success . The coin has really been average. I think if it drops now it's just a good opportunity because it has the ability to also rise. Solana has been one coin on my radar.
I just sold my 150 Solana out of FUD ( thinking I might buy it back at $5 soon ), and I am now worried many other projects were backed by Alameda Research. Are these projects doomed too, or can some of them ( like Helium ) survive and eventually thrive again ?
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