Solayer Plummets 62% in 48 Hours—Here’s Why
Solayer, the once-high-flying crypto project, just got hit with a brutal reality check—its token nosedived 62% in two days. Was it a rug pull, a market panic, or just another Tuesday in DeFi?
The crash: Too fast, too furious
No gentle correction here—Solayer’s chart looks like a skydiver without a parachute. Traders scrambled for exits as liquidity evaporated faster than a meme coin’s hype.
Behind the bloodbath
Rumors swirl: smart contract bugs? Team wallets dumping? Or just the classic ‘buy the rumor, sell the news’ play after its mainnet launch. Meanwhile, bagholders are left staring at their portfolios like Wall Street bankers after a Fed meeting.
One thing’s certain—when crypto winter comes, even the hottest layers aren’t safe. Stay sharp out there.
Source: crypto.news
