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BlockNews
Home CRYPTO

Andrew Tate Plans to Dump Solana and Here is How

Michael Juanico by Michael Juanico
June 7, 2024
in CRYPTO
Reading Time: 2 mins read
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• Andrew Tate purchased 10,000 of a Madonna-themed cryptocurrency token with the intention of “crashing” the Solana network
• Tate also made a bold prediction that Ethereum’s price will soon reach $4,000
• Despite his claims, truly crashing the Solana network may prove difficult given its consistent uptime and scalability

Andrew Tate, the controversial internet personality, has apparently declared war on Solana after turning bullish on Bitcoin and making a bold Ethereum price prediction.

JUST IN: Andrew Tate (@Cobratate) wants to crash Solana pic.twitter.com/nckhRVlNP3

— BlockNews.com (@blocknewsdotcom) June 7, 2024

Tate’s Bullish Bitcoin and Ethereum Predictions

Earlier in May, Tate proclaimed he was “done with fiat” and going all in on cryptocurrencies. More recently, he predicted Ethereum would hit $4,000 soon.

Tate Vows to Crash Solana

On June 7, Tate posted a gif of the Muppets character Elmo in front of a fire, stating he would crash the Solana network. Around the same time, he announced buying 10,000 of a Madonna-themed token to “f*ck Madonna,” promising to hold it with “diamond hands.”

Can Tate Actually Crash Solana?

While Tate has a massive online following, crashing Solana may prove difficult. The blockchain is known for consistent uptime and scalability. However, Solana has experienced crashes before, so Tate may find some success.

Solana’s Strong 2024 Performance

Solana has performed well in 2024, with the token up nearly 70% year-to-date. This comes after a late 2023 rally saw SOL rocket from about $20 in October to over $100 on New Year’s Day. Solana’s price today stands at $171.14.

Conclusion

Despite his bold claim and popularity, Andrew Tate faces a tall order in his apparent quest to crash Solana. However, the blockchain has crashed sporadically before, so Tate’s vow shouldn’t be dismissed entirely. His colorful antics will likely continue drawing attention in the crypto space and beyond.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: Andrew TateBitcoinBlockchainethereumSolana
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Michael Juanico

Michael Juanico

Michael is a BSBA Management graduate from Mindanao State University and has been a professional content writer since 2019. He began exploring cryptocurrency in 2021 and has since made blockchain and digital assets his primary focus. For nearly four years, Michael has contributed research and editorial content at Aiur Labs and BlockNews, producing clear and accessible coverage of market trends, trading strategies, and project developments. He is transparent about his personal holdings in Bitcoin, TRON, and select meme tokens, combining writing expertise with hands-on market experience to deliver trustworthy insights to readers.

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