Bitboy again champions Cardano over Solana.
In a tweet today, Crypto YouTuber Ben Armstrong AKA Bitboy, has bashed Solana supporters who believe that Solana is a more significant project than Cardano.
Bitboy sharing the list of cryptocurrencies by market cap, asserted that ADA was a far bigger crypto than SOL, pointing out that it had almost twice the market cap of SOL. He added that while ADA was in the top 10, SOL risked falling to 15th place behind Tron’s TRX.
“OMG the funniest thing about how sad the Solana fantrolls is they try to make it seem like they are more relevant than Cardano,” Bitboy tweeted. “ADA is 75% bigger than $SOL.”
“Let me show you a picture. One project is top 10. One is about to get knocked off by Tron.”
OMG the funniest thing about how sad the #Solana fantrolls is they try to make it seem like they are more relevant than #Cardano. $ADA is 75% bigger than $SOL.
Let me show you a picture. One project is top 10. One is about to get knocked off by Tron. pic.twitter.com/rSSchqxWW8
— Ben Armstrong (@Bitboy_Crypto) January 4, 2023
At the time of writing, SOL is now ranked 15th by market cap below TRX.
It comes as the crypto influencer expresses the belief that the end is near for Solana. Notably, the crypto project has suffered a lot of fear, uncertainty, and doubt due to its links with the defunct crypto exchange FTX and its disgraced founder Sam Bankman-Fried. SBF, currently facing 8 counts of fraud in the US, housed Solana developers and funded, promoted, and defended the project severally, even in the face of recurring outages.
Furthermore, the situation has been compounded by recent announcements from popular NFT projects revealing plans to migrate to Ethereum. Bitboy asserted last week that more projects would leave the network.
All of these pushed the price of SOL below $10. However, it made a strong recovery in the last 3 days, trading above $13 at press time, up over 16% in the last 24 hours.
It bears mentioning that it is the second time in less than a week that the crypto influencer has slammed Solana while speaking glowingly of Cardano. Last Thursday, he alleged that Solana had sacrificed decentralization for speed while implying that Cardano was the most decentralized proof-of-stake network sharing the energy consumption chart per transaction for each network.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
-Advertisement-
