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Jim Cramer, the host of CNBC’s “Mad Money,” has announced that he has sold his Ethereum (ETH) holdings and reinvested the proceeds into Solana (SOL). Cramer revealed his decision during a segment on his show, citing Solana’s faster transaction speeds and lower costs as key factors behind the move.
Solana users have lauded this decision, calling Cramer’s actions “bullish,” “based,” and “definitely not a sell signal.” But, while SOL users have been outspoken, news, with many asking “Who?” We reached out to Ethereum founder Vitalik Buterin, but were unable to understand him over raucous laughter.
Silicon Valley, CA — With Ethereum officially declared dead, the crypto community is now split between ETH Doomers and SOL Maxis, each hilariously convinced they hold the high ground.
ETH Doomers, who long predicted this collapse with the fervor of doomsday preppers, are reveling in their vindication. “We’ve been saying this would happen for years,” crowed Chad Darkweb, self-appointed spokesperson. “While others were blindly investing, we saw the writing on the wall.”
Not to be outdone, SOL Maxis are basking in their triumph, claiming Ethereum’s death proves Solana’s superiority. “This is exactly why we backed Solana,” said Luna Fastblock, a leading SOL evangelist. “While Ethereum was crumbling, Solana has been soaring with its unparalleled speed and efficiency.”
The declaration has led to a flurry of activity on social media, where ETH Doomers and SOL Maxis are locked in a fierce battle of smarmy superiority. ETH Doomers flood the internet with “told-you-so” memes, while SOL Maxis counter with triumphant infographics showcasing Solana’s rise.
Crypto psychologist Dr. Satoshi Nakameme observes, “Both groups need to assert their superiority. For the ETH Doomers, it’s about validation of their predictions. For the SOL Maxis, it’s about seizing the moment to cement their platform’s dominance.”
Meanwhile, the wider world watches with confusion and bemusement. “Is this like when MySpace died and everyone moved to Facebook?” one bewildered observer wondered aloud.
In the end, the real winners may not be those who predicted Ethereum’s demise or those who champion the next big thing, but those who spin the most compelling narrative of superiority. And in that regard, both ETH Doomers and SOL Maxis are masters, exuding a smarmy confidence that makes them the Comic Book Guys of the blockchain world.
Ethereum Network was laid to rest alongside Bitconnect, Quarkchain, and Lisk, at the Blockchain Graveyard in Milford, Connecticut. (Brisket, 2024, Degen Report)
Scams involving Ethereum have surged by a staggering 598%. This alarming statistic might initially paint a bleak picture of the security landscape surrounding ETH, but a deeper look reveals that scammers see ETH as the only chain where users have enough money to scam.
“It’s the only chain worth scamming on,” says scammer TacJ, “what am I gonna rug for on Solana? Two pieces of string and a button?”
This surge in scams, while troubling, underscores Ethereum’s dominance and the significant trust users place in it. As the most valuable blockchain, ETH attracts both genuine investors and malicious actors, highlighting its unparalleled standing in the crypto world.
Millions of dollars have been lost after a new trend to use seed phrases as tickers gains traction among Solana developers. The trend, intended as a creative twist on token naming conventions, went horribly awry when holders accessed the wallets, and transferred funds out.
Despite the financial losses incurred, SOL buyers remain bullish on the meta with some even calling for it as a pre-requisite to be considered a community coin. “You damn right I support it,” says Telegram user xXBBQKing69Xx, “Devs should be required to take heavy losses on launches, coins are for the community!” But others aren’t so sure. “Seed… phrase? I’m sorry I don’t know what that is. BUY HARAMBECOIN!”
The Solana development community is now scrambling to address the fallout. Leading developers and security experts have issued warnings, urging their devs to launch coins outside of the current meta. So far, their efforts have proved fruitless. Solana’s core team is also working on implementing stricter guidelines and security measures to prevent such incidents in the future.