Ethereum might just get a boost, thanks to the Argentinian president’s meme-coin drama!
Here’s the deal: the meme-coin linked to the president is causing a stir, and regulators are now on the case. It wouldn’t be shocking if serious investigations are already in motion.
How does this tie into Ethereum? Well, Solana’s got some problems. Most of the recent "scams" came from projects on its blockchain. Think about what made Solana popular: meme tokens, AI hype, and flashy stories that pulled in money and new investors. It built trust and made people want to hold SOL.
But when your favorite chain starts hosting scams, what happens? People sell, bail, and move on. Add a media storm to the mix, and Solana could be in hot water. Some analysts even claim big Solana projects, like Jupiter and Meteora, might be involved.
If the negativity snowballs, Solana could face its own “black swan” event. And who stands to gain? Ethereum, of course. A weaker Solana means Ethereum could soak up that fleeing liquidity.
The charts are already whispering that the money might be moving.
Stay tuned!