🚨 🚨URGENT🚨🚨

Well, $FTT collapse have taken in a huge hit in the market.

- Over $300M+ Liquidated.
- Market is now below $900B.

What if there are more projects & #altcoins on the verge of collapse? So here are some vital questions.

🧵 A must read if you are in #crypto👇 Image
1. KUCOIN

Some users have pointed out that Kucoin could be the next one to collapse 🚨👇

Yet, @lyu_johnny clearly challenges the (what he calls) "fud" and provides his counter take 🚨👇

So do you think Kucoin will collapse?

2. Solana

$SOL which has been in a close relationship with FTX, is likely to be impacted by the $FTT crash.

- Already down over 30%.
But, now, it's alleged that their entire Tech could also be fake.

This is pointed out by @dominic_w 🚨👇

3. On the other hand, voices such as @RyanSAdams believe that the recent issues with $FTT will not kill $SOL 🚨👇

4. Galaxy Digital

It's reported that @novogratz' s crypto finance firm Galaxy Digital has a $76.8 million exposure to @FTX_Official 🚨👇

Could this be the beginning of an end for Galaxy Digital? (Seems unlikely).

5. Sam Tokens

More tokens, who are affiliated with $FTT are seeing massive drops in value 🚨👇

Are there more projects to join this group of altcoins?

6. $SOL dump incoming?

Almost $1 billion of Solana is set to be unlocked in 24 hours.

Will this create another wave of sell off? 🚨👇
7. Is Defi becoming more centralised?

Furthermore, there is increasing concerns that Defi is becoming centralised.

Hence, it can be posed that more DeFi projects can see volatility as they lose their core selling points 🚨👇

What's your take?

Which projects & #altcoins are likely to get crushed?

Let us know🚨👇 #crypto

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