The cryptocurrency market experienced significant volatility linked to the outcome of a fight involving a figure named Ansem. Various investors expressed concerns over their financial stakes in Solana, a cryptocurrency, which they had heavily invested in based on the anticipated victory of Ansem. Tweets revealed that if Ansem lost the fight, it could lead to substantial market repercussions, including a potential loss of at least 50 billion in market capitalization and a drop in the value of related social tokens. Specific figures showed Solana (SOL) decreasing by 1% and another token, WIF, by 3% following Ansem's loss.
I PUT MY ENTIRE FUCKING SOLANA POSITION ON ANSEM. EVERY LAST SOL I HAD. I WAS PROMISED ANSEM WOULD WON THIS. I WAS TOLD WITHOUT A SINGLE OUNCE OF DOUBT, NO WAY ANSEM LOSES. NOW MY HERO, AND MY BAGS… ARE ZERO
Ansem’s two social tokens down on the back of his loss SOL -1% WIF -3%
Ansem related coins going to zero