Coin Bureau: SOL will fall

The window it was checked over

SOL closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

exchange into busd besides those with usdt circle CEO Jeremiah initially said this was somehow beneficial but Circle recently confirmed a three billion dollar market cap loss at the same time the market cap of binance's busd's stablecoin has grown by almost 3 billion which is certainly not a coincidence the market cap of tether's usdt sable coin had also grown by three billion before falling this was expected given Alameda was the largest recipient of all the usdt Ever minted the removal of support for stablecoin withdrawals and deposits on the Solana blockchain is likely to cause usdc's market cap to shrink even more unfortunately this means that the demand for Seoul could drop as the Solana blockchain becomes more isolated because of this stablecoin competition if you're wondering why there is so much stablecoin competition it's because of the reserves for these stable coins most of the Sable coins in circulation are backed by U.S government debt which is yielding upwards of four percent per year depending on the duration of said debt because the market caps of most stable coins are in the tens of billions this means that most stablecoin issuers are making hundreds of millions of dollars

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.