So this Solana recently broke its ATH. If you were a hodler then good for you, you made some decent gains and your beliefs turned out to be true. But here's the reason tho: A gazillion useless, pointless, unfunny cringe tokens who for 98% of the time come with their very own rug-guarantee. But despite all this it must have real support right? How else did Solana reach ATHs with so many users? Well it does have a rather wide support, but that support is for a large part coming from those seeking the addictive adrenaline rush thrill of gambling.

Think I'm exaggerating or one of those dimwits who compares crypto to gambling then think again. I don't gamble as I'm a firm believer of the saying ''Show me a gambler and I'll show you a loser'', but I do hodl, use and actively stake certain cryptos. I have seen first hand what these Solana junk tokens are doing to people and I kid you not I got flashbacks from when I saw gambling addicts and their hyped up behavior and stuttering speech along with their defective logic for still playing despite their record losses.

If you were wise enough to have steered clear from the Solana world and only stick to use case cryptos this statement might shock you, but the average Solana token exists for a mere 24 hours before it goes to zero. Oh, I'm sorry, ''goes to 7K.''🙃

This has nothing to do with investing or crypto, this is ultra degen gambling on a fixed game. The logic behind some of those tokens is beyond ridiculous. I saw a so called cloned US ambassador dog meme make a 20X in a matter of minutes only to crash in the next hours and effectively drain everyone who bought it later than the initial hour it was launched. Why? Just because of this video. Read the comments if you don't believe me.

This is not just some random rare example I picked just to bash Solana tokens, the logic and charts are similar for literally thousands of these tokens. Some vague statement or minor comment, and boom, some inbred made a Solana token hoping to make millions of the backs of others, who of course are all there with the exact same goal.

So how does it all go so fast? Via social media and chat groups mainly. Someone shares this 💩 in numerous groups hoping it gets picked up by someone who has a wider reach, hoping it will then get shared in other/bigger groups and the hype of the idea will gain attraction and eventually snowball into a money avalanche.

The ideas are rather shameless to say the least. It's the same level of humor an 8 year old would think is funny and meme-worthy.

I can imagine the rush tho, seeing your wallet turn that 1 Solana into 100 in a matter of minutes will undoubtedly release some massive chemicals in your brain. But as you can guess, like with all gambling, the odds are against you. You have to choose that 1 winning token, which is already difficult enough in itself, but after that you have to buy very early, sell in time, and be strong enough to not FOMO back in when you see it gain heights and attention from people you'd never expect. And even if you'd manage to do all that, what's to save you from losing it all back on the next 99 wrong ones before you find another right one again?

Can someone please explain how any of this is different from seeing that ball hit your lucky number on a large bet? How these Solana tokens are any different from lottery tickets? I might be taking it a bit too far, but I am 99% convinced the Solana chain has just invented a new form of gambling that's here to stay for a long time. The behavior and mannerism of the people in these communities resembles people crouched over tables and slots a lot more than the OG crypto people we used to see and hear talking about their investments back in the day.

''By gambling we lose both our time and treasure, two of the most most precious things in our lives.''