![Richard Heart's Followers Panic As HEX, PulseChain Tokens Nosedive Over 90% Amid Troubling Lawsuit](https://captainaltcoin.com/wp-content/uploads/2023/08/P2P-Review-57.png)
Richard Heart, the controversial founder of cryptocurrency projects HEX and Pulsechain, recently posted an attention-grabbing tweet contrasting the performance of Pulsechain with Solana.
In the tweet, Heart argued that Pulsechain is superior to Solana (SOL) because “Pulse has been operating flawlessly since launch, and the network $SOL was down for a few hours today. Again.” Solana has suffered intermittent network outages that have raised concerns about its reliability and scalability promises.
Heart went on to muse that “network failures and other problems quite often have no effect on price,” noting that traders have frequently lost money betting against cryptocurrencies despite underlying technology issues. “Shorting in crypto is ultra-death,” he warned, arguing traders should avoid short positions.
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Show more +In one of his recent tweets, Heart turned his criticism toward Bitcoin, suggesting followers who failed to sell their Bitcoin at its $65,000 peak have seen modest gains from today’s level near $23,000.
By contrast, he noted altcoins HEX, Pulsechain, and another Heart project called PulseX have achieved similar or greater returns within 30 days after last November’s Bitcoin exchange-traded fund (ETF) launch brought renewed attention to the crypto space.
While Heart’s projects remain controversial and high-risk, the tweet illustrates broader themes within crypto markets. Solana and other “Ethereum Killer” blockchains have struggled with growing pains as adoption increased exponentially. Meanwhile, Bitcoin’s stellar long-term track record hasn’t prevented prolonged price slumps.
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