Solana Meme Coins Rally Over? WIF, BONK, BOME Close Week in Red

Solana (SOL) meme coins among worst sufferers of ongoing price correction

The euphoria around meme cryptocurrencies on the Solana blockchain seems to be losing its momentum. In the last seven days, almost all of them witnessed double-digit losses.The last seven days brought significant losses to the segment of Solana meme cryptocurrencies. Shiba Inu competitors on Solana lost 25% on average, with Peng and Book of Meme being the worst sufferers.

Solama , the only llama-themed meme coin on Solana , surprisingly is the only cryptocurrency in this segment that closes the week in green. Its price jumped by almost 28% in the last 24 hours.However, after the painful collapse, Solana meme coins started showing first signs of recovery. The entire segment added 1.2% in the past day, while its capitalization exceeded $5.68 billion.The meme coins scene increased its capitalization by 3.3%, with Dogecoin , Memecoin being the best performers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Utoday_en /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meme Coins Going Legit Is the Worst Thing for Meme CoinsDaniel Kuhn is a deputy managing editor for Consensus Magazine. He owns minor amounts of BTC and ETH.
Read more »

Meme coins, Solana, AI tokens emerge as outliers in crypto market bloodbathSolana (SOL) and Solana-based meme coins such as Dogwifhat (WIF), Sillycat (SILLYCAT) or Popcat (POPCAT) observed an increase in price on Friday.
Read more »

The Protocol: Bitcoin Halving in 3 Weeks, Solana's Yakovenko on Meme CoinsBradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.
Read more »

Solana-Based Meme Coins Could Potentially Outperform Shiba InuSolana-based meme coins have the potential to outperform Shiba Inu, depending on market support and influential endorsements. Dogwifhat and Bonk Inu have gained attention recently, but overtaking Shiba Inu's market dominance is challenging.
Read more »

Meme Coin Rally Pushes Raydium on Solana Above Arbitrum, Maker and OthersFees on Solana surging as investors embrace meme coins again
Read more »