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Solana Price Struggles Amid $39M SOL Outflow & Declining Meme Coin Frenzy Coingape 19 ago. 2024

Solana Price Struggles Amid $39M SOL Outflow & Declining Meme Coin Frenzy 📉

Meme Coins Ethereum Solana Bitcoin Ripple

Solana (SOL) has been underperforming compared to major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). The token saw a notable price dip below $150 over the weekend.

This drop comes amid record fund outflows amounting to $39 million and a significant decline in the volume of meme coins.

For Solana to recover, it will need to secure robust support at $140 in the immediate term.

Fuente: coingape.com ↗

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