Solana Meme Coins Suffer Worst as Crypto Collapses

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Thriving segment of Solana-based meme cryptocurrencies is one of most affected victims of ongoing crypto plunge

As almost all the top 100 cryptocurrencies are decimated, meme coins on major blockchains are the worst sufferers. Solana's meme coin ecosystem took a hit, while some of its main coins lost a quarter of their value overnight.The segment of Solana-based meme coins is officially the main victim of yesterday's crypto dropdown. With a painful 20% plunge, it demonstrates the largest losses amid all the 225 groups on CoinGecko's"Categories" tab.

Amid all large Solana meme coins, the recent newsmaker Cat in a Dogs World lost the most: Its price dropped by 29%.Layer 1 blockchains and CEXes look strong amid bloodbath Theta Ecosystem and game-centric coins are also among the worst performers together with governance coins of perpetuals exchange protocols and cross-chain communication products.

Source: Digital Coin News (digitalcoinnews.net)

 

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