The cryptocurrency market is down as some analysts speculate on top Solana memecoins to sell in the short term amid recent liquidations. As investor sentiments plummets, outflows are seen in Bitcoin (BTC), altcoins, and top memecoins.
Solana memecoins are losing momentum due to macroeconomic factors, the downward trend of SOL price, and other assets. At press time, the market capitalization of Solana memecoins plunged to $7 billion, a 1.4% drop in the last 24 hours. This follows a string of losses recorded the previous week leading to investors offloading the assets. Here are the top 3 Solana memecoins to sell this week.
Bonk (BONK)
Bonk is among the top Solana memecoins to post losses in recent weeks. The asset is down 3.4% today pushing down weekly gains to 19%. These huge weekly inflows were seen with the Bitcoin halving momentum and a resurgence of memecoins.
BONK has declined 13% this month with some investors looking to sell memecoins as sentiment weakens. Most crypto us
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