Memecoin mayhem? Solana’s WIF, BONK, POPCAT see sharp declines

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Memecoin mayhem? Solana’s WIF, BONK, POPCAT see sharp declines
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Solana-based memecoins including dogwifhat [WIF], Bonk [BONK], and Popcat [POPCAT] have all taken a breather on their rallies. At press time

have all taken a breather on their rallies. At press time, WIF had 9.92% of its value lost in the last 24 hours.

For example, POPCAT jumped to $0.55 on the 29th of May. WIF hit $4.10 on the same day while BONK rallied to $0.000043.This means that there were more negative comments about the cryptocurrency than positive ones. As such, it could be challenging for the token to experience a superb wave of demand in the short term.In POPCAT’s case, the metric was also in the negative region at -0.642.

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