PepeCoin

Solana

Bonk

<a href="https://bitcoinworld.co.in/what-happened-to-sol-and-solana-meme-tokens-collapse-after-december-pump/" title="What Happened To SOL And Solana Meme Tokens Collapse After December Pump" rel="nofollow"></a>
The prices of SOL and most meme tokens in the Solana ecosystem, – BONK, WIF, ANALOS, and others – have collapsed after the December pump, dropping almost halved over the past month. 
According to the Coinstats, the Dogwifhat (WIF) token, launched in November 2023, showed a significant drawdown – 76% from its maximum at $0.33.&nbsp; 
At the time of writing, the Dogwifhat (WIF) token is <a href="https://coinstats.app/coins/dogwifcoin/">trading</a> at $0.089879. The coin’s market capitalization also fell from $324 million to $78 million. 
<figure id="attachment_61772" aria-describedby="caption-attachment-61772" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class=" wp-image-61772" src="https://bitcoinworld.co.in/wp-content/uploads/Dogwifhat-Price-Chart-483x300.png" alt="" width="596" height="370" srcset="https://bitcoinworld.co.in/wp-content/uploads/Dogwifhat-Price-Chart-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/Dogwifhat-Price-Chart.png 760w" sizes="(max-width: 596px) 100vw, 596px">
 <figcaption id="caption-attachment-61772" class="wp-caption-text">
 Dogwifhat Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
Another token that has received particular recognition from cryptocurrency enthusiasts, Bonk (BONK), has fallen 70% from its December highs.&nbsp; 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/solana-price-analysis-sol-plunged-12-in-a-week/" aria-label="“Solana Price Analysis: SOL Plunged 12% in A Week” (Edit)">Solana Price Analysis: SOL Plunged 12% in A Week</a> 
Bonk (BONK) is currently <a href="https://coinstats.app/coins/bonk/">trading</a> at $0.00001047. The fall was accompanied by a reduction in capitalization (from $1.5 billion to $620 million) and trading volumes. 
<figure id="attachment_61771" aria-describedby="caption-attachment-61771" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class=" wp-image-61771" src="https://bitcoinworld.co.in/wp-content/uploads/Bonk-Price-Chart-4-483x300.png" alt="" width="580" height="360" srcset="https://bitcoinworld.co.in/wp-content/uploads/Bonk-Price-Chart-4-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/Bonk-Price-Chart-4.png 760w" sizes="(max-width: 580px) 100vw, 580px">
 <figcaption id="caption-attachment-61771" class="wp-caption-text">
 Bonk Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
Another new meme coin that has become a parody of Solana, AnaloS (ANALOS), recorded a drawdown of 92% from its December all-time high.&nbsp; 
ANALOS is currently <a href="https://coinstats.app/coins/analos/">trading</a> at $0.0001632. Despite the quote decline, the asset demonstrates a high trading volume of $26 million. 
<figure id="attachment_61770" aria-describedby="caption-attachment-61770" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-61770" src="https://bitcoinworld.co.in/wp-content/uploads/ANALOS-Price-Chart-483x300.png" alt="" width="592" height="368" srcset="https://bitcoinworld.co.in/wp-content/uploads/ANALOS-Price-Chart-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/ANALOS-Price-Chart.png 760w" sizes="(max-width: 592px) 100vw, 592px">
 <figcaption id="caption-attachment-61770" class="wp-caption-text">
 ANALOS Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
At the same time, the new token PEPECOIN on SOL (PEPE), launched at the end of December, also dropped.&nbsp; 
Over the past 24 hours, the token has risen by 21.7%, reaching a <a href="https://coinstats.app/coins/pepecoin-2/">price</a> of $0.354 before rising slightly to $0.406189. 
<figure id="attachment_61773" aria-describedby="caption-attachment-61773" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-61773" src="https://bitcoinworld.co.in/wp-content/uploads/PepeCoin-Price-Chart-483x300.png" alt="" width="635" height="395" srcset="https://bitcoinworld.co.in/wp-content/uploads/PepeCoin-Price-Chart-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/PepeCoin-Price-Chart.png 760w" sizes="(max-width: 635px) 100vw, 635px">
 <figcaption id="caption-attachment-61773" class="wp-caption-text">
 PepeCoin Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
Meanwhile, the naive Solana blockchain token, SOL, witnessed significant declines over the past week after registering consistent gains in December 2023.&nbsp; 
Over the past 24 hours, the token price has fallen by more than 2%, <a href="https://coinstats.app/coins/solana/">reaching</a> $87.28 before rising slightly to $99.3 after multi-month highs in December. 
<figure id="attachment_61792" aria-describedby="caption-attachment-61792" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-61792" src="https://bitcoinworld.co.in/wp-content/uploads/SOL-Price-Chart-5-483x300.png" alt="" width="626" height="389" srcset="https://bitcoinworld.co.in/wp-content/uploads/SOL-Price-Chart-5-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/SOL-Price-Chart-5.png 760w" sizes="(max-width: 626px) 100vw, 626px">
 <figcaption id="caption-attachment-61792" class="wp-caption-text">
 SOL Price Chart | Source: Coinstats
 </figcaption>
</figure> 
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote> 
The post <a href="https://bitcoinworld.co.in/what-happened-to-sol-and-solana-meme-tokens-collapse-after-december-pump/">What Happened To SOL And Solana Meme Tokens Collapse After December Pump</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

What Happened To SOL And Solana Meme Tokens Collapse After December Pump

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