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Chainlink (LINK) and Solana (SOL) fell in the past week, potentially resulting in losses for some recent investors.&nbsp; 
This market movement has led some individuals to sell their holdings.&nbsp; 
Meanwhile, interest in a newer meme coin has increased, with its price reaching an all-time high over the weekend. 
<h2 class="wp-block-heading" id="crypto-whale-sells-3-67-million-worth-of-chainlink">Crypto whale sells $3.67 million worth of Chainlink</h2> 
Recent data from SpotOnChain identified a large Chainlink token transaction.&nbsp; 
The whale withdrew $3.76 million of LINK from Binance in two transactions.&nbsp; 
While the wallet still holds $1.94 million worth of LINK, some experts speculate the sale might be related to potential market downturns. 
 You might also like: <a href="https://crypto.news/chainlink-announces-the-launch-of-the-early-access-eligibility-app-for-chainlink-staking-v0-1/"> Chainlink Announces the Launch of the Early Access Eligibility App for Chainlink Staking v0.1 </a> 
This large transaction may force LINK below $17. 
Despite this, Chainlink’s trading volume has increased by 25% in the past 24 hours to $581 million, according to CoinMarketCap data.&nbsp; 
This suggests some investors continue to accumulate LINK tokens. 
<h2 class="wp-block-heading" id="solana-faces-intense-selling-pressure">Solana faces intense selling pressure&nbsp;</h2> 
Solana rallied in early 2024, reaching a high of over $118.&nbsp; 
However, it has encountered resistance and declined by 10.12% in the past week, currently trading around $103. 
This downward trend has increased selling pressure, with some analysts suggesting the price could fall below the $100 support level.&nbsp; 
In the last 24 hours, SOL fell by 5.07%.&nbsp; 
Notably, trading volume has increased by 27.26% to $2.6 billion during the same period. 
<h2 class="wp-block-heading" id="crypto-bulls-double-down-on-kangamoon">Crypto bulls double down on KangaMoon&nbsp;</h2> 
Stage one of the&nbsp;<a target="_blank" href="https://kangamoon.com/" rel="noreferrer noopener">KangaMoon</a>&nbsp;presale sold out. In stage two, KANG is trading for $0.0075. 
KangaMoon is a new meme coin that aims to offer utility beyond typical meme projects.&nbsp; 
It features a play-to-earn (P2E) game and various socialfi elements, including rewards for active players and community challenges.&nbsp; 
 You might also like: <a href="https://crypto.news/xrp-and-bitcoin-cash-disappoints-traders-explore-kangamoon/"> XRP and Bitcoin Cash disappoints; traders explore KangaMoon </a> 
The project seeks to build a community of cryptocurrency enthusiasts, attracting over 2,000 investors. 
Presale participants can purchase KANG for $0.0075 on the KangaMoon website.&nbsp; 
Early buyers receive a 15% bonus until Friday, Feb. 23. 
With over 15% of stage two already sold, some analysts speculate that KANG could experience further price increases in Q1 2024.&nbsp; 
 Read more: <a href="https://crypto.news/celestia-and-injective-bullish-kangamoon-community-driven-meme-coin-soaring/"> Celestia and Injective bullish, KangaMoon community-driven meme coin soaring </a> 
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Chainlink and Solana fall, bulls turn to new meme coin

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