Solana Meme Coins Plummet By 91%, But Analysts See Signs of Massive Rebound

Description

Solana-based meme coins have declined between 61% and 91% from their highs. Analysts point to historical trends and technical indicators suggesting possible recoveries. Traders highlight potential rebounds for PNUT, WIF, POPCAT, BONK, and PEPE. Solana-based meme coins have taken heavy losses, with some plunging over 90% from their peak valuations. According to popular trader Ash Crypto, this could be the time for utility tokens to shine over meme coins with no use cases. According to market data...