The post Traders Flip Bearish on Solana (SOL) Meme Coins as New Ethereum Token Flashes 18720% Potential appeared on BitcoinEthereumNews.com.

Traders are growing cautious about the Solana (SOL) meme coin market just as a new Ethereum (ETH) based token, Little Pepe (LILPEPE), shows the kind of early strength that has analysts talking about a possible 19,720% upside. In months, this shift has created one of the most interesting rotations in the meme coin space. Solana Meme Coins Face Heavy Selling Solana’s native coin is currently trading for nearly $200, according to CoinMarketCap, after failing to hold support for around $220. Technical indicators such as the 50-hour and 100-hour moving averages now lean bearish. Many traders see resistance around $215 to $222, while the next support is closer to $184. Data from Investing.com shows that short positions are rising while momentum indicators remain weak. This combination suggests that selling pressure could persist, and meme coins built on Solana may struggle unless sentiment improves. There are several reasons for the change in mood. Some investors are rotating away from highly speculative Solana meme coins into projects they believe have stronger foundations. Solana has also faced periodic network congestion and outages that have made traders nervous. A recent study on Solana liquidity pools flagged thousands of suspicious pools that showed rug pull patterns. These findings added to the perception that many smaller Solana meme coins currently carry more risk than reward. Little Pepe’s Presale Gains Attention While Solana meme coins cool off, Little Pepe has become the bright spot on Ethereum. It is currently in Stage 13 of its presale, priced at $0.0022 per token. According to recent data, the project has raised about $26,358,298 out of a $28,775,000 goal and has sold 16,151,497,877 tokens out of the 17,250,000,000 available in this stage. Earlier stages already rewarded early participants. Those who bought in Stage 1 at $0.001 are sitting on paper gains of…

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Filed under: News - @ October 5, 2025 2:24 pm