Solana Meme Coins Continue to Fall in Meme Coin Season as Market Shifts to Base Chain Meme Coin Base Dawgz
The post Solana Meme Coins Continue to Fall in Meme Coin Season as Market Shifts to Base Chain Meme Coin Base Dawgz appeared on BitcoinEthereumNews.com.
Advertisement     A significant shift in the cryptocurrency market is underway as Solana meme coins face steep declines, prompting users to seek new opportunities. The dramatic fall of Solana’s meme coins, including the popular Bonk (BONK), has caught the attention of traders looking for more stable and promising assets. Base Dawgz (DAWGZ), a new meme coin with cross-chain capabilities, is emerging as a potential frontrunner. With its innovative approach and strong presale performance, Base Dawgz is attracting the interest of those eager to capitalize on the next big thing in meme coins. Solana Meme Coins Face Steep Declines Solana, a major player in the cryptocurrency market, has experienced significant setbacks recently. The fifth-largest crypto asset by market capitalization has seen its price fall 8% over the past 24 hours. Advertisement   This decline has a ripple effect on Solana’s meme coin market, which has been hit particularly hard. Neiro (NEIRO), a Solana-based meme coin inspired by the Shiba Inu dog that became a cultural icon, has been among the hardest hit, tumbling almost 44% to $0.01821. The token’s launch followed news of Kabosu, the Shiba Inu that inspired the Doge meme, adopting a new dog named Neiro. However, this has not been enough to sustain its value amidst the broader market downturn. Other Solana meme coins, such as Billy (BILLY) and Michi (MICHI), have also suffered significant losses, with declines of 26.4% and 24.5%, respectively. Dogwifhat (WIF), the largest meme coin on Solana, has dropped 12.4%, and Bonk (BONK), the second-largest, has fallen 9.1%. Users Eye Base Dawgz as a New Opportunity As Solana meme coins falter, users are turning their attention to Base Dawgz (DAWGZ), a new meme coin gaining traction. Base Dawgz is a unique meme coin with a base-jumping Shiba Inu cartoon character and operates across…
Filed under: News - @ August 4, 2024 10:14 am