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Cooling off! Broader crypto markets stagnated this holiday week, with the total crypto market cap (TOTAL) declining 3.5%. The wind got sucked out of Solana’s sails, with SOL tumbling 17% off its Monday high and many hot memecoins falling too.
Solana’s largest memecoin by market cap, BONK, which has been down only since its Coinbase debut on December 14th, slid a further 20% this week, and anyone who aped the Crypto Twitter influencer favorite ANALOS last weekend has now found themselves down 80%!
Me when Solana is down 16% after a 1400% increase pic.twitter.com/l4TgC9O0xZ
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