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Will Solana Memecoins Keep Pumping?

MYRO, WEN, and WIF surged as crypto woke up to cheap SOL swaps.
Will Solana Memecoins Keep Pumping?
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📊 SOL Memes. Unlike BTC, many tokens are far off from their all-time highs, but that did not stop alts from pumping as the week progressed, with Ether trading above $4k for the first time since December 2021! Which other crypto ecosystem found its footing against BTC this week?

Memecoin mania came to a screeching halt on Monday after broader crypto markets crashed, causing many tokens in the sector to plunge by upwards of 50%.

The dip was short-lived, however, with the category coming to dominate CoinGecko’s top gainers board on a weekly basis after many top memecoins managed to secure triple-digit gains.

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Jack Inabinet

Written by Jack Inabinet

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Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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