The cryptocurrency market has experienced a decline, with some analysts speculating on potential short-term Solana meme coins during recent liquidation waves. As investor sentiment declines, Bitcoin (BTC), altcoins and most popular meme coin Increases are observed in .
These Solana-based assets are losing momentum due to macroeconomic factors, the downward trend in SOL price, and the impact of other assets. At the time of writing, the market value of Solana memecoins decreased by 1.4% in the last 24 hours, falling to $7 billion. This follows a series of losses in the previous week that caused investors to sell off their holdings. Here are the top 3 assets likely to sell this week.
Bonk (BONK)
One of the top Solana meme coins that has been experiencing losses in recent weeks. bonk, lost 3.4% in value today, reducing its weekly gain to 19%. These big weekly gains were driven by Bitcoin’s halving momentum and the resurgence of such assets.
BONK is down 13% this month and some traders are considering selling their memecoins as sentiment fades. Most crypto investors still view BONK as a favorite token, having climbed over 3000% from previous highs, but it is considered a Solana meme coin to sell this week in current market conditions.
Popcat (POPCAT)
pop cat, suffered large daily losses from the previous week’s highs. Solana meme coin lost 11.4% in value in the last 24 hours. While these declines are due to the decline of emotional factors, POPCAT’s recovery is associated with the decline of cat-themed tokens in the market.
Cat-themed tokens have outperformed most memecoins in the last 10 days, resulting in a massive profit loss following this decline. Popcat jumped 37% last week, ranking it among the top asset gains before the current situation. Cat coins fell by 4.2% today.
Jeo Boden (BODEN)
Solana meme coin BODEN, lost 6.6% today and fell 36.5% last week. The themed asset has been among crypto’s biggest gainers after the US President recorded skyrocketing inflows last month. BODEN’s 14-day performance is at a low level of 41.7%. The asset continues to be considered a must-sell meme coin this week, according to crypto experts.
