Solana Meme Coin Wen Plummets Despite Burning 27% of Supply

The burn turned out to be a "sell the news event" as traders had already accounted for the purge – and then some. source: https://www.coindesk.com/markets/2024/01/29/solana-meme-coin-wen-plummets-despite-burning-27-of-supply/?utm_medium=referral&utm_source=rss&utm_campaign=headlines