Are Meme Coins Hurting Solana? Rising Selling Pressure Sparks Investor Concerns

Solana has faced increasing selling pressure and negative sentiment as the broader meme coin market continues to decline, impacting overall market performance. Analysts suggest that excessive speculation on meme coins is a key reason why altcoins, including Solana, are underperforming compared to Bitcoin. The hype-driven nature of these tokens has led to extreme volatility, making investors... source: https://www.newsbtc.com/news/solana/are-meme-coins-hurting-solana-rising-selling-pressure-sparks-investor-concerns/