"The Pump Fun casino was exciting, peaking with the 'Trump top,' which drove many investors to buy SOL in droves to join the action. But the jig is up—memecoins are a thing of the past. We’re now in a meme cooldown period as people realize they aren’t winning the game. There’s little reason to buy SOL at this point, especially with many holders and upcoming unlocks creating sell pressure. The only hope is the SOL ETF, but holders are in for a rude awakening when it fails to attract inflows, even if it gets approved. I expect we’ll see prices drop below $100 again
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.