Solana-based meme coins, such as PNUT, GOAT, POPCAT, MOG, WIF, BONK, and PEPE, have experienced significant losses, with some dropping over 90% from their peak valuations. As a result, utility tokens are gaining attention as they have actual use cases. However, some analysts believe that a rebound may be on the horizon. Traders and analysts have highlighted potential positive indicators for certain coins, including PNUT, GOAT, and POPCAT. Opinions on WIF remain divided, while MOG has suffered a substantial loss despite securing a Coinbase listing. BONK is currently in its Supertrend Sell Zone, which could potentially precede a major reversal. PEPE, while in a bearish trend, could see a resurgence if Ethereum rallies.
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