Solana meme coins, WIF and BONK, have experienced significant losses in the past 30 days as the broader meme coin sector faces a downturn. WIF has dropped to its lowest level in eight months, while BONK risks testing key support levels. The market cap of the meme coin sector has also decreased, with Solana meme coins being hit particularly hard. Despite their losses, both WIF and BONK remain among the largest meme coins on Solana. WIF is currently trading near $1 with a bearish downtrend, while BONK's EMA lines indicate a similar downtrend. However, a meme coin recovery may lead to a potential rally for both coins.
Content Editor ( beincrypto.com )
- 2025-02-02
WIF and BONK Struggle With Multi-Month Lows Amid Broader Meme Coin Downturn
