Solana Is Crashing (Act Fast Before It’s Too Late) | by CK. Jonas | The Capital | Feb, 2025
Hello everyone,
Something unusual is happening in the crypto market. And I hope we don’t see a repeat of the Terra Luna collapse of 2022. But, have you checked the SOL-USD chart lately? If yes, you’ve probably noticed a lot of red candles. If you’re like me, you might be wondering what’s really going on with Solana.
So, today, let’s dip deep into the drama surrounding Solana (SOL) and the looming collapse of meme coins built on its blockchain.
First…
What’s Causing the Collapse?
Over the past 24 hours, Solana and its ecosystem coins have taken a sharp hit. Now, you may be wondering why Solana is crashing so fast.
Well, several factors contribute to this situation, including the aftermath of the Memecoin Mania, market manipulation, bearish trends, and token unlock events. So, understanding these elements will help you make more informed decisions.
Let’s Talk About the Meme Coin Mania and Aftermath:
