Meme coins launched from the Solana (SOL) ecosystem have taken a steep nosedive, along with the broader market. Dogwifhat has declined 20% while BONK has declined 15% over the last week as thousands of investors took profits.
While experts anticipate further declines, Rollblock (RBLK) is gaining huge traction during its presale. The GambleFi protocol is currently in stage 9 of its presale, and analysts predict a potential 100x price multiplier by the time it hits major exchanges with early investors already seeing significant returns.
Solana-based Dogwifhat Down 20%
The Solana-based Dogwifhat token is down 20% on a 7-day time horizon, currently priced at $2.94. This decline correlates to a decline in the underlying Solana blockchain, which has also taken a nosedive. A Solana ETF is also under consideration, which would be a bullish indicator for Solana meme coins such as Dogwifhat.
Dogwifhat recently listed on the Binance exchange which could be a positive indicator moving forwar
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