CryptoBearishNewsBTC · 6d ago7/10
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Meme Coin Unicorns That Are Now Basically Dust Again
Several Solana meme coins that surged to billion-dollar valuations during the 2024 bull market have collapsed by 95-98% since November 2024, with POPCAT, MEW, and PNUT exemplifying the dramatic reversal. These assets demonstrate the extreme volatility and speculative nature of meme coins, raising questions about sustainability in the sector.
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