The Solana meme coin has seen a 56% drop from its all-time high. There is concern about the liquidity and volume as the meme cycle winds down, with 90% of the current volume attributed to gambling on memecoins. The popularity of meme coins on Solana is evident, with discussions about the best meme coin and the creation of NFTs related to Solana. Despite the market pullback, there is bullish sentiment towards the 'usedcar' meme on Solana.
bro im still bullish af on $usedcar lol especailly here after a nice pullback This is the best meme on solana for fcks sake
๐Time to collect art on ๐ SOLANA & TEZOS ๐๏ธ โ Drop your art #SOL & #XTZ โ โค๏ธ & ๐ ๐ท๏ธ Tag your friends Art by ๐จ @JimiAlbert #tezos #tezosart #solana https://t.co/PP7Y6wP9Ml
2023 was a CRAZY year for Solana -- it's only right we recognize it properly. So we made a fun thing! To see your Solana Wrapped, enter your wallet addy / SNS at https://t.co/boITAMB301 (alpha alert: minting the NFT at the end makes you eligible for the drops we'll be doing)
Brakes on Bonk: Solana Meme Coin Down 56% From All-Time High https://t.co/QKM0Nf1AtH
The real test for Solana will be how much liquidity and volume sticks as the meme cycle windles down. Don't kid yourself, 90% of volume right now is gambling on memecoins 8/10 of Top10 pools on Raydium are memecoins, 0/10 of Top10 pools on Uniswap are memecoins https://t.co/AkAzaCz2e0
Whatโs the best meme coin on solana and why is it @2001civiconSOL ?