Home CryptocurrencySolana dex volume -founder slam memes take 20% dip after coin

Solana dex volume -founder slam memes take 20% dip after coin

by Hammad khalil
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  • Gold’s DX volume is about $ 700 million from Monday.
  • The negative side follows the comments of its co-finer, which criticizes meme tokens and NFT.
  • The comment argued, eight -form serious Meme Cryptos has completed Solan’s growth.

The latest comments by Solan’s co-founder, Anatoli Yakovenco, left the speculative trading shake.

Meanwhile, the blockchain decently reflects the impact on the decentralized exchange (DEX) front.

Yakovenko dismissed NFTs and meme coins as property with internal value in July 27 X post.

He compared him to a mobile game robbery box, which serves betting persons.

Meanwhile, the comments announced that Solana’s dex volume falls 220% from $ 3.071 billion on Monday at $ 2.374 billion.

SOL ($ 177.73) -Dex -Volume.jpg “alt =” width = “724” height = “322”>

While the dips in the cryptocurrency industry are suddenly not uncommon, some participants are connecting dots.

Meme Cryptos has promoted Solan’s growth

This is irony that attracted the attention of the community. While meme tokens lack traditional utility, they have been important in the latest boom of Solana.

Cryptocurrency who dominate the trends in the past.

PNUT, WIF ($ 0.96), Fartcoin, and Current Pengu ($ 0.04), you can name them.

In addition, Solana claims the largest meme launchpad (pump. And radium).

Many times when top chains such as etherium and cardano were cool, solana phila -fula due to viral meme assets and NFT.

In addition, Solana Dexs like Jupiter performed the Doing Mem Coin season.

With these trends, Solana gained a strong communite, culture, profits and glory.

Thus, many Yakovenco’s comments are equal to kill the hand that fed his ecosystem.

The Solana-based exchanges have experienced sufficient recession days after controversial comments.

Whether the 20% slide is a common cool-infe or a reaction to the remarks of Yakovenco, Solan’s ecosystem took a hit.

Tone may have discouraged some participants, which are like alternative meme launchpads of viewing.

For digital assets internis, meme tokens and NFTS represents culture, access and creativity in the crypto industry.

In addition, they reduce the admission obstacles in web 3.

Mem tokens lack value, but drive excitement

Yakovenco’s comments were baseless. Most meme tokens lack utility beyond attraction.

They face criticism because they lag, use cases, and the fact that the creators launch them as special plays.

Projects can record stagging surge overnight and crashes within minutes.

You remember the controversial Libra case.

Libra increased the market capitalization project of $ 224 million before crashing within hours, leaving its investors with massive damage.

Its current market cap is $ 3.94 million.

Hype, not fundamental, determines the life cycle of most meme coins.

However, they also work. While rational cryptocurrency lacks substance, they attract attraction and enthusiasm to digital currency markets.

In addition, they want to join the market with online retailers who navigate complex protocols.

This phenomenon has benefited Solana, putting it in the spotlight doods when the top blockchain feels inactive.

Thought that Yakovenco’s comment was true, he exposed the fragility between market behavior and argument in Crypto.

In addition to decentralization, the fun side of the blockchain industry is important for the livelihood of the area.

The post Solana dex volume was diverted 20% after the coins of co-founder Slam meme.

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