Solana Ecosystem, short-term, facing some negative news, price under pressure
Solana ecosystem meme launch platform pump.fun revenue has sharply decreased by 66%, with weekly revenue dropping from $33.83 million to $11 million.
Jito (JTO) will unlock 135 million tokens on December 8, worth approximately $518 million, accounting for 103.03% of the circulating supply, which means that if the price remains unchanged, the market cap will double.
Moreover, from a technical and candlestick analysis perspective, SOL's trend has already broken down...
By the way, are you still playing with memes? Are you still all in on the Solana ecosystem?