3 Solana Meme Coins Recording Big Outflows ⏫️
Solana meme coins continue to trade sideways, with bulls striving for a significant price recovery. In the past 24 hours, several crypto assets have lost value, while others have seen slight gains. Bitcoin (BTC), the market leader, moved out of the red zone with a 0.01% inflow today, bringing weekly figures to a similar position.
Altcoins and top meme coins could follow Bitcoin's trend if macroeconomic conditions shift. Despite an overall increase in trading volumes, the broader market cap stands at $2.53 trillion, down 0.3%. Solana token volumes also saw a decline, although the market cap rose by 2.5% to $8.85 billion due to new assets. Here are three Solana meme coins experiencing outflows at press time.
### Bonk (BONK)
Top meme coins have struggled with the recent crypto market downturn. Bonk’s price is $0.0000272 after a 5.4% decline in the last 24 hours. Weekly losses illustrate the challenges facing top meme coins as sentiment dropped. Bonk is down 20.8% over the past seven days, with trading volumes also decreasing. However, intraday trading has shown slightly positive results as coins attempt a rebound. Long-term prospects remain bullish for the asset, with monthly gains at 18.8%. BONK’s market capitalization fell to $1.8 billion, with trading volumes at $242 million.
### Book of Meme (BOME)
BOME has dropped 4% in the last 24 hours, with its price falling to $0.01064. The asset has recorded outflows this month, indicating a bearish sentiment amid declining volumes. This week, BOME plummeted 20.7%, while monthly outflows are at 4.4% due to gains recorded during previous market highs.
### Popcat (POPCAT)
Popcat is among the top Solana meme coins, experiencing a 3.2% decline today and 15.9% outflows this week. Popcat’s recent performance is a far cry from its previous gains. The asset trades at $0.3623, with a market capitalization of $352 million. Daily trading volumes fell to $12.1 million.
