Don't hold Solana coins for too long, if you don't want to lose.🔥🔥

SOL) fell 5.33% on May 11, settling at $148 after previously reaching $155 on May 9. Despite posting gains the previous day, SOL faced challenges in maintaining its positive trend. Disappointment from new projects such as Jupiter JUP 0.37% -> , Wormhole W 1.19% -> , Pyth PYTH 0.68% -> , and Helium HNT 3.98% -> also contributed to the decline. Investor confidence in the Solana ecosystem weakened, especially after disappointments over the token airdrop and the volume that was indicated to be regulated. Projects such as MarginFi and Kamino disappointed investors with uneven token distribution and less than expected price performance. MarginFi, for example, saw $412 million withdrawn after its founder reportedly tried to thwart a token airdrop. Kamino also suffered a similar fate with its token price far below initial expectations.

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