A meme coin caused Solana to go up almost 40% in a week, is this good or bad for Solana?
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So a certain dog themed meme coin launched on Solana about two weeks ago and has caused it to go up almost 40% in the last week. Is this a good thing for Solana? yes the chain is experiencing a lot of transactions and getting a lot of attention from people who maybe hadn't heard of Solana or wouldn't of used it before this meme coin launched but what does it say about the state of a project like Solana if a meme coin can cause this much of a price difference? look at the last twenty days of Solana, since the dog coin launched the volume on the chain has gone up 400%. Volume up 400% price up 37.5% Can a Dog coin save Solana? and if it can, is it worth saving? submitted by /u/Odlavso |
