A meme coin caused Solana to go up almost 40% in a week, is this good or bad for Solana?
1 min read
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
[link] [comments]
