Solana Meme Coin Market Don Full: Only DOGE PEPE SHIB
Crypto trader James Wynn dey warn say Solana meme coin market don full with short-term speculators and yield farmers. E talk say dis full market dey spoil long-term value and e call projects like FartCoin Ponzi schemes. Wynn talk say only DOGE, PEPE, and SHIB na the only blue-chip meme coins wey fit keep value for long. E say other tokens no get the foundation for steady growth. E add say meme coin space go still dey down if dem no cut interest rate, no Q4 market peak, and no strong comeback of retail investors. Wynn also talk say e get 25× leveraged long position for ETH as part of e market strategy.
Bearish
James Wynn talk say di Solana meme coin space don full ground and say most projects no get sustainability, e bad for small tokens. Traders go move dia money go big, well-known blue-chip meme coins like DOGE, PEPE and SHIB, wey go leave small small coins without money to trade. Short term, dis fit cause more market shaking and selling for smaller tokens. Long term, only big meme coins go remain with liquidity and market interest, wey go lead to consolidation and less variety for di sector. E get like dis before for 2021 altcoin crash wey speculative projects collapse and capital move to few big players.