Solana Meme Coin Market Hits 2-Year Low

[cryptoenthusiast]

Trading activity in Solana’s meme coin market has fallen sharply, now accounting for less than 10% of daily DEX volume.

On November 27, meme coins generated ~$295M out of over $3.2B traded.

This is a dramatic decline from December 2024, when meme assets made up 70% of Solana DEX volume.

The pullback follows high-profile scams and rug pulls that shook investor confidence.

[Capybara_Capybara]

Volume shift tells the real story.

[The_Walking_Dead]

Hype fades when bags get heavy.

[Revenant]

Investors chasing trust over trend now.