Solana meme coins continue sideways trading with bulls attempting a major price recovery. The last 24 hours have seen several crypto assets lose value while others posted slight gains. Market leader, Bitcoin (BTC) moved out of the red zone with 0.01% inflows today further taking weekly numbers to a similar position.
The recovery efforts by altcoins and top meme coins can follow the trend of Bitcoin with a flip in macroeconomic conditions. Although general volumes have increased, the wider market cap stands at $2.53 trillion, a 0.3% drop. Solana token volumes also saw a decline in trading volumes although the market cap surged 2.5% to $8.85 billion due to new assets. Here are three Solana meme coins recording outflows at press time.
Bonk (BONK)
Top meme coins have struggled with the recent crypto market downturn. Bonk’s price is $0.0000272 after a 5.4% decline in the last 24 hours. Weekly losses represent the state of top meme coins as sentiments plunged. Bonk is down 20.8% in the previous seven days with a decline in trading volumes. However, intraday trading has shown slightly positive results as coins attempt a rebound.
Long-term numbers are still bullish for the asset as monthly gains stand at 18.8%. BONK’s market capitalization fell to $1.8 billion while trading volumes are at $242 million.
BOOK OF MEME (BOME)
BOME is down 4% in the last 24 hours with its price falling to $0.01064. The asset has recorded outflows this month signaling a bearish sentiment amid declining volumes. This week, BOME plummeted 20.7% while monthly outflows are at 4.4% because of gains recorded in previous market highs.
Popcat (POPCAT)
Popcat ranks among the top Solana meme coins making a 3.2% decline today and 15.9% outflows this week. Popcat’s recent figures are a shadow of previous high-flying gains. The assets trade at $0.3623 with its market capitalization at $352 million. Daily trading volumes fell to $12.1 million.
Also Read: Top Crypto Gainers & Losers of The Week
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