The cryptocurrency market is down as some analysts speculate on top Solana memecoins to sell in the short term amid recent liquidations. As investor sentiments plummets, outflows are seen in Bitcoin (BTC), altcoins, and top memecoins. 

Solana memecoins are losing momentum due to macroeconomic factors, the downward trend of SOL price, and other assets. At press time, the market capitalization of Solana memecoins plunged to $7 billion, a 1.4% drop in the last 24 hours. This follows a string of losses recorded the previous week leading to investors offloading the assets. Here are the top 3 Solana memecoins to sell this week. 

Bonk (BONK) 

Bonk is among the top Solana memecoins to post losses in recent weeks. The asset is down 3.4% today pushing down weekly gains to 19%. These huge weekly inflows were seen with the Bitcoin halving momentum and a resurgence of memecoins. 

BONK has declined 13% this month with some investors looking to sell memecoins as sentiment weakens. Most crypto users regard BONK as a favorite token because of previous highs which hit over 3000% but with present market conditions, it is considered as a Solana memecoin to sell this week. 

Popcat (POPCAT) 

Popcat posted huge daily losses after the previous week’s highs. The Solana memecoin posted 11.4% losses in the last 24 hours. While these exits are due to plunging sentiments, POPCAT’s correction comes as Cat-themed tokens take a tumble in the market. 

Cat-themed tokens outpaced most memecoins in the last 10 days leading to a massive plunge in profits following this decline. Popcat jumped 37% last week ranking high among asset gains before the status quo. Cat coins have declined 4.2% today. 

Jeo Boden (BODEN) 

High-flying Solana memecoin  BODEN is down 6.6% today and 36.5% in the last week. The asset themed after the US President recorded skyrocketing inflows last month topping crypto’s biggest gainers. BODEN’s 14-day performance stands at a 41.7% low. The asset remains a memecoin to sell this week per crypto commentators. 

Also Read: MATIC Price Revival Chances Decline With Continuous Dip: Sell or HODL? 

The post Top 3 Solana Memecoins To Sell This Week appeared first on CoinGape.

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