List of Flash News about NFT cycle 2022
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2025-06-03 10:54 |
Solana Meme Coins Echo 2022 NFT Market Patterns: Trading Analysis and Key Risks
According to @KookCapitalLLC, Solana meme coins, referred to as 'trenchers,' are showing trading patterns similar to the 2022 cartoon-themed NFT projects, which saw a decline in active participants and a rise in exit activity and scams as the cycle matured (Source: Twitter). This comparison suggests traders should monitor for diminishing liquidity and increasing risk signals within Solana meme coin markets, as historical NFT trends indicate potential weakening of community engagement and heightened volatility. Staying alert for these red flags is crucial for risk management in current Solana-based meme coin trading. |