Source: DigitalToday
Original Title: The Solana Meme Coin Market, Investor Loss Recovery Potential↓… Reasons?
Original Link:
The Solana meme coin ecosystem is attractive but also carries significant risks. Many investors planned short-term trading, but due to sharp price fluctuations, they unintentionally became “Diamond Hands(Diamond Hands).” This term describes the desire to hold a very risky position or someone who has such a mindset, making the likelihood of recovering losses low.
According to blockchain data, 62% of Solana meme coin holders are classified as “Diamond Hands,” and these investors have never sold their coins since investing. However, structural market limitations and the spread of scams are further reducing the chances of recovery.
According to CoinGecko(CoinGecko), the total market capitalization of Solana meme coins exceeds approximately $6.45 billion, with daily trading volume surpassing $1.7 billion. However, seven major meme coins—TRUMP(TRUMP), BONK(BONK), PENGU(PENGU), WIF(WIF), FARTCOIN(FARTCOIN), PIPPIN(PIPPIN), and others—account for 70% of the entire market, lowering the recovery prospects for low-liquidity coins.
Major meme coins are approaching mass unlocks in December, which could lead to market dilution and large-scale selling pressure.
Scam issues are also serious. Among 109 new Solana tokens created on decentralized exchanges(DEX), 68.8% were found to be scams, with only 18.3% showing potential. Of these, 39.1% were exposed to scams within a week.
There is still hope in the meme coin market. The most optimistic scenario involves new funds flowing into the entire ecosystem. This could provide opportunities not only for large meme coins but also for smaller tokens. If no new funds are introduced, existing capital may shift from large to small coins, offering an exit opportunity for investors in losses. BONK, WIF, PENGU, and FARTCOIN dominate the liquidity of Solana meme coins, and analysts expect funds to move into small coins if liquidity exits.
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62% of Solana Meme Coin Investors: Reasons Why Recovery of Losses Is Unlikely
Source: DigitalToday Original Title: The Solana Meme Coin Market, Investor Loss Recovery Potential↓… Reasons? Original Link:
The Solana meme coin ecosystem is attractive but also carries significant risks. Many investors planned short-term trading, but due to sharp price fluctuations, they unintentionally became “Diamond Hands(Diamond Hands).” This term describes the desire to hold a very risky position or someone who has such a mindset, making the likelihood of recovering losses low.
According to blockchain data, 62% of Solana meme coin holders are classified as “Diamond Hands,” and these investors have never sold their coins since investing. However, structural market limitations and the spread of scams are further reducing the chances of recovery.
According to CoinGecko(CoinGecko), the total market capitalization of Solana meme coins exceeds approximately $6.45 billion, with daily trading volume surpassing $1.7 billion. However, seven major meme coins—TRUMP(TRUMP), BONK(BONK), PENGU(PENGU), WIF(WIF), FARTCOIN(FARTCOIN), PIPPIN(PIPPIN), and others—account for 70% of the entire market, lowering the recovery prospects for low-liquidity coins.
Major meme coins are approaching mass unlocks in December, which could lead to market dilution and large-scale selling pressure.
Scam issues are also serious. Among 109 new Solana tokens created on decentralized exchanges(DEX), 68.8% were found to be scams, with only 18.3% showing potential. Of these, 39.1% were exposed to scams within a week.
There is still hope in the meme coin market. The most optimistic scenario involves new funds flowing into the entire ecosystem. This could provide opportunities not only for large meme coins but also for smaller tokens. If no new funds are introduced, existing capital may shift from large to small coins, offering an exit opportunity for investors in losses. BONK, WIF, PENGU, and FARTCOIN dominate the liquidity of Solana meme coins, and analysts expect funds to move into small coins if liquidity exits.