Solana Meme Coin Issuance Drops to Lowest Level Since December 2024
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March 1, 2025 10:02 AM
In Brief
Daily issuance of MEME tokens on Solana has fallen to 40,000, the lowest since December 25, 2024.
The decline suggests a slowdown in meme coin activity on the network.
According to Odaily reports, the daily issuance of MEME tokens on the Solana network has dropped to 40,000, marking its lowest level since late December 2024. The decline indicates a cooling-off period in meme coin speculation, which previously saw massive trading volume and new token launches during the Solana ecosystem’s recent surge.
While Solana remains a top choice for meme coin creators due to its low fees and fast transactions, the slowdown could be linked to market corrections, decreased investor interest, or regulatory concerns. However, past cycles suggest that meme coin activity could resurge with a broader market recovery.
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