$SOL Struggles After a Huge Rally

Dogwifhat (WIF), one of the most popular Solana-based memecoins, recently surged by over 75%, making headlines across the crypto space.

However, that rally seems to be losing steam. The price has dropped 5.5% in the last 24 hours, and traders are now fearing a potential crash.

At press time, WIF is trading at $0.559, sitting just above a critical support level at $0.545. If this level fails to hold, the price could drop by 25% to around $0.41 in the coming