The prices of Solana memecoins such as $WIF , $PENGU , and $FARTCOIN have decreased by more than 10% in the past week.

In the past week, Solana memecoins like WIF, PENGU, and Fartcoin have experienced sharp price drops, with each coin declining by at least 10%.

This coincides with a decrease in interest from investors, as indicated by a 22% drop in trading volume for WIF.

WIF is currently trading at 0.88 USD, down significantly from a weekly high of 1.06 USD. PENGU has dropped to 0.033145 USD, while Fartcoin fluctuates between 1.671 USD and 0.795 USD.

The current market sentiment is trending bearish.