Solana Sentiment Hits 1-Year Low Amid Market Correction – Analyst Suggests Drop To $70
Solana Sentiment Hits 1-Year Low Amid Market Correction – Analyst Suggests Drop To $70
Solana Sentiment Plummets To Yearly Low
On Monday afternoon, the crypto market continued the weekend bleeding after failing to hold its key support levels. In the past 24 hours, most cryptocurrencies have dropped to monthly lows amid the latest market correction.
Bitcoin, the largest crypto by market capitalization, moved from the $96,000 mark to the range lows of its post-elections range before losing the $90,000 support for the first time since November.
It’s worth noting that market sentiment has shifted over the past few weeks, with several community members expressing increasing fatigue from the numerous Solana-based memecoin scams.