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Author: Mustafa Mulla
Mustafa Mulla 
Author
Mustafa hasactually been composing about Blockchain and crypto giventhat lotsof years. He has previous trading experience and hasactually been working in the Fintech market because 2017.
Sep 4, 2024 18: 17
Mustafa Mulla
Author
Mustafa hasactually been composing about Blockchain and crypto giventhat lotsof years. He has previous trading experience and hasactually been working in the Fintech market because 2017.
Solana (SOL) is dealingwith unpredictability as its rate, presently around $128, has dropped by 20% over the past 11 days. A secret factor for this decrease is the flood of meme token launches on the platform, which corresponded with Solana’s cost stagnancy. Instead of driving user engagement and enhancing deals, these meme tokens drainedpipes focus and funds from Solana’s core environment. As a result, the increase of low-utility tokens has deteriorated Solana, diverting financialinvestment away from more significant, long-lasting jobs.