The NYC meme coin on Solana has experienced significant downside pressure after reaching an impressive $580 million peak valuation. This price action reflects the typical volatility patterns seen in Solana-based token projects, where rapid gains can quickly reverse as market sentiment shifts. The project's trajectory offers insights into how quickly momentum can fade in the meme coin sector, even when projects gain considerable market capitalization. Traders monitoring Solana ecosystem tokens have been closely watching this development as a case study in token volatility and market cycles.

SOL4,29%
TOKEN5,67%
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DuckFluffvip
· 4h ago
Laughing to death, it's the same old story again, tears of the bagholders at high prices.
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CryptoPunstervip
· 4h ago
Laughing through this loss, another textbook-style crash of 500 million USD, the newcomers in the Solana ecosystem need to review their lessons.
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ForeverBuyingDipsvip
· 4h ago
Hmm... another rollercoaster of sharp rises and falls, this is just the daily routine of the Solana chain.
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AllInDaddyvip
· 4h ago
Oh no, it dropped again. This is the fate of meme coins.
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PretendingSeriousvip
· 4h ago
It dropped again and again... The NYC coin went straight down from 580 million, hilarious, meme coins are just like that.
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