The memecoin market on Solana has been active and volatile over the past week, marked by contrasting aggressive selling and enthusiastic buying that has been more about the momentum and sentiment rather than any underlying fundamentals. From May 31 to June 6, the memecoin space on Solana saw rapid alternation between our smart money investors who were entering and exiting, giving us a front-row seat to the latest meme coin roller coaster. This is what was happening last week in the memecoin market on Solana. The Past Week: Volatility Defines Smart Money Behavior In the recent week, Solana’s memecoin ecosystem
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