Telegram Meme Coins Like SUN and DOGS Take Attention from Solana
Key Points:
- meme coins are gaining attention over Solana.
- DOGS launch caused issues on the Ton network.
- Solana still has a chance to recover.
meme coins like SUN, DOGS, and NOT are becoming very popular. These new coins are taking attention away from Solana, which has been a big name in the crypto world. While many are focused on these coins, Solana might make a comeback soon and regain attention.
Meme Coins and Their Impact
When DOGS launched on the Ton blockchain on August 26, it caused some problems. The network got too busy, which delayed transactions. The Ton Foundation had to ask validators to restart their nodes to fix the issue.
Notcoin, another meme coin, also gained attention when it launched in May. Unlike DOGS, it didn’t cause as many network problems. However, Notcoin’s price dropped by 62% after an initial surge. DOGS’ price also struggled, especially with legal issues involving founder Pavel Durov.
Despite these challenges, ’s meme coins are still popular and taking attention away from Solana.
SUN Token vs. Solana’s Pump.fun
SUN, another meme coin, is competing with Solana’s Pump.fun. On August 21, SUN earned more revenue than Pump.fun, making $585,000 compared to Pump.fun’s $366,000.
SUN’s price jumped over 170% after Tron founder Justin Sun promoted it on his X account. It reached $0.043 but has since dropped to $0.03118. Despite this, SUN is still doing well.
Solana, however, is not out of the game. As of August 29, Solana remains a top choice for creating meme coins. Nearly 8,000 new tokens were made on Solana, generating $458,000 in revenue. This shows that while meme coins are popular, Solana is still strong.
Solana’s Chance for a Comeback
Solana has a history of bouncing back from challenges. Even though meme coins are popular now, Solana might recover. Recently, Solana’s price rose from $20 to $144, showing its potential.
If ’s legal issues are resolved, its coins might grow more. But Solana is still a tough competitor and could take back the spotlight.
Looking Forward
Right now, meme coins like SUN, DOGS, and NOT are getting a lot of attention. But Solana is known for its ability to recover and could make a strong comeback. Keep an eye on both as the market changes.
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