The production of Solana’s Pumpfun Meme has stopped among the “intense fear”, will the price be returned?
Pumpfun, the Solana Coin, has been arrested by the Solana Coin, new symbolic creations after extreme volatility in the market. The decision follows an increase in uncertainty in the encryption space, which raises concerns among users about the future of the newly launched symbols.
Meme Meme Solana faces a decrease after the initial boom
In September 2024, Solana’s Pumpfun Meme witnessed an increase in interconnection activity. The number of coins associated daily has started with low levels but gained a quick momentum. By October and November 2024, the trend showed a steady growth, with a daily connection exceeding 400 coins.
This bullish movement reached its climax in January 2025, reaching more than 1,000 coins raised daily. The assembly reflected strong enthusiasm and participation in the project during that period.
However, the momentum did not last. By late February 2025, the interconnection rate began to decrease sharply. With the start of March 2025, the number of coins decreased to nearly zero, indicating a significant loss of attention.
The decrease in the activity of interconnection and the creation of the distinguished symbol indicates that interest in the platform has declined, a development that affects liquidity and market participation in Solana.
The interconnection activity and the creation of the distinctive symbol decreased on Solana, indicating a decrease in interest in the platform. This shift affects liquidity and market participation.
In addition, the price of the scale faced. Meanwhile, the maximum Meme Coin market in Solana is $ 8.56 billion, which reflects a 1.4 % decrease in 24 hours.
Bitcoin’s fear and greedy indicator drowned, indicating the fear of intense market
YE bitcoin fear and Greed Index It decreased to 10, indicating extreme fear in the market. The current Bitcoin price is $ 84,119, which reflects the increasing uncertainty among market participants.
The fear index that reads this low indicates that traders are hesitant, which leads to low activity and possible operations. Historically, these intense fear levels have preceded large market movements, either leading to high rise or long declines.
Bitcoin’s fear and greed index 10 – severe fear
Current price: 84,119 dollars pic.twitter.com/kakfwzl1lhBitcoin Fear and Greed (Pitcoinfear) Index February 27, 2025
Will Solana Price recover?
The price of Solana reflects the broader market trends, which suffers from fluctuations in uncertainty. While some traders expect a recovery, others remain cautious, and they are waiting for market stability. The stopping of the generation of Meme Pumpfun Meme can limit the new speculation flows, which may affect the demand for Solana in the short term.
As of February 27, 2025, the Solana price is $ 136, which reflects a modest decrease of 2 %. Sol decreased dramatically early in the month, as it fell to less than $ 120, before returning to its current location.
The RSI Index (RSI) is 36.85, a little higher than the 30th threshold, indicating that the original approaches the terms of the sale. MACD shows a negative difference of -5.982, which enhances the descending feelings.
The main price levels to see are resistance at $ 140, which may serve as a short -term barrier, and another goal at $ 150. A break above this level can indicate a transformation in the momentum. On the negative side, support levels for Predicting at the price of Solana It is about $ 130 and $ 120, with a major support zone approaching $ 110.
In sum, the Solana price is still under pressure as the market controls fear traders. The stopping of the creation of the Pumpfun Meme currencies adds uncertainty, while the fear indicator of Bitcoin. The market trends will determine the next step for Solana.
Related questions (common questions)
Coin Solana’s Pumpfun Meme Coin is a launching platform for the creation and interconnection of distinctive symbols within the Solana ecosystem.
The stopping is due to the extreme market fluctuations and uncertainty in the encryption space, causing a significant decrease in the interconnection activity.
The decrease in the interconnection activity is due to the low interest of the market and instability in the encryption market, including intense fear signals from the Bitcoin Fear and Greed Index.
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