🚀 Gate Fun Chinese Meme Fever Keeps Rising!
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#️⃣ #SolanaSpeculationCools — The hype wave finally hits pause 🌊
📆 October 10 Market Insight
🔥 After weeks of nonstop meme coin madness, Solana’s speculation engine is finally losing steam.
📉 Data from GMGN:
In the past 24 hours, Pump.fun saw just 2 tokens “graduate” — each crossing the $1M market cap mark. That’s a sharp drop compared to the recent frenzy that had dozens hitting milestones daily.
💨 What’s Happening:
Liquidity is thinning as traders take profits.
New token launches are seeing slower traction.
The hype cycle that powered Solana’s meme coin mania seems to be cooling.
⚖️ Market Mood:
Investors are shifting from pure speculation to more sustainable plays — signaling a potential maturity phase for Solana’s fast-moving ecosystem.
💭 Bottom Line:
The Solana summer rush might be easing, but innovation on-chain isn’t stopping — just catching its breath before the next wave. 🌴
🚀 Quiet doesn’t mean over — it means accumulation time.