Holiday Crypto Cooldown | Bankless

Cooling off! Broader crypto markets stagnated this holiday week, with the total crypto market cap (TOTAL) declining 3.5%. The wind got sucked out of Solana’s sails, with SOL tumbling 17% off its Monday high and many hot memecoins falling too.

Solana’s largest memecoin by market cap, BONK, which has been down only since its Coinbase debut on December 14th, slid a further 20% this week, and anyone who aped the Crypto Twitter influencer favorite ANALOS last weekend has now found themselves down 80%!