{"id":13715,"date":"2025-02-18T15:49:47","date_gmt":"2025-02-18T15:49:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13715"},"modified":"2025-02-18T15:49:47","modified_gmt":"2025-02-18T15:49:47","slug":"solana-meme-coin-ecosystem-under-fire-galaxy-research-cites-libra-rug-pull-as-major-blow","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13715","title":{"rendered":"Solana Meme Coin Ecosystem Under Fire: Galaxy Research Cites LIBRA Rug Pull As Major Blow"},"content":{"rendered":"<div>\n<p><strong>Solana<\/strong>&#8216;s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/sol\/usd\">SOL<\/a>) meme coin sector is under renewed scrutiny after <strong>LIBRA <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">LIBRA<\/a>) plummeted. <\/p>\n<p><strong>Galaxy Research<\/strong> highlighted that LIBRA&#8217;s collapse could further erode confidence in Solana-based speculative assets, which had already been struggling since the launch of the <strong>Official Trump<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">TRUMP<\/a>) token in January, Coindesk <a href=\"https:\/\/bit.ly\/3ESd5Ze\">reported<\/a>.<\/p>\n<p>The introduction of TRUMP led to a significant shift in liquidity, draining capital from the broader meme coin market and adding to volatility in the ecosystem.<\/p>\n<p><strong>See Also: <a href=\"https:\/\/www.benzinga.com\/25\/02\/43769603\/argentinas-stock-market-plummets-amid-milei-meme-coin-controversy\">Argentina\u2019s Stock Market Plummets Amid Milei Meme Coin Controversy<\/a><\/strong><\/p>\n<p>Galaxy Research noted that Solana&#8217;s recent price gains were largely driven by demand for SOL-denominated assets, particularly meme coins. <\/p>\n<p>The instability caused by LIBRA&#8217;s rapid rise and fall could reduce investor interest in &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/02\/43786713\/solana-meme-coin-ecosystem-under-fire-galaxy-research-cites-libra-rug-pull-as-major-blow\" alt=\"Solana\" meme coin ecosystem under fire: galaxy research cites libra rug pull as major blow>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana&#8216;s (CRYPTO: SOL) meme coin sector is under renewed scrutiny after LIBRA (CRYPTO: LIBRA) plummeted. Galaxy Research highlighted that LIBRA&#8217;s collapse could further erode confidence in Solana-based speculative assets, which had already been struggling since the launch of the Official Trump (CRYPTO: TRUMP) token in January, Coindesk reported. The introduction of TRUMP led to a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13715","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13715"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13715\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}