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Solana's price has dropped from $295 to $200, signaling potential trouble. Here's why:
*Bitcoin & altcoins are pulling back
*Solana's meme coin market cap is down 50%
*Trading volume & NFT sales have decreased
*Active wallets down 40%
Technical patterns show a bearish reversal, and if it drops below key levels, SOL could reach $120. Keep an eye on this!
#crypto Solana #SOL BTC