Solana price drops 12% due to Pump.fun selling $41M in tokens

From Cointelegraph

September 4, 2024 8:06 AM:

A new memecoin launch coupled with a low Bitcoin price may negatively impact the SOL token. There is speculation that the SOL token could be the next cryptocurrency to receive a spot ETF, amid ongoing market volatility.

Read more at Cointelegraph: Solana price falls 12% as Pump.fun sells $41M SOL tokens