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The Bitcoin 
$103,291 price has plunged into a troubling scenario, targeting lower liquidity levels. Within the past 24 hours, the price dropped to $86,888, marking one of the largest loss days for cryptocurrency traders. Many altcoins continue to face a 10% decline as they struggle to recover. What predictions are there for Dogecoin 
$0.217414 and Solana 
$162?
Solana (SOL)
Support for meme coins on the Solana network accelerated a decline, particularly following Trump’s introduction of his own cryptocurrency. Significant liquidity shifted from central exchanges to short-lived gambling tokens, creating a precarious situation. Despite hundreds of thousands of tokens entering circulation within days, the winners appear to be the scammers operating within the network.
The overall weakness in altcoins has left them vulnerable against Bitcoin’s downward trends. Currently, many cryptocurrencies are hovering near their low levels from months ago.
In today’s assessment of Solana, Miles Deutscher highlighted the following graph:
“SOL sentiment is at its worst since it first regained the $100 level over a year ago. After such a long period of strong performance, it’s finally experiencing a moment of surrender. I think we are approaching a turning point…”
Crypto Fundamentalist noted that after months of abnormal good performance, this decline for SOL Coin was inevitable.
Dogecoin (DOGE)
The king of meme coins has suffered a significant blow following a substantial market downturn. How much longer will this decline continue for Bitcoin? While closing above $90,000 offers hope, investors are exhausted from years of poor market performance. Jelle comments on the current situation.
“You want to see this support hold and ideally rebound sharply before the weekend. Otherwise, the next existing support is in the low $70s. Bitcoin must survive…”
Where will the bottom be for Dogecoin? Ali Charts suggests that closing below $0.19 could push prices down to $0.06. As of writing, DOGE‘s price hovers on the brink.
