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Solana ecosystem Meme coin WhiteWhale is dumped, with market capitalization briefly falling below $140 million
【Blockchain Rhythm】The Meme coin WhiteWhale on the Solana chain has recently been quite volatile. On January 12th, the market capitalization of this coin briefly fell below the 140 million mark, with a low of around 143.5 million USD. The single-day decline reached 21.89%, causing many holders to suffer significant losses. Interestingly, despite the price drop, trading activity remained active, with a 24-hour trading volume of 6.7 million USD, indicating that market participants are still paying close attention to this project. Meme coins are known for their high volatility, and such tokens are easily influenced by market makers and retail investor sentiment, with short-term rapid rises and falls being quite common.