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Solana, Dogecoin, XRP Take a Hit: What’s Dragging Crypto’s Heavyweights Down?

Solana, Dogecoin, XRP Take a Hit: What’s Dragging Crypto’s Heavyweights Down?

Author:
decryptCO
Published:
2025-06-02 23:41:38
16
3

Why Solana, Dogecoin, XRP are Trading Lower on the Week

Crypto’s high-flyers are feeling the squeeze—Solana, Dogecoin, and XRP all slump as market sentiment sours. Here’s the breakdown.

Market-wide jitters or coin-specific woes? The usual suspects—Fed fears, whale sell-offs, or just traders getting cold feet—could be at play. No single trigger, but the pain’s real.

Solana’s speed bump: Network congestion rumors resurface, sparking deja vu from last year’s outage marathon. Traders bail before history repeats.

Dogecoin’s meme magic fades: No Elon tweet, no pump. Retail interest wanes as the OG meme coin struggles to justify its top-10 seat.

XRP’s regulatory limbo: SEC case drags on, and patience wears thin. Even Ripple’s ODL growth can’t offset the legal overhang.

Meanwhile, Wall Street shrugs—another day, another crypto ’correction’ to fuel their ’I told you so’ narratives. The dip? A buying opportunity for believers, a cautionary tale for the suits. Place your bets.

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