Meme coins unwind, SOL loses 9% in 24 hours 

In the final days of 2023, Solana ecosystem traders appear to be collecting their profits, pushing the native token and other assets into the red. 

Solana erased gains Thursday morning, dipping close to 10% in 24 hours to just under $100 after nearly hitting $125 earlier in the week. The ecosystem’s native token (SOL) still remains up around 75% since late November and 776% since the start of 2023. 

Solana meme coin BONK, which gained more than 26,000% in November, is now down 58% since its highs earlier this month. 

Read more: BONK’s price pumped harder around Coinbase listing than any other crypto this year

BONK lost 18% in 24 hours Thursday, putting the token down more than…

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