In the week it appears that the enthusiasm, within the community for meme tokens on the Solana blockchain has diminished.
The introduced tokens have struggled to establish a following resulting in a decline in prices for the previously popular tokens.
For instance BONK, a meme token centered around dogs experienced a surge of over 1,000% within three months. Gained listings on influential exchanges like Binance and Coinbase. However since reaching its peak value in December of year BONK has now dropped by, than 70%.