The past week has been quite underwhelming for most of the market’s tokens. Coins like Solana and Serum that had once embarked on independent rallies, also ended up succumbing to the broader market downtrend this time.
The price of SOL, by and large, remained stagnated around the $200 mark, while SRM hardly moved beyond $5.
Towards the end of October, both Solana and Serum’s volumes started making consistent spikes on the charts. However, the aforementioned trend couldn’t carry forward to November.
As can be seen from the chart attached below, the alts’ volumes have started inching down south on almost a daily basis. Well, insufficient volumes indicate the lack of momentum and the fading interest of market participants.
Thus, it is quite
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