Solana and Stellar Headlines the Dip in Crypto Market as Buyers Seek Out Pomerdoge

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The crypto market has not been particularly favorable to Solana (SOL) and Stellar (XLM) investors. This is a result of the current dip in the price of both tokens. However, the same investors are finding respite in the Pomerdoge (POMD) token which is showing high potential for a 20x growth in the coming months. 

Click Here To Find Out More About The Pomerdoge (POMD) Presale

Solana has experienced a decline of 3.69% in the last 24 hours. This sees SOL  trading at $22.55 at the time of writing. However, the trading volume of Solana has experienced a 4.50% increase in the last 24 hours. This brings the trading volume of Solana to $346.22M within the past day. 

Zooming out, the price of Solana  has been on a steady decline as is evident in the stats of the last 7 and 14 days where it lost 10% and 12% of price value respectively. As it stands, Solana is 91% less than the token's all-time high of $259 which was reached on November 6th, 2021.

Stellar is one of the many crypto tokens to experience a bearish run according to the latest price analysis in the crypto market. In the last 24 hours, Stellar has lost 3.75% of its price value which sees the token trade at $0.0136 at the time of this writing. In the same way, the trading volume of Stellar has also lost over 11% in market activity in the last 24 hours.

But the bearish run of Stellar dates back to the last two weeks when the token lost over 16% of its price value. The last seven days were not favorable either as the token took a 13% loss which buttressed the extended negative price action of the token. 

Currently, statistics have shown that Stellar has lost over