Summary
TLDR: Solana meme coin Dogwifhat (WIF) has dropped by double-digits in the past day, along with other Solana meme coins, due to network congestion issues on the Solana blockchain. Solana developers are working on a fix for an implementation bug that has caused transaction failure rates to rise, with a target date of April 15 for deployment.
Key Points
1. Solana meme coin Dogwifhat (WIF) has dropped by double-digits in the past day, with losses among Solana meme coins exceeding the broader meme coin category.
2. Other Solana meme coins, such as BONK and Book of Meme (BOME), have also experienced dips over the past day.
3. Solana developers have set April 15 as the target date to deploy a fix for an “implementation bug” that has caused transaction failure rates on the network to increase significantly.