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Solana's WEN Token Plummets Despite Burning 27% of Supply

The burn turned out to be a "sell the news event" as traders had already accounted for the purge – and then some.

"Moonbois in the mud," wrote one pseudonymous trader (wenwencoin.com, modified by CoinDesk)
"Moonbois in the mud," wrote one pseudonymous trader (wenwencoin.com, modified by CoinDesk)