The proliferation of meme coins, including BONK and WIF, on the Solana network is causing apprehension about the platform's everlasting strength and authenticity. Renowned crypto analyst Crypto Koryo has voiced worries about the continuous emergence of new meme tokens and its adverse effects on the SOL ecosystem. The escalating number of meme coin listings on platforms like Orca is leading to market dilution and reduced overall trading activities. Despite celebrities and promoters profiting from the meme coin trend, retail investors are likely facing financial setbacks. Koryo's analysis points to the potential damage to Solana's reputation due to the prevalence of meme coins and associated risks like rug pulls and Ponzi schemes.