Solana Meme coins have faced a rigorous upset this year, with retail investors costing billions of dollars.
Most of the solana meme coins dipped
Most Solana (Sol) meme coins crashed with double digits, $ 10 billion with total market cap tambling.
According to Coingecko, this assessment has exceeded $ 25 billion in January.
Official Trump (Trump), which was launched on January 19, has crashed from $ 103 to $ 16, while the market cap has exceeded $ 14 billion in January, today it has been $ 3.27 billion, which means Is that investors are below $ 10.7 billion.
The market cap of Pudi Penguin (Pengu) token has come down from $ 3.2 billion to $ 554 million, while Melania (Melania) has fallen from $ 1.9 billion to $ 143 million.
In the last 30 days, only a handful of coins have increased. The tokens have increased by 24%, while comedians, Unicorn Fart Dust, and just one Chil Man has increased by double digits.
Inner formula, pump. Fun was the top beneficiary
Many investors have spent billions of dollars in the ongoing Sol Meme coin accident. The only beneficiaries are Solana, Mem coin generators such as pumps. Fun, and interiors.
Solana’s network has generated adequate fees in the last few months, mostly from these meme coins. Data by Toolminal It shows that Solan has earned a fee of $ 748 million in the last 180 days and $ 328 million this year. Even the fees generated this year have defeated Etharium (ETH).
The largest token generator pump in Solana. As Defee lamaThe pump has earned $ 68 million in this month’s fees and $ 121 million in January.
Solna dex networks such as Redium, Metora, Jupiter and Orca also benefited as an increase in their volume. He has handled more than $ 1 trillion in the last few months.
Inner sources and early adoption, known as snipers, were among the top beneficiaries. On-chain data shows that most of them have dumped their tokens, making millions of dollars.
A good example of this is Melania. Nansen data suggests that the most profitable trader earned $ 82 million and sold them all. As shown below, most beneficial melania investors have dumped all their tokens.
The same goes to the official trump, where the most profitable merchant earned $ 29 million and sold everything. Most holders have sold their tokens.
Most of the other Solana Meme coins show a close look at the same thing. It also probably explains why the price of Solana is crashing, especially after the recent Libra defeat, where it initially jumped and crashed within hours.
Sol is more than 40% of its highest level this year.
Why is Go-Two blockchain for Solana Meme coins
One of the biggest benefits of the coin is its high speed, low cost transaction. With the ability to process more than 65,000 transactions per second (TPS) and minimum fee varies from Atherium, where high gas charges can obstruct micro-landay.
In addition, the Solana program makes it easy to deploy new coins for library developers. Pump
Strong community and retail interest
The success of Meme coins like Bonak (Bonak) and Dogwifat (WIF) has cultivated a strong retail and community-operated market. This atmosphere encourages speculation and viral adoption, making this memes the right playground for the enthusiasts of the coin.
These meme coins receive quick listings on major centralized exchanges and radicalized exchanges such as radium (ray) and Jupiter (chanting). This ensures high liquidity and access, allowing new projects to receive rapid traction.
NFT and Meme Culture Coordination
Many Solna-based meme coins also take advantage of NFT, or non-fungting tokens for branding, marketing and community engagement, which further enhances their viral appeal.
Tedging bots such as bonebots and mestro also act as devices that allow users to buy and sell meme coins directly from telegram.
