Since the beginning of this year, the encryption industry has witnessed the frenzy of memecoins, marking what many are calling the "memecoin Supercycle." The scale of this movement is evident in the success of Pump.fun, a memecoin launch platform that generates over $1 million in revenue daily and facilitates the issuance of 20,000 Tokens. Solana has become the center of this memecoin revolution, with its DEX volume now surpassing Ethereum and other major chains. This surge in activity is further reflected in the significant success of the Phantom Wallet, which peaked at 700 million MAU. The impact of memecoins goes far beyond merely captivating the imagination of crypto enthusiasts — they have become the most powerful gateway for introducing Newbies to encryption.

MEME-15.57%
PUMP-4.8%
SOL-1.57%
ETH0.45%
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Hasnain_2208vip
· 08-19 01:43
Watching Closely 🔍
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