Sol Chain Ecology

  • Sol has now fallen back to $182, and Sol has surpassed the BNB ranking. The meme coins on Sol are popular for two days and then fade away for two days. Memes have generally pulled back today.

  • SLERF: Solana created another great deal. The fully diluted value (FDV) of the SLERF (Sloth) project exceeded $300 million in less than 2 hours, and group members made a lot of money in a few hours. However, there were some minor incidents on the project side. The wrong pool was added, and the price surged for a while. When netizens announced that they could retrieve the tokens, the price fell again.

  • The decline of BOME: Since its launch, the BOME project joined the bn network within 3 days and quickly entered a crazy blood-sucking stage, with a single-day decline of more than 40%.

  • IQ50: IQ50 fell 40%, Pogai went bankrupt, and emo became emo. The whole market was in mourning. It was rare to get a meme token (just luck). To become a top meme, you must go through a long period of baptism.

    Friends, today's market is really exciting. "Smart" people are cutting their losses, while "stupid" people are buying at the bottom. It is also mentioned that there are three major events this week that greatly affect market fluctuations, so it is recommended that if you don't have a strong heart and can't accept the sharp rise and fall, don't play memes, just hold the spot.


    Sloth Slerf creates god in two hours

    图片


    What is slerf

    Following the popularity of Bome, the meme token on the Solana chain started a private placement on March 17 and raised $10 million. Players can pre-order tokens first, and then the project party will airdrop the tokens to investors' wallets after issuance. It started to spread in various communities at 3 pm on March 18.

    Logic: Holding the entire meme can be exchanged on OKX. Bome has caught up with BNB, and OKX will not miss this heat.

    The project is amazing

    The dev Twitter account @lerfsol posted a message saying that due to an error in operation, he destroyed the LP and airdrop reserved tokens, the minting rights have been revoked, the SLERF tokens cannot be distributed to investors, and he is powerless.

    As soon as this was said, the community went wild. A strange scene appeared in the cryptocurrency circle. On one hand, the project was hot and the price of the coin was soaring. People were buying crazily, and botswap was once crashed. On the other hand, the founder dev was crying, the early investors were cursing and saying they would strangle the founder, and the audience was laughing at them.

    This accident turned out to be fuel for the market pull-up and caused fomo sentiment. Community members believed that this was the fairest way and everyone was on the starting line, so Sloth skyrocketed and successfully broke out of the circle. This move reminded people of the magical operation of Wang Duoyu, the richest tomato owner.

    The price rose rapidly from $0.02 to $1.2 in 2 hours, a 6000% increase, and the on-chain transaction volume exceeded $1.1 billion in 4 hours. Various exchanges also acted quickly, with HTX, MEXC, Bitget and XT.COM all announcing the launch of SLERF about 2 hours after the token was launched.


    After SLERF was listed on multiple trading platforms last night, its price once soared to nearly $1.6, but then quickly fell back to about $0.5, leaving many investors facing losses.

    However, through a series of clever operations, SLERF has raised the price to above $1.4. In the past hour, the price has skyrocketed by 200%, and the daily trading volume has reached an astonishing $1.6 billion.

    This series of events highlights the unpredictable nature of memecoin dynamics in the Solana ecosystem, while also demonstrating the high volatility of the cryptocurrency market and investor enthusiasm for emerging projects.

    Summarize

    According to statistics from ZachXBT, an on-chain analyst, the 27 recent Solana ecosystem pre-sale Meme coin projects have raised a total of more than 655,000 SOL, most of which have not yet been launched, and some projects have raised far more than SLERF. However, from a narrative perspective, it is difficult for a stronger "sexy operation" to overshadow SLERF. SLERF may still be able to ferment through narratives and break through the boundaries of BOME to create another milestone.


    How to catch the meme wave

    On-chain meme: low cost, high risk, high return.

    Catching the MEME wave and realizing the dream of wealth reversal sounds like a modern version of the gold rush. Everyone must want to seize the opportunity, take a chance, and live in a villa by the sea. However, in this bubbly cryptocurrency market, making the first pot of gold from MEME coins requires both courage and strategy.

    I don’t recommend you to play meme. The ups and downs are so dramatic that it all depends on luck whether you can take off. There are countless people who return to 0. The recent bull market has almost focused on the meme of the sol ecosystem, and the greed index has reached its peak.

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