Who’s Profiting from Meme Coins? The Answer Might Surprise You
Who’s making bank on the meme coin frenzy? According to Leo, a Solana node operator, the biggest winners are Solana, Jito, and Raydium. These projects consistently outperform Ethereum in fee revenues, thanks to lower transaction costs.
Why is Solana Leading the Game?
Low fees — perfect for high-frequency trading.
Jito — the leading liquid staking provider with a 43% market share.
Community — after the FTX collapse, Solana developers stuck together instead of abandoning the network.
The Strategy: Long-term liquidity provision in active meme coins like WIF and Popcat can be highly profitable, especially in volatile markets. Leo claims he earned up to 50% in transaction fees within a day, investing just a couple of thousand dollars.
Bottom Line: Meme coins are risky but offer huge opportunities for those who know where to look.