Against the background of drastic market fluctuations, MEME currency is becoming the focus of fierce competition among major ecosystems. As the market becomes more unstable, the risks and instability of MEME coins become more significant.

Jupiter and other projects have entered the MEME market in an attempt to capture market share.

Jupiter recently launched a MEME market discovery tool called APE, which is designed to help users discover the latest MEME tokens and provide RUG risk screening and other functions.

Other one-click currency issuance platforms launched in the TON ecosystem, such as Gas Pump, Wonton and Pumper, are also working hard to attract users, although the market response is not as expected.

The popularity of the MEME market seems to be over exaggerated. Take Pump.fun as an example. Although this platform has generated huge revenue in just four months, recent data shows that its trading volume and number of active users have declined. In addition, Moonshot, as a competitor of Pump.fun, has launched a similar distribution platform, but its popularity and revenue are far less than the former.

For market participants, although the MEME market is still attractive, project parties need to proceed with caution as the overall market environment becomes more uncertain. The price of MEME coins fluctuates violently. For example, tokens such as BOME and POPCAT have fallen sharply in price in a short period of time, demonstrating their high risk and volatility.

Although MEME coin was once a hot topic in the crypto community, in the current market environment, its instability and risks have become prominent. Each project party needs to carefully choose the timing of entry after fully assessing market risks to avoid being exposed to the risk of market fluctuations. #美国首次申领失业救济人数超出预期 #ASI代币合并计划 #美联储何时降息？ #Mt.Gox将启动偿还计划 3#币安合约锦标赛 (Early review strategy analysis of Bitcoin and Ethereum every Monday to Saturday, long-term and irregular recommendation of high-quality individual coins and live broadcast analysis)