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Hotcoin Research | Will the price skyrocket when the currency is listed? "Little Binance on the Meme Chain" Moonshot Platform Analysis and Outlook
1. Introduction
As the wealth-creating effect of Meme coins continues to ferment, Meme narratives have become the most watched track in this crypto cycle. Although Meme coin is controversial due to its high volatility and high risk, its entertainment attributes, low threshold and explosiveness have attracted more and more Web2 users and investors to enter the game. However, many Meme coins are not listed on mainstream exchanges. Investors usually need to complete transactions on decentralized exchanges, and users need to master technical operations such as wallet creation, private key management, and gas fee settings. In addition, decentralized trading platforms usually do not support fiat currency deposits, which means that users need to first purchase cryptocurrencies through centralized exchanges and then transfer them to on-chain wallets. The process is cumbersome and increases the operational risk of funds, which hinders A large number of new users have entered the market.
As the wealth-creating effect of Meme coins continues to ferment, Meme narratives have become the most watched track in this crypto cycle. Although Meme coin is controversial due to its high volatility and high risk, its entertainment attributes, low threshold and explosiveness have attracted more and more Web2 users and investors to enter the game. However, many Meme coins are not listed on mainstream exchanges. Investors usually need to complete transactions on decentralized exchanges, and users need to master technical operations such as wallet creation, private key management, and gas fee settings. In addition, decentralized trading platforms usually do not support fiat currency deposits, which means that users need to first purchase cryptocurrencies through centralized exchanges and then transfer them to on-chain wallets. The process is cumbersome and increases the operational risk of funds, which hinders A large number of new users have entered the market.
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