Now the most common choice of chain for Chinese teams is to go to Solana or BSC. The advantages and disadvantages of these two chains are also very obvious:

Solana has much more natural traffic. If you do it well, you can even pass it all the way without spending money to pull the market, but the competition is also fierce, which tests the overall strength of the team. Solana has thousands of local dogs issued every day. If you do it well, you don’t have to consider going to CEX. There is enough liquidity on the chain to pull it to a very high level. If you don’t do it well, it is easy to waste the market, and the project party has very little room for error.

BSC has two roads. Either you go the route of ground promotion (I really don’t understand how to play this), or you go the route of competing for exchange resources and pulling the market to Binance, but this is also a single-plank bridge for thousands of troops, and the recent buying of Binance’s new meme contract is obviously not as good as before.

Regarding the liquidity of Meme on CEX, based on the feedback from market makers and project friends, the liquidity rankings of several mainstream exchanges on Meme are: 1. Upbit and Binance, 2. Bybit, 3. OKX, 4. Bitget, 5. Gate, 6. Mexc. However, the liquidity of each exchange is different at different market stages. The recent situation does not mean that it will be the same in three months or six months.

That’s all I have to say. Meme is a highly competitive track. Although it seems to have a huge liquidity bonus, it is not easy for both project parties and retail investors to really make money. If you just want to get out of Meme and make a quick buck, I hope this post today can persuade you to give up and return to VC.

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