On the evening of the 11th, the MEME coin Daram on the Ethereum chain was minted 42,000 times in 3 hours with a Free Mint under high Gas.

It is estimated that more than 120 $ETH were consumed. Each address can only mint one, and the comprehensive cost may be close to 300 $ETH

That is, there were 42,000 coin holding addresses at the beginning. After 7 hours of turnover and some address collection, there are currently 29,405 coin holding addresses

At present, most of the liquidity is added spontaneously by OTC community members

As of the time of posting, the market value is 1.77 million US dollars and the liquidity is 60,000 US dollars

The main purpose of saying this is to express:

As the most important ecological activities on major chains in recent times are meme coins, many market makers and institutions are also focusing on the meme track, which may be an important Web3 activity that will last for a long time in the future

But recently, most of the new tokens on the Ethereum chain are made by 1 or less ETH adds about 80% of tokens, the initial liquidity, but when ordinary people can see and participate in it, there will be at least 100 times, or even 1000 times increase. Many of these projects are full of rat warehouses, and the deployers use robots to buy bottom chips in batches.

Based on the above data, this Meme issuance is very popular in the market. I think if the next project is as successful as $NEIRO , it may come in this form. A fairer issuance method is particularly important in Web3.

It may not be this project that is successful, but this form on the Ethereum chain has higher potential than the PUMP form.

I am Aqiang, sharing hot information and exclusive views, welcome to like, comment, follow, and communicate together