Are you also curious about what force makes the dog series MEME the winner? Why does the frog series, although lukewarm, have the strongest liquidity?
MEME coins have become an undeniable part of the crypto world, bringing dramatic fluctuations in wealth stories and market volatility. However, in a seemingly random market, which MEME coins are more likely to outperform the curve? And what makes certain tokens stand out?
According to data analysis from PANews, the dog series MEME on the Solana chain has become the undisputed winner, with a total market value exceeding 7.2 billion dollars, accounting for 42% of the total market value. Although the 'cat-dog battle' has always been the market focus, currently, dogs seem to have the upper hand. In October, the explosion of AI series MEME coins also sparked market discussions, with 11 MEME coins having a market value over 100 million, where AI and trending topics occupy the majority.
However, surprisingly, the frog series, although not the hottest topic in the market, possesses the most abundant liquidity pools. Ample liquidity might be the secret weapon for the frog series to stabilize its market value, as large funds often determine the fate of tokens. For those eager to strike gold in the MEME market, data tells us that the probability of becoming a 'golden dog' in the MEME world might be slightly higher than winning the lottery, but it remains a challenging endeavor.
Apart from Solana, the MEME market on the Base chain is also quietly rising, while Ethereum remains an important hub for top MEME projects, with the established PEPE firmly sitting at the top of the market value rankings for MEMEs. How do these tokens maintain their market value? How long can early chips hold? These are all questions worth discussing in depth moving forward.
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