🚀 Solana co-founder, Anatoly Yakovenko, suggests memecoin creators should allocate developer grants to enhance their projects. This move could reverse the ICO process, fostering safer speculation and a steady onboarding corridor for retail users. 💡

However, memecoins are not immune to market volatility. With the recent crypto market decline, the memecoin sector lost over 8% of its market cap. Top tokens like Brett, Dogwifhat, and Pepe have seen double-digit declines. 📉

What's your take on this? Do you think developer grants could improve memecoin projects? Let's discuss in the comments! 👇