Between April 1 and mid-May 2024, more than 1 million tokens were created on various blockchains. Conor Grogan drew attention to the high activity of crypto projects.

According to the data provided, approximately 640,000 coins have been issued on the Solana network since the beginning of April, most of which are memcoins.

In a month and a half, 372,642 tokens were created in Ethereum, of which 88% work on the second-level Base network from Coinbase. Grogan noted that this figure is approximately twice the number of tokens on the Ethereum network created from 2015 to 2023.

So now you understand no make sense ask "Is this super promising low cap meme coin good or bad?"))) 

$SOL $ETH