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Cryptocurrency News Articles

Solana Dominates Meme Coin Market – Peak Bullish

Nov 18, 2024 at 07:08 pm

The crypto meme floodgates are open, and Solana reigns supreme. It's the most popular blockchain in 2024, with 38.79% investor interest.

Solana Dominates Meme Coin Market – Peak Bullish

Solana is currently the most popular blockchain, with 38.79% investor interest. The top five decentralized applications (dApps) with the highest 24-hour fees are also on Solana.

Raydium recorded $11.31M in fees yesterday, and Solana's pump-fun (meme coin launchpad) recorded $1.65M in fees (seventh-highest day of earnings).

Pepe Unchained ($PEPU), a Pepe-infused meme coin, raised $35M during presale and is a month away from being listed (potentially on tier-1 exchanges like Binance).

Most importantly, $PEPU will launch its own Layer-2 (L2) meme launchpad like pump.fun. Rumors say Pump Pad will be easier to use and more rewarding than pump-fun.

Solana is also seeing a surge in meme coin interest, with several new coins being launched and quickly gaining traction. Some of the most popular Solana meme coins include SAMO, BONK, and ELON.

Overall, the total SOL meme coin market cap is up 6% in the last 24 hours and investor interest is skyrocketing. But how does an Ethereum L2 project like Pepe Unchained come into this?物語の続きを見る物語を隠す

News source:techreport.com

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