Recently, there's been excitement in the Solana ecosystem, mainly due to the impressive rise of memecoins. We've seen the likes of BOME, SNAP, and today, SLERF is performing well. There have been promising announcements regarding cex adoption, with platforms like Bitget, MEXC, and OKX all joining in. SLERF has already achieved a market capitalization of 400 million in just a few hours. The hype is crazy. Are you holding any?
This is been used so much by those token creators since those people is avoiding using ETH due to high fees so Solana is perfect blockchain for them since it can make all what they like to do became so smooth and we can add up that there's also a lot of SOL supporter that will ride the current fame of meme coin craze which is starting to happen again.
But eventhough I'm seeing a good performance with those meme coins in the market still I'm not convince that they could able to stay for more longer years since usually we can see a price dump especially when the dev is ready to abandon there project.