How long do you think this hype around memecoins, especially Solana memecoins , will last ?
Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
Since the beginning of the year, we've been getting so many projects from Solana and a lot of them have been doing so well, or at least benefitted a lot of people.
TRUMP, Fartcoin, WIF comes to mind, and there are already new ones like UFD (Unicorn Fart Dust for those that are not familiar) looking to do something similar. But do you think we've reached the end of the pump, or would this continue for a while?
As long as the meme coin trend is alive, i think the Solana meme coins will do good. This also means that over time, the price of Solana will keep on increasing as people would need to buy Solana first in order to buy these meme coins from the dex. I think the SOL chain will lead the meme tokens as we saw that Trump also launched his meme on SOL.
Also in the recent few months we have seen that there is sometimes the trend of AI, sometimes DEFI, other times Layer 2 protocol and at some point gaming tokens but meme coins are always trending.
