Solana ecosystem has had a good year. This is thanks to the meme coin market cap, which has increased from $22 billion to more than $25 billion. The network has been able to surpass Ethereum’s DEX volumes, and this trend could continue for the next few months.
Solana coin memes are doing very well
Solana meme coin’s collective value is now over $22 billion. This makes them larger than the largest companies on Wall Street, including Super Micro Computers, Mobileye Holdings Affirm Holdings DraftKings and Walgreens Boots Alliance.
All these tokens have a lifespan of less than two year. Bonk, which is the oldest Solana coin meme, has a value of over $3.23 Billion. Dogwifhat has overtaken it as well, with a meme coin worth more than $3.4billion.
Popcat has seen its market capitalization soar to more than $1.7 billion. Peanut the Squirrel and Goatseus Maximus have also reached a value of $1 billion.
The Pump.fun platform, which allows users to create meme coins, has been a major success for Solana’s meme coin eco-system. The Pump.fun eco-system has been used to generate the majority of Solana’s meme coins. The Pump tokens now have a value of almost $8 billion.
The largest tokens are PNUT (Penny), GOAT (Goat), Moo Deng and Act The AI Prophecy.
The low transaction fees and superior speed of Solana’s blockchain are why developers prefer it to launch tokens. Solana processes over 2,000 transactions per second, compared with Ethereum’s less than 50.
Solana’s meme coins are a huge success. In the last month alone, Solana’s DEX network has handled coins valued at $70.3 billion. This is almost twice the amount of $35 billion handled by Ethereum in the same time period.
Keanu coin may be next in line.
Keanu is a new cryptocurrency that will launch on Tuesday.
Keanu, unlike most memes coins will not be having a token sales. It will instead have a “fair launch”, which allows tokens to be launched directly on the market.
The difference between Initial Coin Offerings and Token Sales is that the pre-mining of tokens and their sale are not done, and this can be a disadvantage to many investors.
Keanu is the basis for the Keanu Meme Coin. Keanu Reeves is the third most famous person in America. Keanu Reeves is a musician and actor who has worked in the entertainment industry for more than four decades. He has appeared in movies such as Street Kings, Man of Tai Chi and Constantine.
This token was inspired by other celebrity themed tokens such as Mother Iggy which is worth $70 million, and Daddy Tate. The popularity and name recognition of Solana meme coin could make Keanu the next big thing for the crypto market. Here you can find out more information about the Keanu coin.
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