MemeCoin Review: Competition between Solana, Ethereum and Base

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MarsBit
10-17
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Recently, @truth_terminal and $GOAT ignited the combination of AI and MemeCoin. I have summarized some interesting data on MemeCoin with a market capitalization of over $20 million on @CoinMarketCap.

This time, a total of 127 MemeCoin were counted, of which 8 exceeded $1 billion. @solana became the most popular chain for MemeCoin, with 38.6% deployed on @solana, 32.3% on @ethereum, and 9.5% on @base.

AI and MemeCoin

MemeCoin issued within 6 months, @solana is as high as 46.8%, @ethereum 21.3%, @BNBChain 8.5%, and @base 6.4%.

From the perspective of the launch platform, the vast majority of MemeCoin adopt the method of directly adding a pool in Dex to start. The "bonding curve to raise initial liquidity" + "Dex to provide initial liquidity" (commonly known as Dex add pool) of http://pump.fun becomes the second-ranked MemeCoin launch method.

@farcaster_xyz ecology "Social - Airdrop" + "Dex add pool" and Bitcoin ecology "fair mint" closely follow.

Interestingly, the @solana ecology has issued 22 MemeCoin with a market capitalization of over $20 million in the past 6 months. Among them, 15 MemeCoin used http://pump.fun for launch, accounting for as high as 68.2%.

Although http://pump.fun maintains the "Dex add pool" method of launching MemeCoin for the top 3 chains, @ethereum still retains this method, @solana chose the "bonding curve to raise initial liquidity" + "Dex add pool" of http://pump.fun, and @base maintains a relatively high proportion of both "Dex add pool" and "Social - Airdrop" + "Dex add pool".

If we look at the entire market from the perspective of MemeCoin distribution, the launch method of MemeCoin presents the following development trend:

AI and MemeCoin

@solana chose to optimize the launch method from the perspective of liquidity, while the EVM-based @base brought the community "social Airdrop" to the launch of MemeCoin.

The future launch method of MemeCoin?

@truth_terminal and $GOAT ignited the combination of AI and MemeCoin, also showing the potential of AI-generated content + Twitter-based dissemination. More importantly, the OPUS LLM behind @truth_terminal is trained on social data from websites like Reddit and 4chan, which is a kind of encrypted collective intelligence (social networks generate a large amount of data, AI processes it, and "Cults" of collective intelligence emerge? Hive mind? Collective emergence?).

AI and MemeCoin

Two OPUS AI instances gave birth to the "Goatse Gospel" and $GOAT, which Andy and @truth_terminal spread through Twitter. The former AI helped construct the narrative of Meme, and the latter AI assisted in producing and disseminating content for Meme. MemeCoin and AI have become tools for the viral growth of Meme.

In the future, will any group be able to have its own large language model AI, where group members can converse with the AI and spread their "Cult" through Twitter? MemeCoin will be distributed to content creators (posting content in the community), curators (interacting with community content), and contributors who curate the content posted by the AI Twitter. At that time, will there be new MemeCoin launch methods? We'll have to wait and see.

AI and MemeCoin

In this new field, on the @base chain, I've seen http://tiptag.social, http://trendies.tech, and http://beliefs.social doing some interesting things. They combine "Social Distribution" with "bonding curve to raise initial liquidity" and "Dex add pool", creating better tools for the launch of MemeCoin.

Disclosure: http://tiptag.social is a social fair launch and trading platform that the author has contributed to.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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