On August 7, according to GMGN data, the top five tokens by trading volume in the past 24 hours on the Solana chain were DeepSeekAI, BOSS, TROLL, SPARK, and MLP. Except for TROLL, all are newly listed meme tokens with low market capitalization and few token holders, which may pose significant risks.
On the Base chain, the top five trading volumes in the past 24 hours were almost all established projects, including ZORA, EURC, wstETH, SWIF, and VIRTUAL. Among them, SWIF has been online for less than 24 hours, and its low market capitalization may involve considerable risks, so caution is advised.
BlockBeats reminds users that MEME coins often lack practical use cases and have high price volatility, so investment should be approached with caution
