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Does anyone remember $YEE on ETH? In the second half of the year, the focus of on-chain meme#memecoins market has been on BSC and SOL. I almost forgot there were also Ponzi schemes on ETH. I hadn't checked GMGN's E-chain for months, and today I saw #YEE has another 15 million. This Ponzi scheme is really amazing. The previous round of Ethereum On-Chain meme have all disappeared, especially those related to MATT Furie. This one is still alive. It has been shaken out at least three or four times in the past six months but it just won't die. ATH keeps going higher and higher. In the last month or so, it has risen 10 times from a bottom of more than 1 million. Unfortunately, I was shaken out in May. @YeeErc20's consistency has truly surprised me. With the support of the communities behind $shib and $neiro, it does seem to be a bit of a faith-based investment scheme. Damn, the E-chain's "local on-chain meme"(stocks on the E-chain) are still not to be underestimated. The big players on the noble chains are all very powerful. Large-capital players either don't play anything, or they play big, and the cycles are extremely long. $PEPE and $SHIB were both created on Ethereum. If a truly epic "large MC memecoin" ( stock) emerges, we might have to look to the E-chain.

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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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