And the trend continues
Another 3 month high in memecoin trading leads to another 3 month high in REV of $8.3m

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Written by: David, TechFlow TechFlow You might not listen to podcasts, but you've definitely seen this image. In 2018, the image of Elon Musk holding a cigarette, surrounded by smoke, went viral, becoming one of his most iconic moments. However, few people know where this scene took place, and few care about the person on the other side...

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Original Odaily(@OdailyChina)
Author/ Wenser (@wenser2010)
As a "barometer" of the cryptocurrency market, Strategy&'s stock price has always been a major driver of market sentiment, with its performance closely linked to key factors such as cash flow stability and index position. Recent news indicates that from December 15th to 21st, Strategy& raised $748 million through the sale of common stock, increasing its cash reserves to $2.19 billion, and has suspended Bitcoin purchases; currently, the company holds...

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The Meteora Pools Program share of REV generated jumped to 21.5% of yesterday's total, up from 20% the day before 

Interestingly Meteora is not dominating memecoin volume, which suggests there may be overpaying for transactions here 

And that is very much the case 🤯🤯🤯
1. back to back reverted pool deployments for a grand total of ~~$27.6k~~ in transaction fees
- 3YvetRoYQtu2kymtKzTzCBfsGeKBryPpMPsYSkHJsVtzFMBrNRHkuemCrrvFwu7XG5mKexDvsozkdjtwemZ3882R
-

2. $18k SOL&lt;&gt;memcoin swap for a $8.6k transaction fee
https://solscan.io/tx/3AhnxatwbeDZPrx53dVrVvgH7sGzqGsKCiBMUWNZfJHBCHgmzrYKELLzxzu1pgq7Laa2a9cik9hGF93GNRjrKhSY

3. A misconfigured swap transaction leads to a revert but costs $5.1k
https://solscan.io/tx/4E6QdHLqoRKwTeor1Qydbd51KvZP3WA3CUP6kG7pmD6MHdF4QpDa9Nvwy5UzhzwKN5Ws2ZqS9YXHfzMBTA2Twvar

4. A memecoin trade using the Bloom telegram runs one user $4.4k
https://solscan.io/tx/4Hb6nxPqJgJssytV3Mh2dZfAw19oEZuGmdbPd2hDsyJPEic1wqCMkeUcp5LoygLMByLeyizuRm7dpVxFSzwUr4k3

5. Another memecoin trade with a $4k transaction fee
oh and a $4.9k tip to nextblock...
https://solscan.io/tx/4Ysp1nurS91LvQrukZ58q7UdtZanpV4HENkREqmMM2CddEwKCKaGV7ZxmPUUYQJeSwfgehx4Wz34u4QAcCmQEcJ9