Kunal Chopra

@batman007

74 Following

6 Followers

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There are so many protocols working on every part of the value chain. Some memecoins are launched as testing grounds for protocols, while others serve as marketing tools. Some are creating communities with financial incentives around memes - "Hyperfinancialization of memes" - while others are launching just for rug pulls. Whatever the case, memecoins have become an integral part of crypto, and they are here to stay. It's interesting to see how this memecoin ecosystem will evolve in the next few quarters. P.S. Whenever I'm bored, I just go to http://BullX.io and check which memecoins are in the "About to graduate" category. Throw in some pocket change for fun. It's like a quick round of crypto poker. LOL 🤣🤣

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HATE IT OR LOVE IT - MEMECOINS ARE HERE TO STAY Some facts: 1. Anybody can launch a memecoin today in 5 seconds using http://pump.fun. http://Pump.fun has crossed ETH daily revenue twice now. 2. Protocols are innovating the onboarding process for launching memecoins - http://makenow.meme is enabling users to launch a memecoin via Twitter (using Blinks on Solana). 3. http://Bullx.io is solving the UX challenges of memecoins created on http://pump.fun. 4. Moonshot has launched the "Robinhood of memecoins" on App Store in 130+ countries. 5. http://Dumpy.fun is bringing the securities lending concept to memecoins and enabling short selling of memes. 6. Protocols like Swaye are also tinkering with prediction markets for memecoins.

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Why has #arbitrum disproportionate amount of market share?

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On which metric?

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