Sachin
@mun
Will @Linea Become the Next Hub for MEMECOINS ? 🧵 Let's explore the early 1000x opportunity. First, let's understand where linea stands in the meme coin saga. SOLANA: Daily Volume: $6 Billion+ Daily Transaction Count: 20Million+ Top DEX (Raydium) Daily Volume: $4 Billion+ Linea: Daily Volume: $30 Million+ Daily Transaction Count: 40K to 50K Top DEX (Lynex) Daily Volume: $16 Million+ Note: Data only considers DEX transactions sourced from Dex Screener. Huge difference So, why is that ? To answer this, we need to understand the user onboarding processes for both chains: SOLANA Onboarding :- 1 - DeFi Airdrops ( @JupiterExchange @jito_sol @Parcl @bonk_inu etc.. ) 2- Memecoin Rush after @bonk_inu 3- Successful launchpad @pumpdotfun (Grinding/Degen mindset) Linea Onboarding for memes:- 1 - memecoin launchpad @ponddotfun 2- Organic users growth 4- Less Rug 3-Linea team supporting memecoin communities Spaces with memecoin projects
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Sachin
@mun
Now, let's dive into the main question :) Will Linea Become the Next SOL for Memecoins? Ofcourse because Linea is so early and shown so much growth recently Let’s understand Solana’s history for context :- In December 2022 - Solana’s daily volume was only $20 million, but then $BONK was born. The entire Solana ecosystem supported this meme coin, which gained attention as ETH was expensive and the market was bearish. So people saw opportunity in SOLANA memecoins. But the real fun began in January 2024 with the launch of @pumpdotfun :) which solved one of the biggest problems for meme coins—Rugpull Before PumpFun Launch :- SOLANA Daily Volume: Rarely touched $1 Billion After PumpFun Launch :- SOLANA Daily Volume: Consistently crossed $5 Billion+
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