What's the deal with Solana & Memecoins?

By Invincible.bond | Invincible.bond | 9 Jan 2025


Believe it or not, solana has been skyrocketing in terms of use for memecoins lately -- which are mostly just rugs -- this doesn't seem to stop thousands of investors with thousands of dollars in their balances, ready to be thrown into some random token named "Grumpy"...

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This sort of use case seems to be the only thing fueling solana's ecosystem -- most of which had come after that one kid rugging his token live, on-stream. After that, for some odd reason, everyone had began to flock to pump.fun to try their luck -- most of which had led to imitators coming in with duplicate tokens, some of which had even succeeded in reaching 100k USD marketcaps!

Unbelieveable to be honest. 

That's all..

Cheers!

 

 

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