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After the Solana Meme "Rush": Most callbacks exceed 70%, and liquidity bottlenecks have become the norm

May 14, 14:25
After the Solana Meme "Rush": Most callbacks exceed 70%, and liquidity bottlenecks have become the norm

1. Meme Performance on the SOL Chain Since the fourth quarter of last year, some memes have had difficulty breaking through specific market capitalization levels, such as $300 million and $1 billion.
2. Maintaining a high market capitalization is very difficult, and only a few memes currently have a market capitalization of more than $300 million.
3. Most memes have retreated 72% from their all-time highs, indicating that it is difficult to chase winners or highly liquid currencies.
4. Despite the difficulties, some memes have performed well, such as BOME and WIF.
5. The transaction volume on the SOL chain has risen, and multiple memes have been launched, indicating that the market is active, but it remains to be seen whether there will be projects that beat winners such as POPCAT or MYRO.

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