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Cryptanlvl1

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📊 How strong are memes

Influencer Alex Wacy analyzed the recovery of memcoins on different networks after the August 5 drop.

🔳 Solana:
Solana has done well for memcoins compared to other blockchains, with over a thousand new coins released daily.

Average recovery rate: 120%

✨ Ethereum:
Ethereum memcoins are also showing growth, albeit at a slower pace compared to Solana.
The recent NEIRO stands out among the memcoins on this network.

Average recovery percentage: 85%

🔵 Base:
Shitcoins on Base have shown an excellent recovery of 150% on average after a drop.
This suggests that it is too early to discount this blockchain and there is an opportunity to capitalize on the memcoins in it.

Average recovery percentage: 154%

🐕 OG memcoins:
Older memcoins show the weakest recovery compared to others. Their large market capitalization prevents them from rising significantly, even after a sharp collapse. Holders of these coins should settle for modest growth.

Average recovery percentage: 37%

Overall, the statistics are good, but only the SOL network for finding tokens is worth attention. There are not so many on ETH and they are less popular, Base has a small number of normal memcoins, but SOL has a large sample and most of the liquidity is there. But Base is a great prospect for new tokens.

What tokens are you holding? 👇
4 months ago

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