
defioasis.eth|Apr 14, 2025 05:07
For a Meme trading platform, it's better to have countless new listings for users to trade than to have a long-lasting and high-value market cap
Taking RFC, which has long surpassed a market value of $100 million, as an example, apart from Moonshot, almost no other Meme trading platform can surpass the daily trading volume on RFC on the first day of the token's birth. After the token is relatively mature and stable, users often choose to trade directly on DEX or DEX aggregator to avoid a 1% tax
The statement that outsiders enter the circle is not unfounded. With the growth of RFC's market value and longer lifespan, and most importantly, receiving orders from Musk, Moonshot gradually occupied the main trading volume of RFC on the Meme trading platform. The narrative of allowing outsiders to purchase Memecoin with credit card fiat currency does have a great demand scenario, and the key is to have an out of the circle narrative, relying on the attention of Trump and Musk
It is interesting that the two Eastern platforms, GMGN Ave, account for the majority of RFC daily trading volume, except for Moonshot. If Moonshot represents players from outside the industry, then when it comes to native players on the chain, we still have to look at the East and the West
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