Recently, I've seen some bloggers I follow discussing Sugar @sugardotmoney, so I got curious and did some research. Since its emergence, many platforms have appeared. Everyone tends to make various micro-innovations in their mechanisms, but personally, I prefer to look at the growth of on-chain data. The on-chain data for Sugar is quite interesting. Since its launch: ➣ The number of tokens launched by Sugar has consistently ranked in the top three. ➣ The daily trading volume on the platform has remained above a million (in contrast, the neighboring platform Heaven has dropped from tens of millions to hundreds of thousands). ➣ The market share, excluding pumps, has consistently stayed in the top three. In the currently quiet Meme market, maintaining such data is quite a feat. At the very least, it shows that the project team has put effort into both mechanism innovation and maintaining market enthusiasm. If the project team continues to push forward in the ecosystem, it’s...
Last time, Cooking City BDC exploded 2200 times in 90 minutes, and it was a similar sign before the group friends mentioned YU7, and the familiar feeling is back SugarMoney is likely to have a super high multiple Cabal CA in the near future for three reasons: - The rules are extremely conducive to Dev, and the 1:1 exchange mechanism between pSOL and SOL is a market of $500 million per year, so there is enough room for narrative speculation - In the absence of leading tokens, the popularity of 7D Twitter has been rising, surpassing many old platforms, which is very obvious to pave the way for Twitter searches after the high-power CA is out of the circle - The market share of SOL platform has risen secretly, and although there is no meme out of the circle, the number of graduation tokens has increased significantly every day, which is very similar to the feeling before Bonk pulled up The specific principles can be read in the white paper by yourself, and it is not worth expanding...
5.07K
19
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.