Individuals who haven't issued tokens are quite optimistic about Backpack and Infinex. Both platforms have made significant investments. Hyperliquid is too strong; you can't find a competitor even with a telescope. Last year, when it launched, I discussed with @0xSunNFT that 3U was about right. Then it launched at over 3U, and I got slapped in the face. I withdrew my money but didn't dare to buy.
For Perps, Teacher Lu can also take a look at lighter. If it can become number two, it might also yield good returns. The key is that the cost of points is not high.
Meme Trading Terminal War on Solana
In terms of trading volume, Axiom has won for the time being, and the number of active users only accounts for 39% but it has won 73% of the trading volume dominance, becoming the leader of the bot platform, and other platforms are not bad and can still survive.
Feel a very direct example of Gmgn from January 25 peak daily earnings of 2.7M to the current daily average of 140k, other platforms trend is similar, this is not a single platform product problem, it is the entire meme market in the ebb and flow.
The exception to this is Axiom, which only started to catch fire in February, and it has been an incredible achievement in less than half a year.
There are many reasons for the downhill decline of other platforms, such as Trump draining liquidity and overdrawing the market, track competition to motivate competing products to mushroom, the pace of memes slowing down and not using bots, and the structure of the upstream and downstream markets is changing.
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