365Crypto
On February 8, a tutorial demonstrated how to create a memecoin, using TST ($TST) as an example. What started as a simple guide quickly turned into a phenomenon, with the community taking it seriously and pushing its market cap into the millions. As demand surged, the token secured listings on exchanges.
This ignited a wave of developers launching their own memecoins on Four.Meme, drawing in retail investors.
Pump.Fun has been the driving force behind Solana’s growth over the past year, but Four.Meme is poised to bring serious competition to the memecoin market. In fact, it could even surpass Pump.Fun entirely, given that BNB is a more established chain backed by Binance—the owner of CoinMarketCap, the leading market capitalization portal.
The rise of memecoins on BNB has led to record highs in active wallets, while DEX trading volume has reached its highest levels since 2022.
Do we need more degen memecoins?
Not necessarily. But rather than concentrating them on a single chain, a broader distribution across multiple blockchains is a better approach.
