amount of meme coins launched on solana and more recently on xrp ledger, many of these memes have found their way on to different CEX’s, the volume of some of these memes is just mental. Is it good or bad for crypto? Probably bad but as long as there are projects like this and there is enough people to buy them it will continue. So CEX’s will continue imo
Memecoins have one job. Pnd. There is no cost for them other than giving the exchanges the tokens and then dumping more tokens to pay the fees.
Are you serious? Most meme coins launch on Jupiter, not a CEX
Top 5 meme coins on solana are all listed on various CEX’s
Sure, but *all* of them launch on Jupiter whereas only a few of them are on a CEX
Ok so we are saying the same thing then 👍🏻
Which brings us back to DEX being the superior option to a CEX
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