2024 Meme Track Analysis: From Viral Spread to Core Ecological Development

This article provides an in-depth analysis of the current status and development characteristics of the Meme sector in 2024, covering various aspects such as the popularity trends of Meme coins, the rise of platforms, dissemination methods, and market strategies.

Main Findings

1. The meme coin craze is cyclical, particularly prominent at the beginning of the year and in the second quarter. Its spread pattern is similar to that of an infectious disease, achieving exponential growth through social media and communities.

2. Memecoin Launchpads have become an important innovation in this round. Platforms like Pump.fun and SunPump have simplified the creation and trading process of Meme coins, attracting a large number of users. Each platform has its own characteristics in terms of user base, revenue, and ecological support.

3. Memes are seen as pioneers in the development of various blockchain ecosystems, attracting market attention and funds to promote subsequent ecological construction.

4. The investment strategy mainly focuses on leading coins, trading volume, and market sentiment.

Meme Platform Analysis

1. User positioning: Early platforms like Pump.fun primarily targeted Western users, while SunPump is more popular in the Asian region.

2. Platform Revenue: As of the end of August, SunPump has a daily income of approximately 567K, issuing about 7,500 Memecoins daily. Pump.fun issues about 7,000 daily. Both platforms charge a 1% transaction fee.

3. Ecological Integration: Pump.fun integrates multiple public chains, including Sol, Base, and Blast. SunPump primarily operates on the TRON blockchain, relying on its payment system and exchange infrastructure.

4. Other platforms: Memehub.ai focuses on the AI field, wonton.fun serves the TON chain, and Satspumpfun targets the BTC ecosystem.

SunPump Case Study

SunPump, as a Meme launch platform on the TRON chain, is an important part of its ecosystem. Its advantages include:

1. A professional team's deep understanding of the Meme market
2. The TRON platform has strong liquidity support
3. Strong community support from Asia

Meme Ecosystem and Liquidity

1. Memes are seen as the "stronghold" of ecological development, paving the way for subsequent infrastructure by attracting funding.

2. The high volatility and low entry barrier of meme coins have attracted a large number of retail investors.

3. Multiple public chains and projects will use Meme as a liquidity pioneer, such as $Foxy on the Linea chain and $Degen on the Base chain.

2024 Meme Project Types

1. Dealer Coins: Such as BOME, SLERF, etc., characterized by large pools and fast market manipulation.
2. Hot event tokens: such as GME, BODEN, etc., related to current hot events.
3. Community Tokens: Such as POPCAT, MICHI, etc., rely on community atmosphere.
4. Celebrity Coins: Such as MOTHER, RNT, etc., promoted by well-known individuals.
5. Others: For example, WEN, BONK, etc., supported by legitimate teams.

Future Outlook

1. The Shanzhai Index is at a historical bottom, indicating that Memes may welcome a new round of growth.
2. Official participation has increased, and consensus in the Meme track has been formed.
3. More Meme foundations and support programs are expected to emerge.
4. VC investors are starting to pay attention to Meme infrastructure.
5. The Meme gameplay will become more professional and transparent.
6. Meme-based secondary products may face development opportunities.
7. A loose liquidity environment is conducive to the development of the Meme coin market.