📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
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📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
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The issuance pattern of MEME Token is changing, with new platforms surpassing several metrics of established leaders.
MEME token issuance platform competitive landscape changes, emerging platforms lead in multiple metrics
The competitive landscape of MEME token issuance is undergoing significant changes. After months of fierce competition and continuous optimization, an emerging platform has surpassed established leaders in several key metrics, becoming the new center of token issuance traffic.
Emerging platforms surpass established platforms in multiple metrics
Recently, an emerging MEME token issuance platform has surpassed the long-dominant established platforms in multiple key data dimensions, attracting widespread market attention.
According to the latest data, in the past 24 hours, the market share of emerging platforms has reached 54.5%, surpassing the established platforms' 35.5% for the first time and exceeding dozens of similar platforms.
In terms of trading volume, the total transaction amount of emerging platforms reached $570 million in the past 24 hours, while the trading volume of established platforms was $370 million. This gap indicates a significant shift in the flow of funds, suggesting that user activity and on-chain capital efficiency are tilting towards emerging platforms.
The main battleground for on-chain coin creation is also shifting towards emerging platforms. On-chain data shows that on July 6 alone, the number of token issuances on emerging platforms reached 16,797, while the number on established platforms was only 7,537, a difference of more than double. Among the top 25 tokens by market capitalization launched in the past 24 hours, only 6 come from established platforms, while the remaining 19 were launched by emerging platforms.
It is worth noting that the token "graduation rate" of emerging platforms reaches 75.1%, which is more than three times that of established platforms (24.5%). This indicator shows that emerging platforms are not only attracting a large number of users to issue tokens but are also building their own core ecological stickiness.
However, in terms of the number of active addresses, established platforms still hold an advantage. Data shows that on July 6, the number of active addresses for established platforms exceeded 94,000, significantly higher than emerging platforms (approximately 38,000). This also indicates that at this stage, established platforms still maintain a large user base and platform stickiness.
Capital, Consensus, and Ecological Resonance Drive the Rise of Emerging Platforms
Nowadays, token issuance platforms have shown a diverse competitive landscape, with more and more platforms joining this battle for narrative and consensus. However, most platforms are still in the early exploration stage and have not yet formed a sustainable attractive funding loop and community consensus.
The reason emerging platforms have become the focus on the chain is not just a simple traffic game, but a multidimensional game centered around Token value, community recognition, platform transparency, and ecological innovation.
One of the core drivers behind the successful rise of the platform is the star MEME coin within its ecosystem. Data shows that as of July 7, the ecosystem's market value exceeded 500 million USD, with the leading token accounting for more than half of the share, reaching a market value of up to 320 million USD. In the past month, this token has seen a maximum increase of over 38.2 times, greatly stimulating market funds and user participation enthusiasm. In terms of the number of holding addresses, it has now exceeded 20,000, with an average holding amount of approximately 13,000 USD, reflecting a strong sense of community recognition and trust.
The community activity and appeal of emerging platforms should not be overlooked. The platform's founder has a strong personal influence and has received support from multiple important ecological forces. The founder continuously interacts frequently on social media and in the community, not only actively responding to user feedback and sharing platform progress but also publicly using a personal wallet to purchase MEME coins on the platform, further enhancing the community's sense of identity and enthusiasm for participation.
Compared to similar projects, the emerging platform demonstrates significant advantages in fee allocation and operational transparency. The platform charges a 1% fee on each transaction and clearly allocates the revenue to token buyback and burn, validator staking, reserves, ecological development, platform operations, etc., forming a positive financial cycle. At the same time, the platform discloses key operational data to the community in real-time through a public dashboard, greatly enhancing the community's sense of participation and trust.
Outside of the mechanism, emerging platforms further consolidate their ecological vitality through a series of positive incentive measures. For example, they launch incentive programs to encourage innovative projects and outstanding developers to settle in, provide rewards for excellent projects, and hold hackathon competitions.
Overall, in this intense on-chain battle, the emerging platform has successfully made a remarkable comeback. However, the established platforms still have a large active user base, and in the future, as more platforms join in, the competition will become increasingly fierce, and the MEME ecosystem will become more diverse and complex.