🚀 SOLANA 'DROWNING' MEMECOIN: MORE THAN 1.2 MILLION NEW TOKENS IN APRIL

🟢 April marks a record milestone for Solana with over 1.2 million memecoins created – averaging up to 55,000 tokens/day, according to Solscan.

🟢 The main driver comes from Pump.fun – a platform that allows anyone to create tokens without needing to know how to code.

🟢 According to VanEck, memecoins account for 35% of trading volume on Solana's DEX, and if stablecoins & SOL are excluded, this number jumps to 95%!

🟢 Since the beginning of the year, Solana has generated $414 million in fees, while Pump.fun has pocketed $296 million – memecoins are the 'new gold' on Solana!

➡️ Have you 'mined' any memes yet?

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➡️ Update on crypto market information at: Cashback.Exchange