Popular meme coins on the Solana chain exchange quite quickly, taking turns to make the rankings. The newly launched SWIF on the Base chain has become a new favorite, jumping into the top five. The established TROLL is relatively stable, not fluctuating much like an old dog. However, those low market cap new coins should be approached with caution, as they may have pitfalls.
Recently on the Solana chain, apart from the established TROLL holding the fort, the other popular coins are all new ones, like DeepSeekAI and BOSS. These new coins have low market caps and few users, posing particularly high risks. On the Base chain, the newly launched SWIF shot up to the top five, but its market cap is too small, so the price might fluctuate significantly. In comparison, established brands like ZORA and wstETH tend to be more stable. In short, be careful when playing with these new coins, so you don’t get chopped like chives!