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Record-Breaking April for Meme Coins: Unprecedented Listings Surge in the Crypto Market

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  • The cryptocurrency market witnessed a record-breaking number of new meme coins launched in April, according to on-chain analysis platform Crypto Koryo.
  • Within a span of just one month, 138 new meme coins were introduced to the market, a stark contrast to the 18 meme coins produced in April of the previous year.
  • The surge in meme coin production is largely attributed to investors’ desire for quick, high-risk returns, with Solana (SOL) and Base blockchains becoming the preferred platforms for meme coin creation.

In April, a record-breaking number of meme coins were launched in the cryptocurrency market. This article explores this surge and the factors contributing to it.

Record-Breaking Meme Coin Production

According to data from on-chain analysis platform Crypto Koryo, the cryptocurrency market saw a record-breaking num... Read the full article for FREE at COINOTAG!

13d ago
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bearish:

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