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MEME Token launches new stars and leaps to become the industry leader, with multiple metrics surpassing established platforms.
The landscape of MEME Token launch platforms is changing, with new stars rising to become leaders.
Recently, the MEME token launch sector has welcomed a new transformation. After months of fierce competition and continuous optimization, an emerging platform has surpassed the industry’s established leaders in several key metrics, becoming the center of the next generation of token issuance.
New platform surpasses multiple data metrics of the established leader
The long-established platform that has dominated for a long time has recently been surpassed by this rising star in several important data dimensions, attracting widespread attention in the market.
According to the latest data, the market share of emerging platforms has reached 54.5% in the past 24 hours, surpassing the long-time leader (35.5%) for the first time and exceeding dozens of similar Token launch platforms.
In terms of trading volume, the emerging platform's total transaction volume reached $570 million in the past 24 hours, while the established platform's trading volume was $370 million. This gap indicates a clear shift in the flow of funds, suggesting that user activity and on-chain capital efficiency are increasingly leaning towards the new platform, and its capital-raising effect is gradually amplifying.
The main battlefield for on-chain coin creation is also shifting towards new platforms. According to on-chain data, on July 6 alone, the number of token issuances on new platforms reached as high as 16,797, while the established platforms had only 7,537 during the same period, a difference of more than double. Looking at the top 25 tokens launched in terms of market value in the past 24 hours, only 6 came from established platforms, while the remaining 19 were issued by new platforms, further proving their strong appeal to hot funds and community traffic.
What is even more noteworthy is that the new platform's Token "Graduation Rate" reaches 75.1%, more than three times that of the established platform (24.5%) and far higher than other competitors at 0.4%. This metric indicates that the new platform is not only attracting a large number of users to issue coins but is also building its own core ecological stickiness.
Despite being fully surpassed in market share and trading activity, the established platform still maintains an advantage in the number of active addresses. Data shows that on July 6, the number of active addresses on the established platform exceeded 94,000, significantly higher than the new platform (about 38,000) and other competitors (about 31,000). This also indicates that at this stage, the established platform still maintains a large user base and platform stickiness.
Capital, Consensus and Ecological Resonance, New Platform Becomes the On-Chain Focus
Today, the token launch platforms have shown a vibrant 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 the new platform has become the focus on-chain is not just a simple game of traffic, but a multi-dimensional game centered around token value, community recognition, platform transparency, and ecological innovation.
One of the key drivers behind the successful rise of the new platform is the star MEME coin USELESS within its ecosystem. According to data, as of July 7, the market capitalization of this ecosystem exceeded 500 million USD, with the leading USELESS accounting for over half of the share, and its Token market capitalization peaked at 320 million USD. In the past month, USELESS saw a maximum increase of more than 38.2 times, and this astonishing return rate greatly stimulated market funds and user participation enthusiasm. In terms of the number of holding addresses, there are currently over 20,000, with an average holding amount of about 13,000 USD, reflecting a strong sense of community recognition and trust. More importantly, in the past month, the number of USELESS holding addresses has shown a steady upward trend, in sync with the increase in market capitalization. This dual drive from both the funding side and community foundation further reinforces the explosive potential and market attention of USELESS and even the new platform in the short term.
The community activity and appeal of the new platform should not be overlooked. The founder has a strong personal influence; he is one of the key members of the MEME coin BONK and has received support from several important ecological forces. The founder continuously engages in high-frequency interactions on social media and within the community, actively responding to user feedback, sharing platform progress, and publicly purchasing MEME coins on the platform with his personal wallet, further enhancing the sense of community identity and participation enthusiasm. At the same time, some well-known crypto KOLs have injected strong trust endorsement into the platform.
Compared to similar projects, the new platform shows clear advantages in fee distribution and operational transparency. The platform charges a 1% fee on each transaction and explicitly allocates the revenue to token buybacks and burns, validator staking, reserves, ecosystem development, platform operations, and other areas. This mechanism not only creates a positive funding cycle but also discloses key operational data in real-time to the community through a public dashboard, such as revenue distribution, token issuance, and website traffic, greatly enhancing the sense of participation and trust within the community.
In addition to its mechanisms, the new platform has further strengthened its ecological vitality through a series of positive incentive measures. For example, the platform has launched multiple incentive programs to encourage innovative projects and outstanding developers to join; at the same time, rewards are offered to excellent projects, greatly stimulating innovation vitality and community participation within the ecosystem; recently, a hackathon competition was also launched to further promote ecological development.
Overall, in this intense on-chain battle, the new platform has successfully staged a remarkable comeback. However, the established platform still has a large active user base, and as more platforms join in the future, the competition will become even more fierce, and the landscape of the MEME ecosystem will become more diverse and complex.