The Battle for Meme Token Launch Platforms: A Month Later Analysis

Since the beginning of July, the competition among Meme Token launch platforms has lasted for more than a month. During this time, we have witnessed an unprecedented scale of token initial offerings and fierce competition for market share. Although new participants have joined the battle, there has not been much upheaval in the short term. Let's review the current situation.

Major Platform Dynamics

First platform: PVE market return?

The platform has remained relatively low-profile over the past half month. However, since July 30, the community tokens within its ecosystem have performed exceptionally well, leading to a noticeable improvement in the overall reputation of the platform.

Multiple ecological Tokens have seen significant gains:

• $TROLL: Up nearly 9 times, market cap exceeds 100 million dollars
• $Tokabu: increased by about 5 times, with a market cap exceeding 35 million USD at one point.
• $USDUC: Up 2 times, market value close to 40 million USD
• $CHILLHOUSE and $neet: similar price increase, with market capitalizations reaching approximately 30 million and 18 million US dollars respectively.

These emerging tokens remain highly active even during the platform's lowest point, aligning with the platform's expectations for the long-term sustainable development of Meme tokens.

The platform recently announced the token buyback data, showing that it repurchased platform tokens worth approximately 8740 SOL in 6 days, equivalent to 102% of the income during the same period.

In the future, the platform has several plans to implement, such as airdrops and live events. In the case of major exchanges reducing the listing of Solana ecosystem Meme Tokens, the platform needs to explore more possibilities to remain competitive.

Second platform: New Coin Home faces short-term bottlenecks

The platform has still accounted for over 50% of the market share in the past 7 days, maintaining its leading position. However, the main tokens on the platform have recently experienced a pullback:

• $USELESS: Dropped from a high of $400 million to around $200 million
• $Memecoin: fell from nearly 60 million dollars to around 11 million dollars
• $Bluechip: dropped from a high of $17 million to $1.5 million
• $Ani: Dropped from a high of 86 million dollars to about 30 million dollars

The platform's own Token has also experienced varying degrees of decline.

Nevertheless, the platform continues to carry out Token buybacks and supports Meme Tokens within its ecosystem. The restoration of confidence in the entire Meme Token market will be key, which will benefit the future development of major platforms.

Other Participants

Bags: Innovative Donation Model

The platform that has recently drawn attention is its "donation narrative". For example, the $CANCER Token donates 100% of transaction fees to a well-known breast cancer charity, having donated a total of $35,000 so far.

Another striking case is the $WINRAR Token, which directly allocates income to the official account of the compression software WinRAR, prompting a response from WinRAR's official team.

However, the popularity of these innovative projects seems to come and go quickly, and most have currently fallen back to a low point.

Moonit: AI-driven automatic Tokenization

Moonit has launched an AI protocol jointly developed by several well-known institutions, which can automatically convert internet culture and popular Memes into Tokens. The protocol identifies popular Memes through AI and automatically issues Tokens, equivalent to "automatically launching a carefully selected hot disk".

However, this model faces some challenges:

1. Technical advantages do not equate to market liquidity.
2. How to achieve sustainable development and convert social media users into Token holders

Currently, Moonit's new features have not produced any significant leading Token.

Conclusion

The competition among Meme Token launch platforms will continue. The common challenge facing each platform is how to revive market interest and confidence in Meme Tokens. With mainstream exchanges reducing the launch of new Meme Tokens, improvements in on-chain infrastructure and liquidity will become key.

This "war" is actually a test faced by all Meme Token launch platforms. The lessons from the inscription market remind us that, despite the increasing sophistication of technological tools, market enthusiasm may be difficult to sustain.

We hope that this competition will ultimately benefit the entire Meme Token market, allowing all participants who still love Meme Tokens to gain from it.