A few days ago, the platform @sugardotmoney made a dazzling debut with some new designs. I initially invested a little and made a small profit, but I didn't continue to pay attention. It wasn't until I saw the data again in the past few days that I realized they seem to be slowly climbing to a leader position?
From a mechanistic perspective, the biggest feature of Sugar Money should be the pSOL mechanism. Simply put, it will no longer be stuck with micro liquidity; by locking funds with pSOL, the capital will no longer be locked up. It seems like a small step, but according to official statements, it appears that this could add several hundred million in liquidity each year, which is quite interesting. In addition to the mechanisms, I saw some interesting data on Dune: over 710 Tokens created in 24 hours, and the trading volume exceeded 4m. It seems to rank as the leader in activity, and these two figures also show some distance from the following competitors. If the ecosystem continues to gain momentum, Heaven/Light is highly likely to be drained again, with more liquidity being directed to Sugar, concentrating funds and becoming increasingly strong. Although it is currently impossible to defeat giants like PumpFun, it seems he is determined to take over the remaining market. Additionally, just after PumpFun abandoned Raydium, Raydium urgently needed to find new allies, and Sugar's rise perfectly filled this gap. Speaking of this, the trading volume, number of tokens issued, and the background of allies all make it highly promising. Assuming they know how to play, the wealth effect could happen very quickly. I haven't pinpointed it yet, but I think they are likely to emerge as a big leader? In short, just keep an eye on it and monitor it well, Sugar is very much anticipated! #CharmingPost Collab
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A few days ago, the platform @sugardotmoney made a dazzling debut with some new designs. I initially invested a little and made a small profit, but I didn't continue to pay attention. It wasn't until I saw the data again in the past few days that I realized they seem to be slowly climbing to a leader position?
From a mechanistic perspective, the biggest feature of Sugar Money should be the pSOL mechanism. Simply put, it will no longer be stuck with micro liquidity; by locking funds with pSOL, the capital will no longer be locked up. It seems like a small step, but according to official statements, it appears that this could add several hundred million in liquidity each year, which is quite interesting.
In addition to the mechanisms, I saw some interesting data on Dune: over 710 Tokens created in 24 hours, and the trading volume exceeded 4m. It seems to rank as the leader in activity, and these two figures also show some distance from the following competitors. If the ecosystem continues to gain momentum, Heaven/Light is highly likely to be drained again, with more liquidity being directed to Sugar, concentrating funds and becoming increasingly strong.
Although it is currently impossible to defeat giants like PumpFun, it seems he is determined to take over the remaining market. Additionally, just after PumpFun abandoned Raydium, Raydium urgently needed to find new allies, and Sugar's rise perfectly filled this gap.
Speaking of this, the trading volume, number of tokens issued, and the background of allies all make it highly promising. Assuming they know how to play, the wealth effect could happen very quickly. I haven't pinpointed it yet, but I think they are likely to emerge as a big leader? In short, just keep an eye on it and monitor it well, Sugar is very much anticipated!
#CharmingPost Collab