Under the trend of compliance, Meme coins are entering a new development stage. 🔥

The logic behind this wave of movement is worth dissecting—some leading exchanges are no longer mere spectators but are directly participating. From foundations heavily investing in Meme projects to building compliant Meme trading ecosystems, this move by exchanges has gone beyond simple investment, becoming a direct endorsement of the entire sector.

In the crypto world, what does the platform of a leading exchange signify? Traffic, capital, and compliance—triple support layered together. Take the "114514" in the Solana ecosystem as an example—achieving 6800x returns in 11 days. The core secret behind this is riding the wave of platform support and community enthusiasm. Compared to VC projects that slowly release returns, this kind of wealth effect is indeed more direct and exciting.

Looking at the current market situation: VC projects generally adopt a low circulation, high unlock model, making retail investors passive recipients. The MC/FDV ratio repeatedly hits new lows, and market confidence is waning. In contrast, Meme coins with full circulation, an MC/FDV ratio close to 1, no hidden sell pressure, and simple, straightforward narratives that spread quickly, are easier for retail investors to get started with.

This move by exchanges seems bold but is actually very precise—rather than watching the market fluctuate wildly, it’s better to actively control the ecosystem’s rhythm. Using Meme’s high liquidity and emotional explosiveness to reward the platform is a signal that the industry is moving from "regulatory arbitrage" toward "compliance and win-win."

For ordinary participants, the message is clear: giants are betting on the Meme track, and leveraged Meme ETFs are beginning to penetrate traditional finance. This $50 billion market’s ceiling is still rising.

That said, high returns inevitably come with high risks. Meme coin holdings are concentrated, and volatility is large; sudden surges and crashes can happen at any time. The tragedy of Trump coin being cut in half from its peak is right in front of us. This article is only an analysis of the market and does not constitute any project recommendation. Participation must be approached with caution.