Meme Launchpad Market Dynamics Analysis

Since the beginning of July, the competition among meme token launch platforms has lasted for more than a month. During this period, we have witnessed some platforms completing one of the largest crowdfunding campaigns in cryptocurrency history, as well as others successfully capturing market share. Meanwhile, some new players have also joined this competition, and although they have not made a significant impact in the short term, they are still worth our attention.

Let's start analyzing the latest data from Jupiter.

Despite the fact that a certain platform has maintained its position at the top of the market share chart over the past 7 days, it is currently showing a completely different development direction compared to another major competitor's ecosystem hotspot.

Major Platform A: Ecological Currency Performance is Impressive

After accepting a live interview on July 24, the platform and its founder entered a silence period lasting nearly half a month. At that time, many believed that the live broadcast was a public relations disaster, as it profoundly affected the platform's token price, causing its market value to fall below $3 billion at one point.

However, the gap in market share between the platform and its main competitors has not significantly narrowed from that time until now. However, starting from July 30, the platform's reputation has improved noticeably.

The reason is simple - the community tokens within the platform's ecosystem have performed well amid overall market instability. Several ecological tokens have seen significant increases since July 25, with some even rising by 9 times, reaching a market capitalization of over 100 million dollars. Other tokens have also experienced increases ranging from 2 to 5 times, with market capitalizations reaching tens of millions of dollars.

These emerging tokens maintain a high level of content output and community activity even during the platform's lowest points, aligning with the platform's expectations for the long-term sustainable development of Meme tokens.

The platform's officials have recently started to fight back, releasing a dashboard for token buyback data and updating the official Twitter cover photo to promote the Meme tokens within the ecosystem once again. Interestingly, the Meme tokens purchased by the platform's founder after the live broadcast have now all turned a profit, and the gains are quite substantial.

For the meme token market to recover, it is essential to rebuild players' confidence in meme tokens. Good narratives, content, community, and ongoing operations will ultimately allow a meme token to stand out. While continuous observation is still needed, it currently seems like a good start.

Next, the platform has many potential strategies to implement, such as airdrops and live broadcasts. With major exchanges almost no longer listing new Meme tokens, the platform must explore more possibilities.

Major Platform B: New Coin Home Faces Short-Term Bottleneck

Over the past 7 days, the platform's market share has remained above 50%, continuing to maintain its leading position. However, large token projects on the platform have recently experienced a pullback. The market capitalization of several major tokens has significantly declined from their peak.

Despite the poor performance of relevant assets, the platform's buyback and support for ecological Meme tokens have not ceased. Rather than saying that the competition between the two major platforms continues, it is more accurate to say that they are both striving in their own ways. Only when the overall confidence in the Meme token market is restored can both have a better future.

Emerging Platforms: Innovative Attempts

Some emerging platforms are also trying innovative ways to attract users.

A certain platform has recently attracted attention due to its "donation narrative." A token project has donated 100% of its transaction fee revenue to a well-known charity organization, and has so far contributed $35,000. Another notable token project has directly allocated its revenue to the official Twitter account of a well-known software, which has drawn a response from the software's official account.

Another platform has launched an AI protocol jointly developed by several well-known companies, which can automatically tokenize internet culture and viral memes. In short, this protocol uses AI to identify popular memes on a social platform and automatically issues tokens, equivalent to "automatically launching carefully selected hot projects."

However, for these new models to truly succeed, they must overcome numerous challenges, such as how to attract sufficient liquidity and how to achieve sustainable development.

Conclusion

The competition between Meme launchpads will continue for the foreseeable future. All platforms face a common challenge - how to reignite market interest and confidence in Meme tokens.

In the context where there seems to be little interest in new Meme tokens on large centralized exchanges, can on-chain provide better infrastructure and liquidity to allow Meme tokens to rise again?

Rather than calling this a "war", it is more accurate to say it is a test that all Meme token launch platforms are facing together. After all, the lessons from the inscription market are right in front of us — despite the increasingly sophisticated inscription tools, the craze for inscriptions has already passed.

I hope that the ultimate beneficiaries are the entire Meme token market and all the cryptocurrency enthusiasts who still love Meme tokens.