According to @MilkRoadDaily, 170k memecoins were launched on @base last week. In comparison, 185k tokens were launched on @pumpdotfun during the same period. This data indicates a high level of activity in the memecoin market, which traders should monitor for potential trading opportunities.

According to @MilkRoadDaily, 170,000 memecoins were launched on the Base platform last week, while 185,000 tokens were introduced on Pumpdotfun in the same period. This indicates a significant increase in memecoin activity across these platforms, suggesting a vibrant and growing market segment that traders should monitor closely for potential opportunities and volatility in token prices. Source: @MilkRoadDaily.

According to Crypto Rover, the daily number of new tokens launching on PumpFun is significantly declining, which reflects a growing fatigue among investors regarding liquidity extraction. This trend suggests a potential shift towards a focus on utility in the altcoin market, signaling a possible change in trading strategies for participants. Traders might consider redirecting attention to tokens with tangible utility as the market adapts to these changes.

According to Flood (@ThinkingUSD), while launching tokens and extracting value from retail investors may generally be seen as negative, the dynamics of a free market mean individuals are responsible for their investment choices. Flood emphasizes the lack of remorse for losses, highlighting the competitive nature of trading. Source: Twitter.

According to Bold (@boldleonidas), there is a noticeable pattern where the same group of insiders consistently obtains early information on major cryptocurrency tokens, allowing them to identify legitimate projects with certainty. This suggests a potential advantage in trading these tokens as these insiders might have access to critical pre-launch information that affects market dynamics.