Top Memecoin Holder Trends: Ethereum and Base Leading, Solana Demonstrates Diversity
A recent report by Coin98Analytics has unveiled the number of token holders for various popular memecoins in the past week. Ethereum and Base memecoins have attracted a substantial number of holders, while Solana has showcased a wider array of memecoin varieties.
The top memecoins based on holder numbers are as follows:
1. $SHIB (Ethereum): 1.5 million holders
2. $DOG (Base): 1.1 million holders
3. $MEME (Ethereum): 840,000 holders
4. $DOGE (BSC): 825,000 holders
5. $DEGEN (Base): 778,000 holders
Furthermore, the ratio of buyers to sellers for certain memecoins in the last seven days has been noteworthy. FLOKI (Ethereum) and DOG (Base) are currently experiencing a higher volume of sellers compared to buyers, indicating potential shifts in the market.
Ethereum and Base memecoins have been particularly appealing to holders, showcasing strong engagement within these networks. Conversely, Solana’s standout feature lies in its diverse range of memecoins, underscoring its distinct market position.
These trends mirror the dynamic environment of the memecoin sphere, where holder participation and market dynamics can vary significantly among different platforms. The uptick in sellers for FLOKI and DOG hints at a possible phase of consolidation or profit-taking among investors.
Overall, the memecoin landscape is in a state of constant evolution, with Ethereum and Base networks leading in terms of holder counts, and Solana presenting a broad selection of memecoin options. As market conditions evolve, these insights offer a valuable snapshot of current trends and potential future developments in the memecoin realm.
Please note that the information provided is not intended as trading or investment advice. It is advisable to conduct thorough research before purchasing any cryptocurrency or investing in any services.
