2025-12-26 19:25:10

Is the Solana-based meme coin ecosystem still alive?

Looking at the complete data for December, honestly, it's a bit heartbreaking. This month, a total of 500,463 new tokens were launched on the Solana chain. It sounds like a lot, but only 3,003 successfully graduated, with a success rate of just 0.6%. From another perspective—averaging daily data—19250 new tokens are born each day, but the average daily graduation is only 115.

What’s even more heartbreaking is that currently, only one token with a market cap above $1M remains, which is $SNOWBALL, maintaining a market cap of around $3M. Comparing this to the over 5 million tokens launched, what does it tell us? Most projects are doomed from the moment they are born.

Numbers speak for themselves. Although the Solana meme coin market seems lively, with a large number of new projects launching every day, the actual survival rate, profitability, and long-term value retention... these indicators tell a real story.

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POAPlectionist

· 2025-12-29 09:18

0.6% success rate... This is the truth about the local dogs. Over 20,000 new coins are dumped every day, only about a hundred survive, it's really incredible. Only snowball remains steady at 1M, what about the others? Either zero out or become trash heaps. These numbers are really heartbreaking. Looking at the excitement, it's actually all a game of harvesting leeks, and participants are still dreaming of getting rich.

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GateUser-9f682d4c

· 2025-12-27 20:55

0.6% success rate... is a true reflection of the sh*tcoin market. This data leaves me a bit breathless. Nearly 20,000 new coins are dumped daily, and only about a hundred survive. Honestly, it's a matter of probability. By the way, is $SNOWBALL still holding up so well? I thought it was already dead before.

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NotGonnaMakeIt

· 2025-12-26 19:55

0.6% success rate... Laughs, that's why I don't touch shitcoins The secondary market isn't a casino, yet people insist on playing such a life-or-death game 19,000 new coins are born every day, with only 115 graduating daily... What does this data indicate? It shows that most people are losing money Only snowball remains alive? Haha, that's so ironic. The real profit-makers are a small minority

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ForkItAll

· 2025-12-26 19:54

0.6% success rate... This is the truth of the sh*tcoin market. Out of 19,000 newborns each day, only a little over a hundred survive, everyone else gets wiped out.

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GasDevourer

· 2025-12-26 19:50

A 0.6% success rate—that's the reality, isn't it heartbreaking? --- Over 20,000 new coins are born every day, and less than 1% of them survive in the end—brutal. --- Is $SNOWBALL still alive? That’s the answer; everything else is cannon fodder. --- Once this data came out, anyone still claiming that the local dog ecosystem is alive must be fooling themselves. --- Over 19,000 coins are created daily, and only a few dozen graduate in the end... truly astonishing. --- Looking at this success rate, I feel reassured; no need to FOMO anymore, haha. --- Only one coin left above 1M? Then my small projects are really hopeless. --- The hype about the local dog market is just an illusion; the data is the real cold reality.

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GateUser-0717ab66

· 2025-12-26 19:48

A 0.6% success rate—these numbers are crazy. The meme coin market is just a casino.

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TokenToaster

· 2025-12-26 19:34

A 0.6% success rate—how hopeless... Out of 19,250 new coins born each day, only 115 survive, it's so cruel.

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PanicSeller69

· 2025-12-26 19:32

0.6% success rate... Is this data real? Feels like mining.