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Meme Coins / Re: Ethereum or Solana Memecoin? Which has more potential?
« on: June 26, 2024, 06:48:07 PM »
I fell out of love with Eth because of the high gas fees. It made having small, degenerate punts on little things difficult. I have projects in my Eth wallet that I can't sell because the gas fees are higher than the value of the coin.
However, I've fallen back in love with ETH again regarding Meme coins for that very reason: ETH is an anti-jeet device. The gas fees stop people jumping out of the coin every few minutes and encourages more long term play.
There are projects that get to about 1 or 2 million, and on ETH they have a far greater chance of continuing upwards. On Sol, as soon as there is a slight downtrend everyone sells because it's so cheap and the coins just go to zero.
However, I've fallen back in love with ETH again regarding Meme coins for that very reason: ETH is an anti-jeet device. The gas fees stop people jumping out of the coin every few minutes and encourages more long term play.
There are projects that get to about 1 or 2 million, and on ETH they have a far greater chance of continuing upwards. On Sol, as soon as there is a slight downtrend everyone sells because it's so cheap and the coins just go to zero.