Analysis: The Market Cap of the Top 6 Meme Coins in the Ethereum Ecosystem Surpasses the Combined Market Cap of Meme Coins on Other L1 Chains
1confirmation founder Nick Tomaino posted on X, stating that the combined market capitalization of the top six meme coin projects in the Ethereum ecosystem exceeds the total market capitalization of all meme coin projects on other Layer 1 blockchains. In addition, Ethereum also serves as the global settlement layer for AI, prediction markets, Wall Street, and S&P 500 companies.
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