Have you made money on Solana and Avalanche yet? Silly Dragon, Hat Dog, and Mother Hen, who is the next wealth password MEME?
Author: Lu Dongxiao, BlockBeats
The MEME trading frenzy on Solana and Avalanche is sweeping the market.
Compared to Ethereum, these networks are favored by traders for their lower transaction fees and faster speeds. Solana's transaction costs are extremely low, less than one cent, and processing takes only a few seconds; in contrast, Ethereum's transaction fees require at least $15 and processing time could be as long as a minute. Such differences have made Solana and Avalanche the new darlings in the eyes of investors.
Solana
A series of Meme-based dog coins on Solana have taken off, with some explosive growth not only fueling heated discussions in the market, but also playing a significant role in the continued hotness of the Solana ecosystem.
Among all the public chain inscriptions, Sols has always performed extraordinarily, so last week Bitget announced the launch of the Solana chain's inscription token Sols and opened the trading channel on December 15. Subsequently, Magic Eden's market data showed that the floor price of Sols broke through 100 SOL, setting a new historical high, causing many to "slap their thighs."
The trading volume of Solana DEX also exceeded $5 billion, once again breaking historical records, and even surpassing Ethereum within 24 hours.
Although most of the liquidity of dog projects is on Solana DEX such as Jupiter and Raydium, most "dog traders" trade on the information aggregation front-end platforms of Birdeye and Meteora.
Silly Dragon
SILLY continues to reach new highs.
First is SILLY, a "meme form" that quickly became the focus of the market due to Solana Labs co-founder Toly wearing a "dragon" costume at the Breakpoint conference. With the launch of SILLY, coupled with the concept of the upcoming Year of the Dragon, it quickly became the market's focus.

Not only is it spreading offline, Toly has repeatedly liked and retweeted on social media, spreading the silly dragon meme: "Urgently need a silly dragon meme."

With Toly's repeated "support," SILLY has been rising steadily. According to BlockBeats, on December 20, SILLY broke through $0.024, with a 24-hour increase of over 131%. A few hours later, it broke through $0.047, with a 24-hour increase expanding to 211%.
Today, Silly Dragon has reached a new high again. As of the time of writing, the price is $0.0686, showing signs of becoming the new "MEME king" of Solana.

ZERO
According to BlockBeats, ZERO tokens briefly exceeded $1.7 on December 15, fell to $0.5 within two days, but surged back to $1.6 last night, returning to the spotlight.
ZERO is a Solana-based token that combines inscriptions, Meme, and gambling concepts. Its total supply is 21 million, with 10.5 million being minted at a price of 0.08 SOL, and all proceeds will enter the AMM pool. This unique structure has sparked heated discussions within the crypto community, despite being in a very early stage.
ZERO tokens were founded by @Pland__, an early Ordinals OG and Solana developer. Pland pointed out that Sols is not purely inscriptions, but essentially NFTs, and there are hidden fees in NFT inscription verification. Therefore, he launched the Meta Protocol protocol through inscription technology and introduced the pure inscription ZERO Fairmint on Solana.
The mechanism of Fairmint is interesting: every 10,500 Solana blocks, approximately 300 milliseconds per block, with a total duration of about 90 minutes, there are 10,500 inscriptions. The hash value of each block extracts a number, and the winner is the first number closest to the block hash value from top to bottom in even blocks, and vice versa in odd blocks. Each transaction incurs a fee of 0.08 Sol, all of which goes into the ZERO pool.
It is reported that the probability of winning is about 8%, making the market value when joining the pool reach $1.3 million. In the Solana ecosystem, many new projects are quickly snapped up, and the Meta Protocol protocol's innovation through Ordinals technology and principles in implementing Fairmint may be one of the reasons why ZERO is so popular.

WIF
In addition, the token WIF, based on the "dog with a hat" meme, often ranks first on the Birdeye trading hot list. As of the time of writing, the price of WIF is $0.21.
According to BlockBeats, a trader made a huge profit of $1.47 million in just five days by investing in the Solana-based Meme token WIF.

!knoB
Today, the spread of knoB in the Chinese community has also increased. As the reverse of "bonk," everyone has transferred their emotions from "Bonk" to "knoB," and the community even refers to $zero $silly $knob as the three horses of the Sol chain.
knoB's official website, Twitter, and community all have a strong sense of absurd meme characteristics. With a price of $0.00093 at the time of writing, the 24-hour increase is 211.1%, and the 7-day increase is 1683.0%.

Avalanche
In the last bull market, Solana, Avalanche, and Terra, as the three most widely adopted L1 public chains, together shaped the narrative of the "new public chain." Solana is known for its high throughput and low transaction costs, while Avalanche, under the title of the financial internet, aims to bridge the gap between blockchain and traditional finance.
In this wave of inscriptions and memes, Avalanche has once again followed Solana, with the inscription AVAX rising by nearly 12% in recent days.
COQ
COQ is a "chicken"-themed meme project launched by @WojakSatoshi on December 8th. In less than a week online, it has become the hottest meme coin on Avalanche. The community refers to COQ as the PEPE of Avalanche.

In the past few days, COQ has also shown a significant growth trend. According to CoinGecko's data, on December 18th, COQ saw a 26.7% increase within 24 hours, with a price of 0.00000178 USD. Then on the same day, its increase further expanded to 45.1%, with the price rising to 0.00000196 USD. By December 19th, COQ's increase reached an impressive 108.6%, with the price rising to 0.00000244 USD, showing strong market dynamics.
As of the time of writing, the price of COQ is 0.00000324 USD.

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