PANews
PANews|Sep 03, 2025 07:31
**[James Wynn: The Solana Ecosystem is Saturated, Only Blue-Chip Meme Coins Left are Doge, Pepe, and Shib]** Crypto trader James Wynn stated on social media that the Solana ecosystem has become a "saturated market," filled with short-term speculators and farming activities, making it difficult for crypto meme coins to achieve long-term value. He believes that even FartCoin, once considered a success, is just another Ponzi scheme that may eventually go to zero. In his view, the only projects in the current crypto market with true blue-chip potential are Doge, Shib (though not entirely a "Meme"), and Pepe. Other projects may exist, but they have almost no chance of becoming blue-chip. He also mentioned that the crypto community, which used to remain active and successful during market fluctuations, is now losing this characteristic. Additionally, he pointed out that unless there is a future interest rate cut, the market hits new highs in Q4, and retail investors make a strong comeback, the overall crypto meme coin market will remain in a sluggish state. As reported yesterday, James Wynn opened a long ETH position with 25x leverage.
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