Tama Meme Statistics After One Month of Launch!

Tama Meme Statistics After One Month of Launch!

Tokens Launched: 20,066
Total Ronin Spent: 1,688,412
Tama Meme Token Holders: 111,743
Total Protocol Revenue: 401,133 RON ($507,032)
Total Volume of Bonded Tokens: $66,429,464
RON earned by Referrals: 7,967 RON.

We can see the potential and positive impact of memecoins on the ecosystem, as they generate solid revenue for both Tama Meme and Ronin.

However, along with that comes risks and the possibility of rug pulls. That’s why the community needs to stay united and support each other. Always invest carefully and only with an amount you are willing to lose without affecting your daily life.

Recently, memecoins on Ronin have not been receiving the same attention as in the early days, and liquidity has been low, mainly concentrated in a few coins.

Tama Meme is also working on improving several new features on the platform, including a new UX, and may launch a validator on Ronin with rewards being used to buy Tama tokens.

Users have been raising concerns about sandwich bots on Ronin, but the truth is that sandwich bots exist on most chains. The best current solutions we can apply are lowering slippage, executing multiple smaller transactions, and waiting for a solution from Sky Mavis.

To grow the memecoin ecosystem on #Ronin, we might need an incentive program, such as liquidity incentives or direct purchases. This has been proven to have a positive impact on various aspects of other chains like #AVAX, #BNBChain, #Solana, and #Tron (I will provide details in another post).

Memecoins may not be the main development focus of the Ronin ecosystem, but if encouraged and developed properly, they could bring significant long-term benefits to the ecosystem.