There are almost 360 Launchpad projects in Web3.

CN
LiamWang
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11 months ago

There are almost 360 Launchpad projects in Web3, with around 63 related to MEME (including AI Agent), and 90% of them emerged in 2024. Does the market really need that many MEME Launchpads? MEME is an indispensable part of crypto culture, but in my opinion:

1⃣ Based on the 10/90 rule of crypto, the vast majority of MEME Launchpads will fade away.

2⃣ So many MEME Launchpads will have a significant impact on liquidity, making it increasingly difficult to make money on MEME.

3⃣ This market cycle is all about BTC + MEME, and with MEME draining liquidity, it is almost impossible for other altcoins to enjoy a "general rise" in the market. #BTC #Memecoins #DOGE

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