Capturing Value with Speed: A New Era of Memecoin Trading

Hello everyone, I am Haze from the trading product team. Today I would like to share with you why we developed this product and how it addresses the pain points in the market.

Our products are essentially designed to solve a core problem – “speed”. Why is speed so important in Memecoin trading? Because for young enthusiasts of Memecoin trading, slow on-chain transactions can severely impact their experience and earnings. They need a product that can respond quickly to meet their trading needs.

The Three Major Values of Memecoin

Many people question the value of Memecoins, and I believe it mainly lies in three aspects:

The first is the value of information and asset distribution. Memecoin spreads faster than traditional news because it is directly linked to funding. When a hot event occurs, the relevant Memecoin is quickly issued. For example, immediately after Trump was shot, the “Fight” themed token appeared, even faster than traditional news outlets. Modern Memecoin has become more of a meme and community than Dogecoin or Shiba, it has become more of a means of information distribution, with global hot events spreading rapidly in the form of tokens.

Secondly, there is cultural consensus. Well-known Memecoins like Wave Dodge possess unique cultural attributes, forming a strong consensus foundation within the community.

The third is attention monetization. When you buy related tokens at the early stage of a hot event, as the community spreads and more people get involved, early participants may achieve substantial returns.

The Explosion of the Memecoin Market

The real explosion of the Memecoin market began with the emergence of the PumpFun platform, which addresses the issue of unified issuance standards for assets. This unified standard is akin to the historical unification of measurements by Qin Shi Huang, making the flow of assets and funds more efficient. Since its launch in January 2024, the platform has issued 8.9 million tokens, which is unprecedented in the history of blockchain.

As the main platform for Memecoin trading, our products have steadily developed since their establishment in May 2023, and have seen significant growth by November 2024, with monthly visits reaching 14 million and daily trading volume of approximately 600,000 transactions.

New Generation Trading User Profile

Who is using our products for Memecoin trading? Contrary to traditional perceptions, our users are mainly young people, mostly born in the 2000s, in their early 20s. They are energetic and vibrant, representing the fresh blood in the cryptocurrency space.

Through user research, we found that most users are under the age of 30, and many have never purchased stocks, starting their investment journey directly with Memecoins. This indicates that they are not influenced by traditional investment concepts and are more inclined towards high-risk, high-reward trading methods.

The investment concepts of these Generation Z young people have undergone a significant change. They believe that “Bitcoin and Ethereum are too expensive, and the growth is not enough.” As young people, they are willing to take on higher risks in pursuit of higher returns.

Compared to post-80s investors who study white papers, emphasize long-term value investment and technological innovation, the new generation of investors focuses more on social signals, trend cycles, community culture, and cultural resonance. This is also why many project founders now complain that no one discusses their white papers, while more people are concerned about token prices and economic models.

From Pain Points to Solutions

Traditional on-chain transactions can no longer meet the needs of these young users. They crave “flipping” rather than “taking over,” hoping to acquire early chips more fairly than VCs and institutions. In this context, transaction speed becomes a key factor in determining success or failure.

There is a saying in the community: “Those who are fast get to eat meat, while those who are slow eat shit”—although it is somewhat vulgar, it accurately reflects users’ extreme pursuit of on-chain transaction speed.

Our products solve four “fast” issues:

1. Quick Discovery: How to Quickly Identify Quality Assets
2. Quick Decision Making: How to Quickly Make a Buying Decision
3. Quick Operations: How to complete tasks faster than others.
4. Quick Execution: How to complete transactions faster

Core Functions of the Product

Scan Chain Three Columns

This is our innovative feature designed specifically for monitoring new assets on the blockchain. Similar to scrolling through short videos, as soon as a new asset is issued on the chain, the system will push it to users within a second, enabling real-time discovery and instant notifications.

Data Transparency

Trading decisions require data support. We spent four years building an on-chain data analysis system, one important achievement of which is linking on-chain addresses with Twitter accounts. This addresses the problem of address abstraction and the difficulty in knowing the entities behind them in traditional blockchain transactions.

In 2024, we pioneered the “mouse warehouse” marking feature, which has been very well received in the community. Unlike centralized exchanges, on-chain data is completely transparent, allowing us to clearly identify which addresses have engaged in pre-trading activities, enhancing trading fairness and the rationality of decision-making.

We have also developed various data tags, such as “Diamond Hands” ( for long-term holding ), “Paper Hands” ( for frequent selling ), profit and loss analysis, token sources, and more. These features allow users to clearly understand their position in on-chain trading, which is as important as studying a stock’s financial reports and fundamentals.

Optimize trading interface

To enhance trading speed, we collected feedback from over 4,000 users and optimized the “three points and one line” operation interface: the left side is address monitoring, the middle is the candlestick chart, and the right side is the buy and sell operations. Experienced users can develop muscle memory, allowing them to trade quickly even with their eyes closed.

Fast Execution

On the Solana network, we have optimized the transaction speed to 0.58 seconds, close to Solana’s own processing time of 0.4 seconds. Compared to the 2.3 seconds speed of traditional wallets, our users can gain a significant time advantage, allowing them to secure better chips and prices.

Unique Community Culture

Our platform not only provides technical tools but also nurtures a unique community culture. Young users have created their own language, such as “pouring”( selling chips to latercomers), “blocking”( the price drop after buying), and “fixing”( confirming the ownership of token addresses), among other terms.

Social behaviors have also undergone a transformation, where discovering token addresses (CA), copying CA, and forwarding CA have replaced traditional social media actions like likes, comments, and shares, as these actions may bring actual economic benefits.

Actual Earnings Display

Some question whether these trading methods can truly be profitable. On-chain data is immutable, and during events related to Trump, some active traders made a profit of 17 million dollars in just two days. They leveraged speed advantages, attention, and trend power to achieve considerable returns.

Our Value Proposition

In summary, our products help users capture trends, distribute assets, and monetize value through speed advantages.

As participants in the public chain ecosystem, we also provide the following value:

• Cultivate the most active on-chain trading user community
• Provide high-quality product experience
• Create liquidity and community culture for Memecoin trading
• Establish trading nodes to improve public chain speed
• Maintain network security through token staking
• Provide data analysis services for public chains

We made a profit of $60 million on Solana, but chose to stake all the funds instead of cashing out, which proves that we genuinely care about long-term value and are committed to contributing to the construction of the public chain ecosystem.

Although the current Memecoin market has declined, I believe that as long as the hype does not fade, new trending assets will continue to emerge. While large-cap Memecoins may be rare, small Memecoins will still pop up continuously.

Hot topics never die, Memecoins never perish! Thank you, everyone!