BlockBeats News, September 15, according to GMGN monitoring, Pump Live has sparked a "live streaming token" craze, with related meme coin trading on Solana becoming significantly active. As of press time, the top three tokens by market cap currently being streamed are:
Bagwork (Bagwork): Market cap approximately $32.6 million; LP about $1.1 million (Meteora DLMM, locked); 24h trading volume about $62 million; around 12,500 holders; token launched 4 days ago.
StreamerCoin (STREAMER): Market cap approximately $13.6 million; LP about $728,000 (Pump AMM, locked); 24h trading volume about $21.8 million; around 10,100 holders; token launched 12 days ago.
MD (Market Dominance): Market cap approximately $3.02 million; LP about $39,000 (Raydium AMM, locked); 24h trading volume about $7,290; around 1,446 holders; token launched 332 days ago.
The traffic for live streaming tokens is mainly driven by streamers/KOLs; most new tokens use Meteora DLMM / Pump AMM + locked pools + low tax, with some also featuring high burn rates. Except for the top projects, most have a market cap below $1 million, high turnover, high concentration and pullback risk, and require close monitoring of large addresses.
BlockBeats reminds users that most meme coins have no real use case and are highly volatile. Please invest with caution.