🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
$M3M3 Memecoin Analysis: New Mechanism and Market Positioning of DEX Platform
Key Points of $M3M3
The Origin and Positioning of $M3M3
$M3M3 is derived from a certain DEX platform that draws inspiration from the Ve(3,3) mechanism to create the MEME(3,3) mechanism. This mechanism allows the top 1000 stakers to share the corresponding LP's fee revenue. Based on this mechanism, the platform developed a meme coin launch platform M3M3 and launched the first meme coin $M3M3.
Although $M3M3 is theoretically not directly related to the DEX platform, the market generally compares it to other platform meme coins such as $WEN and $PURR.
Strategic Considerations for Issuing $M3M3
From the latest landscape of the Solana ecosystem DEX track, the market share of the platform in the following aspects is as follows:
It can be seen that the platform has certain advantages in liquidity and new token issuance, but there is still room for improvement in trading volume. The launch of the M3M3 launch platform not only consolidates its advantages in LP and new tokens but also stimulates the growth of platform trading volume, making it a win-win strategy.
Characteristics and Evaluation of $M3M3
$M3M3, although positioned as a meme coin, has characteristics that differ from typical meme coins. Its valuation method does not primarily rely on attention economics and market sentiment, but rather focuses more on considerations of APR and potential airdrop return rates.
Based on recent on-chain meme coin trading experience, the prospects of this new type of meme coin launch model are worth discussing. The appeal of traditional meme coins lies in the thrill brought by instant feedback, high volatility, and uncertain returns. In contrast, the method of calculating APR and potential airdrop returns seems overly rational and does not quite fit the frenzied atmosphere of the meme coin market.
Conclusion
It is recommended to view $M3M3 as a potential yield tool, rather than a traditional meme coin investment object.