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Solana On-chain Data: KOL Overtakes Smart Money as Meme Coin Winner, with Over 80% Success Rate

2025.09.29 12:48:21

On September 29th, according to the monitoring of GMGN, recently, there has been a rise in the launch of violent new meme coins. The 24-hour trading volume rankings are mostly occupied by meme coins launched on the same day. Meanwhile, in the past 7 days, the winning rate of Key Opinion Leader (KOL) wallet addresses (generally above 80%) is notably higher than that of smart money addresses (generally around 55%). The popularity of Pump Live has rebounded slightly, and there has been a turning point in market preferences: the top three in market capitalization in recent times are all established live streaming coins that have been listed for more than 200 days. Among them, San Chan (San) has a market capitalization exceeding 12 million USD, shifting the market's attention back to existing projects. Earlier on September 25th, in the past week, Solana's on-chain activity decreased, the popularity of new meme coins dropped, and the market capitalization of Pump live streaming coins all fell below 2 million USD.
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