Galaxy Research’s most modern evaluation finds that meme coin ecosystems operate admire casinos—the build infrastructure providers, no longer traders, take home the largest earnings. With Solana-essentially essentially based entirely Pump.fun minting tens of millions of tokens and bots extracting tens of millions in charges, almost all of retail contributors are left at a structural downside.
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Who In actuality Income From Meme Coins? Galaxy Says It’s Not the Merchants
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