Meme Coin Market One Year Review: Golden Dog Quantity and Investor Profit Analysis

In 2024, Meme coin has become a major focus in the cryptocurrency market, with people occasionally achieving considerable profits through these coins. Although the tokens on certain exchanges have underperformed, there are still profit opportunities on the blockchain. Let's review the past year and analyze the number of golden dogs on various public chains and the profits of investors.

The Public Chain with the Most Gold Dogs

The three public chains where the Golden Dog Meme coin appears most frequently are SOL, Base, and BNB. Other public chains occasionally have the Golden Dog, but the probability is relatively low.

1. Solana provides a good environment for the development of Meme coins and the explosion of gold dogs due to its low cost, high performance, and comprehensive Meme coin tools (such as pumpfun).

2. Base benefits from the support behind it, and the number of gold dogs has significantly increased, but its maturity is still not on par with Solana.

3. As an established public chain, BNB Chain has also produced a number of golden dog projects under strong promotion.

4. Due to high Gas fees, the success rate of Meme coins on Ethereum is relatively low, but once a meme coin like Dogecoin emerges, the wealth effect is significant.

5. Tron has seen well-known projects like SUNDOG rapidly rise with the help of SunPump, but the excitement was short-lived.

6. Emerging public chain ecosystems like Sui/Aptos are not yet mature, and the number of gold dogs is relatively small.

Statistics of Gold Dog Count on Various Public Chains

Definition standard of the Golden Dog:

• Increase: The increase reached more than 50 times after going live.
• Market Cap: Peak market cap exceeded 100 million USD
• Popularity: Having significant community support or attracting a large amount of attention in a short period of time.

According to these standards, the estimated number of gold dogs on various public chains over the past year is as follows:

1. Solana: 100-150 coins
2. Base: 50-80
3. BNB Chain: 30-50 coins
4. Ethereum: 10-15
5. Tron: 10-20 coins
6. Emerging public chains (such as Sui, Aptos, etc.): 5-15

Distribution of Golden Dog Appearance Time

Divide the past year into four quarters (2024 Q2, Q3, Q4, and 2025 Q1), the appearance of the Golden Dog on each public chain is as follows:

1. Solana always holds a dominant position, with peak periods in Q2 2024 and Q1 2025 (30-40 each quarter).
2. Base is showing a rapid growth trend, increasing from 10-15 in Q2 to 15-25 in Q4.
3. The BNB Chain remains stable overall, with a slight increase in Q4 (10-15 coins).
4. Ethereum has only 2-5 each quarter, affected by high Gas fees.
5. Tron peaked in Q3 due to SUNDOG and SunPump (5-7) and then declined.

Overall, the distribution of gold dogs is relatively balanced, with a total number ranging from 205 to 330 throughout the year, averaging 50 to 80 per quarter, with Q4 (56-90) being the peak of the year.

Investor Profit Situation

"Grabbing the Golden Dog" refers to the number of addresses that achieve a price increase of more than 10 times. These addresses are typically early participants who bought shortly after the project went live (within a few hours to a few days), or investors who precisely bottomed out at price troughs.

The opportunity for a 10-fold increase is mainly concentrated in the early stage of the Golden Dog outbreak, with the window usually lasting only a few hours. Therefore, large investors and early participants have gained most of the profits, while the majority of investors buy at high prices, missing the chance for 10-fold returns.

Overall, Solana and Base may have a slightly higher percentage of profitable addresses (2%-5%) due to low costs and high transaction volume; Ethereum has a lower percentage (0.5%-2%) due to high Gas fees.

Market Characteristics Summary

1. Multi-chain hot rotation is the norm, making it difficult to maintain sufficient liquidity on every chain.
2. Even if the overall market conditions are not good, local hot opportunities will still emerge.
3. Solana, Base, and BNB Chain are the three most active public chains of the Golden Dog.
4. The fourth quarter of 2024 is the peak period for the number of golden dogs.
5. The profit opportunities are mainly concentrated within a few hours after the project goes live.
6. About 2%-5% of addresses on the Solana chain have achieved more than 10 times the profit, totaling approximately 900,000 to 3.6 million addresses.

Although the current market may be temporarily cooling down, the Meme coin market may迎来 a second spring. Investors should closely monitor market trends and be well-prepared.