Opportunities:
- Currently, centralized exchanges dominate the liquidity of most mainstream coins, but there remains a gap in the meme coin space.
- Hyping meme coins has always been the top on-chain demand, and the trading volume of meme coins on the Base chain and BSC chain is on the rise.
- Catpad is about to launch on the Solana chain, and its future expansion to other chains via Jupnet offers a natural advantage. Multi-chain aggregation network products are currently scarce, so if Jupnet can successfully complete development this year, it will have a significant first-mover advantage.
Note: Over the past year, the LFG 1.0 version could only list some team projects through DAO voting. This year’s LFG 2.0 (Catpad), however, will introduce a permissionless token issuance mechanism with three token issuance models, one of which is somewhat similar to Pumpfun.
Personal Opinion: The future of blockchain is destined to be a multi-chain landscape. Jupnet+Catpad may reshape the user experience of hyping meme coins, and the resulting massive trading volume and fees could propel Jupiter to become a DEX unicorn.