Insights from Gotbit
According to a report by Odaily, the founder of Gotbit Hedge Fund has divulged findings from a recent internal analysis. The study aimed to uncover why the TON Chain Meme has not been able to consistently reach and maintain a market valuation of 10 million dollars.
The X Platform’s Role
The investigation highlighted the X platform’s pivotal role in the proliferation of Meme coins within the SOL ecosystem. The platform’s design allows for the easy spread of these coins through simple actions like tagging or commenting, which in turn facilitates their visibility across various Meme communities.
TG Channel’s Shortcomings
Contrastingly, the TG channel has not mirrored this success. The channel’s inability to foster similar levels of exposure and engagement on the X platform has been identified as a crucial element in the TON Chain Meme’s ongoing struggle to stabilize its market value.