Yeah its hard to say how it will turn out. However it seems every crappy meme coin on SOL pumps like crazy and even gets a few CEX listings. This looked promising because it allows anyone to mine some tokens even if they have a smart phone.
Yeah, getting listed on a few good CExs could give some token miners some hope. What I noticed is hype plays a big role in pushing the token price, however shitty it looks like in the bull run. If there are a lot of people buzzing about it, it's good to be part of the ride and jump off right before the hype dies down.
I know a few tokens on Solana that are really so good or are at least far much better than most meme coins, but they just die a natural death because they don't have that hype.
The ORE thing though is pissing off a lot of Solana users because of network congestion, just like how the ordinals pissed off the Bitcoin users or cryptokitties with the Ethereum users back in the day
Does anyone know how this is done? you can do POS for tokens on POW blockchain, where there is L2 and POS is performed on it, but this is the first time I have heard of POW mining on a POS chain.
Basically just a smart contract of sorts on Sol chain. I don't think it's really similar to the POW we usually know about.