Time for BSC memecoins to take over Solana?

[Bureau]

Recently, we've been seeing the dominance of Solana and base memecoins in terms of hype, community, investors, and all that. However, while scrolling through X on a usual day, I discovered there might be a change of narrative soon.


I saw Quacks. It's a deflationary memecoin on the Binance Smart Chain (BSC). One thing that caught my attention is that holders are rewarded without staking, and it's automated via smart contracts. I think some popular memes don't have this feature yet, rewarding community support. This could give QUACKS an edge, in my opinion.

What do you all think about this innovation for a memecoin, do you think it's sustainable or not?

Why then call it a meme coin? A coin with functionality cannot be called a meme coin as the reality is that meme coins should not have any function. The only coin as per my knowledge that had functionality is Dogecoin due it's usage in various domains. For example it is still preferred coins for gambling and most crypto casino do accept it.

If I were you then I would concentrate my research in finding out a new meme coin on the Solana blockchain. It is still one of the favourite chain for new meme coins. BSC will not have much impact for meme coins.

[adaseb]

Right now if you are into these meme coins then Solana is where it’s at. You can forget Ethereum,  nobody wants to pay $50 swap fees anymore when they can literally pay half a penny.

Everyday there is a crazy meme coins which pumps like crazy for no reason. In the last 24 hours, guess what the top meme coin was? It was OJ Simpson meme coin. All because he died.

I don’t think this will stop anytime soon.

[Iamcrypticguy]

I saw Quacks. It's a deflationary memecoin on the Binance Smart Chain (BSC). One thing that caught my attention is that holders are rewarded without staking, and it's automated via smart contracts. I think some popular memes don't have this feature yet, rewarding community support. This could give QUACKS an edge, in my opinion.

Or it might be a way to attract more investors even if it does not exactly benefit both the project and its investors in the long run.

What do you all think about this innovation for a memecoin, do you think it's sustainable or not?

Do enlighten me where would they get these rewards from? I don’t think they can support this kind of system for a long time and they are only doing it to earn more hype in its early days.

After seeing OP's post, I did some digging. They used the term 'frictionless yield generation,' derived from transaction fees, with about 4% of them distributed to holders while the rest goes towards burns and other uses. It looks good on paper, and I also noticed they've entered into a new partnership

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[Phoenixtrader]

Recently, we've been seeing the dominance of Solana and base memecoins in terms of hype, community, investors, and all that. However, while scrolling through X on a usual day, I discovered there might be a change of narrative soon.


I saw Quacks. It's a deflationary memecoin on the Binance Smart Chain (BSC). One thing that caught my attention is that holders are rewarded without staking, and it's automated via smart contracts. I think some popular memes don't have this feature yet, rewarding community support. This could give QUACKS an edge, in my opinion.

What do you all think about this innovation for a memecoin, do you think it's sustainable or not?

I believed it will be sustainable in the long run if investors continue to support this project without any doubts. Unlike with the shitcoins that has no exact projections of its roadmap, without concrete platform I guess that isn't makes any sense at all.

Taking over Solana, I don't think so because it's another type of asset that has a unique upbringing to world of crypto market. More whales trusted this platform, so it's definitely a stable type of asset same as the uprising memecoins.

Thanks for your input, will keep watching and I'll revert here soon.

[Yamifoud]

We're not sure how it affects the meme coins' momentum and also how it impacts over Solana but there is one thing I smell in this strategy, meme coins developers are here to make money, and they give everything they have just to see their plan become successful. But the question is if that is worth taking or not. I'm not going to question how sustainable these projects are because we already know that they are just for the short term. So therefore I would say that we have to take extra caution in choosing these projects and only invest the amount that we can afford to lose.

[fenixosup]

I hope that memecoins will be dead sooner or later

[Phoenixtrader]

Recently, we've been seeing the dominance of Solana and base memecoins in terms of hype, community, investors, and all that. However, while scrolling through X on a usual day, I discovered there might be a change of narrative soon.


I saw Quacks. It's a deflationary memecoin on the Binance Smart Chain (BSC). One thing that caught my attention is that holders are rewarded without staking, and it's automated via smart contracts. I think some popular memes don't have this feature yet, rewarding community support. This could give QUACKS an edge, in my opinion.

What do you all think about this innovation for a memecoin, do you think it's sustainable or not?

I believed it will be sustainable in the long run if investors continue to support this project without any doubts. Unlike with the shitcoins that has no exact projections of its roadmap, without concrete platform I guess that isn't makes any sense at all.

Taking over Solana, I don't think so because it's another type of asset that has a unique upbringing to world of crypto market. More whales trusted this platform, so it's definitely a stable type of asset same as the uprising memecoins.

True, the road maps and rebates to users gives the token some credibility you no. I already invested, when it debuted on Bitget, I hope more exposure would come for this token and probably it'll be on bybit, binance soon

[batang_bitcoin]

I hope that memecoins will be dead sooner or later

Well, whether you like it or not, they're going to stay but many of them will be dead soon once the bull run is done and we go ahead to the bear market. But I don't want to be quick with that because there's still a lot of time for this bull run to exist and I haven't taken that much profit yet, so with that. I'm waiting for the great moment that this bull run might peak or even before that, I will be able to take some profit and then the market can do its own thing. 

[HarryNick2746]

“Quacks: The Next Big Thing in Memecoins? A Shift in the Narrative on BSC”

In a landscape dominated by Solana and traditional memecoins, a new contender is emerging: Quacks. This deflationary memecoin on the Binance Smart Chain (BSC) is turning heads with its unique approach to community rewards.

Unlike other memecoins that require staking for rewards, Quacks automatically rewards holders through smart contracts. This innovation could give Quacks a significant edge in the market, offering a sustainable way to incentivize community support.

But the question remains: Is this innovation sustainable in the long run? Will Quacks disrupt the current dominance of Solana and base memecoins? Share your thoughts and join the conversation on the future of memecoins with Quacks! 🦆🚀 #Quacks #BSC #MemecoinInnovation

[justdimin]

Recently, we've been seeing the dominance of Solana and base memecoins in terms of hype, community, investors, and all that. However, while scrolling through X on a usual day, I discovered there might be a change of narrative soon.


I saw Quacks. It's a deflationary memecoin on the Binance Smart Chain (BSC). One thing that caught my attention is that holders are rewarded without staking, and it's automated via smart contracts. I think some popular memes don't have this feature yet, rewarding community support. This could give QUACKS an edge, in my opinion.

What do you all think about this innovation for a memecoin, do you think it's sustainable or not?

I feel like the "chain" these meme projects are on doesn't really matter. People hype one today hype another tomorrow so it doesn't really matter all that much, I feel like that has to be something normal and not really shock anyone. I get that some people want to see they made the right choice, so they are trying to figure out which chain should get the most money and all, to be able to later focus their investments, but meme coins are just based on hypes and that means you are not going to know what's going to be hyped before hand.

The entire logic of hype is literally whatever happens at that moment, it is not known even a minute before it starts, so you can't really make it work any other way, you should try to avoid that.