Why most of the meme coins are on Solana?

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Why most of the meme coins are on Solana?

It seems like every other day a new meme coin pops up on Solana, but why is this network the go-to choice for these projects? Is it because of the low transaction fees, quick transaction speeds, or the strong community support? Or is there something more behind the scenes that drives meme coin creators to flock to Solana over other blockchains? I’m curious to hear thoughts from those who have launched or invested in these coins. What makes Solana stand out in this space?

Randula JLK Answered question August 20, 2024
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