Degens Are Flocking To Solana - My Journey Is Memecoin Infused

in #leofinance6 days ago

Degens are flocking to the Solana blockchain for a few key reasons that align perfectly with their fast-paced, high-risk, and high-reward mentality. The insane transaction speeds and ultra-low fees make Solana a go-to for anyone looking to move quickly without burning through their profits on gas fees.

I am using Solana, not as a degen, and i can confirm that transactions can happen in a split of a second, which is like the digital equivalent of a crypto day trader on Red Bull.

Solana is the home to an ever-growing collection of DeFi protocols, NFT projects, memecoins, and gaming platforms that give degens plenty of places to play and wager. My involvment was low... until I decided I want a Solana phone.

I slowly started to explore a playground for anyone trying to flip NFTs, stake tokens, or get involved in high-stakes yield farming! Solana maxies are saying their network is the best, avoiding the heavy traffic jams of more congested chains like Ethereum... but thats an exageration as well. DeFi on Layer2 like Base, Optimism or Soneium are as fast and efficient!

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Yes, I pre-ordered the Solana Seeker phone for $500! Targeted at crypto traders, NFT collectors, and developers, it blends traditional mobile features with blockchain power. The Seeker builds on its predecessor, Saga, with upgrades for a better experience, including a Seed Vault for security, a wallet by Solflare for easy crypto transactions, and a fee-free dApp Store.

Each Seeker generates a unique Genesis Token, unlocking exclusive rewards and access across the Solana ecosystem. The phone also integrates AI for tokenized agents and offers enhanced battery life, a lighter design, and an improved camera—all at a more affordable price than the Saga.

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The Solana Saga phone gave holders exclusive airdrops like USDC, BONK, and SAMO, adding value to offset the phone’s cost. I knew Seeker holders wouldn't get as many airdrops since the memecoin boom is cooling, but I was hoping for a few surprises!

I’ve already received some—like Holdium, which I sold for $4 worth of $SOL. Then came $HAPPY (sold for $7 in $SOL) and $GRUMPY. I wasn’t too excited about $GRUMPY at first, but the next day, it pumped 46,290% while I slept.

Received for free when it was pennies, sold for $44.05... making up about 10% of my pre-order cost. So far, the Seeker experiment is looking like a win!

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Solana’s got a "move fast, break things" vibe that attracts those who thrive on risk and speed. If something crashes, no worries... another pump or a meme coin will rise to take its place. Degens love a bit of chaos, and Solana delivers that unpredictable, thrill-ride experience they crave.

In short, Solana is low-cost, high-speed, and packed with opportunities, making it the perfect spot for degens to thrive, flip, and stake in a world that never sleeps. Most of the memecoins, or shitcoins, that get's launched will target the Saga/Seeker NFT owners and will send small drops.

I often find weird tokens in my wallet, from thousands of MYRE or BLOOD to handfull of tokens like Twurte or Botzilla. The majority are utterly useless and have a value that will not even cover the swap... even on Solana!

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However, some of the airdrops are not that bad! Like the time when I was able to sell BIAO, MYRE and "Doge on SOL" for an amount of crypto that will cover the transaction fees. I am not fed up of pointless airdrops, but I hope decent ones will follow.

BIAO and MYRA are two notable memecoins, each with unique characteristics and community engagement strategies. BIAO is often dubbed the "PEPE of China", a memecoin inspired by the popular Biaoqing meme culture in Asia. Recently, BIAO partnered with Solana Mobile, distributing tokens to 15,200 Solana Saga users. Yey... another drop received while waiting for my phone!

This collaboration aims to connect with a rapidly growing mobile-first crypto audience, especially with the upcoming Seeker smartphone and its Web3 focus. BIAO plans to leverage cultural events like Chinese New Year and National Panda Day to boost its presence.

MYRA is a dog-themed memecoin that gained significant attention in early 2024. Within its first 48 hours of trading, MYRA's market capitalization surged to over $5 million, positioning it among Solana's top memecoins. Its rapid rise highlights the potential for substantial gains in the Solana memecoin space, though such volatility also underscores the importance of caution.

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Speaking of decent ones, I missed the Jupiter one even if I had a considerable amount of swaps. Maybe the volume was too low or I just completed them after the snapshot! This was massive!

Jupiter launched it's Jupuary Airdrop, distributing 700 million JUP tokens, worth about $580 million, to active users, stakers, and community contributors. The event aimed to reward participation and boost Jupiter's ecosystem on Solana... and I wasn't on the list!

This motivated me to look for serious projects, where to drip $SOL I earn by selling all those little value airdrops. The research led me to Nosana, a decentralized GPU computing platform designed to connect GPU owners with AI users who need affordable computing power.

By allowing people to share their idle GPUs, Nosana offers a more cost-effective alternative to traditional cloud services, making it easier to access the computing resources needed for AI processing. Sounds much better than any smoking chicken-fish meme coin or Trump related tokens!

The platform uses its native token, NOS, which is used for staking, earning rewards, and participating in the decentralized computing market. In January 2025, Nosana launched its mainnet, enabling users to rent out GPU capacity and earn NOS tokens in return.

Nosana’s goal is to democratize access to AI capabilities, driving innovation and making high-powered computing more accessible to everyone. My goal is to ride along, so I bought and staked 5 $NOS on their Dapp. I eard rewards daily, which I can restake, and my multiplier is growing each day. This is the way!

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Residual Income:

Claim your Zerion XP!

Sonium: Sake Fi / SoneFi / Kyo

Airdrop Hunting: Layer3 / Mode / Linea / Zerion

Lisk: https://portal.lisk.com/airdrop with code : OHbgua

Content: Publish0x & Hive

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Cashback Cards: GnosisPay & Plutus

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