As of Mar 20, 2024, 33 memecoin presales on Solana raised $149.2 million

On Mar 20, 2024, a blockchain investigator ZachXBT reported that 33 memecoin presales on Solana raised $149.2 million.

These are some of the memecoins on Solana.

1. Dogwifhat (WIF)

2. Bonk (BONK)

3. BOOK OF MEME (BOME)

4. Slerf (SLERF)

5. Wen (WEN)

6. Doland Tremp (TREMP)

7. Jeo Boden (BODEN)

8. elizabath whoren (WHOREN)

Since BONK began its uptrend in November 2023., other memecoins on Solana follow suit.

Memecoin frenzy on Solana have made Solana network generate more transaction fees.

On Nov, 19, 2023, Solana generated only 120k in transaction fees. But on Mar 20, 2024, the number of transaction fees on Solana was $3.94 million in transaction fees.  

Solana is competing with BNB Chain to become 4th largest crypto by market cap.