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Samoyedcoin (SAMO) is a famous meme coin built on the Solana network to be a fun asset type, owned and managed by the community and effective in onboarding new market participants, and a publicity tool for Solana.

Meme coins are cryptocurrencies inspired by online memes with no value proposition or utility though useful in performing transactions. Also, they are seen as risky investments and are notoriously volatile.

This article introduces the memecoins on Solana worth watching in 2024. Due to its fast transaction speeds and low fees, Solana has become a popular choice for memecoin developers.

This article explores decentralization from various perspectives. It discusses how projects gradually decentralize during token distribution but emphasizes that premature power delegation can lead to potential disagreements, hindering the project's development.

Last year, the narrative of DePIN ignited the trend of Helium (Mobile). Although DePIN seemed unremarkable during the “Bitcoin Bull Market,” it still brought surprises to the cryptocurrency industry. At the recent ETHDenver 2024 conference, DePIN was listed as a hot track, and now the success of io.net has once again stirred up the DePIN narrative.

As a blockchain project, Solana aims to optimize network scalability and increase speed, and adopts a unique proof of history algorithm to significantly improve the efficiency of on-chain transactions and sequencing.