On-chain analyst @ai_9684xtpa published an overview of Wintermute's market-making projects, saying that most of the Memecoin projects Wintermute chooses to make markets have high market capitalizations and have long left the early stages of PVP. They are usually operated by professional teams and big dealers behind the scenes.
90% of the TOP20 holdings have a market capitalization of over $100 million, and 30% even exceed $1 billion. $PEPE and $COK are the market-making projects with the highest and lowest market capitalizations, respectively.
The above situation:
Among the TOP20 Memecoins held by Wintermute, 11 projects have been listed on Binance, accounting for 55%.
- Spot products launched: $PEPE / $NEIRO (lowercase) / $BONK / $WIF / $FLOKI / $BABYDOGE
- Futures products launched: $PEPE / $BONK / $WIF / $MOODENG / $GOAT / $MEW / $NEIRO (uppercase) / $POPCAT / $FLOKI / $BABYDOGE
Note: The two projects marked with a star "*" in the summary chart, $SPX and $michi, have not been traded since Wintermute received the tokens, and it is not 100% certain that they have participated in market making.