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USE > ***- I'll summarize the tweet, explain its meaning, and add context about Solana meme tokens.*** LESS Meme Token Surges to Top Solana DEX Netflows with CEX Listings Boost

USE > ***- I'll summarize the tweet, explain its meaning, and add context about Solana meme tokens.*** LESS Meme Token Surges to Top Solana DEX Netflows with CEX Listings Boost

In the fast-paced world of meme tokens on Solana, sometimes the most ironically named projects steal the show. Take #USELESS, for instance—it's just proven that names don't define destiny in crypto. According to a recent post from data analyst Chyan on X (view the original thread), this meme token has rocketed to the top of Solana's 24-hour DEX netflows, leaving heavyweights like $BONK and $PUMP in the dust. This surge comes hot on the heels of major centralized exchange (CEX) listings, which seem to have injected serious momentum into its trading activity.

Screenshot of Solana Token Screener showing top meme tokens by DEX netflows

For those new to the lingo, DEX netflows refer to the net amount of capital flowing into or out of a token on decentralized exchanges (DEXs) like those on Solana. Positive netflows indicate more buying than selling, often signaling growing investor interest and potential price upside. Chyan's analysis, powered by tools from Nansen, highlights how #USELESS not only topped the charts but did so with netflows greater than the next nine tokens combined. That's a whopping +$1.21M in just 24 hours, paired with a 37.29% price jump.

Here's a breakdown of the top 10 Solana meme tokens by 24-hour DEX netflows, as shared in the post:

  • 1. #USELESS: +$1.21M (37.29% price change)
  • 2. $BONK: +$220.82K (0.94% price change)
  • 3. $PUMP: +$216.80K (-0.18% price change)
  • 4. $KORI: +$127.82K (47.76% price change)
  • 5. $FWOG: +$79.80K (-4.07% price change)
  • 6. $STONKS: +$70.48K (-12.38% price change)
  • 7. $DEBT: +$69.75K (-12.3% price change)
  • 8. $SLERF: +$67.58K (< -0.01% price change)
  • 9. $BOSS: +$57.50K (-29.22% price change)
  • 10. $WIF: +$54.17K (1.99% price change)

What's particularly interesting is the "BonkFun flag" mentioned for five of these top performers. This likely nods to the Bonk ecosystem, a popular meme coin hub on Solana that's been fostering a wave of related projects. Tokens like $BONK itself, along with others waving this flag, are benefiting from community-driven hype and interconnected narratives. For example, $KORI's impressive 47.76% price gain suggests it's riding high on similar vibes, perhaps tied to Bonk's playful, dog-themed universe.

This data underscores a broader trend in the meme token space: utility might be overrated when community and listings take the wheel. #USELESS's explosion shows how CEX integrations can amplify DEX activity, drawing in more liquidity and traders. If you're a blockchain practitioner eyeing the next big meme play, keeping tabs on netflows via platforms like Nansen could be your edge. Solana's low fees and speed make it a hotspot for these volatile gems, but remember—meme tokens are high-risk, so always DYOR (do your own research).

As the meme economy evolves, stories like this remind us why Solana remains a breeding ground for innovation and fun. Stay tuned to Meme Insider for more breakdowns on trending tokens and ecosystem insights. What's your take on #USELESS's rise? Drop your thoughts in the comments below!

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