The Meme's Game
Meme coins are cryptocurrencies that are inspired by memes. When compared to larger cryptocurrencies such as bitcoin (BTC) and ether (ETH), they are extremely volatile (ETH).
Introduction
Meme currencies are tokens that are significantly influenced by the community. Social media and online community emotions frequently impact their costs. Meme coins can provide a minimal initial investment and large rewards for individuals that trade every day and have time to constantly monitor the marketplace.
Methodology
To address the answer to the bounty here, Top three meme tokens that had participated in Swaps are mentioned using the Swap volume over time. The assets that are swapped "IN" are accounted to review the results of the query.On-chain data is used to find the necessary data and SQL is also used to see the results
Over time the tokens that are swapped are addressed here with their volume constraint per day. It is seen that the biggest swap happened on September 19, 2021.We will see the daily swaps of the other two tokens in the charts below(Though data is less!)
From the charts, it is clear that the BONE$ token had made only one swap but since the volume parameter is accounted here, this token has taken the position in the three places of the Meme Tokens.
All the three swap volumes are accounted for with the date and they are over-plotted. It is clear that the accounts on the swap assets have given enough data to address these three trends with time.It is also seen that the three tokens are independent in showing their swapping trend with time.
Conclusion
The swaps of the Meme tokens own a reason that since it is a new token, the users are eager to buy them over time and their stability is unpredictable and that can become a risk element for the buyers of the tokens and so after buying them,the chances of swapping the tokens for the established tokens in the Crypto world is very high.