Summary: Blast Meme Coin Pacmoon Moves to Solana
Blast meme coin Pacmoon (PAC) is shifting to Solana from Ethereum’s layer-2 scaling network, with a rebrand to ARMY. Users are urged to connect their Blast wallet, input their Solana address, and burn their PAC tokens to receive ARMY tokens at a ratio of 1 PAC for 10 ARMY. The migration must be completed by August 14, and the Solana ARMY tokens will be airdropped the following day.
Pacmoon’s Move to Solana
– Blast meme coin Pacmoon (PAC) transition to Solana from Ethereum’s layer-2 scaling network
– Rebranding to ARMY with users instructed to burn PAC tokens for ARMY tokens
– Deadline for migration set for August 14, with ARMY tokens airdropped on the next day
Solana’s Appeal for Memecoins
– Solana’s popularity for meme coins during this market cycle
– Success stories of meme coins like Dogwifhat, Popcat, Michi, and Billy on Solana
– Mention of PAC’s struggle to maintain market success on Blast
Blast’s Challenges and User Activity
– Blast team member’s acknowledgment of difficulties in building on Blast
– Lack of focus on tokens, community, and culture attributed to Blast’s struggles
– Decline in user activity post-hyped launch with disappointing June airdrop results
Decline in Blast User Numbers
– Significant drop in active user numbers on Blast from June peak to current figures
– DappRadar data showing an 88% decrease in active users on Blast
Hot Take: Will We See More Meme Coins Transitioning to Solana?
As Solana gains traction as a preferred platform for memecoins, will other meme coins follow Pacmoon’s lead and make the switch to Solana for improved performance and opportunities for growth?