Be ready to start hearing a lot about injective on my blog because this is the chain I am exploring right now. I started my degen journey few days ago on the starknet chain and its been a good experience, I have made profit and gotten rugged but the whole journey has been a very fruitful one. But while I always celebrate my 3X win on the starknet memecoins, I noticed that other chains are adopting memecoins and they are pumping over 100X. Memecoins on the starknet network is not as liquid as other memecoins on other chains. Liquidity has not yet been pumped into these memecoins, may be investors are waiting for the starknet airdrop before they flood into the memecoin pool. Well, instead of wasting my time on the starknet chain with less liquidity I decided to go to injective with more liquidity.
Trying to explore memecoins on the injective chain, you can see the difference in liquidity between the injective chain and the starkness chain, memecoins are pumping from $50k Market cap to $30 Million market cap, that is a lot of profit. Aped into three memecoins last night, two of them are doing well, but one rugged, I wasn’t surprised because this is not my first time getting rugged. One of the memecoins have already done 2X, and the best part about the injective chain is how cheap the chain is. Degening on the starkest chain made me spend up to $3 on gas fees, but using the injective chain I spend $0.01 on gas fees and I make 2X faster there than I make on the starknet chain.
On the starknet chain you trade on Avnu and jediswap and check the chart on geckoterminal and you need an Argent X or a Braavos wallet, but on injective you need a keplr wallet, or a leap wallet, and you need coinhall to check the price chart. You also need INJ, you can get them from centralised exchanges or you can bridge them from the cosmos chains. Memecoins on the injective chain is still new, you might be early, but watch out for rug coins, be careful out there with your degen.