Exploring Low-Latency Data Solutions for Meme Coin Trading

Exploring Low-Latency Data Solutions for Meme Coin Trading
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The post Exploring Low-Latency Data Solutions for Meme Coin Trading appeared first on Coinpedia Fintech News
Memecoin trading has gained a lot of popularity recently, with players like Pump Fun on Solana and Sun Pump on Tron getting most of the traction with around 140 million trades last week. The no. of daily traders hitting more than 100k on Pump Fun and TPS (transactions per second) of around 4k further solidifies this claim. 
These platforms allow their users to launch their meme coin with a single click, which could also be traded on other exchanges after they complete their bonding curve and graduate from the platform. Also, the user is rewarded with 0.5 SOL after the token they created completes the bonding curve as shown in the image below.

This rise in popularity had provided algo traders with a new market to try out their strategies. However, most of these strategies would require trade and market-related data like volume, liquidity, and number of traders invo

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