Analysis: The market capitalization of the top 6 Meme coins in the Ethereum ecosystem exceeds the total market capitalization of Meme coins on other Layer 1 chains.

ChainCatcher news: Nick Tomaino, founder of 1confirmation, posted on the X platform that the market capitalization of the top six Meme coin projects in the Ethereum ecosystem is higher than the total market capitalization of all Meme coin projects on other Layer 1 blockchains. In addition, Ethereum also plays the role of a global settlement layer for AI, prediction markets, Wall Street, and S&P 500 companies.