Odaily News On-chain analyst @ai_9684xtpa published an overview of Wintermute's market-making projects, saying that most of the Memecoin projects Wintermute chooses to make markets have high market capitalizations and have long left the early stages of PVP. They are usually operated by professional teams and big dealers. 90% of the TOP20 holdings have a market capitalization of over $100 million, and 30% even exceed $1 billion. $PEPE and $COK are the market-making projects with the highest and lowest market capitalizations, respectively. Stock market situation: Among the TOP20 Memecoins held by Wintermute, 11 projects have been listed on Binance, accounting for 55%. - Spot products launched: $PEPE / $NEIRO (lowercase) / $BONK / $WIF / $FLOKI / $BABYDOGE - Futures products launched: $PEPE / $BONK / $WIF / $MOODENG / $GOAT / $MEW / $NEIRO (uppercase) / $POPCAT / $FLOKI / $BABYDOGE Note: The two projects $SPX and $michi marked with a star “*” in the summary chart have not been traded since Wintermute received the tokens, and it cannot be 100% confirmed that they have participated in market making.