FISH increased by 51% after launching on Alpha. When will small-cap coins go far?

According to the latest news, TON FISH MEMECOIN (FISH) has increased by 51.51% since the launch of Alpha, with a current price of 0.0088026 USDT. This surge is quite meaningful against the backdrop of the current Memecoin market segmentation and also reflects market recognition of the new feature launch. As an established Memecoin within the SOL chain ecosystem, what is the logic behind this rally that is worth paying attention to?

Market rebound driven by Alpha launch

Project fundamentals review

FISH was listed for trading on April 22, 2024, and has been operating for nearly 21 months. Market data shows that FISH’s fully diluted market cap is approximately $1.24 million, with a 24-hour trading volume around $2,839. As a Memecoin project, FISH ranks 5282nd in market cap, maintaining a relatively stable position among many low-tier projects.

Why is it a 51% increase

This increase may seem significant, but it should be understood in two contexts. First, the Memecoin market itself is highly volatile; daily fluctuations of over 50% are common. Second, the launch of the Alpha feature represents tangible progress for the project, and such milestone events often attract incremental capital. From the mention in the news of “since the Alpha launch,” this increase is relative to the price before the Alpha was introduced.

Segmentation phenomenon among SOL chain Memecoins

Community coins vs. new projects’ survival rules

Recent market observations indicate that the Memecoin ecosystem on the SOL chain is experiencing clear segmentation. WhiteWhale’s market cap has surpassed the billion-dollar mark, FISH remains stable in the tens of millions, while many new projects are facing backlash during market adjustments. This highlights a phenomenon: projects with a community foundation and ongoing development can go further, whereas new projects relying solely on hype are more likely to be eliminated.

FISH’s relative advantage

FISH has maintained stability and achieved gains during this adjustment mainly because it has a certain community base and project continuity. The actual functional updates like the Alpha launch are more credible and better received by the market than hollow marketing promises. This also explains why, despite high on-chain hype and weak reception of new projects, FISH can still rise against the trend.

What to watch for next

For veteran Memecoins like FISH, the key points moving forward are: first, whether the actual application of the Alpha feature can sustain interest; second, whether community activity can translate into continuous trading volume; third, whether it can maintain competitiveness amid overall ecosystem adjustments on the SOL chain. From current performance, FISH at least proves it is not purely an emotional coin, but to become a true “diamond” (long-term value coin), more practical products and community support are needed.

Summary

FISH’s 51% increase reflects not just the performance of a single project, but also a microcosm of the Memecoin market segmentation. In this market, projects with development, community, and continuous iteration can survive longer. The Alpha launch is a positive signal for FISH, but whether this can translate into long-term value depends on subsequent execution. For investors, choosing relatively stable community coins on the SOL chain is indeed much less risky than chasing new projects.