12 New Addresses Issued, Fees Totaling $155,000

A total of 12 tokens have been created from the new addresses related to New Life, generating fees amounting to 224.17 Binance Coin (BNB). This is approximately $155,000 based on the dollar value. BlockBits reported that the address issued a new token named 'New Life' about 20 hours ago. Consequently, the cumulative number of tokens issued by this address has increased to 12, with total fee revenue presented as 224.17 BNB. This case focuses more on the issuance structure rather than the price of specific meme coins. One address has consecutively created multiple tokens in a short period, accumulating fee revenue in the process. In the meme coin market, the rapid repetition of new token issuance and initial trading can lead to interest translating into fee revenue. However, meme coins often lack clear practical uses and exhibit high price volatility. This matter should be viewed as an on-chain case examining the issuance address and fee flow, rather than a basis for buying or selling specific tokens.

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