BlockBeats reported that the memecoin market has transformed from community-based investment into an e-sports-like trading tool where reaction speed is key. Currently, the average holding time for memecoins on the Solana chain is only 58 seconds, a drastic reduction compared to the average of 1 day three years ago. It has also been found that many former professional gamers are engaging in reaction speed battles on platforms like Pump.fun (PUMP). Former professional gamers are reportedly profiting through trading methods such as searching for information within 7 seconds of an X popular post appearing, completing related memecoin purchases within 4 seconds, and realizing profits within 3 minutes. The media added, "Top memecoin traders are equipped with high-performance PCs and internet environments to minimize latency, and they trade for over 16 hours a day in front of monitors. The memecoin market is no longer a game of sharing beliefs or culture, but has become a speculative arena where participants react to fleeting news and plunder each other's funds. The memecoin market is by no means suitable for investors with slow reaction speeds who observe the market as in the past."
