PEPE and AIDOGE skyrocketing review: how to seize the meme season?
Original Author: Wu Hai, PANews
"An address was monitored on the chain, and I bought PEPE for $250, which turned into $1.8 million just now." "A few days ago, I received the token AIGOGE airdropped to the ARB airdrop address, but I didn't sell it. I just saw that a single address received it. The currency can be sold for 500 US dollars. Oh yes, I only got 1000 addresses".
There have been voices like this in the community and on social media for the past two days. Some people missed it due to prejudice, some stepped on the air and patted their thighs, and some even sold a pig's knuckle meal when they received it, but they didn't expect it to be a battery car. When the above information continued to spread, the market also began to stage the grand occasion that once happened: deposit money when you see the contract address. The meme season of the currency market is coming quietly.
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AIDOGE: Decreasing airdrops, lucky draws increase market games
Long before AIDOGE exploded, there was auragi, an automated market maker project based on Velodrome's ve(3, 3) mechanism, which conducted airdrops for addresses that had obtained ARB token airinvestment qualifications. Its airdrop tokens have already been claimed, and the price of the tokens has also been mediocre, responding to the phrase "airdrop a pig's foot meal" spread in the community. Observing the gameplay of this project, it is obvious that none of AIGOGE's traders understand the market gameplay.
According to the official introduction, ArbDogeAI is an experiment in the Arbitrum ecosystem. AIDOGE was launched on April 15th. The total amount of tokens is 210,000,000,000,000,000 (2.1 trillion). 5% is used to motivate invited users. The inviting address will receive 10% of the total amount of tokens received by the invited address, until the 5% of the total reward pool is distributed.
In addition, AIDOGE has designed a mechanism for trading burning taxes. Users have a 15% combustion tax for each transaction on the chain, 3% is used for ecological development; 1% will be destroyed; 2% will be rewarded to liquidity providers; 3% will be used to purchase ARB for subsidizing protocol games and Voting (in the early stages, some ARB tokens will be used directly to encourage users to increase liquidity pool funds); 3% for AIDOGE holders pledge dividends. 3% is used for lucky drops, which will be converted into ARB tokens and deposited into the lucky pool.
In addition, AIDOGE has designed a mechanism for trading burning taxes. Users have a 15% combustion tax for each transaction on the chain, 3% is used for ecological development; 1% will be destroyed; 2% will be rewarded to liquidity providers; 3% will be used to purchase ARB for subsidizing protocol games and Voting (in the early stages, some ARB tokens will be used directly to encourage users to increase liquidity pool funds); 3% for AIDOGE holders pledge dividends. 3% is used for lucky drops, which will be converted into ARB tokens and deposited into the lucky pool.
In this way, the demand for AIDOGE arose immediately. First of all, it can be used for mining, and the annual rate of return is as high as 2,360% when calculating compound interest at the beginning. Secondly, liquidity can be provided, and the annual rate of return is as high as 1,039,940,246% in the case of compound interest calculation. In addition, when users buy AIDOGE tokens equivalent to 100-1000 on the chain, they will be eligible to participate in lucky drops, which will be drawn every half hour. Through the frequency and probability, the user's gambling is stimulated, and the game in the market is also increased.
The lucky weight of the lucky drop increases proportionally to the value of AIDOGE purchased by a single address, with a minimum of 1 (buy $100) and a maximum of 10 (buy $1000). The lucky weight is rounded down. For example, if an address buys AIDOGE tokens worth $180, its lucky weight is 1. After each round, the lucky ticket will be reset. According to official data, the number of ARB tokens distributed through lucky drops is 159,000, the total number of participating addresses is 9,500, and 177 addresses received lucky drops.
first level title
Pepe: pure meme token, Pepe's counterattack
What Pepe attracted more attention from the market was a story of getting rich. According to Lookonchain data, an address exchanged 0.125 ETH (approximately $251) for 5.9 trillion PEPE on Uniswap 4 days ago. Based on the PEPE quotation of US$0.0000003145 on April 20, the value of the 5.9 trillion pieces of PEPE hoarded at this address has reached US$1.85 million. If all of them are sold at the current price (not yet sold), the return on investment will reach 7370 times. Undoubtedly, this is another story of getting rich with a small fortune that countless people envy, and it is widely circulated in the market because of this.
Looking back at Pepe itself, according to Pepe’s official Twitter, it published its first tweet on April 5th, with little attention at that time, and launched PEPE tokens on April 15th. Pepe's main concept is "to make memecoins great again, in the face of everyone in the market paying attention to the endless derivative meme tokens ShibaCumGMElonKishuTurboAssFlokiMoon, it's time to change the status quo". Pepe was launched secretly under the premise of no pre-sale, zero burning tax, destruction of LP tokens, and renunciation of contract authority.
The total amount of PEPE tokens is 420, 690, 000, 000, 000, of which 93.1% are sent to the liquidity pool, and the remaining 6.9% are stored in a multi-signature wallet, which is only used as a future center Exchange listings, bridging and liquidity pools.
Its planning is the first step to be listed on CoinGecko and CoinMarketCap as a memecoin, with 1000 holding addresses and more mentions on Twitter. The second step is Vibe and HODL, maintaining community partnerships with Pepe Times newsletters, providing holders with a dedicated discord channel, and launching a centralized exchange with 10,000 holding addresses. The third step is to develop the token economy and create Pepe-themed products. Customers can use PEPE tokens to purchase, and part of the income will be destroyed. The PEPE Academy and Pepe tool will be launched, and the first-line centralized exchange will be launched at the same time, and there will be 100,000 holding addresses. At the same time, it puts forward the gimmick that will surpass Bitcoin.
first level title
How to catch meme season?
1. Whether it is free and fair to a wider group of people
Whether it is the characteristics of memecoins in the past, or Pepe and Aidoge today, what they have in common is that they are distributed to a wider group in a free and fair way. The advantage of doing this is to attract more users, and when these users find that they can get a small profit immediately after selling it, they will spread the information to more users through word of mouth.
When this goal is achieved, the trader once again attracts the market's attention by pulling the market. However, the users who were attracted by petty profits before became noise spreaders, or they went around complaining about becoming free propagandists of the project party because they were sold out, or they became a stakeholder group of the project party and publicized because they did not sell and made higher profits. Get rich story.
When the voice of market discussion and the number of holding groups grow to a certain extent, the second-tier exchanges will follow up and list them for traffic. First-tier exchanges follow and list.
Based on this, when we find that a project distributes tokens to market owners or a group with a spreading effect for free and fairly, we can actively participate after confirming that there is no contract authorization risk in the token collection of the project. After receiving the token, if its value is not high, there is no need to rush to make a profit and exit, you can try to fight big with small. And continue to pay attention to the progress of the project in the follow-up. If the transaction volume on the token chain of the project is large, and there are always people in the secondary market, it can be understood that there are traders behind it.
For users who did not obtain the corresponding project tokens in the early stage, they can decide whether to enter the market according to the heat of market discussions. For example, auragi, which was distributed free of charge to the ARB airdrop address in the early days, has no more discussion voices except for individual groups posting personal invitation links. However, Aidoge had few discussions in the first two days of receiving period, but after it undertook two days of selling pressure and the price has been maintained, users who entered later can receive a pig's knuckle meal, and users who entered early received a rising value Under the circumstances, it has attracted extensive promotion and discussion. At this time, it is in the early stage of communication, and it is possible to enter and participate in the market under the premise of assigning good position management and stop loss.
2. The total amount of tokens is extremely high, and the price has a large number of 0 digits
In addition to the distribution method, another common feature of memecoins being chased by the market is that the total amount of tokens is extremely high, and the secondary market price has a large number of 0 digits after the decimal point. From the perspective of personal perception, buying mainstream coins such as Bitcoin for $100 is usually less than 1 coin, which has no impact on personal feelings at all. On the contrary, it will discourage users with small funds, because regardless of the expected increase It still cannot meet the needs of users in terms of personal feelings.
But when a user buys a token with 100 US dollars, the number is calculated in billions, and some even display methods need to be expressed using scientific and technological methods, the impact on users or investors is extremely strong, and it caters to investors. psychological needs.
As previously published by PANews, "Want to play around with meme coins? You must understand these underlying logic and investment methodologyIn ", the author Simi mentioned that the speculative direction of meme currency is mainly the skyrocketing price of all mainstream currencies, and the unit price of BTC/ETH is too high, which discourages investors outside the circle. Popular with newcomers. Millions or even hundreds of millions of meme tokens can be bought for 1 dollar, and the investment cost is low, which will make new users feel more fulfilled. Therefore, most successful meme coins have extremely low prices, usually less than $1, and the total amount is huge.
3. Is there any innovative or easy-to-spread topic?
Innovation or the attributes of topics that are easy to spread determine how many people the project can impress and how far it can spread. For example, when PEOPLE is mentioned, people will think of DAO that auctions the constitution. The disseminators think it is worth disseminating, and the disseminated people think it is very interesting. Another example is the relatively unsuccessful DAO that saved Assange. When you hear such a story for the first time, you will think about who Assange is, why you want to save Assange, and you have to check Wikipedia. Great hindrance. Today’s popular Pepe, whose topic is to give up doge and other rubbish memes, PEPE will make memecoin great again, which has aroused the emotional resonance of the market. At the same time, PEPE itself is also a widely circulated MEME emoticon package, with the foundation of MEME.
Summarize
Summarize
Looking back at all phenomenal projects and summarizing them, it is inevitable to have the cost of hindsight, because before a project can become a phenomenal existence, there are elements of metaphysics. But from another perspective, the rise of any project must be inseparable from operators and stronger stakeholders. In order to attract wider attention, more groups will know and intervene. We will definitely consider how to make the project easy to spread, how to make the users who reach it willing to continue to spread it, and why the users who reach it should buy. Therefore, a rational review of commonality has practical significance.
When we see the next project, we should understand from the perspective of a trader and imagine whether this project satisfies the free, fair and group-wide distribution method, whether it satisfies the buying psychology of investors, whether it is innovative, and whether it is easy to spread Topics, whether it can arouse emotional resonance, etc. This naturally improves our grasp of phenomenal or projects with considerable gains.
But the premise that everything can never be forgotten is that the overall performance of the market is stable and the cycle with a low risk factor. And always set position management and stop profit and stop loss. Moreover, every wave of meme market sentiment in the market will lead to the collapse of the overall market in either a long-term or a short-term cycle, so it is necessary to maintain risk awareness.
