Original - Odaily
Author - Loopy
In the recent crypto market, in addition to inscriptions, the Meme sector is also very popular. Multiple tokens have continued to climb in price more than 100 times in just one week. Odaily has taken stock of many popular Meme currencies recently.
Risk warning: Meme is a high-risk market and involves great risks. The Meme coins reviewed in this article are all projects that have been hotly discussed in the community recently and have good trading volume. However, no project background investigation has been conducted, and they are all very early-stage projects with small market capitalization. Some projects have been issued for less than 24 hours.
There is a huge risk of zeroing in Meme in the early stage, so investors are advised to be cautious when participating.
Odaily note: Some tokens have been issued for less than 24 hours, and their 24-hour increase is based on the initial issuance price. The issuance price is artificially set by the LP provider and is not a reference.
Solana Ecology
The OKX market of Ouyi shows that the Solana token SOL token recently exceeded 88 US dollars, setting a new high for the year; the Solana ecology has become the focus of market attention, and Meme projects are emerging one after another, among which Silly Dragon (SILLY) performs the most dazzlingly.
In November this year, Solana Breakpoint 2023, the annual summit of the Solana ecosystem, will be held. At the summit, Solana co-founder Anatoly Yakovenko delivered a keynote speech in a Halloween costume. The topic of his speech has been ignored by no one, but his Halloween costume brought a Meme to the Solana ecosystem - Silly Dragon.
With this costume as the theme, Silly Dragon (SILLY) has risen rapidly in the past two days, with a maximum increase of more than 6 times in about two days, and an increase of more than 500 times from the low point. Currently, it has been listed on Bitget, CoinW, etc. A CEX platform.
The following are the most popular meme tokens in the Solana ecosystem recently. Data source: birdeye:
Silly Dragon
Token symbol: SILLY
Current FDV: $75.53 million
24-hour volume: $31 million
24-hour gain: +112.61%
Current number of currency holding addresses: 10, 383
dogwifhat
Token symbol: $WIF
Current FDV: $210 million
24-hour trading volume: $76.88 million
24-hour gain: +75.06%
Current number of currency holding addresses: 23, 601
Knob
Token symbol: KNOB
Current FDV: $7.26 million
24-hour volume: $3.35 million
24-hour increase: 2.64%
Current number of currency holding addresses: 3, 874
Melon Dog
Token symbol: MELON
Current FDV: $3.2 million
24-hour trading volume: $5.67 million
24-hour gain: +26, 608.66%
Current number of currency holding addresses: 3, 078
SOLANA SUPER-BONER
Token symbol: BONER
Current FDV: $1.12 million
24-hour trading volume: $5.68 million
24-hour gain: +60, 534.96%
Current number of currency holding addresses: 3, 807
Opie
Token symbol: OPIE
Current FDV: $1 million
24-hour volume: $1.36 million
24-hour gain: +1, 496.21%
Current number of currency holding addresses: 1, 995
Avalanche Ecology
Similar to Solana, the AVAX token has been growing by leaps and bounds in recent days. The OKX market shows that AVAX hit a maximum of 46 USDT in recent days, setting a new high for the year.
In the Avalanche ecosystem, it is not just inscriptions that are popular with AVAX, but also meme tokens.
COQ (Avalanche Chicken) is one of the representatives. Coq Inu is a chicken-themed meme created on December 8. Since its launch, COQ’s market capitalization has grown rapidly, peaking at $230 million. The developers of the COQ token have made it clear that the token has no intrinsic value and no financial returns should be expected, with its website clearly stating: “This coin is completely useless and is for entertainment purposes only.”
Currently, COQ has been listed on Kucoin.
The following are the most popular meme tokens in the Avalanche ecosystem recently. Data source: birdeye:
Coq Inu./strong>
Token symbol: GEC
Current FDV: $142 million
24-hour trading volume: $19.63 million
24-hour increase: -20.86%
Current number of currency holding addresses: 1, 443
Kimbo
Token symbol: KIMBO
Current FDV: $13.35 million
24-hour trading volume: $13.17 million
24-hour increase: -37.72%
Current number of currency holding addresses: 6, 156
Landwolf
Token symbol: WOLF
Current FDV: $3.54 million
24-hour volume: $1.18 million
24-hour gain: -43.7%
Current number of currency holding addresses: 6, 059
Gecko Inu
Token symbol: GEC
Current FDV: $3.54 million
24-hour volume: $1.07 million
24-hour gain: -43.7%
Current number of currency holding addresses: 6, 059
Conclusion
At present, with the improvement of the market, the copycat market seems to be taking off in an all-round way. But if we interpret it from the perspective of carving a boat for a sword, is the memes flying in the sky a prelude to another flash crash?
Odaily reminds investors that the meme market has huge risks. Please invest rationally and take precautions against risks.
