Memes to watch out for after the market rebounds, just read this article

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ODAILY
07-19
This article is machine translated
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Original | Odaily Odaily( @OdailyChina )

Author | Asher ( @Asher_0210 )

As the German government sold off all of its BTC holdings, BTC prices began to rise sharply over the weekend. At the same time, news broke early Tuesday that the US spot Ethereum ETF is expected to be officially launched on July 23. In addition, former US President Trump today appointed JD Vance as the Republican vice presidential candidate, and JD Vance has drafted crypto-friendly bills, which would be beneficial to the development of the cryptocurrency industry if elected. These good news have jointly driven the continued rise in BTC and ETH prices, and led to price increases in the entire cryptocurrency market.

According to CoinMarketCap data on July 17, among the top 100 cryptocurrencies by market value, the top four currencies with the highest 24- hour gains on that day were PEPE, WIF, FLOKI, and BRETT, all of which are Meme tokens. Obviously, when the market picks up or even shows signs of reversal, Meme Altcoin tend to show the highest gains. Therefore, after a small correction, in addition to Meme coins with higher market value, what other currencies in this sector are worth paying attention to or even "getting on board"?

Below, Odaily Odaily subdivides the entire Meme sector based on multiple dimensions such as project concept and social popularity, so that everyone can pay more attention to the entire sector. (Note: The track segmentation aims to find Meme coins with high community popularity and certain storytelling, and there is overlap in the division.)

Top 4 24-hour gains of the top 100 cryptocurrencies by market cap (July 17)

Trump Concept Coin

Previously, the meme craze led by Musk-related concept coin TROLL had set off a wave of wealth creation myths, but soon these concept coins were ignored, and the price of TROLL also fell by nearly 90% from its high point. This shows that character-related concept coins are different from "animal" meme coins. After the heat fades, the community will become deserted and no one will take over. However, Trump-related concept coins are an exception, because the US election in the second half of the year means that Trump's every move will affect these concept coins. At least before the end of the presidential election, these coins deserve special attention.

FIGHT

Trump retreats after assassination

Introduction: After the assassination, Trump greeted the crowd and shouted "Fight" before evacuating under the protection of agents and security personnel. Therefore, this meme has become one of the tokens that are still highly active. On that day, the ETH ecosystem and the Solana ecosystem each had the same FIGHT token, but after a few days of market selection, the FIGHT popularity of the ETH ecosystem was still very high, and the price was relatively strong, and it was obviously the winner.

Secondary market: Its price hit a high of $0.0825 on July 17. The price has fallen back to $0.055, with a market value of about $55 million.

Token address: 0x8802269D1283cdB2a5a329649E5cB4CdcEE91ab6

MAGA (TRUMP)

Introduction: A Meme coin named after former US President Trump and his campaign slogan "Make America Great Again" (MAGA).

Secondary market: Its price hit a high of $17.5 in early June. Currently, the price has fallen sharply and is currently at $6.35, with a market value of approximately $293 million.

Token address: 0x576e2bed8f7b46d34016198911cdf9886f78bea7

MAGA (MAGA Hat)

MAGA Hat

Introduction: Trump hat, MAGA represents a broader movement with a strong community.

Secondary market: Its price hit a high of $0.00074 at the end of May. Currently, the price has fallen sharply to $0.000156, with a market value of approximately $64 million.

Token address: 0xd29da236dd4aac627346e1bba06a619e8c22d7c5

Solana Public Chain

BONK

Image source: Official Twitter

Introduction: BONK is the first Solana version of Dogecoin for the general public. BONK was established to oppose the "Alameda" token economics, such as the fraudulent tokens FTT, SRM, OXY, MAPS, etc. launched by Alameda on Solana, all of which have low circulation and high FDV, which makes it easier for them to manipulate prices, not only disrupting the market, but also causing most investors to lose a lot of money. BONK hopes to make an interesting meme coin so that everyone can get a fair chance and investors will not be subject to similar price manipulation again.

Secondary market: Its price hit a high of $0.0000455 in early March. Currently, the price has rebounded to a certain extent, temporarily reporting $0.0000270, and its market value is about $1.88 billion.

Token address: DezXAZ8z7PnrnRJjz3wXBoRgixCa6xjnB7YaB1pPB263

GME

Introduction: GME is a tribute to the legend of GameStop, a pure digital force of collective belief and the power of the weak. The YouTube anchor "Roaring Kitty", who once helped drive the stock price of GameStop soared, returned to Twitter after three years and posted a picture, which instantly made the Meme coin GME popular.

Secondary market: Its price hit a high of $0.0319 at the end of June. Currently, the price has fallen sharply and is currently at $0.0059, with a market value of approximately $41 million.

Token address: 8wXtPeU6557ETkp9WHFY1n1EcU6NxDvbAggHGsMYiHsB

BTC public chain

The hottest ecosystem in this round of bull market, although the popularity of the inscription sector has faded, its popular Meme coins are worthy of special attention.

SATS

Introduction: BRC 20 token, a currency based on the concept of the smallest unit of Bitcoin, with a total of 21 million. Unisat officially proposed it as the gas fee consumption token for BRC-20 DEX, and on July 7, Unisat once again expressed its support for SATS as the gas fee on L2.

Secondary market: Its price hit a high of $0.000000923 in December last year. The current price has fallen sharply to $0.000000266, with a market value of approximately $557 million.

Token address: 9b664bdd6f5ed80d8d88957b63364c41f3ad4efb8eee11366aa16435974d9333i0

PIZZ

Introduction: The PIZZA inscription was previously launched by UniSat to commemorate the 14th Bitcoin Pizza Festival and airdropped to platform users for free. Unlike the previous public minting of inscriptions, users can claim it without spending any extra fees.

Secondary market: Its price hit a high of $7.26 on June 10. The current price is nearly halved, temporarily reported at $4.09, and its market value is about $86 million.

Token address: 42ed2e06688759d306d6f67ba20709af05121b19885e7366bf5c4301399d359di0

DOG

Introduction: Ordinals developer and Runestone project founder Leonidas airdrops a Meme project for Runestone users.

Secondary market: Its price hit a high of $0.00976 on June 4. The current price has been halved to $0.00388, with a market value of approximately $387 million.

Base public chain

The Base public chain backed by Coinbase has also attracted a lot of attention in this round of bull market, and many popular projects have appeared in the Meme sector in a short period of time. The surge in MIGGLES in the past two days also shows that there are a lot of active funds in this sector.

MIGGLES

Image source: Official Twitter

Introduction: Coinbase launched the Mister Miggles short film and opened Mint on July 18 to celebrate the future of the Internet. The meme coin MIGGLES was born. At the same time, Base founder @jessepollak spent 0.3 ETH to buy the meme token MIGGLES and tweeted "GASLESS MIGGLES", which caused the project to become popular.

Secondary market: The current price is $0.079, with a market value of $78 million, close to the all-time high of $0.0825. (Compared to other projects, MIGGLES is currently very popular and the price is high. If you want to participate now instead of ambushing, there is a risk of chasing high prices, so you need to do some research.)

Token address: 0xb1a03eda10342529bbf8eb700a06c60441fef25d

BRETT

Image source: Official Twitter

Description: Inspired by the characters from Matt Furie's Boy's Club comic book series, which also gave birth to the infamous Pepe the Frog Meme. This token has developed a niche audience within the cryptocurrency community.

Secondary market: BRETT is the Meme project with the highest price performance in the Base ecosystem. Its market value ranks 69th at US$1.377 billion. This shows that its community is strong and deserves special attention.

Token address: 0x532f27101965dd16442e59d40670faf5ebb142e4

DEGEN

Image source: Official Twitter

Introduction: DEGEN is the most popular Meme coin in the Base chain. In the social application Farcaster, users can use DEGEN for rewards.

Secondary market: Its price hit a high of $0.0645 at the end of March. Currently, the price has fallen sharply and is currently at $0.0063, with a market value of approximately $78 million.

Token address: 0x4ed4e862860bed51a9570b96d89af5e1b0efefed

MFER

Image source: Founder's Official Twitter

Introduction: Sartoshi, the founder of the NFT project Mfer, issued mfercoin on the Base chain with a fixed supply of 1 billion pieces. There will be no additional issuance, no pre-sale, and the project initiator will not distribute mfercoin. Sartoshi said that a small amount of funds will be invested to support its liquidity. Mfercoin is a typical Memecoin that is not for profit. The price exceeded $0.2 on the opening day, and the market exceeded $200 million.

Secondary market: Its price hit a high of $0.264 on the second day of trading and then continued to fall. Currently, the price has fallen sharply and is currently reported at $0.018, with a market value of approximately $78 million.

Token address: 0xe3086852a4b125803c815a158249ae468a3254ca

Injective public chain

The public chain Injective is rarely mentioned in China, but it is hotly discussed abroad, and the price performance of its token INJ is also very good in this bull market. When Injective is paid more attention by more people and more TVL pours in, the Injective ecosystem may become popular again in the Meme sector, and a leading project will be born. This is an ambush in advance, with small funds betting on a surge in prices. Therefore, based on the current popularity of overseas communities, we will introduce two Meme projects to you: "Dog" NINJA and "Cat" KIRA.

NINJA

Image source: Official Twitter

Introduction: NINJA is the first Meme coin in the Injective ecosystem to be spread by overseas communities. Similar to other Meme coins, NINJA is a Meme coin without any intrinsic value. The project has no roadmap and no formal team. The project introduction states: "The project is completely useless, except that it is a dog and it has a nunchaku."

Secondary market: Regarding NINJA, the total amount is 1 billion. Its price hit a high of $0.0433 at the end of November. The current price has fallen sharply and is currently reported at $0.00422, with a market value of approximately $4.2 million.

Token address: factory/inj1xtel2knkt8hmc9dnzpjz6kdmacgcfmlv5f308w/ninja

KIRA

Image source: Official Twitter

Introduction: Regarding KIRA, we need to mention a person named Mirza (Twitter: https://twitter.com/TheMirza_ ), who is a core contributor to the Injective ecosystem. KIRA is a Meme project created after his own cat’s name.

Secondary market: Regarding KIRA, the total amount is 69 billion. Its price hit a high of $0.00025 at the end of November. The current price has also experienced a sharp correction, temporarily reporting $0.000129, and its market value is about $3.3 million.

Token address: factory/inj1xy3kvlr4q4wdd6lrelsrw2fk2ged0any44hhwq/KIRA

Recommended tools

For projects that were once very popular and have a continuously active community, it is relatively easy to choose the tools needed to ambush in the secondary market.

When it comes to purchasing tokens, the OKX Web3 wallet is recommended. It is simple to operate, easy to get started, and you can also see the K-line.

On the web, Dexscreener can be used to view the K-line and other information of Meme coin, and it is recommended to use it.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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