In the past two days, a MEME coin called TERMINUS has become popular. Its current market value is 24 million, which has increased 273 times in 3 days. There are 2977 addresses holding the coin.
TERMINUS means terminal in Chinese. In Musk’s Mars immigration plan, the first city built on Mars is called TERMINUS.
Is there any narrative left? No.
The TERMINUS token with the largest current market value and trading volume is located on Ethereum. Dexscreener data shows that the token was created on August 14, 24, and as of September 20, the token price was US$0.00084.
On September 21, the token began to rise for three consecutive days and is currently priced at $0.23, an increase of 273 times.
what happened?
The rise of TERMINUS is related to a Twitter account named Li Ping (@liping007), with 32,000 followers.
On September 21, he posted: The earth is full of vitality, but human civilization is actually quite fragile. How can it survive? Musk's answer is to build the first Martian city, Terminus, which is Musk's ultimate life goal.
The first message is the contract address of the MEME coin of Ethereum.
A dozen hours ago, Musk posted that SpaceX plans to launch about five unmanned interstellar spacecraft to Mars within two years.
Therefore, TERMINUS naturally "took over" this overwhelming traffic (wealth).
Who is Li Ping? According to his own introduction, he started to invest in Bitcoin in 2013, bought EOS, bought ATOM, and then became interested in MEME. He bought SHIB as soon as possible and bought it into the top ten positions, thus achieving financial freedom and becoming famous overnight.
Li Ping is influential in the crypto community and is a senior KOL.
It has to be said that TERMINUS is a MEME coin that was actively promoted, because as far as TERMINUS is concerned, there has been no special popularity recently.
At present, those who are optimistic believe that migrating to Mars is Musk’s ultimate goal, so as long as Musk is there, this concept can continue to play. And currently no major exchange has listed the token.
Those who are pessimistic believe that TERMINUS created a wealth myth in three days, and Li Ping and "his friends" are a huge selling pressure.
Data shows that a user spent 135U to buy the coin, which is currently worth $124,300. The coin has created many wealth myths.
Based on Musk and TERMINUS, some other concept coins have also been born recently, such as Starship.
Logically, Starship’s gimmick is no worse than TERMINUS, but the Ethereum chain MEME coin with the largest trading volume of Starship has a market value of only 340,000 U. Of course, it has also risen sharply.
Why is this happening? Do you understand?