Today’s Meme Angle Awards: Magical Dog + Cute Kitten, a thousand-fold increase in half a day?

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Author: TechFlow

Today is September 29, 2024, an ordinary day of rest (make-up) and rest (shift), and the on-chain market is also not resting. From night to morning, diligent on-chain players have new gains, and several new angles of Meme large MC memecoin have appeared: Dogecoin$Doge Founder Shibetoshi Nakamoto 's new kitten caramelo, the magic dog Point of dog...

What are these new concepts like, and which large MC memecoin with the same name have emerged? Without further ado, let's take stock!

Note: Meme token prices fluctuate drastically and there is a high risk. Investors should fully assess the risks and participate with caution. This article only shares information based on market hotspots. The author and the platform do not guarantee the completeness and accuracy of the content of the article. At the same time, this article does not contain any investment advice.

Point of dog

Today, I just opened my eyes and was flooded with the popularity and growth of the new dog meme $POD. After a little understanding, I found that this dog meme is not the pet of a celebrity, politician or founder, but a more "Meme" abstract image: Point of dog .

Judging from the pictures that have been flooding the screen, Point of Dog is more like a pure Meme character. The overall image is just the back of a dog's head, with various pictures implanted, playing the role of an "observer". This kind of abstract + convenient and fast secondary creation IP is a favorite target for Meme lovers. (Belike Another popular Solana Meme $MICHI )

Of course, having a fun IP is only the first step, and the conspiracy group is late but it is here. $POD launched Pump.fun at 2 am today, and it was fully loaded in about half an hour.

Pump.fun has used a familiar approach since its launch, with a wild rally. Less than half a day after its launch, its highest market value exceeded 10 million US dollars, and has now fallen back to around 4.6 million US dollars. The transaction volume has reached 22 million US dollars in the 12 hours since its launch.

The traces of the conspiracy group are very obvious. There is no nonsense at all. They just do things like pulling up the market and nothing else.

Dogecoin founder's new cat Caramelo ($melo)

The magic dog $POD's pull-up has not ended yet. Shibetoshi Nakamoto, the protagonist of the concept of "Dogecoin founder" who was popular on the ETH mainnet a few days ago , tweeted at 9:41 am to show off a new family member, the kitten caramelo, and "kindly" gave the abbreviation melo for the kitten. (Note from TechFlow: The kitten is quite cute)

Shibetoshi Nakamoto just tweeted that the coin with the same name $melo was immediately arranged, familiar uppercase vs lowercase, ETH vs Solana, abbreviation vs full name...

What's more, the project has already been completed by the CTO within two hours of the tweet being sent out...

Currently, the following tokens have relatively large trading volumes in the melo concept:

  1. melo ($melo) - ETH

24H trading volume: $2.9 million

Current market value: $770,000

Maximum market value: $1 million

Melo, the concept coin with the highest market value on the current ETH chain, is considered to have taken the "lowercase" pit from the name. The GMGN.AI monitoring tool shows that DEV itself has bought many times, and the TOP10 has a large number of holdings.

  1. Caramelo ($MELO) - ETH

24H trading volume: $3.3 million

Current market value: $567,000

Peak market value: $2 million

Melo is the concept coin with the highest transaction volume on the current ETH chain. The name is capitalized. The token initially surged and then fell back. It should be the capitalized branch that everyone rushed to at the beginning.

  1. caramelo ($MELO) - ETH

24H trading volume: $146,000

Current market value: $500,000

Peak market value: $620,000

This token was issued later than the previous two, and its market value and trading volume are much smaller. As of writing, it has not yet experienced a deep correction. However, there are still many sniper users who have not cleared their chips, and the TOP10 holdings account for a high proportion, so the potential selling pressure is very large.

  1. Caramelo ($MELO) - Solana

24H trading volume: $3.6 million

Current market value: $5.1 million

Peak market value: $10.1 million

The $melo of the ETH mainnet are competing with each other, while Solana is more focused. $MELO, which came out of Pump.fun, directly hit the market value of tens of millions with the full risk warning, which is quite like the style of a conspiracy group.

Meme participation is very risky, with unlimited opportunities and limited capital. Don't Fomo, don't All In, Over.

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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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