Copycat projects are collectively backward compatible. What are the new popular Meme coins?

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Author: Climber, Jinse Finance

On November 15, the official Twitter accounts of multiple altcoin projects, including Litecoin, yearn.fi, Manta, TRON DAO, and Renzo, posted on social media joking that "given the current market conditions, I think we are actually a MEME coin project."

At the same time, the leading trading platform Binance has also listed two popular MEME projects, Act I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT), and their listing performance has been quite good. As a result, many community members have started guessing the next wealth code, and Jinse Finance has sorted out the current MEME coins with grand narratives, community heat, and high market capitalization.

Solana Ecosystem MEME Coins

LESTER

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On November 14, the Litecoin Twitter account (@litecoin) posted that "given the current market conditions, I now recognize LTC as a MEME coin".

Subsequently, the Litecoin-themed MEME coin LESTER on the Solana chain was launched, with its market value reaching a high of $100 million.

The current market value is about $60 million, with a price of $0.06 for the time being.

Shoggoth

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A character in science fiction stories, the Shoggoth with tentacles in the book "At the Mountains of Madness" has become a viral meme in the world of artificial intelligence, hinting at people's concerns about the possibility that artificial intelligence may one day become indifferent to humans.

The current market value is about $121 million, with a price of $0.125 for the time being.

LUCE

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The Vatican has announced the mascot "Luce" (Italian for "light") for the Holy Year 2025. Luce is dressed in a pilgrim's attire, wearing a yellow raincoat, with worn boots, carrying a missionary cross and a pilgrim's staff, and his eyes are full of scallop shells - symbolizing hope.

The current market value is about $225 million, with a price of $0.225 for the time being.

ai16z

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ai16z is the first AI VC fund, fully managed by Marc Andreessen and recommended by DAO members.

The current market value is about $200 million, with a price of $0.18 for the time being.

Bert

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Bert, the Pomeranian dog abandoned by its caretaker and then adopted by people.

The current market value is about $143 million, with a price of $0.145 for the time being.

MAYA

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A Samoyed dog wearing a Santa hat, looking very cute.

The current market value is about $29.8 million, with a price of $0.0029 for the time being.

The AI Prophecy (ACT)

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ACT is one of the few projects exploring how to interact with artificial intelligence, shifting from a one-on-one user/assistant mode to an open network.

The current market value is about $668 million, with a price of $0.72 for the time being.

Peanut the Squirrel (PNUT)

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Before being mistakenly taken away and euthanized by the NYDEC, it captured the hearts of millions on social media. Now it has become a symbol of the movement demanding reform of the current government's excessive intervention.

The current market value is about $177 million, with a price of $1.76 for the time being.

FREE Shayne Coplan

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The Polymarket investigation incident has caused a strong response in the crypto community, and this MEME coin was born around the Polymarket incident.

The current market value is about $20 million, with a price of $0.02 for the time being.

FRED

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The first convicted raccoon, "a New York man turned a rescued squirrel into a social media star named Peanut, pleading with state authorities to return his beloved pet, as they seized it in a raid, along with a raccoon named FRED."

The current market value is about $210 million, with a price of $0.2 for the time being.

Sui Ecosystem MEME Coins

HIPPO

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A hippopotamus-themed MEME coin on the Sui ecosystem.

The current market value is about $20 million, with a price of $0.02 for the time being.

BLUB

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A fish-themed MEME in the Sui ocean, with a current market value of about $46.2 million.

Cat and Dog Series MEME Coins

On November 14, cat-themed MEME coins saw a general rise, with multiple tokens such as Happy Cat (HAPPY), Simon's Cat (CAT), MIGGLES, MOG, and MEW reaching new historical highs.

Related tokens include: Happy Cat (HAPPY), Simon's Cat (CAT), MIGGLES, MOG, MEW.

"Government Efficiency Department" (D.O.G.E) related MEME:

The current market value of D.O.G.E on Ethereum is about $300 million.

The current market value of D.O.G.E on Solana is about $33.4 million.

Summary

MEME coins have clearly become the most lucrative track in this crypto cycle, with the market values of DOGE, SHIB, and PEPE already exceeding $10 billion. And the returns brought by many other MEME coins have far exceeded the so-called VC coins, which has also led many blue-chip altcoins to put aside the identity of institutional projects and compare themselves to MEME coins for attention. However, investors still need to be wary of the inherent risks of MEME coins, as their high volatility and lack of real value are the biggest pain points behind their high returns.

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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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