Author: Morph ambassador Ray
In this cycle, meme has become a consensus track for the general public. The "value coins" that are constantly being shipped have become the public enemy, and the opaque black box listing operations of CEXs have also forced retail investors to embrace the meme culture. Murad's theory of the meme super cycle has also been verified by the market, of course, meme is also constantly evolving in the market changes, from the initially cute animal images to the celebrity effect tokens and then to the AI Agent, the meme ecosystem has been thriving in Crypto.
However, the traditional Meme market is gradually deteriorating. Solana alone has more than 200 tokens related to AI Agents, with a market value of over $5 billion, and it is still growing. Solana and Base have become the training ground for countless P-players. One general's success means the death of a thousand troops, the PVP of Meme has already turned into a red sea.
Apart from the Solana and Base ecosystems, in another corner of the chain, Morph is quietly welcoming the meme season, and Morph is becoming the value depression of the early meme ecosystem.
Why is the Meme season quietly growing on Morph?
Morph is a global consumer-grade public chain, and as a Layer2, it has adopted a hybrid technical solution of ZK and Optimistic Rollup, and has chosen a decentralized sorting network for the development of the sorter. Its positioning is to become the distribution center for developers to build and expand the resources needed for large consumer market applications. Not only is the vision grand, but Morph has also been endorsed by top international capital. In addition to the top cryptocurrency exchange Bitget as an early investor, there are also top investment institutions such as Pantera Capital, Spartan Group, Foresight Ventures, and MEXC Ventures standing behind it, working together to build a consumer-centric consumer ecosystem.
As a consumer-oriented public chain with a global vision, as the public chain elimination race enters a gradually intensified stage, Morph still does not forget its original intention and always focuses on the needs of consumers. Morph has also keenly captured the love and pursuit of consumers for meme in this cycle.
The general development logic of public chains is to first launch a large number of basic projects, such as various DEXs, LSD, cross-chain, etc., and then attract users to brush volume through various kinds of points. Of course, these DeFi and Infra applications are important, but Morph knows that such a development model is only a stopgap measure. The results brought by the rigid "template" are ultimately a facade of peace, and Morph is more flexible and down-to-earth in the face of user needs.
And consumers have also chosen to vote with their feet, starting to "treasure hunt" on Morph.
Under the successive waves of AI Agent and meme, Morph has also ushered in an explosion of on-chain liquidity, and meme and agent-related concepts have started to rise across the board.
Meme ecosystem rises across the board, blue-chip assets hit new highs
The memecoin in the Morph ecosystem began to rise across the board on December 17th, with individual tokens like Kaola starting an endless "zero-clearing" rally.
Kaola, as the "little brother" of the Morph meme ecosystem, started to "rise from the ground" on December 17, with a daily increase of over 3000%. The token ticker of Kaola is the pinyin of the Chinese word for koala, and the reason for the surge is the hype around the burning concept. After the Kaola LP was completely burned on the same day, the market began to welcome the FOMO for Kaola, and after breaking through multiple new highs in a row, it is now in a correction range. It is still worth keeping an eye on in the self-selected area.
In addition to the meme newcomer that surged yesterday, the token with the strongest consensus in the Morph ecosystem currently is the AI Cecilia.
Cecilia is an AI Agent that can interact with users in real-time for 24 hours, issued by the Agent issuance platform SIYA as a Waifu anime character (Waifu in anime refers to the ideal partner or virtual character's lover in people's minds). Users can chat with Cecilia in real-time.
It is worth noting that AI Cecilia also has a distinction between uppercase and lowercase, but so far it has not developed a CTO narrative like Neiro and Eliza, as there are no conspiracy groups on Morph, only positive plans. Cecilia is also not a product of Cable, but the result of community consensus.
In addition to Cecilia, MORPHY is also very popular with the community.
MORPHY is a meme token with a koala image, and is the first cute image token. It is regarded as the mascot of Morph by the Morph community due to its "First Cutecoin" description, and has the strongest consensus among meme coins of the mascot type. Of course, the official has not yet made an official announcement.
MORPHY has also been on an upward trend since its launch, but has recently started to correct and consolidate, and is worth adding to the watchlist.
In addition to the meme tokens with stronger consensus mentioned above, Morph's meme ecosystem also has the following competitive tokens:
AI IKKYU: IKKYU is also an AI Agent issued by SIYA, with the image of a bald tough guy, forming a sharp contrast with Cecilia. IKKYU is also on an upward trend, with almost no correction. IKKYU's consensus in the community is also gradually increasing, with the potential to be the "dragon two" of the Morph ecosystem.
PEEL: The full name is Peelman, which is a meme image of an anthropomorphized banana. Its introduction is that it was reborn from a famous banana into a banana peel person, with a humorous and funny image. The "famous banana" is hard not to make people think of Justin Sun's recent high-priced auction of that banana. Currently, the number of followers is relatively small, but its unique image and copycat point have the potential to develop into a leading meme in the future.
FeetCoin: Feetcoin is a female-oriented meme token, which has started to break through after horizontal consolidation.
And the Kaola mentioned earlier with the burning concept.
BulbaSwap released a summary of the meme coins in the Morph ecosystem on December 27, with an average token increase of over 30%.
At the same time, memecoins have the nature of high volatility, and although the gains in the Morph ecosystem are pleasing, risk control and tool preparation are still necessary. So how can we better participate in the ecosystem and find our own alpha in this treasure trove of Morph?
Come to Morph's blue ocean and "surf", what skills do you need to master?
To do a job well, one must first sharpen one's tools. For those of us "newbies" surfing in Morph's epic blue ocean for the first time, how do we get started? What tools can help us better participate in the ecosystem? The most direct hands-on tool is the trading tool, among which Bitget Wallet, Kaboom and BullbaSwap are the top choices.
BitgetWallet
Bitget's rise in the market this round is evident, with its platform token BGB rising from $0.3 to over $4. Bitget's Bitget Wallet also shares the same user-first philosophy as Morph, with a user-friendly UI design, and was one of the earliest wallets to support Morph network cross-chain assets, and thoughtfully set up a Morph column. Users can browse all the meme tokens in the Morph ecosystem and their basic information by selecting the Morph partition column in the Bitget Wallet. Users can filter the tokens they like based on information such as price, increase/decrease, trading volume, etc.
At the same time, since the Bitget exchange behind Bitget Wallet is an investor in Morph, using Bitget Wallet will now have a bonus of Morph points. In addition to chasing meme, you can also earn Morph points, achieving a two-for-one.
Kaboom
Kaboom is a trading application focused on memecoin, currently supporting mainstream meme ecology-friendly public chains such as Solana, Base, Morph, and BNB. It also has app and Telegram bot versions to cater to the needs of different user groups. Kaboom provides a seamless trading experience through Telegram, lowering the entry barrier for new users, and simplifying the process of fund flow and withdrawal.
Since the meme ecology of Morph is still in the early "gold mine" stage, its API has not yet been integrated into mainstream meme dashboard platforms. Kaboom is one of the few mobile products that support the Morph network. Kaboom's product design is also highly social, allowing users to share after completing meme transactions, which is more conducive to the overall spread and use of the ecosystem.
BulbaSwap
BulbaSwap is the official DEX launched by Morph, and it strongly supports the meme culture of the Morph ecosystem. It has even launched a liquidity incentive program to further boost the development of Morph's meme, providing more liquidity support for users' meme transactions and bringing Morph's consumer-oriented vision closer to reality.
The fundamentals of BulbaSwap are also very optimistic, with TVL and trading volume constantly increasing, reaching $6 million and $5.7 million respectively.
Users can trade Morph ecosystem memecoin through BulbaSwap, and BulbaSwap also considers user experience, with a comfortable UI design that meets user habits, and "warning" labels for memecoin with rug risk.
BulbaSwap's official Twitter account is also worth following, as it tracks the dynamics of Morph ecosystem memecoin daily and shares early alpha information.
Beyond Meme, What Other Poems and Distant Lands Does Morph Have?
In addition to Meme, Morph's development is also focused on improving user experience and meeting user needs.
According to the "2024 Global Cryptocurrency Ownership Status" report released by Triple-A, the global digital currency user base will reach 560 million people in 2024, accounting for 6.8% of the global population, an increase of about 34% from 420 million in 2023. The number of monthly active mobile cryptocurrency wallet users reached a historic high of 29 million. Although the cryptocurrency industry has achieved more widespread adoption after the BTC ETF approval and Trump's inauguration, there are still many people around the world who have not yet been exposed to cryptocurrency assets. Morph was born for this reason, serving as a role to serve all new users who have not yet encountered cryptocurrency.
Morph has also proposed a three-layer growth strategy, committed to promoting the large-scale application of Web3 in a consumer-friendly way. The first layer: transform DeFi projects, making traditional DeFi projects more accessible to ordinary users; the second layer: focus on how to bring daily users to the chain and expand the use cases on the chain; the third layer: Morph will also launch Morph Pay, supporting fiat and cryptocurrency payments, simplifying the transaction process, and helping users solve the long-standing problem of fiat currency exchange.
Morph's ecosystem is also getting better and better, as shown in the following ecosystem panorama, with Infra, DeFi, and Consumer dapps all in place.
It can be said that as a consumer-oriented public chain with a global vision, participating in the Morph ecosystem is like stepping onto a new continent full of treasures.
*Meme coins have a high degree of volatility and risk, and readers are advised to do their own research and investment decision-making.
