foreword
Cheems is the fourth golden dog I have judged this year, and it is probably stronger than the $bonk $aidoge and $pepe that I wrote before. , I haven’t posted it yet, and now the price has dropped for a few days, so I can share it with you.
This article is not only a project research report, but also a methodology. It should be of some help to everyone in Dajingou. If you have not read the relevant theories, you can take the time to look back.
"A Minimalist Guide and Essential Tools for Red Dogs and Golden Dogs"
"How to find the big golden dog? "
If you don’t want to read the main article, and you’re afraid that my article will be too fermented, and you want to build a bottom line first and then read it slowly, just follow the tutorial:
"Tutorial: Cheems Purchase & ZK ERA Mainnet Usage Tutorial and Risk Warning "
A few days ago when I listed it on Twitter as the 6th currency of "Charity One Day Donation", the price was 0.0X17, and now it has almost doubled, up to 4 times in the middle.
The reason why I haven't written in the next few days is mainly because the project is not open source, and the risk exists objectively. However, after continuous observation in the past few days, I have discovered many things, such as:
The price fell, and the official issued a waterfall chart instead. Others are desperately trying to protect the market, why are you so calm as an official?
The price has dropped, and 80% of the people in the comment area are asking when it will be open source. The official posted a picture of the cooperation with zk and then there is no sound.
The price has dropped, but the liquidity pool has risen from 200,000 U to 1 million U...
If something goes wrong, there must be a demon, now let's pick it up!
1. What is Cheems?
Official website: cheems.pet
Official Twitter: @LordCheems_ has followed 12,000 people, and the number has grown steadily since its launch
contract:
0xd599dA85F8Fc4877e61f547dFAcffe1238A7149E
Cheems is the most popular MEME after Doge, and it is different from DOGE's strength. It is always bullied, but always optimistic. It became popular a few years ago, such as the well-known comparison chart:
For relevant background information, please refer to:
English: Swole Doge and Cheems
英文: "Counseled and useless, he is the most popular dog in the world"
I am also curious about how the popularity compares with that of PEPE. I searched separately on the B station that I often visit, and the results were astonishing. According to the number of views, Cheems is all tens of millions of videos, while pepe is obviously much less. Maybe PEPE Classic, but maybe dog lovers or more?
The following is a comparison chart:
Cheems officially seized its characteristics and launched the $cheems token in the name of meme king to pay tribute to all ordinary people who have the spirit of Cheems:
You may experience various crashes, RUGs and crashes in the currency circle, but you still remain positive and optimistic, and believe that you will become rich!
But in fact, every MEME is paying tribute, but I think the mouse warehouse is reserved by the team, this is not called paying tribute, it is called harvesting!
I have been looking for a MEME that is truly fair, has no reservations, and has no rat warehouses. Only in this way can I have the gene to become a king——Everyone buys fairly, buys what you understand first, and buys what you don’t understand. No one is allowed to be unconditional Get a lot of money.
The cheems official website promises: it will give up the contract, 0 tax, no team share, no income, 100% to the community.
As a result, I became interested in it immediately, because he has a good narrative, a good model, and a successful foundation, but of course this is not enough, so I continued to follow up and investigate and found more interesting things.
2. What are the characteristics of the Cheems project?
1. Extremely fair: no one can rat the barn
Why do people play meme instead of playing king-level value projects? Because retail investors want to be fair, not cut off!
The biggest problem with PEPE is that, like other so-called 100% community-owned projects, the early 0-cost positions go in first—this kind of mouse warehouse method is common for those who participate late, and there are some risks in gambling. You don’t know whether others will It will be smashed, when will it be smashed.
I was looking for a better model until I saw Cheems.
It's 100% tokenized to the community, no rat warehouses — no reservations!
How did you do it?
He adopts 100% token airdrop, the airdrop has strict conditions, and there is no radish pit for the project party; a claim is required for claiming, and the gas fee of the claim is the initial cost of the token!
Let me talk about the conditions first.
The routine of many projects is to say that 100% of the tokens will be given to the community, but in fact they can be bought out at 0.24e before launch, which is 100% false.
But cheems has designed airdrop snapshot rules:
Have used the ZK official cross-chain bridge, and have users with more than 0.01eth in the wallet
or
$PEPE or $AIDOGE in the wallet
These two rules, especially the first one, I always suspect that the project has some connection with the zk official, which is more conducive to the zk ecology.
These snapshot rules determine that there is an upper limit for eligible addresses, and there is also an upper limit for the airdrops that each address can receive. Those who do not meet the conditions cannot get airdrops.
Other projects: airdrop 1 million addresses, but give 90% of the coins to 20 of them...
cheems: Airdrop 1 million addresses, each address has an equal amount, and requires a high gas fee.
By the end of the two days before the collection, because the price fell, the cost of collection was only higher than gas, and many people did not use the zk network, did not receive, and the unclaimed tokens were burned directly, and the total amount dropped sharply from 690 to 295.
2. Extremely pure: no routine, concise and powerful.
Aidoge and pepe are the two hottest new memes before.
The former has an exquisite economic model, high taxes, and layers of dolls in lottery draws;
The latter is very streamlined, 0 tax, burning LP, etc. are all good. The only shortcoming is that the cost of holding large positions in the early stage is low, and the proportion is extremely high. According to tweets, it is said to be more than 90%?
And cheems has improved on this, extremely pure: 0 tax, lp burned, telegraph, dc not.
Especially the collection cost is very delicate. It's like a social experiment: are you willing to spend GAS to receive a gift that may or may not be valuable?
Whether you are a project party or a retail investor, anyone who wants coins and wants to participate will have to pay a cost — no one can cheat on this cost, and it is a fair cost for the project to start.
This is as fair as Bitcoin’s POW mining. If you are optimistic about it, you can pay the electricity fee to mine it. I don’t know if it’s worth it after mining it.
It is also to exchange currency with GAS. It is not enough to learn the XEN model for a few days, but the simplicity and purity of Cheems are much more beautiful.
From this point of view, the cheems project has only received several million dollars in airdrops at the start-up stage, plus the millions of dollars in gas spent by everyone when receiving them. This kind of start-up posture is not for any country Dogs can compare.
However, I didn't realize this when I looked at the official website at first, and I didn't realize that the cost was really high until I went through the claim process myself.
First, I need to cross-chain a little eth from arb as a gas fee, because I have never used the zk network — I can also interact with zk. If you refer to arb, it may be so simple, and you can send thousands of u when you send an airdrop.
Roughly speaking, the cost of the airdrop is around 10–15U. At that time, it could sell 30U. Later, the airdrop smashed down to a minimum of 10U. In the end, it rose while smashing, but the amount that could be claimed was halved every few hours, so basically Those who can get it probably have a profit, but it is not high.
3. The cloud is calm and the wind is light: the team is very strong
Compared with the strength shown behind the above data, the calmness of the team is even more surprising. I wonder what kind of team this is?
Because there is no open source, but I don't want to miss a possible good project, so I have been observing the situation on the chain these days.
I noticed that the airdrops have been smashing, but there have been some buy orders, and the liquidity pool has gone up and down, the price has fallen, and the pool is still growing.
You know, after the price falls, the value of the pool will also decrease because the price of the currency is low (sometimes novices will think that the pool has been withdrawn), but the price has fallen here, and the pool has come from 200,000 u to 100 u. Wan u.
This also looks like a project to zero and rug? Nothing like it!
Rug has two premises: the team has no strength; the team has made money.
The cheems team is strong, but the team has no money at all, so there is no need for rugs at all, so Lenovo officials say that they are working with zk officials on some things, and I always feel that something is about to happen.
I seriously doubt that not open source is just a routine!
I further speculate that foreigners don't work on weekends, do they plan to do things on Monday? Is the rhythm specially controlled?
This is also the reason why I posted the article first today, and if I don’t post it again, if I guess right, it will be an afterthought.
Now I am trying to only post early days, not posting when it rises, and sending it again when it falls—otherwise, I will always be watched by the dealer for shipping, and it is easy to get slapped in the face.
Look at the official tweet again.
It's all innocuous: for example, I wake up in the golden bathroom in the morning, that in the middle of the day, and the beauty in the evening, and so on.
It's not like a "sluggish project" whose price is falling.
ps: The dog barks in space, maybe foreigners like it, but I couldn't bark, and I didn't participate in it later.
So, they are either idiots, or they are really not in a hurry!
Well, then Peng Yuyan is not in a hurry, and neither am I!
The team is strong, I have confidence!
Many people think that MEME does not need a team, just tell a story, everyone shouts and rushes, but in fact these are a waste of time. I understood very early on that if you have not succeeded in any project relying on retail investors, you will be raging, and you must have a strong team!
This is also when I saw everyone in the group rushing 800 coins a day, full of such air and garbage: Many people really don’t understand meme!
4. The space is huge: the dragon head meme on the dragon head ZK
I tweeted my summary of the three laws of MEME, the first of which is: the market value and cost of the chain determine the upper limit of MEME.
First of all , the highest cost is the BTC chain, which is why I am optimistic about ordi above. If the ecology becomes successful in the future, ordi 100 is not a dream! Of course, if the ecology fails, of course it will return to zero in situ.
Followed by the ETH chain, there are doge and shib on it, a meme with a market value of tens of billions.
Then there is the zk chain, the mainnet has only been online for 2 months, and the above address has already exceeded 1 million, and the gas fee is currently too high.
Then there are other chains, such as ARB>OP> other new public chains such as sui. The weaker the chain, the weaker the project, and no one plays it.
As we all know, V God has always been the most optimistic about zk, thinking that its zero-knowledge proof is the future of Ethereum.
If God V is right, it is reasonable for ZK to surpass ARB;
If L2 becomes the mainstream, it is reasonable for ZK to become the largest ecology;
Therefore, I have always had an obsession: there must be an ace meme on zk, and this meme will become the boss of l2 along with zk, and gain huge room for growth with the vigorous development of l2.
5. Right time and place: the timing is perfect
In the process of using DEXTOOLS to look at the ZK chain every day to find the golden dog, I found that many projects on ZK are all RUG. I counted, at least 10 or more MEMEs ran away!
I thought about it for a while, and the reason is actually very simple, because the mainnet launch time is very short, and the preparation of a high-quality project takes time, and it takes time to build an excellent team and come up with ideas.
Therefore, it is not surprising that the above early projects have run away a lot — this also reminds everyone that for all kinds of new projects on the mainnet, whether it is nft or meme, don’t rush too fast.
Conversely, when a chain is full of running projects, how do you see the next development?
Personally, I think: this situation is the easiest to get a big golden dog - because the ecology desires this!
This is why I discovered BONK at the beginning of the year. At that time, SOL collapsed, and the above ecological projects fell by 99%. The media were writing articles saying whether SOL was coming to an end. There are so many developers, players, and project parties on it, I definitely don't want this!
At this time, BONK came, and against the consensus of ridiculing SBF, it kept rising, and all of a sudden it got the support and attention of various project parties.
At that time, I said that it was the cry of the whole ecology.
Now that there are so many running boards on ZK, people are eager for divine boards.
The first thing I saw was ZKDOGE, but there were no special highlights in its distribution and other aspects, and the operation and other aspects did not attract me too much, especially the declining transaction volume made me give up my attention —— I pay great attention to the "volume price" indicator.
I saw something like the picture below when Cheems received the airdrop, because the transaction activity appeared at the top of the Dextools list, and the number of currency-holding addresses continued to increase. I began to notice at that time that something was wrong. ?
It's too strong.
After the airdrop was received, the pool has been small. There was only a pool of several thousand U when the airdrop was received before. In addition, the contract was not open-sourced. I have not dared to buy more. After all, RUG is RUG. Is there a bug in the code? So I have been watching the official news, but there is no open source.
Later, even though my "charity one-day donation" wrote this coin, I also reminded that the contract was not open source, etc., but it took two days to post it. Before that, I asked a technical master to help me look at the code (I didn't expect him to pay attention to it):
But it turns out that you can't see anything without open source, so I gave up.
But after that, a few friends and I have been paying attention and making inferences, including speculating whether we want to wait for the airdrop to be released before open source, including whether it is possible that the official will deliberately suppress the open source, and release it as a benefit later, etc.
At the same time, I found hot coins on followio.io, and noticed that its popularity continued to rise against the background of falling prices, and it has reached Hot 2 — this is a script I am very familiar with when discovering bonk.
Later, the master told me that this official is unusual. When the airdrop was the most violent, the pool was always a few thousand u, but after the airdrop was received, it reached 200,000 u.
He said that this is because the people who add the pool don’t want the price to rise too fast, because the pool is small, the buying will not be big, and it can be dropped by a little bit. In this way, retail investors can’t chase high, and they will definitely be caught. Stoned to death.
Therefore, many details can see the official level.
This is the first time I heard that there are project parties who don’t want the project to grow too fast. This is full of love for retail investors, or maybe it is confidence and calmness in strength.
in conclusion:
Extremely pure and extremely fair, every coin has a cost;
The team has first-class rhythm and strong strength;
The liquidity pool is huge, with a market value of 9 million, and the pool is currently more than 1 million. It is suspected that it has a close relationship with the official;
The leader on ZK is undoubtedly, and ZK will be the leader of L2.
Personal operation:
Donate and buy the previous day;
In the morning, I saw that the pool was bigger, and I increased my wages by one day;
Open source later plus a day's salary.
This will be my first " 3-Day Charity Donation ".
Hope it gets on Binance.
————
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