This meme dragon has now become almost a recognized spiritual totem in the Solana community.

Yesterday, the Meme token SILLY on the Solana chain rose above $0.15, continuing to hit a new all-time high. Currently, the top ten SILLY currency holding addresses (excluding CEX addresses) account for 18.5% of the total SILLY supply. Among these addresses, the highest floating profit is 27,000 times and the lowest floating profit is 0.7 times. The average floating profit is 30 times. Most of them were bought at an extremely early stage and held until now.

What was the “origin” of the memetic dragon in its early days? Who is spreading stupid dragon? What did Silly Dragon do right on the road to becoming Solana’s royal Meme? BlcokBeats will tell you one by one in the following article.

The “origin” of memetic dragons

Silly Dragon dates back to September 6th.

On that day, Anatoly, co-created by Solana, posted a mysterious message on social media, with just three blue dragon emoticons accompanied by two words: "Silly dragons." In this way, "Silly dragons" were quietly born in the Solana community and became their self-deprecation and symbol.

However, despite being full of fun, Silly Dragon did not create an immediate craze. It is like the old proverb "don't use the hidden dragon", silent and almost forgotten.

It wasn't until Solana's annual event, Solana Breakpoint, that the story took on a new lease of life. Solana's founder took on the role of the legendary silly dragon, breathing new life and meaning into the character, turning it into a viral meme that electrified the entire community.

Solana Annual Summit Hidden Easter Eggs

Solana Breakpoint is an annual Solana community conference organized by the Solana Foundation. It is a grand celebration of the achievements of the Solana community and an inspirational exploration of the next industry development.

From October 30 to November 3, the third Solana Breakpoint was held in Amsterdam. The event brought together 3,000 Solana developers, verifiers, founders, core engineers, ecosystem teams, etc. to discuss the latest developments and future roadmap, The conference centered around the topic of substantial technological advancements and resiliency that will define the next generation of blockchain networks.

Projects such as SIMD (Solana Improved Documentation), Helium, and Helius mentioned in this summit all performed brilliantly. In particular, Helium used the DePIN narrative to achieve an intraday increase of 110% in its token MOBILE on December 14. Leading the single-day rise in DePIN track-related tokens. In addition to the sharing and introduction of each project, Solana's co-founder Anatoly Yakovenko's appearance sparked heated discussions.

On the opening day of the summit, which coincided with Halloween in the West, Anatoly appeared in a green dinosaur costume and became the most unique and eye-catching presence at the summit.

Anatoly stood in front of everyone and introduced himself: "I'm Anatoly, and I'm a silly dragon" (I'm Anatoly, I'm a silly dragon). After saying this, Anatoly smiled sheepishly. The audience at the venue was also amused.

The motto of the Solana community is "Do the hard things first," and Anatoly's appearance and words are not only self-deprecating, but also a philosophy. "I'm standing here in a dragon suit, and it's critical for us to talk about what we're building and why we're building it," he explains. "We need to know what our goals are, what exactly we want to achieve. .”

After the summit, the image of Silly Dragon also appeared in the Solana community. On November 8, Anatoly posted "year of the silly dragon" on the social media platform, injecting fresh and playful energy into Solana's narrative. As 2024 approaches, this sentence also happens to correspond to the upcoming Year of the Dragon. This wave of narratives is also more likely to be welcomed in the domestic community. People are full of narratives and innovations that may unfold around this silly dragon. expect.

Afterwards, Anatoly followed SILLY’s official Twitter and loudly called for the “Silly Dragon Meme is urgently needed”. This move not only caused the value of SILLY coins to rise, but also became a good story. Now it seems that Anatoly's appearance at the summit in a silly dragon costume was not only a humorous self-expression, but also a cleverly arranged easter egg.

Who is spreading the word Silly Dragon?

On November 9, Solana builder Matty Taylor followed Anatoly's footsteps and posted a thought-provoking comment on social media: "Don't take yourself too seriously. There is a silly dragon in each of us." This The words of a researcher who wrote a thesis on Bitcoin economics as an undergraduate and was deeply fascinated by cryptocurrencies and now focuses on the growth and expansion of Solana resonated with the community.

At the same time, as a Solana NFT expert and managing partner of Frictionless Capital, Legend (@SolanaLegend)’s feelings for Solana can be described as “love at first sight.” Legend also liked the Ethereum ecosystem very much at first, until he discovered the huge gas of Ethereum, which made him realize question. It happened that his friend's venture capital firm participated in Solana's seed investment. After seeing Solana's performance data, Legend was immediately attracted.

On November 16, Legend posted a concise tweet on social media: "It's Silly Dragon Season." Under this tweet, some community members expressed their hope that a "Silly dragon token" would appear.

On November 18, LacedUp (@HODLonBRO), the ambassador of Solana wallet Solflare, also expressed his opinion: "I am very happy to work for Solana." The phrase "What a silly dragon" in the comments has become a commonly used Meme statement in the Solana community, used to praise and laugh at the "silliness" of developers who are obsessed with building Solana.

Solana community members reposted the first dragon meme, an illustration named Drako, "When I was still imagining the possibility of dragons existing, a silly dragon came and fascinated me. Let's do it together Rewriting the Solana Meme Epic."

On December 8, Yaoyao (@ynonestop), who is responsible for the growth of Solana, combined the two words "silly" and "Solana" into "Soylano" and also posted , "2024 is the Year of the Dragon in China, and this will be the Silly Dragon ( Soylano’s Year of Crypto.”

It is worth mentioning that the narrative of dragon culture is not Solana’s unique innovation. In fact, as early as March this year, the LONG inscription representing the small-scale western dragon appeared in the Bitcoin ecosystem, and the DRAG inscription and the DADA inscription representing the eastern dragon were launched in April. The community also joked that this was "something "Fang Long's Duel", which all show a modern interpretation of ancient legends in cryptocurrency culture.

In the Solana community, the popularity and spread of the Silly Dragon Meme happened at the right time. As the Year of the Dragon approaches, this image not only caused celebrations for the Year of the Dragon, but also brought unprecedented attention and liquidity to Solana. In the digital currency market, a meme with the characteristics of the founder can often inspire craze and even trigger a short-term Fomo effect.

For example, the Meme coin themed after Ethereum founder Vitalik's cat Hemule once topped Dexscreen's trading popularity list. Avalanche co-founder Kevin Sekniqi's dog Bear has also become another popular Meme. Even the Metis ecosystem has launched a Meme coin VMUM named after "Vitalik Mother", and even her cat Barsik has become part of the Meme.

The Solana community clearly draws inspiration from these phenomena. In line with Anatoly's Halloween image and "silly dragon" avatar, this community cleverly combines ancient dragon culture with the modern digital world to create a unique and engaging story. This is not only a modern interpretation of ancient legends, but also an interesting exploration of how the digital world merges with traditional culture.

The Solana community needs a Meme that can represent its spirit and culture, and the birth of Silly Dragon is just right. With the spread of the Solana community and developers and builders, the right time, the right place and the right people, everything fell into place.

Becoming Solana’s “Queen Meme”, what did SILLY do right?

Twenty days after the summit, a social account named Drako ( @DrakoSolana ) came into people’s view. Its avatar and text came from the classic silly dragon Meme. Regardless of the time of its establishment or the attention paid to its early tweets, @DrakoSolana’s performance far exceeds that of Silly Dragon as we know it.

However, one regrettable fact is that despite its growing influence, Drako has yet to launch its own token. This leaves room for $SILLY today. The emergence of SILLY seems to fill this gap and become a new choice for community members seeking a digital currency related to Silly Dragon.

The Birth of Ace Meme Coin

With the creation of the social account of this green silly dragon anime avatar, the first tweet was released, "Year of the Silly Dragon", and the ace Meme coin $SILLY was born.

The image of this green dragon corresponds to the tweet Anatoly posted in early November, and the color and image also correspond to Anatoly's Halloween costume. However, in the early days, the tweets were published without any tags to facilitate indexing, and the number of retweets was very small, so they did not receive widespread attention.

On December 4, Silly Dragon’s token contract SILLY was successfully deployed. This move added a new chapter to the Silly Dragon story. Immediately afterwards, Silly Dragon began to actively announce its community deployment on social media, including the official website, telegram group, vision description, and token listing news on Solana Raydium and Jupiter exchanges. Silly Dragon's vision is described as a symbol of the intersection of art, passion and the power of Solana, demonstrating a new way of storytelling that transcends digital boundaries.

Under the narrative of SILLTY, it is more than just a token, but is creating a legacy of unity and artistic expression, driven by the revolutionary power of blockchain technology. Every holder, every enthusiast is an important part of this journey, contributing to the narrative that transcends digital boundaries. In the realm of silly dragons, art and soulfulness merge and innovate, announcing a time when communities write history together.

At this point, the account has been recognized by the community as the official Twitter account of the Silly Dragon Project. On that day, Silly Dragon officially posted "Leave your wallet." As soon as the news came out, the number of retweets and likes on the tweet increased by an order of magnitude, and the image of Silly Dragon officially entered the public eye.

Catch up on Solana Meme Season

Of course, Silly Dragon did not let go of this huge wave of traffic, and immediately held a Silly Dragon Art Competition . Users can freely create pictures in the image of Silly Dragon and post them in the comment area. The top 5 entries that like and repost can receive 1,000 SILLY tokens. currency. The competition brings together a large number of crypto enthusiasts, such as bitget ambassador @Cryptozone04 and KOLs such as @heyjerey_ and @CRYPTOKRALI3 .

On December 8, the Silly Dragon Chinese community was established . The image is a Silly Dragon wearing a red Tang suit and holding a Chinese flag. And on December 12, the official Silly Dragon Video Contest will be held, which will award 1 million SILLY tokens to the top three TikTok video creators who can best tell the Silly Dragon story (including all the latest updates).

It was also on this day that Anatoly followed the account, but this did not attract large-scale attention. According to birdeye data, the price and trading volume of SILLY only increased slightly that day.

On December 16, Anatoly posted on the social media platform that "the Silly Dragon Meme is urgently needed", which successfully ignited the enthusiasm of the community and the price of SILLY increased significantly. As a result, Silly Dragon has become a popular Meme in the hearts of the Solana community.

There was another big thing happening in the Solana community at that time.

Each Saga Web3 mobile phone launched by Solana will come with 30 million BONK tokens. Due to the sharp increase in BONK at that time, the value of the donated BONK exceeds the selling price of the mobile phone itself. According to the news learned by BlockBeats, Saga is currently on the second Premiums on the premium market reach 500%, with sales prices as high as $3,000.

This unique marketing strategy not only increased the sales of Saga mobile phones, but also triggered the Meme Season in the Solana community. ZERO, COQ, !knoB, WIF, etc. have all become hot topics in the community.

A trader made a huge profit of $1.47 million in just five days by trading the Meme token WIF. The transaction volume of Solana DEX also exceeded 5 billion US dollars, setting a new historical record again, and even surpassed Ethereum within 24 hours.

Related reading: " Solana The earth dog season continues to be hot, have you made this wave of quick money? 》

Riding on the windmill of Solana native Ji Shun, Silly Dragon ’Official Twitter post hinted at an airdrop plan, making the Solana community even more fomo. The accompanying video shows a Q version of Anatoly wearing a silly dragon cosplay suit, and this tweet was also forwarded by Anatoly.

Since then, SILLY has experienced an impressive surge in market capitalization and trading volume in two days, reaching $30 million in trading volume on the Swap|Jupiter decentralized exchange and rising from zero to nearly $10 million in market capitalization. 900% value added.

Related reading: " One day has doubled again, Silly, the silly dragon, will become Solana's "new king of meme"? "

In addition, SILLY also actively cooperates with DEX. On December 21, Bitget announced that it would list Silly Dragon (Silly) in the Innovation Zone and MemE Zone, and LBank also announced on the 25th that it would launch the SILLY U-based contract for the first time.

At present, the price of SILLY currency has generally shown an upward trend since its release. Although Anatoly changed to a new avatar on the 22nd, which caused SILLY to fall by more than 45% within the day, the narrative of SILLY did not collapse. On December 27, according to Bitget market data, SILLY rose above $0.15, setting a new record high and ranking among the top three in the real-time increase list. According to monitoring by on-chain data analyst Ember, the highest floating profit among addresses holding SILLY is 27,000 times, and the lowest floating profit is 0.7 times. The average floating profit is 30 times. Most of them were bought at an extremely early stage and held until now.

There is nothing more central to internet culture than memes, because the market is basically memes, constantly driven by the most compelling narratives of the day, week, or year. The success of the Silly Dragon meme not only relies on Solana's admiration and promotion of Silly Dragon articles, but also relies on the community's trust in Solana. This also promoted the milestone event of Solana surpassing Ethereum's seven-day DEX trading volume for the first time in history.

As BEN SPARANG , a member of the Solana Foundation, described it: "This is one small step for a man, one giant leap for a dragon." This is not only an affirmation of the technical achievements of the Solana community, but also symbolizes that Solana has an orthodox meme culture and spiritual totem, which will play a huge role in promoting community unity.