Taking stock of 13 strong MEME concept coins, who is in the top 100 by market capitalization?

This article is machine translated
Show original

Figure: List of data on some strong and popular MEME coins

MEME, the Chinese name is "meme", in the world of meme coins, don't talk about fundamentals and forget about the total market value. Every time the MEME coin attracts public attention, there is only one reason: crazy trading.

This past week was a week for MEME coins. Led by popular MEMEs such as WIF, DOGE, SHIB, and BONK, the entire sector charged together. There are many currencies that have increased by 1-2 times.

What are the leading MEME coins in the market now? What are their backgrounds? Who is in the top 100 by market capitalization? Follow to take you through the inventory.

First one: DOGE

7-day increase: 76%

Market value ranking: 10

Introduction: Born in 2013, it is the originator and leader of MEME coin. Its image is a dog, and it is a former Musk concept coin. Has an independent Dogecoin network. DOGE has gone through many bull and bear cycles and still ranks at the top of the market capitalization rankings, holding a unique position.

Second: SHIB

7-day increase: 128%

Market value ranking: 13

Introduction: Born in 2020, ERC-20 token, the mascot is Shiba Inu (a Japanese Shiba Inu). Supporters call it the “Dogecoin killer.” A phenomenal token in the previous bull market. It has an independent team and develops infrastructure such as L2 public chain Shibarium. In addition, new projects such as NFT have been released many times based on market popularity. SHIB has a project side, which may be an advantage.

Third: PEPE

7-day increase: 365%

Market value ranking: 46

Introduction: Born in 2023, it rose 100,000-200,000 times in less than a month. It was a myth of wealth in the last bull market. PEPE coin originated from the comic character PEPE, the sad frog, and was once involved in a copyright dispute. But because of the sad frog PEPE, the popularity of PEPE currency spread rapidly, and the meme spread extremely quickly. PEPE has a unique influence in social communication and has always been popular among overseas communities.

Fourth: Bonk

7-day increase: 157%

Market value ranking: 55

Introduction: Born in 2022, Solana network’s first MEME coin, Dogecoin. The concept of Bonk was to resist SBF and Alameda’s “hegemony” over the Solana network and to oppose VC. At that time, FTX and Alameda were in trouble, and Solana tokens plummeted and fell into darkness.

Fifth: ORDI

7-day increase: 27%

Market value ranking: 66

Introduction: Born in 2023, it is the most famous inscription on BTC and the leader of inscription, setting off a craze for inscriptions on the entire chain. ORDI is likely to rise in conjunction with BTC along with the rise in BTC prices and ecological development.

Sixth: WIF

7-day increase: 350%

Market value ranking: 69

Introduction: Born in December 2023, Solana Network, the image is a Shiba Inu with a woolen hat. The super wealth code of this bull market. With the current bull market, SOL prices have returned to their peak. Currently it belongs to Solana’s strong MEME new currency.

Seventh: FLOKI

7-day increase: 306%

Market value ranking: 74

Introduction: Born in 2021, this project originated from Elon Musk’s tweet: My shiba inu will be named floki. Different from regular MEME, this MEME has a strong team attribute and attempts to develop practical public goods, such as building metaverse games, NFT ecosystems, etc.

Eighth: SATS

7-day increase: 36%

Market value ranking: 80

Introduction: Born in 2023, the second most popular inscription on the BTC network is Rat Coin. In addition to his high market value, as the second dragon, he lacks social charm.

Ninth: MEGA

7-day increase: 99%

Market value ranking: 186

Introduction: Born in 2023, MAGA is the abbreviation of "Make America Great Again", which is Trump's famous political propaganda slogan. As Trump progresses in the US election this year, MEGA has become the current Trump election concept currency.

Tenth: PEOPLE

7-day increase: 94%

Market value ranking: 248

Introduction: Born in 2021, it originated from the crypto community's spontaneous raising of ETH to bid for an important cultural relic of the United States-a copy of the Constitution. A large number of encryption enthusiasts raised more than 40 million US dollars for this purpose. Although the bidding failed in the end, the event set off an upsurge in the encryption community to participate in public affairs and was extremely influential. Participants were airdropped PEOPLE.

Eleventh: SILLY

7-day increase: 124%

Market value ranking: 621

Introduction: Born in 2023, the Chinese name is "Silly Dragon". This MEME is strongly supported by Solana Lianchuang Anatoly. The motto of the Solana community is "Do the hard things first", and Anatoly calls himself Silly Dragon. The implication is that he looks stupid, but he is very clear about what he wants to build. The project has a strong Solana "feel".

Twelfth: Degen

24-hour increase: 31%

Market value ranking: no data

Introduction: The MEME leader of the social application Facaster. As its name suggests, the token has more of a speculative meaning. The origin of the token is very simple. As long as users make comments and other active actions in the degen channel of Farcaster, they may be Receive Degen token rewards. Niche projects.

Thirteenth: TROLL

7-day increase: 91%

Market value ranking: no data

Introduction: This token originated from Musk's change of the X account profile to "(CTO) Chief Troll Officer", which means "Chief Troll Officer". TROLL originally means troll, and in the Internet context it also means spray. This joking title seems to have no meaning, but as the "King of Dogs" in the encryption market, Musk's every move is enough to trigger a new meme. After Musk modified the information, multiple meme coins named TROLL were born. However, the most popular TROLL has actually been deployed in 2023. Before Musk became Chief Troll Officer, the price of the token had already fallen 98% from its peak.

Source
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.
Like
28
Add to Favorites
22
Comments
2