Vitalik's coin selling narrative, cult culture revival, count down the memes worth paying attention to during the holiday

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ODAILY
10-08
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Before the National Day holiday, A-shares set off a wave of fomo craze, making many people anxious during this short holiday; in contrast, in the crypto, apart from HBO's revelation of who is Satoshi Nakamoto, there seems to be no explosive news to stimulate the market, but there are still memes. There were also some interesting hypes in the meme market during the short holiday. Vitalik's address became a new marketing method, and donations to charity became a major feature of the meme coin community.

In addition to giving money to Vitalik Buterin, some old memes with large market capitalizations also made efforts during the holiday, setting off a wave of cult culture revival. In this issue of "What memes are hot today?" BlockBeats has compiled meme targets worth paying attention to during the holiday for readers.

Vitalik sells coins/charity track

During the National Day holiday, Ethereum co-founder Vitalik Buterin sold 11.76 billion MOODENGs through KyberSwap in exchange for 21,033 ETH (about $50,900). On October 7, Vitalik's address sold another 10 billion MOODENGs for 308.69 ETH (US$762,000) and transferred 260.16 ETH (US$642,000) to the charity Kanro, which greatly increased the market value of MOODENG on Ethereum to a new high.

On Twitter, Vitalik posted, “I’m very grateful to those Meme Coin projects that donate part of their token supply directly to charities. (For example, I saw Ebull donate a large number of tokens to multiple groups last month), any tokens sent to me will be donated to charity (thanks to Moodeng, the 10 billion tokens received today will be donated to the prevention and control of airborne disease technology), but I would rather donate tokens directly to charities, and perhaps set up a DAO to allow the community to directly participate in decision-making and processes.”

The tokens in the picture below were donated to Vitalik’s wallet. Nowadays, sending money to Vitalik’s address for charity seems to have become a new marketing method.

MOODENG

Maximum market value: 113.8 M

Current Market Cap: 88.03M

24h trading volume: 34.9M

Today's 12 AM (GMT+ 8) purchase maximum profit: 76.47%; current profit: 23.53%

EBULL

On October 7, the Ethereum Meme coin EBULL rose by more than 2,000% in the past 24 hours, with a market value of over $17 million. EBULL (Ethereum is good) was inspired by Vitalik Buterin, who had previously released this Ethereum bull market emoticon package many times.

Maximum market value: 26.49M

Current market value: 8.18M

24h trading volume: 18.3M

Today's 12AM (GMT+8) purchase maximum profit: 187.36%; current profit: -5.75%

Neiro

Maximum market value: 782.8 M

Current Market Cap: 711.2 M

24h trading volume: 13.7M

Today's 12 AM (GMT+ 8) highest profit: 21.02%; current profit: 13.33%

meme cult

Speaking of cult culture, Bitcoin is the most popular cryptocurrency, but now the meme world is also experiencing a "cult moment". During the short holiday that just passed, many old memes came back to life, bringing many people's wallets back to life. And they all have one thing in common, which is that they are covered with a layer of cult cultural attributes. Meme maxi KOL Murad Mahmudov has mentioned Cult culture many times recently, referring to those nonsensical and abstract "non-mainstream" meme coins, but what is mainstream about meme coins?

Abstract Index

SPX

When you see SPX 6900, you will think of S&P 500 (Standard & Poor's 500 Index). The concept of SPX is "FLIPPING THE STOCK MARKET". People who hold SPX will spontaneously make pictures or videos of SPX 6900. In the slightly model-wearing anime girl's style and the continuously rolling + 6900 symbol, you can probably piece together a narrative: a cute girl saves the crypto.

Related reading: " SPX, Joe and other meme coins have doubled wildly, is the "abstract art craze" back? "

Highest market value: 477.5M

Current market value: 410.2M

24h trading volume: 27.1M

Today 12AM (GMT+8) buy the highest profit: 16.25%; current profit: 0.41%

LSD

LSD is one of the old coins in the Solana meme craze at the end of last year. It is also a meme that focuses on abstract girlish concepts and is regarded by the community as the "Solana version of SPX."

Highest market value: 31.49M

Current market value: 7.9M

24h trading volume: 17.6M

Today's 12AM (GMT+8) purchase maximum profit: 7400.00%; current profit: 1900.00%

Large market value of old brands

GIGA

Designed to harness the power of memes and “Chad” energy, GigaChad (GIGA) pays homage to the legendary Ernest Khalimov’s original “Gigachad” and is a satire of societal expectations that sparks conversations about toxic masculinity and the diversity of the male experience.

Maximum market value: 477M

Current market value: 423M

24h trading volume: 6M

Today 12AM (GMT+8) buying the highest profit: 4.08%; current profit: -14.00%;

SIGMA

The concept of SIGMA is somewhat similar to GIGA, both are descriptions of masculinity. The term "Sigma Male" was first coined by American alternative right-wing writer Vox Day in a blog post in 2010. It describes a male archetype that is successful and popular but prefers to operate outside of traditional social hierarchies. It is often described as a "lone wolf" who seeks self-control rather than social domination.

Maximum market value: 35.5M

Current market value: 28.3M

24h trading volume: 4.8M

Today 12AM (GMT+8) buying the highest profit: 25.81%; current profit: -3.23%;

FWOG

As the new king of the Meme craze under this round of capital layout, PePe is rising, and the Ethereum OG project $FWOG, which is centered on the classic frog image, is the veteran in this field. The frog element has become the absolute protagonist in Meme culture.

Maximum market value: 4.17M

Current market value: 2.8M

24h trading volume: 4.5M

Today's 12AM (GMT+8) purchase maximum profit: 364.44%; current profit: 200.00%

MOG

Mog was launched as a joke in July 2023, but quickly gained traction and became known for its humorous approach to finance and growth potential. In the CT community, meme tweets related to the MOG token can be seen everywhere.

Highest market value: 723M

Current market value: 629M

24h trading volume: 8.2M

Today's 12AM (GMT+8) buying maximum profit: 5.88%; current profit: -11.76%

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.
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