Written by: TechFlow
Good morning, esteemed PNUT holders.
It's another day woken up by the rise of PNUT, and while congratulating (enviously) the esteemed PNUT holders, the FOMO sentiment is permeating the market today.
If you look closely at the sector structure, you will find that the overall market has a slightly downward trend today, but MEME is far ahead.
Among them, PNUT and FRED are sure to attract attention. The former's market capitalization has quickly exceeded $200 million, shocking people, while the latter has also started its own rally after launching Moonshot.
As for PNUT, no further introduction is needed, as its origin stems from a controversial incident: a famous red squirrel was captured and euthanized without proper communication, gradually turning into a political controversy seeking animal protection and expressing reasonable demands.
Similarly, FRED was created to commemorate the second squirrel found dead, "Frederick".
Across the ocean, politics means attention; in the narrative core, animals also seem to reflect the protection of self-power.
The overlay of external attention and internal narrative core inevitably leads to the spillover of FOMO sentiment after the emergence of the divine plate, and the funds that are too high to get on the bus are also looking for similar narratives and topics.
So, today we see this "animal rescue" narrative gradually evolving into new MEME coins, trying to stir up a new wave after the "squirrel battle" of PNUT, using different specific hot events.
Jorgie: The Monkey Taken Away by the Police ($Jorgie)
At an apparently ordinary car accident scene in Dallas, the police unexpectedly found a spider monkey named "Jorgie Boy", who belongs to local celebrity Brandi Botello, and this accidental car accident has forced her to be separated from her beloved pet.
According to a Dallas news report, after inspection, the authorities found that Jorgie Boy was malnourished and underweight. More importantly, privately keeping monkeys in the Dallas area is illegal. Based on animal welfare considerations, the police immediately decided to remove Jorgie Boy from the scene.
This incident has also caused a huge stir on social media, and Jorgie's owner Brandi has immediately launched a "Free Jorgie Boy" campaign to try to raise public attention to this incident.
Meanwhile, in the Tesla owner community, this incident has also been widely discussed, and some have posted that they hope Musk can see the story about Jorgie.
It is in such anticipation and background that several tokens themed around Jorgie emerged yesterday, also staging a battle of capitalization:
OG Jorgie:
5VPFmQs892HeP6PZYw91UEAfLqXeT4cTW2pu4Ppipump 2M
Alleged Conspiracy Group Jorgie:
AMgMqadZ7Qpe9PCQwehAG3Xbg5cf8JxCxH7sGCSupump 15M
However, market participants have made their own choices. Although the OG Jorgie community has been supporting and calling for it, the price is teetering at the time of writing; while the Alleged Conspiracy Group Jorgie seems to have taken off, with a current market capitalization of around $15 million, but with very high daily trading volume and number of holders.
Whether the monkey can be saved is unknown, but trying to score another victory in the FOMO left by the squirrels is the degen's stratagem.
Free Shayne Coplan (The Eagle): Petition After the Arrest of Polymarket Founder
Free Shayne Coplan:
AyxrBmqbzf169oe14XcSDMbgpUV1ntP6thcScYpYpump
Current market value: $37M
Free Shayne Coplan is another hot MEME coin today, but it goes a step deeper than just animal rescue, with a touch of "expressing one's feelings through things".
The token's avatar is an eagle, and this is not just about freeing an eagle that has been captured, but points to the founder of the platform Polymarket that shone in the election prediction - Shayne Coplan.
Today, Shayne Coplan's residence was raided by the FBI.
At the same time, Bloomberg revealed that the U.S. Department of Justice is investigating the company, targeting the illegal provision of Polymarket services to U.S. users.
This FBI raid incident has sparked a strong response in the cryptocurrency community, with supporters launching a "Free Shayne" movement and creating related tokens to show their support. This phenomenon is quite similar to the recent "Free Jorgie Boy" incident, reflecting the crypto community's sensitive reaction to regulatory actions.
From a broader perspective, this incident highlights the ongoing regulatory pressure facing the cryptocurrency industry, especially in sensitive areas such as prediction markets and online gambling. Polymarket had previously been in contact with the U.S. Commodity Futures Trading Commission (CFTC) over compliance issues and had shown a "substantive cooperative" attitude.
Currently, the entire crypto community is closely watching the development of the situation. This story that started with the prediction market and evolved into a law enforcement action has also made the corresponding MEME a focus of attention in the current bull market environment.
More notably, the logo of FSC is an eagle. The eagle is also an element of Shayne Coplan's avatar, and the eagle is also a symbol of America itself, a pun, a satire on the review.
What's more attention-grabbing is that Shayne tweeted that this is "clearly political retaliation, the current government will go after companies they believe are associated with political opponents... Polymarket has not harmed anyone."
Musk then commented under Shayne's post: "Indeed".
This undoubtedly brings more factors worth noting to this layer of MEME coins.
Anti-censorship and the desire for freedom are always the narrative correctness in the crypto circle, and with the addition of celebrity factors, the wave of releasing the eagle to release Shayne is likely to continue for a while.
