Two thousand-fold targets in one weekend, DeSci rekindles sentiment on the chain | What is the meme hype today?

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On November 8, after Binance Labs announced its investment in BIO Protocol, igniting the new concept of DeSci, the on-chain sentiment seems to have improved again, with RIF and URO, two leading tokens in the DeSci concept, seeing wealth effects of hundreds or even thousands of times. Subsequently, Litecoin's official "stunt" of self-proclaiming itself as a Memecoin in the current market sentiment also led to the emergence of "mascots" and other hot spots.

During the weekend consolidation of BTC, on-chain transactions have become a new "casino".

DeSci

DeSci has once again become a hot topic of discussion, and after Binance Labs announced its investment in BIO Protocol, tokens in the DeSci field such as VITA, GROW, and RSC have all seen significant increases, and have maintained strong performance even during the recent market pullback. The previously low-key BIO Genesis event was immediately filled, and even the small pump experiment platform previously launched by the BIO team has been "revived". Now, it seems that all the hot crypto money is running into DeSci.

RIF

Rifampicin, also known as rifampin, is a semi-synthetic broad-spectrum antibiotic, mainly inhibiting the synthesis of bacterial RNA, with significant bactericidal effects, and can be used to treat diseases such as tuberculosis, leprosy, trachoma, and Legionnaires' disease.

All-time high market cap: 144.71M

Current market cap: 107.34M

24h trading volume: 74.4M

URO

Urolithin A is an organic compound with the molecular formula C(13)H(8)O(4), belonging to the class of urolithins, and is a metabolite of ellagitannins.

All-time high market cap: 50.05M

Current market cap: 35.72M

24h trading volume: 29.7M

Sci-hub

Sci-Hub is a platform that provides free access to millions of academic papers and publications by bypassing publishers' paywalls through various methods, without considering copyright issues. It has been downloaded nearly 50 million times in China alone. Although previous projects have not been officially recognized by Sci-Hub, after the community declared that they would donate 20% of the supply to the Sci-Hub official, Sci-Hub has opened a donation channel on the Solana network.

All-time high market cap: 74.35M

Current market cap: 37.97M

24h trading volume: 71.2M

AI meme segment

After the launch of ACT on Binance spot and futures, the heat of AI meme has warmed up again. With the recent frequent updates of AI meme-related tweets by the well-known trader Nachi, he believes that the proportion of AI meme in the meme market is still underestimated, and a large number of AI meme prices have rebounded.

ai16z

ai16z is a decentralized AI trading fund based on the Solana blockchain. As an "AI investment DAO", the core of ai16z is to use AI agents to obtain market information on-chain and off-chain, analyze community consensus, and automatically conduct token transactions. This new model aims to combine AI trading strategies and decentralized governance through tokenization, providing investors with more transparent and trustworthy investment opportunities.

All-time high market cap: 493.74M

Current market cap: 456.97M

24h trading volume: 23.9M

Shoggoth

Shoggoth is a Cthulhu-style octopus meme on Solana. Shoggoth is a fictional creature created by American writer HP Lovecraft in his novel "At the Mountains of Madness", described as an amorphous protoplasmic being composed of a gelatinous substance that can change shape at will. Typically depicted as a massive creature about 15 feet wide, with multiple floating eyes on its surface. The cultural significance of Shoggoth has transcended the original work, becoming a contextual symbol for discussions in the field of artificial intelligence.

Shoggoth is revered in the community as the Doge of AI memes. This uniquely styled octopus meme has also been "shilled" by The New York Times, which once referred to Shoggoth as "the most important meme in artificial intelligence".

All-time high market cap: 178.94M

Current market cap: 99.14M

24h trading volume: 13.9M

MemesAI

MemesAI is considered a token that can compete with GOAT. The founder of MemesAI was once sponsored by Marc Andreessen with BTC, and was also recognized by Andy Ayrey. Many believe that the current MemesAI is being heavily undervalued.

All-time high market cap: 102.04M

Current market cap: 68.7M

24h trading volume: 9.8M

Mascot concept

With the Litecoin Twitter account (@litecoin) posting on November 14 that "in view of the current market conditions, LTC is now recognized as a Memecoin", the "old coin" LTC has seen a surge of interaction with memecoins. The LTC official then reposted the LTC humanoid memecoin, which sparked market interest. The mascot concept has once again seen hype after the Catholic mascot Luce.

Lester

The humanoid meme reposted by the LTC official.

Highest Market Cap: 216.4M

Current Market Cap: 79.55M

24h Trading Volume: 44.2M

Bitcat

The Bitcat image forwarded by the official BTC Twitter account is considered the BTC mascot by the market, and it quickly pulled the market after its launch, with a market cap of nearly 100M in just four hours.

Highest Market Cap: 90.17M

Current Market Cap: 20.13M

24h Trading Volume: 28.4M

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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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