The BRC20 Meme season is coming, learn about the PUSY promoted by the founder of XEN

avatar
ODAILY
05-06
This article is machine translated
Show original

PEPE's fiery and wealth-making effect once again ignited the encryption community. Driven by no mainstream narrative, Meme Coin, which originated from Internet culture and is driven by the community, assumed the hype expectations. Degens who missed PEPE, AIDOGE and other Meme Coins are looking for the next potential stock that may overtake at a corner.

Last night, XEN founder Jack Levin posted a tweet about the BRC 20 token PUSY. PUSY combines Meme Coin with the recent hot concept BRC 20. Coupled with Jack Levin's call, PUSY is also regarded as a Another new project of Jack Levin, with the background of the successful operation of XEN in the early stage , the PUSY token has also attracted the attention of the community.

The BRC20 Meme season is coming, learn about the PUSY promoted by the founder of XEN

Open the official website of PUSY tokens. There is very little basic information, and the website design is also very simple. You can see that the supply of PUSY tokens is 696,969, and the maximum limit of each wallet is mint 69 PUSY tokens. There are also mint and buy links, and a meme generator link. Currently, all PUSY tokens have been minted in just 10 hours and there are 411 token holders. But other than that, the official website did not disclose more specific information, plans and programs.

The BRC20 Meme season is coming, learn about the PUSY promoted by the founder of XEN

However, the short-term success of the PUSY token is very much in line with Meme Coin's investment strategy.

First of all, discovering Meme Coin early and building a position before buying a large amount can outperform most people. After yesterday’s Fomo of PEPE tokens, most people are trying their best to find the king of early earth dogs, and the appearance of PUSY tokens just ignited the frenzy of chasing Meme Coin in the market. Judging from Unisat’s market data, at the time of writing this article, the price of PUSY tokens was as low as $3.5, and last night it was as high as $17.38, which is more than a hundred times higher than the price of mint. Completed 12,315 transactions in the first 30 minutes, already ranking among the top five transactions in the Unisat market.

The BRC20 Meme season is coming, learn about the PUSY promoted by the founder of XEN

Secondly, PUSY tokens have a certain community foundation and Meme culture. In October last year, once XEN was launched, it caught fire in the encryption world and triggered Gas War. The earlier the user participates in the casting and the longer the lock-up time, the more XEN will be produced, so that XEN has millions of addresses participating in mining in just a few days.

Such operational capabilities have also become the endorsement of the fundamentals of the PUSY token. After XEN founder Jack Levin’s “shouting order”, the XEN community was diverted to PUSY tokens, creating a strong community foundation. In addition, under the tweet, some users asked when the BRC 20 version of XEN tokens would be deployed, and Jack Levin replied "soon", making the community think that the PUSY tokens are an attempt to deploy BRC 20 XEN.

The BRC20 Meme season is coming, learn about the PUSY promoted by the founder of XEN

After all, for a meme token, the actual application of the project is not so important, and the important narrative and cultural attributes can be widely disseminated. BRC 20 is undoubtedly one of the most sought-after hotspots at the moment. Many communities and projects with basic users are trying to catch up with this "high-speed train".

After shouting about the PUSY token, Jack Levin posted a tweet with the word "Epic". Some KOLs also found out information about the EPIC token, which was deployed in March and has not yet been minted Finish.

The BRC20 Meme season is coming, learn about the PUSY promoted by the founder of XEN

Although the market sentiment is high, many community users believe that the short-term market crash is not far away. After all, the last stop of the previous rounds of bull markets was a "meme carnival". mirage. Once again, investors are reminded to avoid blind FOMO, DYOR.

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
Add to Favorites
Comments