Author: TechFlow
Today is September 29, 2024, an ordinary day of rest (make-up) and the on-chain market is also not resting. From night to morning, diligent on-chain players have made new gains, and several new angles of Meme Golden Dogs have appeared: $Doge founder Shibetoshi Nakamoto's new kitten caramelo, the magic dog Point of dog...
What are these new concepts like, and which golden dogs with the same name have emerged? Without further ado, let’s take stock!
Note: Meme token prices fluctuate drastically and there is a high risk. Investors should fully assess the risks and participate with caution. This article only shares information based on market hotspots. The author and the platform do not guarantee the completeness and accuracy of the content of the article. At the same time, this article does not contain any investment advice.
Point of dog
As soon as I opened my eyes today, I was flooded with the popularity and growth of the new dog meme $POD. After a little research, I found that this dog meme is not the pet of a celebrity, politician or founder, but a more "Meme" abstract image: Point of dog.
Judging from the pictures that have been flooding the screen, Point of Dog is more like a pure Meme character. The overall image is just the back of a dog's head, with various pictures implanted, playing the role of an "observer". This kind of abstract + convenient and fast secondary creation IP is a favorite target for Meme lovers. (Belike another popular Solana Meme $MICHI)
Of course, having a fun IP is only the first step. The conspiracy group is late but it is here. $POD launched Pump.fun at 2 am today and filled up in about half an hour.
Pump.fun has used a familiar tactic since its launch, with a wild rally. Less than half a day after its launch, its market value reached over 10 million U.S. dollars, and has now fallen back to around 4.6 million U.S. dollars. Its trading volume has reached 22 million U.S. dollars in the 12 hours since its launch.
The traces of the conspiracy group are very obvious. There is no nonsense at all. They just do things like pulling up the market and nothing else.
Dogecoin founder's new cat Caramelo ($melo)
The magic dog $POD has not yet ended its pull. Shibetoshi Nakamoto, the protagonist of the concept of "Dogecoin founder" that was popular on the ETH mainnet a few days ago, tweeted at 9:41 am to show off a new family member, the kitten caramelo, and "kindly" gave the abbreviation of the kitten melo. (Note from Shenchao: The kitten is quite cute)
As soon as Shibetoshi Nakamoto tweeted, the eponymous token $melo was immediately launched. The familiar uppercase vs lowercase, ETH vs Solana, abbreviation vs full name...
What’s more, the project’s CTO was completed less than two hours after the tweet was sent out...
Currently, the following tokens have relatively large melo concept trading volumes:
melo（$melo）- ETH
24H trading volume: $2.9 million
Current market value: $770,000
Maximum market value: $1 million
The melo concept coin with the highest market value on the current ETH chain is considered to have taken the "lowercase" pit from the name. The GMGN.AI monitoring tool shows that DEV has bought it many times, and the TOP10 has a large number of holdings.
Candy($MELO)- ETH
24H trading volume: $3.3 million
Current market value: $567,000
Peak market value: $2 million
The melo concept coin with the highest transaction volume on the current ETH chain has a capitalized name. The token initially surged and then fell back. It should be the capitalized branch that everyone rushed to at the beginning.
candy($MELO)- ETH
24H trading volume: $146,000
Current market value: $500,000
Maximum market value: $620,000
This token was issued later than the previous two, and its market value and trading volume are much smaller. As of writing, it has not yet experienced a deep correction. However, there are still many sniper users who have not cleared their chips, and the TOP10 holdings account for a high proportion, so there is a lot of potential selling pressure.
Candy ( $MELO ) - Solana
24H trading volume: $3.6 million
Current market value: $5.1 million
Peak market value: $10.1 million
The $melos on the ETH mainnet are competing with each other, while Solana is more focused. $MELO, which came out of Pump.fun, directly hit a market value of tens of millions with a full risk warning, which is quite like the style of a conspiracy group.
Meme participation is very risky, with unlimited opportunities and limited capital. Don’t Fomo, don’t go all-in, Over.
