In the cryptocurrency world, it is true that “cryptocurrency narratives are ever-changing, but MEME culture remains forever!”
The cryptocurrency world is like a super magnifying glass for emotions and narratives. Where there are people, there are rivers and lakes, and where there are rivers and lakes, there must be emotions.
There are crazy bubbles and K-lines jumping up and down like needles in the cryptocurrency circle. This is not only a gathering place for funds, but also an extremely magnified emotional pressure cooker!
From investors' passion for future technologies to their fear and greed in the face of market fluctuations, blockchain, as an emerging technology and financial field, infinitely amplifies the influence of these basic human emotions, and thus deeply affects market dynamics and investment decisions.
MEME is naturally endowed with the magical power to convey emotions, from fanaticism to panic. It can spread quickly among communities in the form of humor, irony and even exaggeration, triggering strong emotional resonance, thus invisibly affecting the direction of the market.
In a short period of time, some successful MEMEs can attract a lot of attention and discussion, which in turn drives investors’ buying behavior, leading to a short-term rise in prices. This phenomenon is particularly common in the crypto market, where market sentiment can often influence price fluctuations to a large extent.
Now, after much anticipation, Black Myth: Wukong is finally here! It has been fully launched, and the four-year wait is definitely worth it. We have also witnessed another milestone in the Chinese game industry!
$Wukong surged more than 400%
As the popularity of "Black Myth: Wukong" swept in, many meme coins related to it emerged in the cryptocurrency circle!
Among them, the most active transaction volume is the eponymous meme coin $Wukong on the Solana chain. Yesterday, the maximum increase of the coin reached 441%, and it rose by more than 127% in the past 24 hours. The current market value is about 146,000 US dollars, and the current price is 0.0001467 US dollars.
In addition to the $Wukong meme coin mentioned above, there are also multiple tokens with the same name "Wukong"! Some have soared by an astonishing 1003% in the past 24 hours, but others have plummeted by 33%. The price fluctuations of meme coins are really huge, and the investment risks are also frighteningly high. Here I would like to remind everyone not to blindly follow the trend and be cautious in investing!
At present, these tokens do not seem to have any official connection with Black Myth: Wukong, and it is not yet certain whether the creator of the tokens has any relationship with the game developer Game Science. This is like a mystery full of unknowns, which makes people curious and worried. In this field full of uncertainty, we must remain highly vigilant to avoid falling into an irreversible investment trap.
100x Golden Dogs appear frequently!
New Dogecoin Neiro surged 650%
Ethereum founder Vitalik Buterin made a big post on the social platform X! He announced that he has sold all the animal meme coins he received in the past year! Moreover, he donated all the proceeds from the sale, a total of 200 ETH (worth about $530,000), to charity.
It is worth mentioning that this influential tweet by Vitalik Buterin was posted while commenting on Neiro on Ethereum! As a result, this action actually inspired the Neiro token to start a crazy rise mode. In just two hours, the Neiro token rose by more than a staggering 650%!
$SUNDOG surged 17,000 times
Justin Sun has recently publicly entered the memecoin game! On August 13, he officially promoted the Pump.fun project sunpump on the Tron chain on X. As the meme popularity of the Solana ecosystem continues to rise, the outside world has speculated that Justin Sun intends to seize this super hot meme hotspot and bring huge traffic into his own Tron ecosystem.
Among them, the one that performed the best was the one that created an amazing record. $SUNDOG opened at a low of only 0.000036 TRX on Friday, but by the early morning of the 17th, it had reached a historical high of 0.565437 TRX. During this period, the maximum increase reached a shocking 1713345%!
Recently, it seems that the whole community is rushing towards Sun Ge’s TRON chain! Every day, we can hear all kinds of wonderful stories. In the middle of the night, we can even see a large investor’s purchase order of hundreds of thousands of U, but who is this large investor? There is no way to know, it is really full of mystery.
Sometimes, we can't decide on many things, so what should we do? We can only be patient and act accordingly, but don't be impatient.
SunPump platform is now considered to be the fairest meme launch platform! Everyone is on the same starting line. Here, we can return to the pure fun of playing meme. After buying Meme coins, we can build the community together with peace of mind, and rely on strong consensus to increase the coin price step by step.
SunPump is still in its early stages, and I personally think that there are still great opportunities for retail investors! It is entirely possible to make a fortune from it. It is like a treasure land full of opportunities, waiting for everyone to dig and explore.
Is the copycat sector about to see the bright dawn of recovery?
Although the altcoin market has been dominated by small-cap contracts recently, it often suddenly surges! This money-making effect is really great. If you basically missed rare, you have to be careful with sys, you can basically get some meat, as for how much you can get, it depends on the situation. The altcoin finally made some moves, rare actually increased more than 6 times in a week! The recent focus is on small-cap altcoins, which are generally below 50 million US dollars in market value.
Speaking of copycats, as long as there are few retail investors, once the market sentiment recovers, it will be easy to pull up several times and it will be almost the same as Dogecoin. As long as you don't sell at a loss, it will have a chance in the bull market. But if no one sells at a loss, then there will be no chance. The more people sell at a loss, the closer the market bottom is.
Regarding Comrade Jianguo, as a crypto player, I definitely support him. Although the support rate is not as strong as before, there is still a chance. Maybe by the end of the year, this will be a major positive sentiment for cryptocurrencies.
In short, when the market falls, it feels like the world is going to end and nothing is good. But when the market is crazy, it feels like everything is good. This is the high volatility of the crypto market, and the emotional pull has reached its extreme.
Finally, the altcoin bear market is about to end, let us look forward to a new dawn together!
Okay, that’s all the information for this issue for now.