The recent market has been fluctuating up and down. Although Bitcoin has fallen below 70,000, it has not broken the trend. It fell yesterday and rose today, because the US election may be held on the 5th, and the market may start to choose a direction at that time. Therefore, it is recommended not to operate randomly in the next two days. Wait until Bitcoin rises above 72,000 or falls below 65,000 before choosing a specific direction. Today, let's take a look at the 24-hour rebound. Almost all of them are meme coins. Among these projects, only SPEC and Heart are AI projects. Therefore, this cycle is the dominant cycle of meme and AI, and it is also the dominant sector of this round. If Bitcoin rises in the future, these two sectors will definitely lead the rise. Don't miss them. In this list, we will talk about MGC and HEART, because the others have been talked about. You can look up the previous content and check the ancient, especially another AI agent, SPEC, which has risen 5-6 times.
1.MGC
But looking at the K-line of this project, don’t you think it’s some kind of magical project that will only soar and never plummet? But I can tell you first that this is an extremely high-risk project, and it may plummet to the bottom at any time.
Currently, this project has a market value of 300 million US dollars, and the overall FDV has reached 28 billion, but it is not listed on a centralized exchange, but only on the cake on BSC, and the 24-hour trading volume is only 1 million US dollars, even though it has skyrocketed by 20 points a day, so there are big problems. Let's take a closer look at where the problems with the project lie.
Introduction
The Meta Games Coin ecosystem is not limited to transactions, but also provides a platform that integrates gaming and social interaction. The MGC RANK platform allows gamers to participate in competitive games and earn MGC tokens. It functions like a social media network, enabling gamers to create profiles, share achievements, and connect with others. By registering game results, players can earn MGC tokens, incentivizing participation and the pursuit of excellence in games. MetaGamescoin (MGC) is deployed on the Binance Smart Chain.
MGC Metaverse
1.MGC City
The virtual metaverse city is similar to the land of the metaverse. Users can build houses of various characteristics on the land, which is similar to the gameplay of conventional metaverse land (NFT).
2.MGC DEX
MGC tokens can be traded on the MGC DEX platform, a decentralized exchange that facilitates peer-to-peer transactions.
3.NFT
MGC also supports the creation and trading of NFT games, allowing users to buy and sell unique digital assets.
4.RANK
The MGC RANK platform further enriches the gaming experience by rewarding players with MGC tokens based on their gaming performance. The platform is similar to a social media network where gamers can showcase their profiles and achievements.
5.CLUB
The social hub of the Metaverse.
6.DEX LINK
MGC provides financial services through MGC DEX LINK, providing a decentralized trading platform for holders and traders. This service enhances the liquidity and accessibility of MGC, enabling users to conduct financial activities seamlessly.
In fact, it can be seen that the project description and description are very empty, full of empty clichés, and there is no actual product, and the project team is anonymous, but it is said that the founders of the project are Pavel Durov and Rado Okhotnikov. Pavel Durov created the social media platform VKontakte and the messaging application Telegram. But this needs to be verified.
The roadmap of the project is also very perfunctory. In 2024, they will do two things. One is to be listed on CMC+Coingeco (you just need to pay for it), and the second is to launch the NFT market and Bank. Bank is just a pledge. Land (nft) will be launched in 2025, and CLUB will be launched in 2026-32. It will take the Chinese team only 2 months to complete these things.
This project has only 800 followers on Twitter, but there are 210,000 coin holding addresses on the chain. This is quite ironic and only shows that people are not easy to deceive nowadays. So it is recommended not to touch this project casually.
2.Humans.ai
It is also an AI proxy project. Recently, AI proxy is very popular. I talked about SPEC before. We talked about this AI proxy in April. At that time, the exchange rate was 1.7 US dollars. Now it is 10 US dollars, and the market value has also risen to 100 million US dollars. (Crypto Market Prediction Tool-SPECTRE AI Potential Analysis)
The project currently has a market value of 100 million US dollars, and the overall FDV is 150 million US dollars. The project was launched on Ethereum. Because this AI project appeared in 21 years, it does not have much pressure to unlock, but the progress of the project is currently a bit slow.
Introduction
An AI platform that deeply integrates the expertise of a company, community, or country, creates AI agents through rich conversations, and meets various types of needs, so you can create an AI that belongs to your data. The concept of this agent should have been proposed recently. Previously, the main focus has been on AI to create personalized artificial intelligence, such as your virtual digital people, but the concept probably didn’t work very well, so now it has been replaced by the content of AI agents, but because of the transformation, it is not seen in the current products.
Currently, the only feature seen on the official website is the consensus it mentions: Proof of Human. It itself is a chain built with cosmos sdk, but I have not found the specific information of this consensus, and it is mostly exaggerated.
Token Data
The total amount of tokens is 6.2 billion, and 5.6 billion have been unlocked so far. The current exchange rate is 0.02. When it was launched in 2021, it was 0.2 US dollars, so it has also fallen by 90%. There are only 4,500 holders on the chain, so the data level is still relatively poor. The 24-hour trading volume is only 250,000 US dollars, and this is after a 15% surge, so there is almost no trading volume at ordinary times.
To sum up, these two projects basically represent two extremes. One is that it has been rising sharply since it went online, and there has been no pullback. If you only look at the K-line and ignore the fundamentals of the project, you will definitely suffer. Another project has been plummeting since it went online, and even after a few years, the rebound is relatively weak. Its fundamentals are not good either, because after 4 years, there is only one chain, and it is built with cosmos SDK. We know that it only takes 1-2 months to build a chain with this. It has been 4 years, and there is no AI-related product. If it were not for the popularity of this AI agent, it might not move much recently.
For this 24H rebound series, we still focus on several stocks in the maga series, because the election result is about to come out, and the newly released Goat has been falling continuously before, so this rebound is likely to continue to rise. Then SPEC should also be paid special attention to, which has increased 6 times in half a year, and its current market value is still very low.
