The rise in D/ACC has increased the noise, and most of the market cap has fallen to a fraction of its peak.
This article explores six coins with the Vitalik concept. These projects have seen significant increases, with some seeing growth of hundreds or thousands of times. However, most have seen their market caps decline significantly after the initial hype died down. Recently, due to renewed interest from Vitalik Buterin, these memes have rebounded to varying degrees, but the hype has had limited potential to improve market cap.
Vitalik effect
Last weekend, Vitalik Buterin showed his influence once again. After minting a new ENS domain name, the meme coin associated with it soared in value. This sparked renewed interest in meme projects related to Vitalikâs concept.
D/ACC
Following the popularity of e/acc (efficient acceleration) in Silicon Valley, Vitalik introduced the philosophy of d/acc (defensive, decentralized, democratic, differential acceleration) in his essay âMy Technological Optimism.â This concept promotes a defensive world that enhances security, reduces conflict, and supports healthy, open governance.
On August 18, Vitalik minted a new domain name for ENS, âdacc.eth,â and announced an upcoming discussion on the concept of d/acc. This attracted market funds, sending coins like D/ACC and E/ACC soaring. However, their rebound momentum is limited, and their market cap has fallen significantly from its peak.
- D/ACC Performance: It surged over 956.5% on August 18, but then pulled back. It is currently down about 67.3% from its all-time high, with a market cap of $2.5 million.
- E/ACC Performance: Up as much as 960% on the same day but has since fallen more than 97.3% from its peak, with a market cap of $257,000.
ZUZALU
In 2023, Vitalik proposed an experiment to build a new city called ZUZALU, a two-month mini-city for 200 people, with the aim of transforming online culture into physical spaces.
- ZUZALU Performance: The token price surged over 3,660x after its launch, with a market cap of over $33 million. However, it has since fallen over 95.9% from its high, with a current market cap of $1.2 million. Since August 18, ZUZALU has seen a massive surge, with a maximum rise of 124.9%.
TCATI
-Origin: Cat-themed meme image from Vitalik's X account profile signature.
- Purpose: 33% of the token supply supports Vitalik's Zuzalu experience.
- performance:
- Initial Rise: The price rose by more than 519.4 times.
- Peak market cap: $3.8 million.
- Current status: It has decreased by about 95.6% from its highest price, with a market value of $165,000.
- Recent trend: Uptrend since August 18 with a maximum rise of 403.6%.
TOASTS
- Origin: Domain name issued by Vitalik in 2017.
- performance:
- Initial performance: No noticeable increase after going online at the beginning of this month.
- Recent trend: Sharp rise since August 18, max 167.7x and market cap over $1.9M.
SLASHA
- Origin: An online strategy game developed by Vitalik in 2011, and uploaded to IPFS in May of last year.
- performance:
- Initial surge: It rose approximately 414 times on the day of its launch.
- Current status: Down more than 98.9% from its peak.
- Recent trend: Up after August 18 with a maximum increase of around 188.9%.
THE
- Origin: Inspired by Vitalik's October 2022 tweet proposing a project called "The Protocol".
- performance:
- Initial mutation: has increased by more than 8,124 times since its launch.
- Peak market cap: approximately $40 million.
- Current status: Down more than 99.5% from its peak price, with a market cap of $168,000.
- Recent trend: Up 71.8% since August 18.
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