Today we continue to look at a few projects. In fact, we can find that all major public chains are working hard on the meme ecosystem recently. For example, Sun.pump, a meme one-click launch platform on TRON, which was mentioned earlier (Sun.pump, a meme fair launch platform, is soaring?), and there are already two major leaders on Ethereum, doge and shib. With the popularity of memes on Sol this year, other public chains are not far behind. BNB is the third largest public chain. Apart from floki, the most popular meme, there seems to be no other. So recently, there was a big event, the cat airdrop. Users holding floki will receive this airdrop, whether you are a binance user or an ok user, or you hold it in your wallet or can get it. You can check your wallet or account.
1.Cat
Currently, Simon’s cat is highly tied to Floki. It was launched in August and has also increased by 50%. Its current market value is 160 million US dollars. This cat actually comes from Simon’s Cat, a humorous animation series created by British animator Simon Tofield, which was launched in 2010. Some friends may know this cat, so the project team still took advantage of some of the previous IP traffic.
The official website is relatively simple and very meme-like. It is written directly on tokenomics that 30% goes to investors, 18.5% to floki’s airdrop, 1.5% to floki’s trading robot airdrop, 10% to the foundation, and 25% to liquidity.
Let’s look at other data. Currently, the official Twitter account of this cat has 100,000 followers. According to the on-chain data, because of the existence of airdrops, the number of holders on the chain has directly reached 210,000.
The airdrops should have arrived by now, and both floki's official website and floki's Twitter are helping to forward the information, which shows that they are doing their best. So I have some reason to suspect that this is a project organized by the floki project team.
The driving force behind all this may be BNB chain, because it is all Binance's ecosystem. As mentioned earlier, all major public chains are developing meme ecosystems. At present, BSC's actions are a bit slow, so it is necessary to use this event to promote the second largest meme. Because there is a Floki dog, it is creating another type of cat, and this cat also has a certain amount of traffic. It can be seen that this cat has been online for so many days, and with such a large amount of airdrops, the coin price has not dropped, and the market value has directly rushed to 160 million US dollars, ranking directly 200+.
Let’s take a look at cat meme projects on other chains, such as Cat in a Dog World on Sol, which currently has a market value of 300 million US dollars; MOG on Ethereum, which currently has a market value of 300 million US dollars; and Sundog on Tron, which has a market value of 280 million US dollars.
At present, the market value of the first-tier memes such as pepe, floki, wif, bonk, etc. is between 1 billion and 2 billion US dollars, and it is difficult to widen the gap at present, so the competition comes to the second tier, and the second tier is currently between 100 million and 500 million US dollars. And it is a competition of quantity, so the second largest meme on the BSC chain must be stable and will not fall below 100 million US dollars.
2.WHY
At present, why should be the third largest meme project in the BNB sector. Its image is an elephant. This project actually came out in April and May this year, but it has gradually developed to the present, and its market value has reached 100 million US dollars. Moreover, you can see that the increase in the past six months has reached dozens of times.
Introduction
This is a bipolar mad elephant with two souls. It went crazy after screwing up 100 times every time between 2019-2024, imagining that every MEME is a peanut it can't eat. Every night in its dreams, it is a killer who destroys MEMEs, smashing those nuts crazily. During the day, this mad elephant is a ballet elephant who doesn't remember those bloody dreams at all... It is indeed bipolar.
Token Economy
The total amount of tokens is 420 billion, all of which are currently in circulation, and it is a fair launch. The token distribution is quite interesting: 50% presale, 40% LP, 5% He Yi, and 5% CZ. So from the token distribution, we can see that he is taking advantage of the traffic of CZ and He Yi, so it is highly likely that he was not supported by BSC at the beginning.
The current number of fans is relatively average, with 43,000 on Twitter and more than 3,000 on Tel.
To summarize this project, the current data shows that it is a little worse than the first and second tiers, but judging from Binance’s recent pace, it is promoting its own ecological meme.
For example, you can often see posts and information about these memes on their Twitter or in the square.
Therefore, it can be seen that the major chains are currently competing for meme projects. The deeper meaning here is actually to win over retail investors, because in this round, retail investors do prefer memes that are fairly launched. We have been talking about value projects before, but from the current situation, we need to make certain changes. We need to understand memes, accept memes, buy certain memes, and we must hold some first-tier memes in this bull market. #FLOKI🔥 #meme板块关注热点 #bsc链 #内容挖矿
