This week, Sui’s popularity has not diminished, firmly occupying the second place in the hot list. Memecoin’s super cycle is extremely hot. As the hottest L1 public chain in recent times, Sui has spawned a large number of golden dog tokens, such as the OG Meme Pug FUD, which has risen five times from the bottom, the Sui chain Hippo Hippo, whose market value once exceeded Ethereum moodeng, and the emerging dirty fish Blub, as well as the cat-themed Meme Roaring Little Black Cat AAA on Sui, which is simply dazzling.
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With the explosion of Sui ecology, players on the chain must seize this wave of wealth opportunities! Foresight News has specially launched the "Gold Rush Manual Sui Special" to teach you how to harvest potential token airdrops, don't miss it!
Let's talk about the Memecoin super cycle. MustStopMurad's speech at Token 2049 went viral! What did he say? Simply put, Memecoin outperforms other tokens, whether new or old. He also mentioned that Memecoin's distribution method is fairer, and poor holders have become full-time propagandists. Retail investors just want to make money, enjoy themselves, and have a sense of belonging. Behind the Memecoin super cycle, there are also external factors such as inflation, AI stealing jobs, and income inequality. To put it bluntly, financial nihilism is at work.
Altcoins don’t focus on technology, and Memecoins don’t just focus on Memes. They are all tokenized communities that attract people through stories and technology and drive up prices. The best Memes are simply a culture, and can even develop into a small religion, with a complete set of values, lifestyles, and so on.
This week, several hot projects released token news. For example, Scroll announced the details of token distribution, and Binance will also launch Launchpool and pre-market trading. Puffer Finance also announced the token economics, and the first quarter airdrop qualification snapshot is out. CARV first quarter airdrop application is also open, and Swell liquidity re-staking platform is also open for airdrop query.
There are several other hot words that need to be mentioned. Bitcoin staking protocol "Babylon" completed the Cap-2 deposit activity and pledged a lot of BTC. FTX's restructuring plan was also approved by the court, and creditors will get their money! Bitget had some problems, and the price of BGB tokens fluctuated abnormally, but they said that they would fully compensate affected users. Finally, Binance Labs also invested in ZKsync's elastic chain Sophon. Although the amount was not disclosed, it is expected that the mainnet will be launched next month. It's really lively!
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