What projects are currently being hyped in the MEME coin market?
Recently, the primary market has been focusing on the TikTok concept and live-streaming coin issuance, as well as MEME coins on the BSC chain. I am also observing the consensus and popularity of these new projects in the market, and if I find certain opportunities, I will share them in the core group.
Among the TikTok concepts, the hottest project right now is Chillguy. Chillguy has gone viral on TikTok, it's a second creation dog similar to Peppa Pig, captivating a lot of attention with its laid-back expressions and actions. It is referred to as the breakout narrative in Web2.
TikTok is a typical Web2 platform, mainly used by young people, especially Gen Z and those born after 2000. They have limited knowledge of cryptocurrency and are typical outsiders.
Recently in the United States, in Google's autocomplete suggestions for "how to buy", the first result is Bitcoin, and the second is Chillguy. Elon Musk also retweeted Chillguy, followed by various social celebrities, causing an explosive growth in the project's popularity.
Today, Chillguy's market cap has also surpassed 450 million USD. Chillguy and the various tokens that followed, such as KACY, represent a new trend: outsider users are starting to enter the market. KACY is a viral animation created by @mark_kacy, shared by millions on Instagram and TikTok. And then there's live streaming.
The two hottest elements in the MEME coin space recently are live streaming and TikTok, and Live combines these two elements. A newcomer who is not very familiar with cryptocurrency learns about MEME coins through TikTok, and for the first time, learns how to Pump and issue coins live. In the live stream, netizens teach him step by step how to update Twitter, how to burn tokens, and the entire community is brainstorming for him.