Today is November 15, 2024, and the market sentiment index has soared to 88, entering an extremely greedy mode. It can be said that now is "a few are happy, hundreds are sad" - Bitcoin (BTC) and various meme coins have taken turns to perform, breaking new highs and rising wildly, with dozens of times of increase that makes people numb; while most altcoins are dormant, with negligible increases.
With the previous performance of $ACT, $PNUT and others as a lesson, Solana Meme Coin has also started to take the lead today, far ahead of most currencies in the market. At the same time, popular currencies such as $ai16z and $Shoggoth have also broken new highs, with weekly gains exceeding 1000%. Not only that, a number of new coins have emerged in the market, continuing to attract capital inflows.
In order to help everyone grasp the latest market trends, I have compiled some Memecoins that have soared today for your reference.
1. $🦅-Free Shayne Coplan ()- Support Polymarket founder narrative
Contract address:
AyxrBmqbzf169oe14XcSDMbgpUV1ntP6thcScYpYpump
24H trading volume: $150 million
Current market value: $16 million
After Shayne Coplan, the founder of prediction market platform Polymarket, was recently raided by the FBI, Pump.fun quickly launched a meme coin with an eagle logo, "Free Shayne Coplan (FSC)", to express support for him. Shayne Coplan publicly accused the incident of "political retaliation" on Twitter, and this statement quickly attracted widespread attention and even received a quick response from Musk.
This high level of attention and support has made the FSC token continue to ferment, attracting a large amount of speculative funds to intervene. Currently, the price of this token has shown a trend of rising and falling, and its market value has soared to 16 million US dollars, becoming a highlight in the recent market.
2. $OBOT(O.XYZ)-$IO founder starts a new business
Contract address:
7yZFFUhq9ac7DY4WobLL539pJEUbMnQ5AGQQuuEMpump
24H trading volume: $81 million
Current market value: $31 million
O.XYZ is an AI project launched by Ahmad Shadid (@shadid_io), the founder of IO.NET. The white paper claims that it will create the world's first decentralized super AI platform governed by the community. The project's token $OBOT is issued on Pump, and the founder Ahmad Shadid himself actively participates in the order, trying to promote the attention of the token.
This morning, the $OBOT token was officially launched. With Ahmad Shadid's continued promotion and publicity on Twitter, the market's enthusiasm has been continuously ignited, driving the token price up all the way. Currently, the market value of $OBOT has exceeded 30 million US dollars, showing strong market performance and capital influx.
3.$LESTER
Contract address:
5z3iCe53hUANTiG8Js8RjHNE2Arjik7L2CXLyr2rpump
24H trading volume: 40 million USD
Current market value: $9 million
This morning, the official Twitter account of Litecoin ($LTC), one of the old coins that was considered to be dead, @litecoin, suddenly came out to play a meme and released a message saying that since Meme coins currently occupy most of the liquidity in the market, they now also agree that $LTC is a Meme coin. This statement not only caused $LTC to rise slightly, but also triggered further heated discussions in the market.
Immediately afterwards, this event gave rise to a phenomenon of riding on the popularity of the blockchain, and Memecoin $LESTER on the Solana chain officially debuted.
4.$FRED
Contract address:
CNvitvFnSM5ed6K28RUNSaAjqqz5tX1rA5HgaBN9pump
24H trading volume: $180 million
Current market value: $231 million
$FRED and squirrel $PNUT are both meme coins in the so-called "euthanasia" track, representing the raccoons and squirrels that are "euthanized" respectively. Recently, $PNUT has experienced a strong pull-up, and the market heat continues to heat up. Then $FRED also began to rise, and the market value has been rising all the way, reaching a peak of 340 million US dollars.
5. $DOGE (Department of government efficiency) - Solana version of the Department of Government Efficiency
Contract address:
9TY6DUg1VSssYH5tFE95qoq5hnAGFak4w3cn72sJNCoV
24H trading volume: $135 million
Current market value: $60 million
Recently, everyone is still talking about Musk’s “D.O.G.E” concept. Although the coin of the same name on the Ethereum mainnet has declined a bit, $DOGE on Solana is still rising, and its market value has now reached 60 million US dollars.
Summary: The market is hot, the narrative is constantly updated, pay attention to the risks
Judging from the current market sentiment indicators, coupled with the "anyone can play" performance of the Meme coin sector, it is clear that the market is in a period of long-accumulated sentiment. We can see that the market value of emerging narrative projects continues to surpass those of old assets, and there are many opportunities.
However, there are also many risks hidden behind these great opportunities. Therefore, while going with the trend, we still have to stay calm and not be carried away by the short-term enthusiasm. The key is to carefully identify potential risks.
