Original author: TechFlow
Today is September 29, 2024, an ordinary day of rest (make-up) and rest (shift), and the on-chain market is also not resting. From night to morning, diligent on-chain players have new gains, and several new angles of Meme Golden Dog have appeared: $Doge founder Shibetoshi Nakamoto s new kitten caramelo, the magic dog Point of dog...
What are these new concepts like, and which golden dogs with the same name have emerged? Without further ado, lets take stock!
Note: Meme token prices fluctuate drastically and there is a high risk. Investors should fully assess the risks and participate with caution. This article only shares information based on market hotspots. The author and the platform do not guarantee the completeness and accuracy of the content of the article. At the same time, this article does not contain any investment advice.
Point of dog
Today, I just opened my eyes and was flooded with the popularity and growth of the new dog meme $POD. After a little understanding, I found that this dog meme is not the pet of a celebrity, politician or founder, but a more Meme abstract image: Point of dog.
Judging from the pictures that have been flooding the screen, Point of Dog is more like a pure Meme character. The overall image is just the back of a dogs head, with various pictures implanted, playing the role of an observer. This kind of abstract + convenient and fast secondary creation IP is a favorite target for Meme lovers. (Belike another popular Solana Meme $MICHI)
Of course, having a fun IP is only the first step, and the conspiracy group is late but it is here. $POD launched Pump.fun at 2 am today, and it was fully loaded in about half an hour.
Pump.fun has used a familiar approach since its launch, with a wild rally. Less than half a day after its launch, its highest market value exceeded 10 million US dollars, and has now fallen back to around 4.6 million US dollars. The transaction volume has reached 22 million US dollars in the 12 hours since its launch.
The traces of the conspiracy group are very obvious. There is no nonsense at all. They just do things like pulling up the market and nothing else.
Dogecoin founders new cat Caramelo ($melo)
The magic dog $PODs pull has not ended yet. Shibetoshi Nakamoto, the protagonist of the concept of Dogecoin founder who was popular on the ETH mainnet a few days ago , tweeted at 9:41 am to show a new family member, the kitten caramelo, and kindly gave the abbreviation melo for the kitten. (Note from Shenchao: The kitten is very cute)
As soon as Shibetoshi Nakamoto tweeted, the eponymous token $melo was immediately put on the map. The familiar uppercase vs lowercase, ETH vs Solana, abbreviation vs full name...
Whats more, the project has already been completed by the CTO within two hours of the tweet being sent out...
Currently, the following tokens have relatively large trading volumes in the melo concept:
melo ($melo) - ETH
24H trading volume: USD 2.9 million
Current market value: $770,000
Maximum market value: $1 million
Melo, the concept coin with the highest market value on the current ETH chain, is considered to have taken the lowercase pit from the name. The GMGN.AI monitoring tool shows that DEV itself has bought many times, and the TOP 10 has a large number of holdings.
Caramelo ($MELO) - ETH
24H trading volume: $3.3 million
Current market value: $567,000
Peak market value: $2 million
Melo is the concept coin with the highest transaction volume on the current ETH chain. The name is capitalized. The token initially surged and then fell back. It should be the capitalized branch that everyone rushed to at the beginning.
caramelo ($MELO) - ETH
24 H trading volume: $146,000
Current market value: $500,000
Peak market value: $620,000
This token was issued later than the previous two, and its market value and trading volume are much smaller. As of writing, it has not yet experienced a deep correction. However, there are still many sniper users who have not cleared their chips, and the TOP 10 holdings account for a high proportion, so the potential selling pressure is very large.
Caramelo ($MELO) - Solana
24H trading volume: USD 3.6 million
Current market value: $5.1 million
Peak market value: $10.1 million
The $melos on the ETH mainnet are competing with each other, while Solana is more focused. $MELO, which came out of Pump.fun, directly hit a market value of tens of millions with a full risk warning, which is quite like the style of a conspiracy group.
Meme participation is very risky, with unlimited opportunities and limited capital. Dont Fomo, dont go all-in, Over.
