DexScreener Popular Tokens: Is it Reliable to Track Them for Investment?
This article introduces the performance of the top 30 popular tokens ranked by DexScreener from July 10th to July 11th.
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The way to play memes is different again. What are you hyping now?
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Written by WOO
Background
The meme craze of this cycle was ignited by $BOME, followed by Pump Fun. However, Pump Fun’s feature of allowing everyone to issue coins also means that the differences between meme coins have been largely eliminated. In addition, Attract many players into the meme battlefield in a simple way.
With so many competitors, it is becoming increasingly difficult to mine golden dogs. The most obvious example is that in the BOME era, you can expect the market value of golden dogs to reach 500 million. , Pump Fun is a one-in-a-ten thousandth miracle to reach 50 million US dollars.
The decline in meme coin trading volume on Solana is also strong proof.
Reference: @Syndica_io
So is the meme over? No, it has evolved again.
This wave of meme craze started with the new dog Neiro adopted by Doge’s owner. Naturally, players on the chain will not miss this opportunity to speculate, and there is a new trend in the market. Uppercase NEIRO and lowercase Neiro. Everyone knows what happened next. Binance launched the spot Neiro, and its market value soared to nearly US$500 million. In terms of the macro environment, with the confirmation of a 50 BP interest rate cut, the market is expected to regain liquidity. The combination of the two is bullish, opening a new wave of memes.
So which meme coins are being speculated in the market recently? Let WOO X Research show you!
Zoo Chaos: Web 2 Keyword Narrative Hype
Muden:
Built on Solana, the image is MOODENG, a pygmy hippopotamus in a Thai zoo. Its cute image quickly became popular in the Web 2 world, providing a great opportunity for the zoo. It brought in revenue of US$360,000 in three weeks in September and attracted more than 80,000 visitors. Officials even launched a 24-hour live broadcast for it. Even X official published an article for it, which shows that MOODENG is very popular in the Web 2 world.
MOODENG also extended the craze of Web 2 to Web 3. On September 10, the token of the same name appeared on Solana, and its market value was only US$500,000 on the second day after it went online. , as the charm of the little hippo in the real world continues to be popular, the currency price has been rising after two weeks. On September 25, OKX posted photos related to MOODENG on Twitter, seemingly hinting that the new currency would be launched soon. At that time, the market value of the currency increased from US$80 million to US$100 million.
The current market value is approximately US$120 million, with an increase of more than 100 times in less than a month.
Pesto:
Built on Solana, The image is PESTO the penguin in Melbourne's Sea Life Museum. Similar to MOODENG, which became popular because of its different appearance from other animals of the same species, PESTO is different from other black and white penguins in that its fur is brown and is thicker than its parents. Taller and heavier, it is the heaviest penguin ever seen at Sea Life Melbourne.
The popularity has been reported by international mainstream media such as BBC and CNN. Even the famous singer Katy Perry is also a fan of PESTO.
The East has MOODENG, and the West has PESTO
In terms of currency price performance, PESTO is at 9 Created on March 18, later than MOODENG, it started with a market value of approximately US$1 million. The current market value is approximately US$20 million, achieving a 20-fold increase.
How will the zoo be hyped in the future?
Zoo meme coins mostly appear in the SOLANA chain
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Use Web 2 traffic search tools such as Google Trend to find celebrity animals that have become popular recently but have not yet appeared in currency. It is not limited to the massive exposure in traditional media. You can also pay attention to Web 2 social media, such as Tiktok, Instagarm, etc. For example, the Internet celebrity frog OMOCHI on Tiktok has a transaction volume of more than 11.5 million US dollars in three hours after it went online today.
Musk concept
Terminal
Built on ETH, the concept is Musk's "Mars City", which originated from Elon Musk's post in February 2020. He mentioned: "Mars is to Earth, as Terminus was to Trantor" which means that Mars is to Earth, as Terminus was to Trantor
And Trantor (Trantor) is the capital in Isaac Asimov's science fiction novel Galactic Empire trilogy, and many people speculate that Musk wants to use Terminus as the first city after Mars immigrants.
Honestly speaking, this narrative is not sexy enough in terms of meme concept. Firstly, Ticker is not intuitive enough, Terminus is too complex and difficult to pronounce, and secondly, it is an old post, meaning Not big. But it is worth noting that @liping007, an early investor in SHIB, purchased a total of 1.5 E when the market capitalization was about 160,000 and 460,000, and added 22 E of liquidity on September 24.
And he also vigorously promoted TERMINUS on Twitter. Many well-known KOLs and users in the Chinese area also followed his footsteps to purchase, such as 0xSun.
This meme coin is dominated by the Chinese community, and you can also get a glimpse of it from the transaction volume, in the time zone of GMT +8 0:00 ~ 08:00 The scarcity of trading volume at that time is the best proof.
TERMINUS's market value started from about 500,000, and its current market value is about 40 million, an increase of 80 times.
Mars
The concept is similar to TERMINUS, in September Launched on the 25th, it is the same as Musk’s Mars concept, but this Ticker is more simple and crude, and has better dissemination.
The opening market value was about 1 million, the highest market value reached 18 million, and the current market value is about 8 million US dollars.
How will Musk’s concept be hyped in the future?
Musk’s concepts are mostly on ETH
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The Mars concept was initiated by TERMINUS (uppercase), so its trend is an important indicator. If the market value falls below the previous low of 25 million US dollars, it is very likely that the meme narrative life cycle has been completed. .
SUI concept
SUI has skyrocketed recently, and tokens The price rose from 0.76 to a maximum of $1.8 in September, an increase of 126%, attracting market attention and having a wealth effect.
Crypto users who did not purchase SUI in the first place will look for meme currencies that can be purchased on the chain ( beta), so the meme currency in the ecosystem has attracted attention, and the influx of funds has a wealth effect.
BLUB
Is SUI’s number one meme coin, image It's a fish with the face of Pepe, and its current market value is as high as $38 million.
What’s interesting is that BLUB’s token issuance time is September 1st, which is similar to the starting point of SUI. It also has a market value of US$3.5 million from the opening The market value rose to a maximum of US$48 million, achieving an 11-fold increase,
Water Conservancy Bank
As you can see from the name, SUIB is the Shiba Inu coin on SUI. But what’s special about it is that @EmanAbio, the co-founder of SUI, forwarded a post related to SUIB on Twitter on September 24, and stated in it that the project was created by Aftermath, a lending platform on SUI. In terms of hype concept, it is more like an officially certified meme coin.
Through the post of the co-founder of SUI, SUIB also skyrocketed from a market value of 250,000 to a maximum of 2.73 million US dollars, achieving an increase of more than 10 times. But be aware that SUIB is extremely illiquid, with only about $400 million.
How will the SUI concept be hyped in the future?
The current meme coin hype on SUI is mostly due to a group of "Degens" who have shorted out the growth of SUI itself, as well as its own SUI ecological players, and is still in the PVP stage. .
If we want to truly attract a large amount of external funds to speculate on meme coins like SOL, one of the necessary conditions is for Binance to first launch the top ecological project on SUI. Such as Cetus and Scallop, "serious" projects must first be recognized by the market, otherwise the continuity of the overall meme will be difficult to maintain and it will easily become a flash in the pan.
Sui related tools
1. Recharge transaction sui, sui is also used as gas on the chain, which is equivalent to eth of Ether
2. Wallet
Sui Wallet https://suiwallet.com/
Suiet https://suiet.app/
3. Dexamethasone
https://app.turbos.finance/#/trade
https://app.cetus.zone/swap/
https://flowx.finance/trade/swap< /p>
https://dex.bluemove.net/swap
https://hop. ag/swap (aggregator)
4. Robot
https://t. me/suibainu_bot（Don’t put too much money）
5. Pumping Music
https: //movepump.com/
6. Chart
Dexscreen https://dexscreener. com/sui
Birdeye https://birdeye.so/token/chain=sui
7. Token security
https://app.insidex.trade/
8. Block browser
https://suiscan.xyz/mainnet/coin
9. Popular
https://t.me/SuiTrends
10. New currency monitoring
https://t.me/SuiPairs
* Meme currency investment risks are extremely high, please be sure to do risk control.
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