Original - Odaily
Author-husband how
Following the explosion of the Meme coin BOME, with a maximum investment return of nearly 460 times, the Solana Meme wave has begun again. The new generation of Meme fundraising methods has also become the standard for recent popular Meme projects.
Compared with the previous development trend of Meme coins, the scale of Meme coins this time, the high growth rate, and the rapid breakthrough of key market value points have made the market shine brightly, and even shocked the hard-working encryption projects. “Years of hard work are worse than just a few days of MEME.”
On the one hand, Meme has taken advantage of the FOMO sentiment of investors who have been short of the mainstream currency market in this round of market conditions - the market has risen as a whole before, and Bitcoin has repeatedly hit new highs. However, not all crypto natives have enjoyed the water level raised by the intervention of traditional capital. . The emergence of this Meme wave has allowed this FOMO emotion to be vented, creating the myth that BOME exceeded US$2 billion in market value in less than three days and landed on Binance within three days.
On the other hand, the birth and development of this round of Meme also coincides with the development of the asset issuance model in the crypto world - in the past, most of the origins of Meme tokens were due to an event, a famous person or a cute pet, and they had random attributes. . However, with the rise of BOME this time, all the funds raised will be added to the LP pool, which reduces the risk of project control in Meme coins and at least creates a fairer sense of token launch, which is more in line with the core values of Web3.
The two have pushed this round of Meme market to a climax and further enhanced the community cohesion of Solana ecology. Thus making Solana (SOL) and The Book of Meme (BOME) the most popular coins on crypto social media last week.(Recommended reading: The market value exceeded US$80 million within half a day of being online. Why did Pepe Meme artist’s BOME become so popular?》《Solana’s Golden Age: New Stories, New Beginnings》。）
So which new Meme projects are still hot right now? How does the average investor find new Alpha projects? Odaily will take stock of recent popular Meme projects and list ways to obtain information and data on new Meme projects.
Hot New Meme Review
The Book of Meme（BOME）
March 13,The Book of Meme（BOME）The fund-raising started, and more than 10,000 SOL were raised in just two days. The founder of the project, Darkfarm, added all the SOL raised into the LP pool. The initial price was 0.0 {3} 496 USDT, and the highest price rose to 0.0268 USDT, with the highest increase of nearly 460 times, with a market value of over US$2 billion. Such as Bybit, XT.COM, CoinW, etc. have successively launched BOME, which is a feat of landing on Binance in three days. BOME is currently trading at 0.0092 USDT, with a market value of $638 million.
As the leading project of this new Meme wave, The Book of Meme is published by Pepe Meme artist Darkfarm. It is a permanent storage library for Meme and will expand a series of Meme creation functions on its basis.
BOME adopts a pre-sale fundraising method and injects all raised funds into the LP pool, which enhances the depth of token liquidity and makes it easier to attract large funds. The project sides income is in the form of donations - once the tokens rise, investors receive huge profits, and it becomes more convenient to donate some funds to the founders. This makes the relationship between founders and the community more like mutually dependent partners.
But when the currency price falls, how much momentum is left for the project’s subsequent development? I believe we will see the answer soon.
SNAP（NAP）
March 15,KOL KeroOpen a vote on social media on whether to issue Solana Meme tokens. After the vote was passed, it took less than 2 days for SNAP to raise approximately 54,696 SOL, which was worth more than 10 million US dollars at the time. On March 17, a liquidity pool was built on Raydium and opened for trading. The initial price was 0.0 { 4 } 216 USDT, which rose as high as 0.0 { 3 } 153 USDT, with a maximum increase of more than 7 times and a market value of nearly 200 million US dollars, has been listed on Bitget, XT.COM, CoinW and Gate.io. NAP is currently trading at 0.0 { 4 } 162 USDT, with a market value of $26.64 million.
SNAP is a new Meme project that has been frequently selected by CEX after BOME, and its popularity remains high. COCO, the representative of SNAP, is a crocodile picture similar to PEPE style. However, SNAPs currency issuance this time is more to rely on the popularity, and there is no follow-up project development plan similar to BOME disclosed.
Nostalgia（NOS）
March 16,Nostalgia（NOS）It took less than 12 hours to start raising funds, and raised more than 16,000 SOL, which was worth more than 3 million US dollars at the time. On March 17, NOS completed overtime fundraising refunds, token airdrops, and token listings.
Project founder Satoshis Mom also injected all the raised funds into the LP pool. The initial price was 0.0059 USDT, rising to a maximum of 0.0698 USDT, with a maximum increase of more than 11 times, and a market value of nearly 90 million US dollars. MEXC and BitMart have launched NOS one after another. NOS is currently trading at 0.0043 USDT, with a market capitalization of $4.23 million.
Compared with the first two projects, Nostalgia (NOS) is relatively less popular, but the foreign community atmosphere is better. The founder of the project, Satoshis Mom, has been creating pixel art since the beginning of 2021 and has collected it to more than 1.1 million people on Ethereum. Home sold more than 7,000 NFT artworks. The concept of Nostalgia this time is the theme of nostalgia, and Satoshis Mom also announced in Discord the follow-up plan to launch the inscription project of the Bitcoin ecosystem.
Slerf（SLERF）
March 17,Slerf（SLERF）Only 13 hours after posting a fundraising tweet on Twitter, the fundraising amount reached the maximum, raising more than 50,000 SOL.
Then on March 18, bad news came out of the Slerf project. The project founder made a mistake and destroyed the airdrop tokens, and the minting rights were revoked. At the same time, the project founder confessed his mistakes through tweets and Space, but unexpectedly , the Slerf project did not die because of this. Instead, it aroused the response of the community and bought in one after another, causing the token price to increase by more than 700% in 1 hour. At the same time, it took 30 minutes to refresh BOME. It took 9 hours for the market value to exceed 100 million, and the token price was the highest. It rose to 1.36 USDT, with a market value of nearly $700 million. The current price is 0.7578 USDT and the current market cap is $380 million.
As the most eye-catching presence in the Meme sector today, Slerf has successfully attracted the attention of exchanges such as XT.COM, Bitget and CoinW due to its incredible deeds, and has successively launched SLERF. For more on the outrageous Slerf incident, seeThe market value exceeded US$470 million in 3 hours, a quick look at SLERFs horse-catching story。
The above-mentioned Solana Meme project is selected from thousands of Meme projects as a representative and listed one. However, the popularity of Meme this round has also radiated to other public chains, such as LPM on Aptos and sener on Avalanche.
How to get first access to Meme projects
The wealth effect brought about by this round of Meme market has made most people jealous, so how to obtain project information first and judge the project potential as much as possible? Odaily summarizes the relevant features and tools in this round of Meme market for your reference.
From a query tool perspective:
First of all, in this round of Meme market, Twitter is the main platform for most projects to initiate fund-raising. Most well-known project founders will first initiate a vote on Twitter on whether to issue tokens to collect the first part of the communitys attention. , and then promoted through fundraising tweets. Therefore, information on how to quickly find popularity and new Meme tokens on Twitter mostly comes from keyword searches.
For example, most tweets about fundraising for new projects will be associated with already well-known Meme projects. Therefore, it is common to search for related well-known projects on Twitter, such as PEPE, BOME, and the newly popular SLERF. However, it is necessary to check the authenticity of the projects in time. , try to choose project founders who are well-known. For example, you can check the number of Twitter followers, whether there are big V followers, and the popularity of each tweet.
Second, dedicated data analysis tools, such asDexscreenerandArkham Intelligence, through changes in market data to find Meme tokens with high market popularity. However, this type of tool requires a certain degree of proficiency, and novices need to explore a little.
Finally, primary market data and market websites may not be able to obtain the early alpha of new projects most of the time, but they do not want to miss the later gains, which requires market tools such as analysis of price trends. More commonly used in the pastCoinGeckoandCoinMarketCap, the timeliness of data on new meme coins is not excellent. This round of Solana Meme is trendingBirdeyestand out.
From the perspective of project characteristics:
First of all, BOME’s fundraising method is the most important feature of this round of Meme market. All the funds raised are injected into the LP pool, which not only increases the depth of token liquidity, but also creates fair launch opportunities.
Secondly, judging from the common characteristics of most projects such as BOME, NAP and Slerf, Pepe-style projects dominate. BOME founder Darkfarm is a Pepe Meme artist; NAP is released from COCO (Pepe-style crocodile); Slerf (Pepe-style sloth).
Finally, excluding the unexpected popularity of Slerf, most projects can obtain higher returns. This mainly depends on the depth of the LP pool, which is the total amount of funds raised. Therefore, keep an eye on the fundraising progress and total amount of related projects at any time to judge this project. popularity, and the most important reason is that the depth of the LP pool is relatively high, and large investors or so-called bookmakers are willing to enter the market, thus arousing the publics FOMO mood, and then rushing to rush.
Odaily would also like to remind readers that although this round of Meme market has a high wealth effect, Meme coins are highly volatile and short-lived. Please invest with caution and be aware of risks.
Recommended reading
