jakiro
introduction
With the gradual maturity of the crypto market and the continuous evolution of the industry structure, Meme Co., Ltd. has developed into an emerging track with a market value of over 100 billion US dollars with its unique value capture model and community consensus.Against the backdrop of market volatility and stricter regulatory environment, the resilience and vitality it demonstrates have triggered the industry’s in-depth thinking about its core values.
In order to fully grasp the development context and future trends of the Meme track, LBank Labs, together with MetaEra and Bee Network, jointly released the research report “2024 Meme Track Research: Breaking the Circle and Rebirth, and moving from controversial narrative to the 100 billion track”.This in-depth research report, through a systematic analysis of market size, ecological pattern, infrastructure construction, exchange layout and other dimensions, presents the evolution trajectory of the Meme market from retail investors to 100 billion track, and fully demonstrates its ecologyValue and development prospects.
TL;DR
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As of November 29, 2024, the overall market value of Meme coins has climbed to US$116.82 billion, accounting for 3.5% of the market share and is showing a growing trend;
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Overall, the Meme currency market performed well in 2024, with the Benchmark index performing 279.8%, surpassing mainstream currencies such as Bitcoin and Ethereum. It has become a new investment target and is welcomed by retail investors, institutions and funds;
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The prosperity of the Meme currency market is largely based on the continuous improvement of the underlying infrastructure, especially the introduction of products such as Pump.fun, Sunpump, Moonshot, etc., which greatly reduces the cost of token issuance and player participation;
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Memes in chains such as Solana, etherum are more competitive. Although the launch of Sunpump on the Base chain in Q2 and Tron chain in Q3 ushered in a brief boom, there is obvious narrative weakness and insufficient long-tail effect;
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In 2024, the Meme wave was jointly affected by narrative, social hot topics, technology, etc.In the current narrative, most of the animal Memes and Cult cultures are memes, and they have deep cultural roots and a loyal fan base;
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Meme has become a new battlefield for crypto CEX competition, intensifying user traffic disputes between leading exchanges and radical exchanges. Among them, LBank has become the new Meme King with the advantage of “the earliest time to go online, Meme and Meme’s wealth effect concentration”;
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Although Meme was controversial in the early days, institutions, retail investors and KOLs had mixed opinions on this, with the significant market effect of Meme in the second half of the year, the attitudes of some institutions have changed;
1: Meme’s overall market performance is better than other narratives
Meme market outperforms other narratives
According to Artemis Terminal data, from the beginning of the year to November 29, Memecoin performed with a Benchmark index of 279.8%, far surpassing Bitcoin’s 118.9% and gold’s 27.4%.Among them, in the first half of 2024, AI Token led the way, but starting from March, Memecoin caught up and strengthened against the trend, the Benchmark index firmly ranked top1, and the data remained above 40%; in the second half of 2024, with the market recovery, Memecoin,Bitcoin and gold trends showed a positive correlation, with Memecoin’s Benchmark index significantly better than Bitcoin, Gold and Outerlands fundamental indexes.
(Data source: Artmis Terminal)
CoinMarketCap data shows that as of November 29, 2024, the total market value of Meme has achieved a significant increase, jumping from US$22.28 billion at the beginning of the year to US$116.82 billion, an increase of up to 424%.At the same time, its daily trading volume has also experienced a significant increase, from a low of about $685 million in early February to a high of $71.91 billion on November 14.
Meme Coin Market Value and Daily Trading Volume
(Source: CoinMarketCap)
It is worth noting that compared with the trading peak in March, November ushered in the Meme Summer boom again, with daily trading volume stably remaining at about US$30 billion and once exceeded the US$70 billion mark.The market’s interest and confidence in the Meme have rebounded strongly to near March levels, and this trend is still continuing.
In 2024, the entire crypto market has undergone natural screening and evolution, the long-respected crypto narrative has been questioned, financial nihilism is prevalent, and Meme coins occupy the role of its super-expressive, spontaneous and dramatic performances, with their supernatural, spontaneous and dramatic history.The headlines of the crypto market and has been officially gained wide recognition and audience base as a single track, becoming a new “growth point” pursued by the crypto market.
Annual Meme Market Trends Review
Starting from mid-March 2024, BOME’s Meme coin pre-sales have ignited the market, and Pepe Meme artist Darkfarm’s BOOK OF MEME (BOME) triggered a surge in Gas fees on the Solana chain, with a market value of US$1.9 billion in three days.At the end of March, Slerf adopted the pre-sale model, but because of the founder’s mistake, it destroyed the liquidity token, which became a social experiment of “Fair Launch”, and its market value quickly exceeded US$100 million, becoming the new king.Starting from June, the TVL of Base Chain increased to US$8 billion, and the Meme coin project gained popularity on the Base Chain. In July, Mister Miggles’ Meme coin soared by 900 times.As the US election approaches, PolitiFi-themed Meme coins such as People and MAGA (TRUMP) have also set off a speculative craze.
In Q4, Neiro led the dog-themed Meme coins and experienced dramatic ups and downs.Solana Chain’s Neiro soared 50 times as Vitalik sold MEME tokens. The capital NEIRO on Ethereum used the exchange to push its market value back to $180 million, but encountered a trust crisis due to the “rat-holding” incident.At this time, the lowercase $Neiro of the community version was launched on Binance, soaring 30 times, becoming a new force in Meme.In late October, $GOAT (Goatseus Maximus) Meme with AI-themed rise, with a 70-fold increase in 4 days, and entered the Binance contract.At the end of October, $Ban quickly broke through the market value of $20 million based on the banana art auctioned by Sotheby’s, becoming a hot spot for performance art.
Meanwhile, $ACT and $PNUT became representatives of AI Meme and the “save theme” Meme, which originated from the tragic story of Peanut squirrels, becoming symbols of the interweaving of politics and culture.The two Memecoins, $RIF and $URO launched by pump.sci, soared 20 times in just two days, and Binance Labs’ first layout in the DeSci field has once again triggered a wave of innovation in the market.In mid-to-late November, ChillGuy, through tweets from President El Salvador and Musk, became a new star in the Meme field, showing a seamless combination of Meme and social media hype.
2: Solana and Ethereum become the main battlefield for Meme players to participate
In this Meme wave, Solana and Ethereum have become the main battlefield for Meme players to participate, and most popular and top projects including BOME, Neiro, MOODENG, GOAT were also born here.
CoinGecko data shows that as of November 29, Meme’s total market value has increased by more than US$116.82 billion, and the daily trading volume remains at the level of US$10 billion. Among them, Meme on Ethereum has exceeded US$34 billion, and Meme on Solana has exceeded US$10 billion.With US$20.4 billion, the two account for 46.56% of the overall market. At the same time, most of the Top 10 Meme projects are from Ethereum and Solana, which also confirms the strong influence and appeal of Ethereum and Solana in Meme.
According to DexScreener data, a large number of Mmeme coins are created every day, especially during the Pump.fun and SunPump booms, the number of memes created daily can reach an astonishing 100,000.Meme Coin has shown a vigorous development trend in multiple blockchain ecosystems such as Solana, Ethereum, Base and BNB.
Ethereum Meme Coin Ecology
As the birthplace of the earliest Memes, Ethereum has irreplaceable advantages.Among the top 10 Meme projects with market value rankings, four of them are from Ethereum. As of November 29, their total market value reached US$26.2 billion, accounting for 20.85%.
Judging from the data such as market share, development history, user scale and user type, the leading Meme coins on the Ethereum chain not only have significant market advantages, but also have strong community support.Judging from the launch time, most of the Ethereum Meme coins with higher market value were launched earlier, the earliest of which was Shib released in August 2020, with a current market value of more than US$14.8 billion.These Meme coins have experienced long-term market tests, and the accumulation of time has further consolidated users’ consensus on projects.
In this round of Meme coin boom, we have observed a significant trend: the liquidity of the same projects is generally better on Ethereum than Solana.Taking MAGA as an example, its liquidity on Ethereum is actually 15.5 times that of Solana, which is particularly eye-catching.In addition, from multiple key dimensions such as market value, trading volume, and position size, Neiro on the Ethereum platform has also shown better performance than its Solana chain.
Ethereum has a certain advantage in the Meme currency market size, which is mainly due to the strong support of old Meme coins such as SHIB and PEPE. However, during this round of Meme Summer, Ethereum performed slightly in creating new Meme “memes”.It is obvious that its Meme content is still mainly concentrated on zoo themes and PEPE derived themes.
Solana Meme Coin Ecology
Solana is the fertile ground for this Meme boom. Most of the new leaders Memes come from this chain, which has injected strong momentum into Solana’s data growth and on-chain activity.DefiLlama data shows that due to the rising hype sentiment of Meme coin, daily transaction fees on Solana’s blockchain reached a high of $13.86 million on November 22.
(Source: DefiLlama)
As of November 29, the total market value of meme coins on Solana exceeded 20 billion.Among them, Bonk ranked first in Solana Meme coins with a market value of US$3.3 billion, followed by: WIF (US$3.1 billion), POPCAT (US$1.2 billion), PNUT (US$1.19 billion), MEW (US$840 million) and GOAT(US$840 million).
On November 17, for the first time, there were six Memecoin with a market value of more than US$1 billion on Solana, all of which were among the top 100 market capitalizations, setting a new record.
(Source: CoinGecko)
The Meme boom in the Solana ecosystem is largely attributed to the outbreak of BOME and SLERF in March.These two projects not only created wealth myths in a very short period of time, but also helped Solana flourish with the widespread FOMO sentiment in the market.In addition, the extensive interactions of Solana’s founders have enhanced the spread of this craze and further expanded its influence.
The Meme project on Solana’s platform quickly attracted a lot of attention with its keen hot spot capture ability, not only showing amazing price soaring potential and strong attractiveness to capital, but also being extremely creative, from cute pets (cats, dogs),Fun emoticons to cutting-edge PolitiFi and AI themes, everything is available.
3: Infrastructure is constantly improving, and the Meme issuing platform dominated by Pump.fun accelerates the prosperity of the Meme market
Behind this round of Meme market boom, the rapid development of infrastructure and on-chain robots is inseparable from the rapid development of infrastructure and on-chain robots. It provides multi-functional super-powered sniper robots including fixed investment, limited orders, pool monitoring, etc., which can be made based on real-time data and operable signalsBetter decision-making.At the same time, the improvement of infrastructure such as “one-click issuance of coins”, “ultra-low cost”, and “simplified process” has promoted the prosperity of the Meme market, and issued platforms such as Pump.fun, Moonshot, and SunPump have emerged, accelerating the arrival of Meme Summer.
Among them, Pump.fun occupies an excellent ecological position with its first-mover advantage, continues to attract market attention, and forms a liquidity agglomeration effect. More traffic will emerge in Pump.fun, and the continuous liquidity will be achieved through incremental growth.attract.
Pump.fun
Created by founder Alon in January 2024, Pump.fun is a platform for creating and trading Meme coins based on the Solana blockchain, allowing anyone to launch their own Meme coins at the lowest cost (0.02SOL).So far, Pump.fun has issued more than 1 million Meme coins, accounting for 67.5% of Solana’s daily token issuance, and has become the highest-paid agreement on Solana.
In 2024, the most popular Meme coins were basically created on Pump.fun, including PNUT with a market value of US$1.19 billion and GOAT with a market value of US$840 million.
Core functions:
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Core mechanisms: no team allocation, no pre-sale, automated liquidity injection, and a unique Bonding Curve pricing model;
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Low cost of issuing coins and easy to operate: users do not need to have any programming skills or technical background, they can create and issue their own Meme coins by paying a fee of 0.02 SOL;
Pump.fun’s market performance and wealth effect
Dune data shows that as of November 29, Pump.fun has deployed more than 4 million Meme coins since its launch in February, successfully capturing 1,527,143 Sols, with a total revenue of more than $1.5 million.
(Source: Dune)
Among them, DefiLlama data shows that Pump.fun is currently the eighth largest revenue blockchain protocol, with processing fee income of US$86 million in the past 30 days, and cumulative processing fee income of more than US$225 million. On November 25, Pump.funIt surpassed Tether for the first time, with a daily income of $14.49 million, becoming the highest 24-hour revenue agreement.
MoonShot
Moonshot is a mobile application focused on Meme transactions built on the Solana network, which supports users to directly purchase Meme coins through fiat currency deposits such as Apple Pay, credit cards, PayPal, etc.Moonshot has attracted a large number of traditional users to participate in Meme currency investment by simplifying the operation process of cryptocurrencies.
Among them, Moonshot was incubated by Alliance DAO, the Pump.fun incubation team, and was recommended by Meme’s new generation KOL Murad in the early stages of its launch. After launching $MOODENG and $GOAT, it achieved a growth of more than ten times, and then entered the public eye.
Core functions:
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Fiat currency deposit: Through payment methods such as Apple Pay, credit cards and PayPal, users can quickly recharge their funds.
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Token screening and listing mechanism: Moonshot strictly screens and quickly lists the popular Meme coins to provide users with potential huge profit opportunities.
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Convenient Transactions: No wallet management or Gas fees are required, all transactions are completed in seconds through Solana.
Moonshot’s market performance and wealth effect
Dune data shows that Moonshot has shown an overall upward trend in transaction volume and transaction fees. Since September, Moonshot’s single-day fee revenue has peaked more than US$270,000, and the maximum number of daily transaction users is 13,856.
(Source: Dune)
As a mobile platform focusing on Meme currency trading, Moonshot maintains a low-frequency and high-quality currency listing rhythm with its rigorous token screening mechanism.On the platform, multiple potential Meme coins shine as soon as they were launched, especially MOODENG and GOAT. They recorded an astonishing 100 times and 30 times growth after Moonshot was launched, which quickly attracted the attention of many retail investors and set off a wave ofAnother wave of short-term value surge.Moonshot’s “selected listing and igniting growth” model has become a highly sought-after highlight in the Meme currency market.
SunPump
SunPump is a TRON-based Meme coin generator platform launched by Sun.io on August 9.Users only need to select a picture, set the number and theme of tokens, and then pay a small amount of funds to issue a Meme coin of their own.
Core functions:
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One-click coin issuance: Users only need to fill in simple information such as token name, symbol, description and pictures, and pay a small amount of TRX creation fees to issue their own Meme coins in one click.
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Joint Curve Pricing Model: SunPump adopts a joint curve pricing model, which ensures that all participants trade in a fair environment and avoids the common price manipulation problems in traditional ICOs.
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Automatic liquidity injection: When the market value of Meme coins reaches a specific standard, SunPump will automatically inject part of the funds into the SunSwap V2 liquidity pool and destroy the corresponding number of tokens.
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Gas fee reduction: SunPump launches up to 99% of the Gas fee reduction campaign.
Sunpump’s market performance and wealth effect
(Source: CoinGecko)
According to CoinGecko data, as of November 29, the market value of the SunPump ecosystem exceeded US$220 million.Dune data shows that Sunpump has successfully issued 92,039 Meme coins, with a total profit of 35,635.04 $TRX. Its on-chain gas fees and transaction volume reached a historical peak on August 21, and its revenue exceeded Pump.fun on the same day, reaching$560,000.
(Source: Dune)
The short-term effect of Meme projects on the SunPump platform is obvious and often faces challenges that are difficult to maintain in the long run.Among them, Sundog, as the most popular Meme of SunPump, has quickly climbed to a high of US$200 million less than a week since its launch.However, the subsequent growth momentum is gradually weakening, and the current market value is stable at around US$160 million.
4: Meme narratives are condensed with hot events, celebrity effects, Cult culture and AI meme
As a unique phenomenon in the crypto market, Meme coins have shown a diversified development trend in different cycles.Meme Summer in 2024 not only receives multiple influences from market sentiment, market narrative, mechanism innovation, celebrity effect and technological progress, but also becomes an important window for understanding market sentiment.Meme gradually evolved into a prism that reflects investor mentality, maps hot events, and leads market narratives.
Currently, the Meme coins on the market mainly show four types:
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The Cult cultural department represented by POPCAT has gained market praise through its unique community cultural cohesion;
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There are old Meme coins such as DOGE that have been frequently endorsed by Elon Musk, the godfather of Meme, and the zoo-based Memes of the rising stars Neiro, which continue to lead through the celebrity effect and lasting market influence;
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Hotspot mapping system represented by BAN, quickly respond to and quantify hotspot events;
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AI theme systems represented by GOAT and ACT are created with new technological narratives;
Meme from the Cult and Zoos show strong market resilience in the 2024 Meme Summer, especially after experiencing market washouts and long-cycle turmoil, it achieved a significant rebound with a sustained long-tail effect in early November.
Cult-based Meme coins, such as POPCAT, have gained strong market recognition in the market through specific cultural symbols and carefully constructed community spirit.Compared with the widespread dissemination of the zoo system, the Meme coins of the Cult Culture Department emphasize more on the cohesion and exclusivity of the community.They maximize user stickiness through a unique “inner circle culture”, which is not only reflected in the market’s upward cycle, but also shows strong performance when the market is downward or uncertainty is enhanced.Market patience.
The zoo Meme represents the most entertaining and socialized category, from Doge and Shib who have frequently accessed Elon Musk to the rising stars Neiro and APU, through simple and easy-to-disseminate image and humorous marketing methods., maintains strong user stickiness for a long time.Although the initial performance of Meme coins often depends on market sentiment fluctuations and short-term speculation boom, their unique cultural and social image, as well as the support of celebrity effects, have a stronger market resistance to stress.In 2024, the market rebounded, and the zoo Meme coins ushered in an explosion again with their long-term sense of cultural identity.Especially PNUT’s redemption story, its counterattack is another milestone event for the animal Meme.The success of PNUT has led to the rise of a series of redemption concepts Meme, which is the best proof of the strong resilience and inclusiveness of the animal Meme.
Hotspot mapping systems and AI theme systems are the products of the rapid change of market hotspots and the development of new technologies.The value of Meme coins generated by hot spot mapping such as BAN is more reflected in their ability to quickly respond to market events and effectively convert them into market capital attention; Memes in AI themes are often “technology-driven” and “future potential”To sell points, it attracts the attention of a large number of technology investors and AI enthusiasts.
The highlight of Meme Summer in 2024 is Cult culture, zoo concepts, hot events, and AI innovation, but we can foresee that with the continuous development of the Meme market, Meme narrative will become more diversified, and will be used on short video platforms such as Tiktok.Under the catalysis, Meme’s spread speed and influence have been significantly improved. For example, Meme with Tiktok concepts such as Chillguy is popular in the market, showing the characteristics of the integration of hot events and celebrity effects.Looking ahead, this interweaving of multi-dimensional narratives will continue to inject new vitality into the Meme market and bring more possibilities to the creation of Meme.
5: Meme has become the Pump pool for CEX to compete for traffic, among which LBank has become the new generation of Meme King with its significant wealth effect.
In the current market environment where competition between CEX and DEX is becoming increasingly fierce, traditional centralized exchanges are facing a situation of constant squeeze.In order to seek new revenue sources and seize market share, CEX has begun to actively adjust its currency listing strategy, increasingly tending to cater to users’ demand for Meme coins.With its high traffic and fast wealth effects, Meme coins have become a key tool to attract new users and stimulate capital inflows.
In essence, similar to Bitcoin’s duality of risk-haven assets, Meme coins are new for most exchanges that can be used as a single sector, and due to its soaring wealth effect, they satisfy investors’ pursuit of returnsThe growing rigid demand has lowered the learning threshold for investors to allocate risky assets.
Among them, we have sorted out the information of the competitive exchange that currently launched Meme coins, and started from popular Meme coins to measure the sensitivity of the exchange through data such as online time and maximum increase. The details are as follows:
1) The listing situation mainly involves counting the current number of meme assets on each exchange, the details are as follows:
Throughout 2024, LBank, Gate and Bitget have launched the largest number of Memes, 281, 63 and 46 respectively. The proportion of meme coins is also very significant. LBank has reached 34%, Gate is 15%, and Bitget is 9%.
2) Popular memecoin mainly compares the data dimensions of the currency listing time, current increase and market transaction volume. The situation is as follows:
Data research shows that its Binance still has the highest market share and still has a relatively strong currency listing effect. However, compared with second-tier exchanges such as LBank, Bitget, and Gate, its currency listing effect is weakening;
Secondly, LBank, Gate and Bitget, with a sharper market sense and higher efficiency of coin listing, successfully captured the early dividends of the Meme market and became the best battlefield for PVP to gain beta returns.Among them, LBank launched MOODENG as early as September 23, with its maximum increase of 63 times. Its GOAT and PNUT set 299 times and 81 times respectively on LBank.
It is worth noting that LBank’s special cooperation with SLERF in April attracted a large amount of traffic, among which the transaction volume share of Goat, Neiro and other transaction volume even surpassed Kucoin and was the same as OKX data.Especially in the early stages of the Meme coin boom, the trading platform attracted a large number of community users and transaction traffic by quickly launching hot projects, establishing a strong competitive barrier for it in this field;
The competitive landscape of the Meme market is gradually differentiating, and first-tier exchanges rely more on brand effects and existing user advantages, while second-tier exchanges such as LBank rely on faster coin listing speed and strategies closer to market sentiment to compete for trafficCome from behind.This trend shows that in the future, the competition of exchanges will not only rely on the platform scale and brand strength, but also requires higher flexibility and accuracy in market timeliness and user needs.
This strategic change of the exchange is not only an active cater to Meme culture, but also a narrative of “emerging retail investors” in the increasingly circulating currency market cycle, further strengthening its influence in the hearts of users.This trend also reflects the important position of market-driven Meme sentiment in exchange revenue strategies.
6: Although Meme currency was controversial in the early days, the attitudes of institutions, retail investors and KOLs were mixed, as the Meme market effect gradually emerged in the second half of the year, the attitudes of some institutions began to change.
VC currency was once regarded as the “star of the future” of the crypto industry due to its strong financial support and technical team.However, with the massive influx of private capital and overly aggressive valuations, many VC coins face the dual problems of low circulation supply and high complete dilution valuation (FDV), which makes the long-term value of these projects difficult to realize.
In mid-to-late April, Eddy Lazzarin, a16z’s managing partner, publicly supported VC coins and criticized the impact and destruction of Meme coins on the crypto market, which triggered a large number of retail investors’ siege and satiricality, and even became a controversial debate between VC coins and Meme coins.The fuse.However, in October this year, a casual conversation with a16z co-founder Marc Andreessen unexpectedly gave birth to the first AI Meme coin – GOAT, marking a new trend for Meme coin.
Unlike VC coins that rely on powerful technology and financial support, the value of Meme coins does not come from practical applications, but from the enthusiasm of the community and the spiritual resonance of Meme culture.Although this unique motivation has made the market performance of Meme coins full of uncertainty and volatility, it has also injected unprecedented vitality into the crypto market.
Different types of Meme coins show a rich cultural connotation and fan base, which directly affects its sustainability, communication and community participation.Animal Meme, Cult cultural Meme and AI Meme continue to attract market attention with their deep cultural background, loyal fan base and new narrative characteristics.In contrast, other types of Meme coins often rely on short-term hot spots, and their attention may quickly heat up and fall back quickly.
Although Meme coins were controversial in the early days, and the attitudes of institutions, retail investors and KOLs were mixed, as the Meme market effect gradually emerged in the second half of the year, the attitudes of some institutions began to change.With the promotion of the decentralized issuance mechanism, the transparency and credibility of Meme coins have been continuously improved and gradually gained more recognition.
Among them, large institutions have begun to accelerate their layout in the meme field.Pantera Capital partner Paul Veradittakit summarized the article saying that “Meme coins are Trojan horses of cryptocurrencies”. Dark horse venture capital and market development DWF Ventures once posted on the X platform saying that “Meme coins will become the new GTM strategy for many ecology and projects.” VanEckMarketVector launches the Meme Coin Index, and Franklin Templeton is also publishing several reports related to MEME Coin.
While MEME is fanatical, it has also caused more market shifts and even more artistic abstractions.The chaos of whether to give V god coins, the division of upper and lower case, and blank symbols have caused a situation of crushing the market by relying on speculation and short-term surges.Recently, the market has occupied most of the traffic by AI meme -Goat. Compared with the previous long cycle of 6 months of accumulation and community consensus, its wealth effect has achieved a thousand times increase in just one week.
But if we look at the on-chain data and online celebrity effect, we may fall into the PVP trap again, the perfect escort of Lianchuang $50,000 BTC, which first started with a16z, to the passionate call from BitMEX co-founder Arthur Hayes, Goat’s market value is oneYue has achieved a market value of 500 million, but after Truth Terminal released the “stock code GOAT”, GOAT fell, with a drop of 54%. In less than 24 hours, top trader Eugene posted a statement claiming to have purchased Goat, Truth Terminal founder said”The 1.25 million GOATs I own will not be sold for the time being.” Goat then rebounded and broke through 0.44, with an increase of more than 50% in one hour. As of November 29, its market value remained at around 800 million US dollars.
It is hard not to be related to the card table effect behind it. Meme can attract a large amount of liquidity in a short period of time, and the rise and fall are directly manipulated by the remarks of leading institutions and KOLs. It is not yet clear that the behavior is being disguised as meme coins.The mechanism control of the outer garment is still the repeated harvest of the market makers behind it.
To be honest, VC currency and Meme currency are not opposite or contradictory relationships, and the core issue lies in the expected cashing method.The two are not hostile, but each attracts user groups with different preferences.
VC coins and Meme coins represent two different economic models and market dynamics in the crypto market.With the support of funds and technology, VC coins can quickly attract capital and attention in the early stages.The value of Meme coins comes from community culture and emotional resonance. Although its market performance is full of fluctuations, it also brings innovation and vitality.Overall, VC currency and Meme currency have their own advantages and disadvantages. Their market development and risks coexist, both promoting the progress and innovation of the crypto industry at different levels.
As 2024 comes to an end, the Meme Summer craze continues and has become a force that cannot be ignored in the crypto world.From a simple social media joke in the early stage to a potential project with a market value of 100 million yuan, Meme coins are no longer just a short-term speculative target of the market, but are gradually moving towards a part of the market structure.For retail investors, developers and even institutional investors, the emergence of Meme coins means that culture, market sentiment and the power of the community are changing the traditional face of the crypto industry.
Looking ahead to 2025, with the advancement of AI technology and the continuous expansion of the Web3 ecosystem, Meme Coin may become one of the most representative and disruptive asset classes in the crypto world.A new round of innovation will continue to unfold at the intersection of Meme and social trends, and new narratives and projects that continue to emerge in the market will also redefine the value and significance of crypto assets.
Joint publishing unit:
MetaEra:
MetaEra is a leading crypto media organization based in Hong Kong, committed to promoting the development of blockchain technology and the Web3 ecosystem.Through professional news coverage, in-depth analysis and industry insights, MetaEra provides authoritative information and insights to blockchain enthusiasts and industry practitioners around the world.Its coverage covers blockchain technology, cryptocurrency market, decentralized finance (DeFi), NFT and metaverse.
As an important bridge connecting the global Web3 community, MetaEra promotes industry exchanges and cooperation through diverse forms such as industry events, online seminars and expert interviews.At the same time, its high-quality content and multilingual communication capabilities make it a recognized professional media platform in the industry.
Bee Network:
Bee Network is an innovative application based on blockchain technology, aiming to enable more users to understand and experience the potential of blockchain in a simple way.Users can participate in the Bee Network ecosystem through mobile devices, obtain Bee Tokens, and interact with other users in the community to explore the diversified application scenarios brought by blockchain technology.
Bee Network’s vision is to build a safe, transparent and sustainable digital economy platform for users.Its ecosystem plans are gradually expanding to payments, transactions and more practical applications, providing participants with a real value experience.While attracting the attention of global users, Bee Network is also constantly promoting technology research and development and community construction to support its long-term development goals.
