Encrypted big casino Olympic Games MEME

Article Author: Peng Yong

Since the out outbreak of DEFI, the cryptocurrency market has undergone tremendous changes and Yanshen. People have received a lot of airdrops in the DEFI market.Many people who make money like to go to Las Vegas and Macau casinos.After becoming DEFI, Meme has attracted the most attention after Defi. For example, they run around the market today, convert each popular event into MEME tokens, and fill the entire cryptocurrency market.On July 26 this year, the Paris Olympics may also be converted into the hype of the MEME tokens and become a new big event casino.

The beginning of the crypto meme currency

In 2013, Jackson Palmer, the founder of Dogecoin (Dogecoin), was named after the cryptocurrency of the time, named Dogecoin with a Bitcoin of Japanese Shiba Inu, and used the photo of the net red Shiba Inu as the logo of the dog coin.It has been exposed in social media, so dog coins have become a popular cryptocurrency.After 2013, the dog coin has been used as a tip tokens and irony for rewards. When many encrypted institutions are organized, they will give Doge as gifts to those who participate in the event, including many encryption encryptionThe operating demonstration of the wallet is displayed through DOGE.

MEME rise

Until the appearance of Musk, the dog coins and MEME coins of the community began to rise, and it has changed dramatically.Musk, as a super entrepreneur Internet celebrity with 100 million fan, is also the helm of the empire of Tesla and SpaceX.Musk’s contribution to dog coins has had a huge impact. Because of the promotion of Musk, dog coins have become the largest market value (up to $ 88 billion in market value).

In 2021, Musk frequently mentioned dog coins on Twitter (X). One of his tweets often trigger a strong response in the trading market and led to a violent volatility of the price of dog coins.For example, he published various jokes, pictures and comments about dog coins, which quickly spread and attracted a lot of attention.

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Musk has not only sent a hilarious picture of dogs in Twitter, but also talks with community members in Twitter’s Space many times. He has brought great confidence and incentives to the community, and further increasesThe influence and attraction of dog coins.Including public places in reality expressed their positive views on dog coins. For example, in the American comedy show “Saturday Night Line” (SNL), Musk’s speech once again aroused the market’s attention to dog coins., Discussion, and the skyrocketing tokens, later Tesla’s surrounding products also supported Doge payment.

SHIB (Shiba Inu), which is second only to Doge, Musk has also made a contribution of publicity.On October 4, 2021, Musk tweeted, “I want to name my Shiba Inu, Floki INU.”SHIB responded to 57%on the same day. In Musk’s tweet, the encrypted community launched the Floki tokens, which rose by 1425%on the same day. The SHIB increase reached the highest point of history in October 2021. It has become a password and a rich password in the mindsDesperate mountain top.

Musk, who promoted Meme more crazy, was ridiculed by the community as the pope of Meme, and the Meme currency sector was like sitting on the rocket.

After the meme era

Today, the volume of Memecoin has even surpassed the L2 infrastructure. The current market value of Meme is 45.2 billion US dollars, which has become a force that cannot be ignored.The market value of L2 infrastructure is 19.7 billion US dollars, and only less than half of the total market value of MEME coins. Seeing the data of L2 makes people think.

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Over the past few years, the influence of MEME coins has continued to expand, and various popular events have emerged in the market.These currencies usually have high volatility and high speculation, but this characteristic has attracted countless investors speculation.For many people, buying MEME currency is not only an investment method, but also a fun to participate in the Internet MEME (network “stalk”) culture and community activities.Just like we see others on the Internet to buy a hot peripheral product about “Cai Xukun”, people infected by emotions will also think of this product. No one will care about the practicality of the “Cai Xukun” aroundThe same is true of meme currency, for fear of missing the opportunity to get rich.

In addition, social media plays a vital role in the spread of Meme currency.Through Douyin, Tiktok, Telegraph, Twitter, Reddit and other platforms, the community members of MEME coins can quickly share information, push up the price of currency, and even trigger the short -term trading market enthusiasm.

The combination of the Olympic Games and Memecoin

Where there are big events or network Meme, where there is a MEME token launch, they are everywhere.On July 26, 2024, the Paris Olympic Games will kick off global attention. As a global event, it will attract a lot of attention to the Olympic Games.

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In this context, MEME coins are combined through the hot spots of the Paris Olympics, which will attract a large number of sports users and audiences in front of the mobile phone screen. Therefore, there is a chance to deal with MEME coins.Token.For example, MEME coins issued by the Paris Olympic Games “PHRYGES” are issued to tokens on Ethereum and Solana, respectively.SOL/PHRYGES, with a market value of 5m, a pool liquidity of 340K, and the number of holders is 2.6K; Ethereum/PHRYGES, with a market value of 224K, a pool liquidity of 63K, 2.5K.The advantage of Ethereum/PHRYGES is that it is closely relying on Ethereum to have the most active chain user base and world recognition and huge developer community. Although the market value and liquidity are small, it has huge growth potential and rich ecological ecology.resource.

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Some MEME coins may sponsor athletes or specific events, or launch NFT (non -homogeneous tokens) collections related to the Olympic theme.In addition, the MEME coin community also actively participated in it to enhance the interaction and entertainment through the results of guessing the competition and the production package related to the athletes.

This combination not only brings more exposure opportunities to Meme currency, but also injects new elements and fun into the Olympic Games.In this way, MEME currency not only shows its unique charm, but also proves its influence and innovation capabilities in the cryptocurrency market.

Conclusion

From a joke to today’s market phenomenon, the rise of MEME coins shows the powerful power of Internet culture.At the upcoming Olympic Games, MEME coins will further expand its influence and popularity through various creative activities and marketing strategies.Although its high volatility and speculation still exist, it is undeniable that MEME coins bring new vitality and possibilities to the cryptocurrency market.Over time, MEME coins will continue to leave their unique imprints worldwide.

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