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#Will this bull run be a major one for meme coins?#
#本轮牛市将会是meme币大牛吗?# will be the focus of the market, #币圈观察员#
1. MEME coin performs strongly
In this market, MEME coins such as NEIRO, SPX, FWOG, and MEW have experienced significant gains. NEIRO, which was manipulated by the exchange, is the leader of this uptrend. SPX, a well-known MEME coin, uses manipulation techniques similar to MOG. FWOG is the 'frog MEME' on the PUMP.FUN platform. Another noteworthy point is that the dragon fee for the POPCAT contract is as high as 200%.
2. The rise of the new public chain
Recently, the new public chains SUI and SAGA have performed well. SUI's market capitalization has reached $20 billion, close to its historical high, while SAGA will be unlocked in March 2025. The main speculations in this round of the market still focus on MEME, new public chains, and artificial intelligence (AI).
3. The Fan's Frenzy Token
Some mini-coins related to football, such as OG, SANTOS, LAZIO, ALPINE, and PORTO, have also performed well. OG used to be a stock promoted by Ditan. Historically, these football fan coins usually get a boost when the market is down.
4. The Madness of Emerging Coins On-Chain
The on-chain Shiba Inu token MOODENG based on Ethereum has experienced a several-fold surge in market capitalization within a week, causing widespread attention in the market. Meanwhile, Hippo received a response from Vitalik Buterin, the founder of Ethereum, after a charity event. The Market Cap of Hippo on the Ether chain has reached 100 million US dollars, close to the initial Hippo on the SOL chain. This has also driven active trading of on-chain Shiba Inu tokens, leading to a significant increase in GAS fees.