Recent popular meme opportunities: BODEN, MAGA, BONK, WIF, FLOKI & BABYDOGE

Original Title: “Memecoins Coverage on BODEN, MAGA, BONK, WIF, FLOKI & BABYDOGE”

Author: OurNetwork

Compiled by: Deep Tide TechFlow

Memecoins Market Dynamics

BODEN, MAGA, BONK, WIF, FLOKI & BABYDOGE

① Political Memecoins

++Matt Casto++ | ++Dashboard++

The number of trading pairs for Trump and Biden has reached its highest since the end of May.

• In recent days, the number of trading pairs for Trump and Biden has surged, reaching its highest level since the end of May. Most of these trading pairs were created on Uniswap v2 rather than v3, likely due to the simpler pool creation and management, easier fee structure, and lower gas fees under certain operations. Note that this data does not include trading pairs created on Solana, only those on Ethereum and other EVM chains.

Flipside - @mcasto

• On Ethereum and some selected EVM chains, the most popular Trump and Biden memecoins were launched before the political memecoin narrative gained attention in May. As the narrative gained traction, more trading pairs were launched, leading to significant trading volume for the early pairs.

Flipside - @mcasto

• Since early June, the price trends of the two most popular political memecoins, MAGA and BODEN, have been closely aligned. Although there was no significant difference in performance after the debates in June, this past weekend saw the largest divergence in performance between the two assets ever recorded.

Dune Analytics - @mcasto_

② BONK

++Ario++ | ++Website++ | ++Dashboard++

BONK's trading volume on decentralized exchanges has exceeded $2.8 billion in the past 90 days.

• BONK is a meme cryptocurrency based on Solana, known for its active community and bringing fun and engagement to the crypto world. Despite its origins in entertainment, $BONK has shown significant trading volume and active user participation, making it stand out among memecoins. In the past 90 days, its trading volume on decentralized exchanges has exceeded $2.8 billion, involving 205,400 traders. The distribution by decentralized exchanges shows that Jupiter (39.23%) and Phoenix (37.98%) accounted for most of the trading volume.

Flipside - @Ario

• During this period, BONK's price showed significant volatility, reaching a new high of $0.000041. The increase in buying volume is directly related to BONK's price, as indicated by the ratio of buyers to sellers. When this ratio exceeds 1.4, the price typically rises.

Flipside - @Ario

• The capital flow of BONK on centralized exchanges (CEX) shows a complex situation of funds coming in and out. Notably, a significant outflow of funds in the past 90 days highlights the impact of liquidity changes on market sentiment and price volatility. A total of 298.27 billion $BONK was withdrawn from CEX, indicating active market activity.

Flipside - @Ario

③ WIF

++0xhonz++ | ++Website++ | ++Dashboard++

Dogwifhat's WIF token ranks among the worst-performing memecoins.

• Dogwifhat (WIF) reached its all-time high position on CoinMarketCap, becoming the third-largest meme coin by market cap, surpassing PEPE and briefly overtaking BONK to become the most valuable Solana memecoin, with a market cap peak exceeding $2 billion. However, it has recently experienced a sharp decline. Since June 1, WIF's price has dropped by 55%, making it one of the worst-performing memecoins since then. As of July 15, the token recently fell out of the top 50, then returned to the 49th position on CMC.

TradingView

• Despite the price pullback, WIF remains one of the assets with the highest trading volume. As of July 15, it ranked thirteenth in 24-hour trading volume ($307 million) and sixteenth in 7-day trading volume ($1.8 billion). Thus, WIF's trading volume exceeds the combined total of BONK, MOG, and POPCAT (24-hour / 7-day), still demonstrating liquidity.

CoinMarketCap

• WIF's net flow (buy volume - sell volume) remains the highest among top memecoins. In the past 24 hours, the on-chain net flow of the $WIF token was +$445 million. The second was $BONK, with a net flow of $352 million. PEPE accounted for only 11% of WIF's net flow.

Dune Analytics - @husko

• Trading Level Information: A whale that once made the largest single market purchase (worth $6.2 million at the time) spent $4.65 million two weeks ago to buy 2.3 million WIF tokens at $2.03 each. Despite the market downturn, he has not made any additional purchases since then. Does this indicate he expects the market to decline further? He remains the largest WIF holder, with one address holding approximately 23.39 million WIF tokens, valued at $36 million at current prices. However, 24 days ago, this whale still deposited 3.5 million WIF into a centralized exchange.

④ FLOKI

++Not a Whale++ | ++Website++ | ++Dashboard++

FLOKI's trading volume exceeded $8.6 billion in the first 8 days of March.

• Floki was initially inspired by Elon Musk's meme token but has since evolved into a thriving ecosystem with multiple utility products, millions of fans worldwide, and one of the most recognized crypto brands globally. FLOKI is the largest "meme coin" on the BNB chain and one of the largest on the ETH network, with about 23% of its total supply staked. It has also generated impressive trading volumes, such as exceeding $8.6 billion in the first 8 days of March.

BscScan

• Floki's staking program adds another layer of utility to FLOKI and ensures its long-term stability. Staking FLOKI allows users to earn Floki's sister token TokenFi/TOKEN, a top RWA tokenization project. The longer the staking period, the higher the annual percentage yield (APY) users receive.

staking.floki.com

• FLOKI's trading volume exceeded $8.6 billion in the first 8 days of March.

CoinMarketCap

• Trading Level Information: The world's largest cryptocurrency exchange, Binance, has staked 205 billion $FLOKI tokens through Floki's staking program, worth over $7.8 million, for a duration of one year. This level of commitment demonstrates strong confidence in the Floki and TokenFi ecosystem and its future.

⑤ BNB Memecoins

++Jimmy Zhao++ | ++Dashboard++

BNB Chain supports a $1 million meme ecosystem development through the Meme Innovation Program.

• The "BNB Chain Meme Innovation Battle" competition provides developers and the community with an opportunity to showcase creativity and compete for rewards of up to $500,000. CAT topped the list with a total trading volume of $54.3 million. This competition successfully boosted liquidity and innovation within the BNB Chain community. Additionally, as part of the program, WHY reached a market cap of $70 million.

bnbchain.org

• Developers can easily create memecoins on the BNB Chain using launch platforms like Four.meme, Burve, and Flap. Additionally, developers can easily create and launch their tokens using TokenFi or ++PinkSale. The low fees, fast transactions, and large user base of the BNB Chain make it an ideal choice for creating memecoins.

dappbay.bnbchain.org

• Floki and Baby Doge Coin are the two largest memecoins on the BNB Chain. FLOKI currently has a daily trading volume of $2.8 million, with a fully diluted valuation (FDV) of $766.4 million. Meanwhile, Baby Doge has a daily trading volume of about $1 million, with an FDV of $274.1 million.

DEX Screener

• Trading Level Information: BNB Chain has allocated $900,000 for liquidity provision (LP) support to further develop and grow promising meme projects. All income generated from the LP support funds has been reinvested to support further memecoin development. These funds will be directed to this dedicated LP address.