"Archaeological" 6 Vitalik Concepts MEME: D/ACC Surge Drives Speculative Sentiment, Most Market Values Drop to Peak Fraction

Author: Nancy, PANews

Last weekend, Vitalik Buterin showcased his promotional prowess again. After minting a new ENS domain, the meme named after him surged in value, prompting the market to dig up related meme projects associated with Vitalik's concepts. This article by PANews reviews six meme coins based on Vitalik's concepts, which have previously experienced hundreds to thousands of times in price increases, presenting an enticing "money landscape." However, after the initial hype cooled down, most of these coins spiraled downwards, leaving only a fraction of their market size. Recently, driven by speculation around Vitalik, these memes have seen varying degrees of rebounds, but the speculative sentiment has limited the potential for market cap growth.

D/ACC

Last year, shortly after the e/acc (effective accelerationism) concept became popular in Silicon Valley, Vitalik released "My Technological Optimism" in November, discussing the development of artificial intelligence and privacy, and introduced the d/acc (defensive, decentralized, democratic, differential acceleration) philosophy. He stated that a more defensive world is a better world, as it not only directly enhances security and reduces conflicts but also fosters healthier, more open, and respectful forms of governance. Subsequently, related meme coins with the same name appeared on chains like Ethereum and Solana, but these projects continued to decline after experiencing a surge.

On August 18, Vitalik minted a new ENS domain named "dacc.eth" and announced that he would discuss the d/acc concept at an upcoming event. Following this, market funds reacted, and meme coins like D/ACC and E/ACC surged, with many clones emerging. However, from the price trends, the rebound momentum of these meme coins has been limited, and their market caps have significantly shrunk from their peaks.

According to DEX Screener data, D/ACC rose over 956.5% on August 18 but subsequently saw a price drop, and as of the time of writing, it has decreased by about 67.3% from its historical high, with a market cap of $2.5 million. E/ACC also saw several times increase on the same day, peaking at about 960%, but its current price has fallen over 97.3% from its historical peak, with a market cap of only $257,000.

Zuzalu

In 2023, after realizing that previous crypto city experiments were difficult to scale, Vitalik proposed the new urban construction experiment Zuzalu, a mini-city lasting two months and accommodating 200 people, aimed at transforming online culture and tribes into physical spaces while exploring the underlying ideas and practices.

Under Vitalik's strong promotion, the meme token ZUZALU in the market also saw explosive growth. DEX Screener data shows that ZUZALU skyrocketed over 3660 times after its launch, with a market cap exceeding $33 million at one point, but as of the time of writing, the token's price has fallen over 95.9% from its peak, with a market cap of only $1.2 million. Since August 18, ZUZALU has seen a notable increase, rising by a maximum of 124.9%.

TCATI

TCATI (Green Tea) is a cat-themed meme that comes from a signature in Vitalik's X account and provided 33% of the token supply to support Vitalik's Zuzalu experiment. DEX Screener data shows that TCATI surged over 519.4 times after its launch, with a market cap exceeding $3.8 million at one point, but it has now fallen about 95.6% from its peak, with a market cap of only $165,000. TCATI also saw an upward trend starting from August 18, with a maximum increase of 403.6%.

TOASTY

toasty comes from a domain Vitalik released in 2017. DEX Screener data shows that TOASTY did not see significant increases after its launch earlier this month, but it began to surge significantly from August 18, peaking at 167.7 times, with a market cap exceeding $1.9 million.

SLASHA

slasha is an online strategy game developed by Vitalik in 2011, which he uploaded to IPFS last May. DEX Screener data shows that SLASHA surged nearly 414 times on its launch day before starting to decline, and as of the time of writing, it has fallen over 98.9% from its peak. SLASHA also saw an increase after August 18, with a maximum rise of about 188.9%.

THE

In October 2022, Vitalik tweeted that someone should launch a project called "THE Protocol," so that whenever someone mentions "The," the community can say, "Look, someone mentioned THE." Subsequently, THE was created on Ethereum, and 10% of the total token supply was transferred to Vitalik, further increasing the project's popularity due to his attention. DEX Screener data shows that THE surged over 8124 times after its launch, with a market cap nearing $40 million at one point. However, as of the time of writing, THE's price has fallen over 99.5% from its peak, with a market cap of only $168,000. Since August 18, THE has seen a maximum increase of 71.8%.