Today's Meme Perspective Award: Enchanting Dog + Adorable Kitten, a thousandfold increase within half a day?
I just woke up and saw you all in PVP.Author: Deep Tide TechFlow
Today is September 29, 2024, an ordinary rest day, and the on-chain market is also not taking a break. From night until morning, diligent on-chain players have made new gains, with several new angles of Meme golden dogs emerging: Dogecoin $Doge founder Shibetoshi Nakamoto's new kitten caramelo, and the quirky dog Point of dog…..
What are these new concepts about, and which similarly named golden dogs have appeared? Without further ado, let's take a look!
Note: Meme token prices are highly volatile and carry significant risks. Investors should fully assess risks and participate cautiously. This article is merely a sharing of information based on market trends; the author and platform make no guarantees regarding the completeness or accuracy of the content, and this article does not constitute any investment advice.
Quirky Dog Point of dog
Just opened my eyes today, and I was bombarded by the heat and surge of the new dog Meme $POD. After a brief look, I found that this dog Meme is not a pet of some celebrity or founder, but rather a more "Meme" abstract figure: Point of dog.
From the images flooding in, Point of dog resembles a pure Meme character, with an overall image that consists only of a dog's back head, embedded with various pictures, serving as an "observer" figure. This abstract and easily adaptable IP is quite favored by Meme enthusiasts. (Belike another explosive Solana Meme $MICHI)
Of course, having a fun IP is just the first step; the conspiracy group may be late but is definitely here. $POD went live on Pump.fun at 2 AM today, and within about half an hour, it was fully pumped.
After the launch on Pump.fun, the familiar tactics were employed, with a wild surge, reaching a market cap of over $10 million in less than half a day, now retreating to around $4.6 million, with a trading volume of $22 million within 12 hours of launch.
The traces of the conspiracy group are indeed obvious, with no nonsense, purely pumping, nothing else.
Dogecoin Founder’s New Kitten caramelo ($melo)
While the pump for quirky dog $POD is still ongoing, the main character of the recently popular "Dogecoin Founder" concept on the ETH mainnet, Shibetoshi Nakamoto, tweeted at 9:41 AM showcasing a new family member, the kitten caramelo, and "thoughtfully" provided the kitten's abbreviation melo. (Deep Tide note: The kitten is quite cute)
As soon as Shibetoshi Nakamoto's tweet was posted, the similarly named token $melo was immediately arranged, with familiar uppercase vs lowercase, ETH vs Solana, abbreviation vs full name……
Even more astonishing, within less than two hours of the tweet, the project had already completed its CTO……
Currently, the following tokens have significant trading volumes in the melo concept:
- melo ($melo) - ETH
24H Trading Volume: $2.9 million
Current Market Cap: $770,000
Highest Market Cap: $1 million
Currently, the highest market cap melo concept coin on the ETH chain, its name occupies the "lowercase" niche. GMGN.AI monitoring tools show that the DEV has bought in multiple times, with a significant holding in the TOP10.
- Caramelo ($MELO) - ETH
24H Trading Volume: $3.3 million
Current Market Cap: $567,000
Highest Market Cap: $2 million
Currently, the highest trading volume melo concept coin on the ETH chain, with a capitalized name, the token surged initially and then retreated, likely due to the initial rush of traders.
- caramelo ($MELO) - ETH
24H Trading Volume: $146,000
Current Market Cap: $500,000
Highest Market Cap: $620,000
This token was issued later than the first two, with significantly smaller market cap and trading volume. As of writing, it has not experienced a deep correction. However, there are still many users holding onto their chips, and the TOP10 holding ratio is quite high, indicating potential selling pressure.
- Caramelo ($MELO) - Solana
24H Trading Volume: $3.6 million
Current Market Cap: $5.1 million
Highest Market Cap: $10.1 million
While the $melo tokens on the ETH mainnet are competing fiercely, the Solana side is more focused. The $MELO emerging from Pump.fun is directly hitting a market cap of ten million with a full risk warning, showcasing the style of a conspiracy group.
The risks of participating in Meme are extremely high, with limitless opportunities and limited capital. Do not FOMO, do not go all in, over.
