LUCE skyrocketed overnight, is the real "religious Meme" here?

Author: Deep Tide TechFlow

After the explosive popularity brought by AI and art memes, yesterday's Solana meme market welcomed a long-awaited day of rest. Almost the entire day saw no new "golden dogs," and the previously fervent art concepts mostly halved.

Although the enthusiasm may have faded, the market never sleeps. Last night, just as a certain on-chain player (the editor) was about to call it a night, the monitoring bot suddenly sounded alarms, and a meme with a market cap of tens of millions appeared in the dead of night, this time featuring the officially announced Vatican mascot------Luce ($LUCE).

Within half a day of its launch, the market cap of $LUCE peaked at nearly $53 million, once again waking up the somewhat drowsy meme market. Deep Tide has compiled some information about Luce to help you understand its background and conceptual significance.

To Attract Young People, Is Religion Also Going Anime?

Holy Year Mascot Luce

As a theocratic state that practices Catholicism, the Vatican has always given off a sense of religious sanctity and purity. However, this time the Vatican has broken from tradition and created an anime-style mascot to celebrate the upcoming Holy Year of Catholicism. The newly launched mascot, named Luce, was designed by Simone Legno, co-founder of the Italian pop culture brand tokidoki. "Luce" means "light" in Italian, and Vatican Archbishop Rino Fisichella stated that Luce is part of the Vatican's effort to interact with "popular culture favored by young people."

Moreover, this week Luce will also make an appearance at the famous Lucca Comics & Games convention in Italy, where the Vatican's Dicastery for Evangelization will set up a dedicated exhibition area for "Luce and Friends," indicating that the Vatican is quite serious about the trend of "youthfulness."

Starting from Zero, Market Cap Breaks Ten Million Overnight

After introducing Luce's background, readers are likely most concerned about how this coin surged to a market cap of $50 million in just half a day. From the perspective of an on-chain player, I’ll share my experience of the $LUCE launch.

Around 12:20 AM, just as I was about to close my computer, I suddenly saw a group member in the on-chain meme group post the $LUCE contract address. Upon clicking, I found that the market cap of $LUCE was around $70,000, just as the Pump.Fun internal share was about to go live on the Raydium external market. Given that yesterday's market was quite painful, with most new coins crashing right after going live, I didn't take $LUCE seriously :)

Less than ten minutes later, the group was already buzzing with excitement. Feeling uneasy, I checked the bot again and found that the market cap of $LUCE had approached $2 million, with the price nearing 30 times its launch value. Half an hour after launch, the price had surged about 60 times, bringing the market cap to $5.2 million.

The last time I saw such a rapid launch was with $Ban and $EYE. Realizing I couldn't get in on the action, I decided to go to sleep, and when I woke up, the market cap had already reached $40 million.

Luce and Friends, A Review of Conceptual Tokens

As of the time of writing this article, $LUCE has not gone to zero, and the price is still hovering around $30-40 million. Meanwhile, some players who missed out have chosen similar concept coins, as Luce's anime character is part of a whole series; if Luce doesn't surge, there are pets and friends.

Note: Meme token prices are highly volatile and carry significant risks. Investors should fully assess the risks and participate cautiously. This article is merely a sharing of information based on market trends, and the author and platform make no guarantees regarding the completeness or accuracy of the content. Additionally, this article does not constitute any investment advice.

$LUCE - The Main Character of This Article, Starting from Zero to Break Ten Million

Contract Address:

CBdCxKo9QavR9hfShgpEBG3zekorAeD7W1jfq2o3pump

24H Trading Volume: $116 million

Current Market Cap: $42.5 million

Highest Market Cap: $54.1 million

$Santino - Luce's Puppy

Contract Address:

Fof1DyVSYiQGCnT3uTbmq8kQMPdwL35x1bD82NaTs9mM

24H Trading Volume: $8.3 million

Current Market Cap: $475,800

Highest Market Cap: $1.6 million

Originally, the dog concept is the best main force for "riding the trend," and since Luce indeed has a puppy in the official setting, it follows suit…

$Sky, $Xin, $Fe - Luce's Three Friends

Contract Address:

$sky GjXpowEmJecAxHaMgYrxrTsWfuPR7DyLxwe8z2v4YvKW

$xin 4AyViLduWHAIR6MhS8upSTx6A9C4dvMUa1F9Krzgpump

$FE 4AyViLduWHAIR6MhS8upSTx6A9C4dvMUa1F9Krzgpump

24H Trading Volume: Between $400,000 - $600,000

Current Market Cap: Between $200,000 - $300,000

Highest Market Cap: Around $2 million

Due to the similar concepts of the three friends and their price performance being roughly consistent, they have surged a few times alongside $LUCE, but with insufficient momentum, they are introduced together.

$Holy Mary - The Virgin Mary

Contract Address:

33MD3pqkgJzD4uvtYqfxZ5V8j7fPpZeToikiXhtkpump

24H Trading Volume: $1 million

Current Market Cap: $18,000

Highest Market Cap: $366,000

In Luce's setting, there is also an image of the Virgin Mary, which some people have taken to create a token. After launching, it briefly surged but is now close to zero.

Conclusion

As of the completion of this article, the market cap of $LUCE is still around $40 million, but related concepts have not followed the leader to rise.

From the perspective of an on-chain player, the surge of $LUCE was too rapid and seemed orchestrated, resembling the recent "frenzied golden dog" pump method. For many market participants, this quick surge may not have left enough space for understanding the concept, or perhaps everyone has become accustomed to such sudden trends, leading to a lack of interest in copycat tokens.

In summary, although the price of $LUCE remains relatively strong, as a token that resembles a "conspiracy group," its market cap could easily drop to zero in an instant. Don't get too excited, and don't FOMO; opportunities are always in the next one, Over.