PNUT drives the "animal rescue" narrative, with Jorgie and the eagle becoming the new favorites in the small-cap meme space

Deep Tide TechFlow
2024-11-14 13:28:29
Collection
The most righteous episode.

Author: Deep Tide TechFlow

Good morning, esteemed PNUT holders.

It's another day awakened by the rise of PNUT. While congratulating (and feeling envious of) the esteemed PNUT holders, FOMO emotions are flooding today's market.

If you look closely at the sector structure, you'll find that the overall market is slightly declining today, but Meme coins are galloping ahead.

Among them, PNUT and FRED are undoubtedly eye-catching. The former's market cap quickly surpassed 200 million USD, while the latter has also started its own rise after launching on Moonshot.

There's no need to elaborate on PNUT, as its origin stems from a controversial incident: a viral squirrel was captured and euthanized without sufficient communication, gradually turning into a political controversy seeking animal protection and expressing reasonable demands.

Similarly, FRED was created to commemorate the second squirrel discovered dead, named "Frederick."

Across the ocean, politics means attention; at the narrative core, animals seem to reflect the protection of self-power.

The combination of external attention and internal narrative core inevitably leads to an overflow of FOMO emotions after the emergence of a divine trend, with funds that are too high to enter also seeking similar narratives and themes.

Thus, today we see this "animal rescue" narrative gradually giving rise to new Meme coins, attempting to stir up new waves with different specific hot events after PNUT's squirrel battle.

Jorgie: The Monkey Taken Away by Police ($Jorgie)

At what seemed like an ordinary car accident scene in Dallas, police unexpectedly discovered a spider monkey named "Jorgie Boy." This monkey belongs to local influencer Brandi Botello, and this unfortunate accident forced her to separate from her beloved pet.

According to the Dallas Morning News, authorities found that Jorgie Boy was malnourished and underweight upon inspection. More importantly, privately keeping monkeys in the Dallas area is illegal. Based on animal welfare considerations, the police immediately decided to take Jorgie Boy away from the scene.

This incident has also sparked a huge uproar on social media, with Jorgie's owner Brandi launching the "Free Jorgie Boy" campaign to raise public awareness of the event.

Meanwhile, in the Tesla owner community, this matter has also been widely discussed, with some posting in hopes that Musk would see the story about Jorgie. It’s worth mentioning that Musk does indeed pay attention to this Tesla community, but whether he can respond to the monkey incident remains uncertain.

In such expectations and context, several tokens themed around Jorgie emerged yesterday, also staging a battle of uppercase and lowercase:

OG Jorgie:

5VPFmQs892HeP6PZYw91UEAfLqXeT4cTW2pu4Ppipump 2M

Suspected Conspiracy Group Jorgie:

AMgMqadZ7Qpe9PCQwehAG3Xbg5cf8JxCxH7sGCSupump 15M

However, market participants made their own choices. Although the OG Jorgie community has been supportive and calling for action, as of the time of writing, its price is teetering; while the conspiracy group Jorgie seems to have taken off, currently with a market cap around 15M, but with very high trading volume and number of holders.

Whether the monkey can be saved is unknown, but trying to capitalize on the FOMO from the squirrel's rise is the open ambition of the degens.

Free Shayne Coplan (Eagle): Petition After the Arrest of Polymarket Founder

Free Shayne Coplan:

AyxrBmqbzf169oe14XcSDMbgpUV1ntP6thcScYpYpump

Current Market Cap: 37M

Free Shayne Coplan is another hot Meme coin today, but it goes deeper than just animal rescue, carrying a hint of "using objects to express aspirations."

The token's avatar is an eagle, and it’s not just about an eagle needing to be freed; it points to Shayne Coplan, the founder of the platform Polymarket, which has shone in election predictions.

Today, Shayne Coplan's residence was raided by the FBI.

Meanwhile, Bloomberg reported that the U.S. Department of Justice is investigating the company, targeting its illegal provision of Polymarket services to U.S. users.

This FBI raid has sparked strong reactions in the cryptocurrency community, with supporters launching the "Free Shayne" movement and creating related tokens to show solidarity. This phenomenon is quite similar to the recent "Free Jorgie Boy" incident, reflecting the crypto community's sensitive response to regulatory actions.

From a broader perspective, this incident highlights the ongoing regulatory pressure faced by the cryptocurrency industry, especially in sensitive areas such as prediction markets and online gambling. Polymarket had previously engaged with the Commodity Futures Trading Commission (CFTC) over compliance issues and showed a "substantial cooperation" attitude.

Currently, the entire crypto community is closely watching the developments. This story, which began with prediction markets and evolved into law enforcement action, has made the corresponding Meme a focal point of attention in the current bull market environment.

Moreover, it’s worth noting that the logo of the FSC coin is an eagle. The eagle itself is also an avatar element of Shayne Coplan, and the eagle is a symbol of the United States, creating a double entendre that fully satirizes censorship.

What further stirs attention is Shayne's tweet claiming this is "obvious political retaliation," stating that the current government will pursue companies they believe are linked to political opponents… Polymarket has harmed no one.

Musk then quickly replied in Shayne's comment section: "Indeed."

This undoubtedly adds more factors worth paying attention to for this layer of Meme coin.

Anti-censorship and the call for freedom are always the correct narratives in the crypto circle, and with the addition of celebrity factors, the clamor for releasing the eagle, which also means releasing Shayne, is likely to continue for a while.

Risk Warning: MEME has no actual value support and is greatly influenced by market sentiment. Most (over 99%) MEME are PVP and will ultimately trend towards zero. This article is only a personal experience sharing and does not constitute any investment advice.

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