One weekend, 2 thousand-fold assets, DeSci reignites on-chain sentiment

BlockBeats
2024-11-18 18:06:01
Collection
Desci opens a new frontier in encryption.

Author: CMed, BlockBeats

On November 8, after Binance Labs announced its investment in BIO Protocol to ignite the new concept of DeSci, the sentiment on the chain seems to have improved again. Two leading tokens, RIF and URO, have emerged around the DeSci concept, both exhibiting hundredfold to thousandfold wealth effects. Following this, Litecoin's official account humorously claimed to be a Memecoin under the current market sentiment, leading to the emergence of "mascots" and other hot topics.

During the weekend, while BTC was consolidating, on-chain trading became the new "big casino."

DeSci

DeSci has once again become a hot topic of discussion. After Binance Labs announced its investment in BIO Protocol, tokens in the DeSci field such as VITA, GROW, and RSC have all seen significant increases, maintaining strong performance even during the recent market correction. The previously low-profile BIO Genesis event was quickly filled to capacity, and even the BIO team's earlier pump experiment platform has been "revived." It seems that all the hot money in crypto is now flowing into DeSci.

RIF

Rifampicin, also known as Rifampin, is a semi-synthetic broad-spectrum antibiotic that primarily inhibits bacterial RNA synthesis, exhibiting significant bactericidal effects. It can treat diseases including tuberculosis, leprosy, trachoma, and veterans' disease.

Highest Market Cap: 144.71M

Current Market Cap: 107.34M

24h Trading Volume: 74.4M

URO

Urolithin A is an organic compound with the molecular formula C(13)H(8)O(4), belonging to the class of urolithins and is a metabolite of ellagitannins.

Highest Market Cap: 50.05M

Current Market Cap: 35.72M

24h Trading Volume: 29.7M

Sci-hub

Sci-Hub is a platform that provides free access to millions of academic papers and works by circumventing publishers' paywalls using various methods, without regard to copyright issues, with nearly 50 million downloads in China alone. Although the previous project has not received official recognition from Sci-Hub, after the community announced a donation of 20% of the supply to Sci-Hub, Sci-Hub opened a donation channel on the Solana network.

Highest Market Cap: 74.35M

Current Market Cap: 37.97M

24h Trading Volume: 71.2M

Quantum Entanglement Concept

Pro&Anti

The quantum entanglement concept token released by sshmatrix (a master's degree holder in applied physics and a cryptography expert), Pro and Anti are mother and child coins, where observing one allows you to know the state of the other.

Highest Market Cap: 18.42M

Current Market Cap: 17.22M

24h Trading Volume: 38.2M

Highest Market Cap: 18.56M

Current Market Cap: 16.83M

24h Trading Volume: 39.4M

AI Meme Field

After ACT launched Binance spot and contracts, the popularity of AI memes has warmed up again. With well-known trader Nachi frequently updating AI meme-related tweets, he believes that AI memes are still undervalued in the meme market, leading to a rebound in the prices of many AI memes.

ai16z

ai16z is a decentralized AI trading fund based on the Solana blockchain. As an "AI investment DAO," the core of ai16z is to use AI agents to gather market information, analyze community consensus, and automatically trade tokens both on-chain and off-chain. This new model aims to combine AI trading strategies with decentralized governance through tokenization, providing investors with more transparent and trustworthy investment opportunities.

Highest Market Cap: 493.74M

Current Market Cap: 456.97M

24h Trading Volume: 23.9M

Shoggoth

Shoggoth is a Cthulhu-style octopus meme on Solana. Shoggoth is a fictional creature from the Cthulhu mythos created by American writer H.P. Lovecraft. It first appeared in his novella "At the Mountains of Madness," described as an amorphous protoplasmic being composed of a gelatinous substance that can change shape at will. They are typically depicted as massive, with a typical size of about 15 feet wide and possessing multiple eyes that seem to float on the surface. The cultural significance of Shoggoth has transcended its original work, becoming a contextual symbol in discussions about artificial intelligence.

Shoggoth is revered in the community as the Doge of AI memes. This uniquely styled octopus meme has even been "shouted out" by The New York Times, which referred to Shoggoth as "the most important meme in artificial intelligence."

Highest Market Cap: 178.94M

Current Market Cap: 99.14M

24h Trading Volume: 13.9M

MemesAI

memesAI is considered a token that can compete with GOAT. The founder of memesAI has also been sponsored by Marc Andreessen for BTC and recognized by Andy Ayrey. Many believe that the current memes AI is significantly undervalued.

Highest Market Cap: 102.04M

Current Market Cap: 68.7M

24h Trading Volume: 9.8M

Mascot Concept

On November 14, the Litecoin Twitter account (@litecoin) posted, "Given the current market conditions, we now recognize LTC as a Meme coin." The "old coin" LTC has welcomed a surge of interaction with meme coins, and subsequently, the LTC official account reposted a humanoid memecoin, sparking market interest. The concept of mascots has once again gained traction following the Catholic mascot Luce.

Lester

The humanoid meme reposted by the LTC official account.

Highest Market Cap: 216.4M

Current Market Cap: 79.55M

24h Trading Volume: 44.2M

Bitcat

An image of Bitcat retweeted by the official BTC Twitter account, regarded by the market as the BTC mascot. After its launch, it quickly surged, reaching nearly 100M in market cap within just four hours.

Highest Market Cap: 90.17M

Current Market Cap: 20.13M

24h Trading Volume: 28.4M

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