Just woke up and saw you guys in PVP.
Author: Deep Tide TechFlow
Today is September 29, 2024, a normal rest day, and the on-chain market is still active. From last night to this morning, diligent on-chain players have made new gains, with several new perspectives on Meme coins: the new cat caramelo of the dog coin $Doge founder Shibetoshi Nakamoto, the enchanting dog Point of dog…
What are these new concepts, and what are the same-named dogs coming out? Let's take stock without further ado!
Note: Meme token prices fluctuate sharply and carry high risks. Investors should fully evaluate the risks and participate cautiously. This article only shares information based on market hotspots. The author and the platform do not guarantee the completeness and accuracy of the article content, and this article does not provide any investment advice.
Enchanting dog Point of dog
Just woke up today and was bombarded by the heat and rise of the new dog Meme $POD. After a little understanding, it was found that this time the dog Meme is not a pet of a celebrity or founder, but a more "Meme" abstract image: Point of dog.
From the flooded images, Point of dog looks more like a purely Meme character, with only the back of a dog's head, embedded with various images, serving as an "observer" figure. This kind of abstract and convenient for quick second creation IP is quite popular among Meme enthusiasts (like another popular Solana Meme $MICHI).
Of course, having a fun IP is just the first step, and the conspiracy group is late but arrives. $POD went online on Pump.fun in the early hours of this morning and was pumped up in about half an hour.
After being launched on Pump.fun, it followed the familiar tactic of pulling all the way up. In less than half a day after going online, the highest market value exceeded $10 million, and it has now fallen to around $4.6 million, with a trading volume of $22 million in less than 12 hours.
The traces of the conspiracy group are quite obvious, not a word of nonsense, purely pumping, nothing else.
Founder of Dogecoin's new cat caramelo ($melo)
While the enchanting dog $POD's pumping is not over, the protagonist of the "founder of Dogecoin" concept, Shibetoshi Nakamoto, who was hot on the ETH mainnet a few days ago, posted a new family member, a cat named caramelo, at 9:41 am this morning, and "thoughtfully" provided the abbreviation for the cat, melo. (Deep Tide note: The kitten is quite cute)
As soon as Shibetoshi Nakamoto's tweet came out, the same-named token $melo was immediately arranged, with the familiar uppercase vs. lowercase, ETH vs. Solana, abbreviation vs. full name…
What's more, the project had already completed the CTO within two hours of the tweet being sent…
The following tokens have relatively large trading volumes in the melo concept:
- ### melo ($melo) - ETH
24H Trading Volume: $2.9 million
Current Market Value: $770,000
Highest Market Value: $1 million
The melo concept coin with the highest market value on the ETH chain, from the name, it seems to have taken the "lowercase" niche. GMGN.AI monitoring tools show that the developer has bought in many times, and the top 10 holdings are relatively high.
- ### Caramelo ($MELO) - ETH
24H Trading Volume: $3.3 million
Current Market Value: $567,000
Highest Market Value: $2 million
The melo concept coin with the highest trading volume on the ETH chain, with a capitalized name, the token initially surged and then fell back, presumably due to the initial surge of the capitalized branch.
- ### caramelo ($MELO) - ETH
24H Trading Volume: $146,000
Current Market Value: $500,000
Highest Market Value: $620,000
This token was launched later than the first two, with a smaller market value and trading volume, and no significant pullback has occurred as of the writing. However, there are still many chips in the hands of sniper users, and the top 10 holdings are relatively high, with significant potential selling pressure.
- ### Caramelo ($MELO) - Solana
24H Trading Volume: $3.6 million
Current Market Value: $5.1 million
Highest Market Value: $10.1 million
While the $melo on the ETH mainnet is vying for attention, Solana is more focused. The $MELO that emerged from Pump.fun directly challenged a market value of tens of millions, with a strong hint of the conspiracy group's style.
Participating in Meme carries extremely high risks, with unlimited opportunities and limited capital. Don't Fomo, don't go all in, Over.
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