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 waned, 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, the angle was the officially announced Vatican mascot—Luce ($LUCE).
Within half a day of its launch, $LUCE reached a market cap of 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 that young people love."
Moreover, this week Luce will also make an appearance at the famous Lucca Comics & Games convention in Italy, where the Vatican's Dicastery for Communication 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 Surpasses Ten Million Overnight
Having introduced 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, let me 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 it, I found that the market cap of $LUCE was around $70,000, just as Pump.Fun's internal share was about to go live on Raydium's external market. Given that yesterday's market was quite painful, with most new coins crashing as soon as they hit the external market, I didn't take $LUCE seriously :)
Less than ten minutes later, the group was in an uproar. Feeling uneasy, I checked the bot again and found that $LUCE's market cap had approached $2 million, with the price nearly 30 times higher since its external launch. Half an hour after going live, the price had surged about 60 times, bringing the market cap to $5.2 million.
The last time I saw such a zero-frame launch directly pump 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 Concept 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 didn't surge, there are still 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 do not guarantee the completeness or accuracy of the content. Additionally, this article does not constitute any investment advice.
$LUCE - The Main Character of This Article, Zero-Frame Start Surpassing 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
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…
$Sky, $Xin, $Fe - Luce's Three Friends
Contract Address:
$skyGjXpowEmJecAxHaMgYrxrTsWfuPR7DyLxwe8z2v4YvKW
$xin4AyViLduWHAIR6MhS8upSTx6A9C4dvMUa1F9Krzgpump
$FE4AyViLduWHAIR6MhS8upSTx6A9C4dvMUa1F9Krzgpump
24H Trading Volume: Between $400,000 and $600,000
Current Market Cap: Between $200,000 and $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 surged a few times alongside $LUCE but lacked momentum, so 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 going live, it briefly surged but is now close to zero.
Conclusion
As of the completion of this article, $LUCE's market cap is still around $40 million, but related concepts have not surged alongside the leader.
From the perspective of an on-chain player, the speed of $LUCE's pump was too rapid and seemed orchestrated by market makers, replicating the recent "frenzied golden dog" pump method. For many market participants, this rapid pump may not have left much room for understanding the concept, or perhaps everyone has become accustomed to such sudden trends, leading to a lack of interest in replicas.
In summary, although $LUCE's price remains relatively strong, as a token that resembles a "conspiracy group," it could easily drop from a market cap of ten million to zero in an instant. Don't get carried away, and don't FOMO; opportunities are always in the next one. Over.
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