Original｜Odaily Planet Daily (@OdailyChina)

Author: Wenser (@wenser 2010 )

As the cryptocurrency market fell slightly due to the regional political situation, the market's attention and investment enthusiasm returned to the Meme coin field. The difference is that today's Meme coins are somewhat similar to the "zoo market" a few years ago, but also very different: on the one hand, there are "old players" - celebrity coins emerging; on the other hand, following various animal-themed tokens including hippos, a new wave of emoji-themed tokens has appeared.

Odaily Planet Daily will briefly review the main projects in the Meme Coin PVP War in this article for readers' reference. (Odaily Planet Daily Note: Meme Coin market fluctuates greatly, and the investment risk is high. Please choose the investment target carefully.)

WAP: Is this famous single by a top rapper a paid song or a personal project?

On October 8, top female rapper Cardi B suddenly released a "calling order tweet" saying that her cat's name is WAP, and combined with her well-known single (Wet Ass Pussy), she called on fans to buy her eponymous token WAP. Because the tweet was very different from the previous tweets and too straightforward, only a few players in the market responded to it. More people believed that her X platform account was stolen, and Odaily Planet Daily also followed up immediately; subsequently, the initial investigation by the chain detective Wazz showed that the cryptocurrency promoted by American social media celebrity Cardi B has traced the origin of the scam, and the wallet address of the project is related to multiple rug pull projects.

But on the 9th, Cardi B once again released a real-life video, calling for WAP again, and the market reacted strongly to this; 12 hours ago, she tweeted again with a picture of her holding a blue British shorthair cat, which was the WAP mentioned earlier. The Meme coin also experienced ups and downs, with its high price once approaching $0.04.

Token contract: Bz7vVzQhm2KMW1XgcrDruYega1MiwrAs1DQysrx4tFkp;

Token price: 0.019 USD;

Token market value: $19.5 million;

WAP Token Information

miharu: Gamestop strikes again, this time with marine animals

On the evening of October 9, the account @XData under the X platform released a picture of a smiling porpoise and wrote that "this meme has been viewed more than 32 million times on the X platform". Since the previous animal-related picture it released was the "Internet celebrity hippo" MOODENG on September 21, the market has extraordinary trust in its "order-calling ability", and the related meme token miharu rose 50 times to a market value of 3 million in a short period of time. Odaily Planet Daily also followed up on this as soon as possible.

On October 11, GameStop released a picture of a smiling porpoise on the X platform. Due to its strong appeal to retail investors, the miharu token briefly exceeded $0.01, and its market value instantly exceeded $11 million. As the meme spread further, the token price of the project was close to $0.02; the market value once exceeded $20 million. However, in the fierce PVP competition, the project was subsequently sucked away by other new projects, and its current market value has fallen sharply.

Token contract: 6tVZVjcppH2BZ9Xj5yFU1Zt34m2rYcyDqqpSeMDZpump;

Token price: 0.0048 USD;

Token market value: $4.7 million;

miharu Token Information

Magnet: A new ID suffix, a new identity symbol

On October 9, the on-chain detective ZachXBT published a post saying that 11 addresses were found that were highly associated with the crypto KOL Murad, holding approximately $24 million in Meme tokens, which focused the crypto market’s attention on Murad himself. Previously, Murad had delivered a speech titled “The Super Cycle of Meme Coins” at the Token 2049 event, which attracted a lot of attention. He had previously earned a 61-fold return on SPX tokens in four months, making a profit of $23.6 million. The latest data shows that he has currently earned 79 times the return. Farokh, the founder of Rug Radio, also posted a video tweet on the 9th of an online interview with Murad, detailing his experiences after entering the crypto world and his personal views on the current market situation. His admiration for Meme coins has also been regarded by the market as another “Meme coin shouting king.”

13 hours ago, another crypto KOL RookieXBT, who strongly called out POPCAT, tweeted, "What does it mean? It means hope; it means believing in something; this is our world, and everyone else just lives in it." This emoji symbol is given a different meaning. Subsequently, the market heard the news, and Meme coin projects with "Magnet" as the token ID quickly emerged and quickly occupied the market's attention, and the market value also rose all the way. RookieXBT then added: "Disclosure: I am drunk now. Apparently, people have launched a Meme coin called magnet, and it seems that I have received a considerable supply of tokens on one of my real-name wallets; I will not sell it until the price is higher, and I promise to donate 100% of it to charity when I do so."

Murad then joined the "symbol carnival" and added the logo to his ID suffix; well-known players on the chain such as POW and "Meme coin vanes" followed suit. The latest news shows that staqi.sol achieved a 421-fold return in 12 hours by trading Magnet tokens, making a net profit of 1,238 SOL (about $180,000), and still holds 3.74 million Magnets, worth about $45,000.

Token contract: 8iWsK2WH3AGviQwAnt43zvc8yLy6QMUSuv8PK2A7pump;

Token price: 0.01 USD;

Token market value: $10.7 million;

Summary: The future of Meme coin has unlimited imagination, but PVP is still the mainstream gameplay

In the previous article (Neiro and NEIRO are listed on Binance, is the Meme coin track ushering in a turning point?), we mentioned that the end of the Neiro/NEIRO capitalization dispute has opened a new turning point for the Meme coin track. Many people in the community joked that in the future, playing Meme coins may require an ambush. "❄ ⬛ ❄ ⬛, about 5-6 of each, one uppercase and one lowercase; one has a community, the other does not; one transfers coins to Vitalik, the other transfers coins to Binance."

The gameplay with emoji suffixes may also become the next "gimmick" of the Meme Coin project, but what is certain is that in the crypto market with limited liquidity, the mainstream gameplay of the Meme Coin track is still PVP - either be one step ahead of others; or get in among the crowds.