PEPE continues to hit new highs, while VC coins continue to fall. In contrast, discussions and doubts are bound to become the mainstream of the community again.
Written by Frank, Foresight News
Map: Kiet, Foresight News
Note: "Weekly Hot Searches" counts the user search results of Foresight News from last Friday to this Friday (May 10 to May 16), and the capitalization of the same concepts is merged.
The top of the hot search list has been occupied by "airdrop" for eight consecutive weeks (recommended "Timeline: A Summary of Selected Potential Airdrops"). In addition, "meme" has become a hot topic in the community this week, with discussions about meme tokens and VC tokens becoming more and more popular.
"PEPE" has also further consolidated its position as the leader of the new meme token, setting a new historical high, once reaching 0.0000111 USDT. In fact, in today's market environment, apart from short-term speculation, the call for fairness from the general public represented by the meme has gradually become a trend, and funds are voting with their feet.
Corresponding to this are the "VC coins" that have had extremely high FDV and a falling trend after a series of listings on top exchanges recently. Typical representatives include "AEVO", REZ and even the token BB of Binance Megadrop's first project "BounceBit". Since their listing, they have ended with a negative line almost every day, and all users who entered the market have been deeply trapped.
In contrast, discussions and doubts about meme coins and VCs will inevitably become the mainstream of the community again. Memes will at least continue to bring in incremental funds and attention thanks to user traffic, while new projects with valuations of billions of dollars are all outdated concept products that are wrapped in grand narratives or old gameplay. It is understandable that they are disliked by the community. This also rings a wake-up call for VCs and project owners who are accustomed to path dependence.
At the same time, LayerZero’s anti-witch self-reporting campaign can be said to be “fruitful” - LayerZero CEO Bryan Pellegrino tweeted that more than 338,000 addresses have self-reported as witches, with less than 24 hours left until the reporting deadline, and the bounty process will be open at 10:00 tomorrow Beijing time.
It is also worth noting that this anti-witch trend of "surrendering" has begun to spread to other projects. For example, zkLink has announced that it will implement strict witch detection on all Lynks NFT holders, and "surrendering" can obtain 25% of the expected reward. Whether this anti-witch + surrendering approach will be adopted by more projects or even become standard in the future will undoubtedly be a big highlight.
As a viral Telegram game, "Notcoin" should have attracted many users to understand and even download "click to earn" in the early days. However, there are naturally few people who can stick with it and foresee its listing on Binance. It is said that the project has attracted the attention of millions of players in the past few months, with a peak DAU of 6 million.
At the same time, as Binance's latest Launchpool project, "NOT", which was just launched for trading yesterday, has to some extent re-stimulated the market's attention to "TON" and the TON ecosystem.
The community turmoil of "io.net" has basically come to an end. This week, Solana wallet submissions have been re-enabled through IO Worker, and the final snapshot of the first quarter rewards has been taken. In addition, its circle of friends in building a distributed computing network continues to expand, and it has announced that more than 300 NVIDIA H100 GPUs from Aethir will be integrated into its infrastructure network.
At the same time, Aethir and io.net will deploy a total of 1,000 H100 GPUs by the end of May, which is three times the number of H100 GPUs available to all Web3 competitors, and can handle more complex and demanding computing tasks.
The activity on the "Solana" chain continues to lead a number of smart contract public chains, especially its outstanding performance in this wave of new meme craze. This week, the editorial team also used Ethereum as a comparison object from the underlying technical logic, and briefly disassembled and compared the characteristics of the Solana smart contract programming model (recommended reading "Even elementary school students can understand it! What is the difference between Solana's programming model and ETH?").
At the same time, "Monad" happened to be on the list again this week. After HTX Ventures announced a strategic investment in Monad Labs not long ago, discussions and attention on parallelized EVM have gradually increased recently. The hype trend in this area in the future deserves special attention.
At a time when the market has many complaints about the Ethereum ecosystem, especially Ethereum L2, the TVL of "Scroll", which is often at the center of public opinion, exceeded US$400 million this week, setting a new historical high; "Blast" has lost a lot of heat due to repeated delays.
This week, the search terms "撸毛" and "TON" on Mirror's hot search list were linked to the site's hot searches. In the author list, the proportion of airdrop tutorials decreased:
1. Van | LayerZero (Project Information)
2.OasisUni (Airdrop Tutorial)
3.ZkSync Chinese Assistant (Project Information)
4. Second-hand sharing of airdrop information (airdrop tutorial)
5.0x9Ef (Industry Observation)
6.0xzhaozhao (Airdrop Tutorial)
7. Akash Naskar (Industry Insights)
8. CryptoZ (Industry Observation)
9.0xa39b (Airdrop Tutorial)
10.king (Airdrop Tutorial)
