Today we continue to look at the projects in the 200-300 range. In fact, the surge in the past few days is almost all led by meme. I believe many people have read an article by Shenyu before. There is no alt season in this round of bull market. Now the alt season is here, and it is very fierce. During this bear market, we were still very awesome. We successfully conducted a special analysis of MEME and got big alt coins such as floki and pepe, which successfully doubled more than ten times. There is also an AI special session, and several leading AIs were all selected. It’s just a pity that TAO’s score was not very high at that time, but AGIX and FET still rose well. Today I continue to look at the projects in the 200-300 range, and found that a large number of meme projects have come up. Let’s take a look at these MEME projects today, because the projects in this range still have good potential. The three projects we are looking at today are Turbo, MOG and erc20. 1. Turbo The first project is the recently reported Turbo. It has increased more than 10 times in the past month, especially in May, when it removed a zero. The current market value is 530 million US dollars, ranking 230+. It is also a meme coin.

Introduction

Turbo Token is an ERC-20 token based on Ethereum. Smart contracts ensure secure, transparent and efficient transactions without the intervention of a central authority.

The birth of Turbo Token is a bold experiment in cryptocurrency creation. Inspired by the power of artificial intelligence, the project's founders presented GPT-4 with a simple challenge: create the next great meme coin with a budget of only $69. Today, Turbo has become a decentralized, community-driven crypto adventure project.

This story is indeed ridiculous, but it also has certain challenging potential. In fact, everyone has ideals, or people are very idealistic. If such a ridiculous story can succeed, it must be very interesting, so this will also stimulate people’s desire for challenge to a certain extent.

Token Economy

Total supply: 69 billion $TURBO;

Initial Token Distribution:

- Crowdfunding: 60 billion

- Founder: 9 billion

main feature:

- No tax on transactions

- Give up the ownership of the contract

- Community driven

data analysis

Regarding fans, there are currently 50,000 fans on Twitter, 10,000 on Discord, and 26,000 holders. Judging from this data, it is indeed quite average, and is an order of magnitude lower than Pepe, Floki, and Bonk that we analyzed before.

It currently has a main point, which is that it is listed on more than 30 exchanges. For a meme project, this is indeed quite attractive.

2. MY

This project is probably the second time we have seen it. The first time was in the series about BTC’s strongest rebound after halving. This guy appeared. It has also increased 40 times this year. The current market value is 550 million US dollars, ranking 230+. This is also a meme project with a cat avatar.

The idea for Mog started as a fun joke between friends, and in the summer of 2023, the token was launched as a fair launch memecoin through a Uniswap V2 LP. Although it started as a joke between friends, when the project went live, its unique value was immediately apparent. Mog quickly stood out through its open meme brand and unique content. The cultural foundation of Mog - effortless cosmic domination - is a philosophy and mentality that anyone can adopt and apply to any situation in life. It's just about being the best version of yourself in everything you do - having faith in yourself, your community, and your success.

But it’s more than just a coin, it’s the triumph of tokenization. $MOG is effortless cosmic domination and pure success, distilled into computer photons, packaged into ERC-20 tokens, and placed directly on the Ethereum blockchain. Mog is a movement, a lifestyle. From day one, Mog has organically built its community from the ground up with the goal of becoming a culture-defining force in the crypto ecosystem.

Token Economy

The total number of tokens is 420,690,000,000,000, and the circulation volume is 390,570,159,911,439. The current exchange rate is 0.000001399 USD, which is also the highest peak. It has been listed on more than 10 exchanges, but not on major exchanges yet.

Then let’s look at the fan data. There are 45,000 followers on Twitter and 19,000 holders on Ethereum, which is similar to Turbo’s data.

3.ERC20

The name suggests that this is a MEME coin that is riding on the popularity of ERC20. It has nothing to do with Ethereum officially, but its trend is very strange. Please see the picture below.

This project actually came out in 2018. At that time, it also suffered a wave of cuts. The highest peak reached 1.8 US dollars, and then dropped to 0.02 in an instant. This wave of cuts was considered to be quite severe. After that, it was silent for so many years. Recently, there have been some small movements. It is obvious that the dealer is playing by himself and making some small profits.

This project has been issued on three chains, ETH, SOL, and BNB, but the maximum amount of tokens is unknown. The current total amount is 12,999,999,994, and 1,128,632,512 are in circulation, with a circulation rate of less than 10%. So after so many years, it has not been fully unlocked. Generally, meme projects are ownerless currencies that only other people play with.

Finally, let's summarize these three projects. The third project must not be played, no matter how it pulls up the market, it must not be played. Then turbo and mog are similar, because they are similar in terms of data. Turbo is a bit like Pepe's popularity, because it is also a frog image, and mog is a cat image, which is also a leading cat meme, because there have been two dogs before, and Pepe the frog has entered the top 20 in market value, so shouldn't a cat emerge and enter the top 20 in market value? Then these meme projects that have just emerged have relatively average narrative abilities, unlike the meme specials mentioned before, which have already begun to have an ecosystem. These memes are still the old way, which is actually insufficient. Another point is that there are some traces of chaos in the current copycat market. Every time the meme market is in chaos, everyone should be cautious. #内容挖矿