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A Weekend of Two 1000x Projects, DeFi Revives On-chain Sentiment | What Meme is Hot Today?

A Weekend of Two 1000x Projects, DeFi Revives On-chain Sentiment | What Meme is Hot Today?

BlockBeatsBlockBeats2024/11/18 05:08
By:BlockBeats

Desci - Unlocking the Cryptocurrency World

On November 8, Binance Labs announced its investment in BIO Protocol, igniting the DeSci concept, and the on-chain sentiment seemed to improve once again. In response to the Desci concept, RIF and URO emerged as leaders, both experiencing hundred- or thousand-fold wealth effects. Later on, during Litecoin's official "antics," claiming to be a Memecoin in the current market sentiment, we saw the emergence of "mascots" and other hot topics.


During BTC's weekend consolidation phase, on-chain transactions once again became a new "big casino."


DeSci


DeSci once again became a major topic of discussion. Since Binance Labs announced its investment in BIO Protocol, DeSci tokens such as VITA, GROW, and RSC have all seen significant gains, maintaining strong performance even during a recent market correction. The previously low-key BIO Genesis event was immediately filled to capacity, and even the pump experiment platform previously launched by the BIO team saw a "resurrection." Now, it seems that all the crypto hot money is flowing into DeSci.


RIF


Rifampicin, also known as rifampin, is a semi-synthetic broad-spectrum antibiotic that mainly inhibits bacterial RNA synthesis, demonstrating a significant bactericidal effect. It can be used to treat diseases such as tuberculosis, leprosy, trachoma, and post-traumatic stress disorder in veterans.


A Weekend of Two 1000x Projects, DeFi Revives On-chain Sentiment | What Meme is Hot Today? image 0


A Weekend of Two 1000x Projects, DeFi Revives On-chain Sentiment | What Meme is Hot Today? image 1


Highest Market Cap: 144.71M

Current Market Cap: 107.34M

24h Trading Volume: 74.4M


URO


Urolithin A is an organic compound with the molecular formula C(13)H(8)O(4). It belongs to the group of urolithins and is a ellagitannin metabolite.


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Highest Market Cap: 50.05M

Current Market Cap: 35.72M

24h Trading Volume: 29.7M


Sci-hub


Sci-Hub is a platform that bypasses paywalls by publishers to provide free access to millions of academic papers and works in a way that disregards copyright issues. It has facilitated nearly 50 million downloads in China alone. Although the previous project did not initially receive official recognition from Sci-Hub, after a community announcement to donate 20% of the token supply to Sci-Hub, Sci-Hub opened a donation channel on the Solana network.


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Highest Market Cap: 74.35M

Current Market Cap: 37.97M

24h Trading Volume: 71.2M


Quantum Entanglement Concept


Pro & Anti


A Weekend of Two 1000x Projects, DeFi Revives On-chain Sentiment | What Meme is Hot Today? image 4


A token concept of quantum entanglement introduced by sshmatrix (Master of Applied Physics, Cryptography Expert). Pro and Anti are paired as parent-child coins, where observing one reveals the state of the other.


A Weekend of Two 1000x Projects, DeFi Revives On-chain Sentiment | What Meme is Hot Today? image 5

Highest Market Cap: 18.42M

Current Market Cap: 17.22M

24h Trading Volume: 38.2M


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Highest Market Cap: 18.56M

Current Market Cap: 16.83M

24h Trading Volume: 39.4M


AI Meme Sector


Following the listing of AI meme on Binance Spot and Futures markets, the AI meme has regained popularity. With well-known trader Nachi recently posting frequent updates on AI meme-related tweets, he believes that the AI meme's market share is still underestimated, leading to a significant price rebound in AI memes.


ai16z


ai16z is a decentralized AI trading fund based on the Solana blockchain. Serving as an "AI Investment DAO," ai16z's core strategy involves leveraging AI agents to gather on-chain and off-chain market data, analyze community consensus, and automatically execute token trades. This new model aims to combine AI trading strategies and decentralized governance through tokenized operations, providing investors with more transparent and trusted investment opportunities.


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A Weekend of Two 1000x Projects, DeFi Revives On-chain Sentiment | What Meme is Hot Today? image 8


Highest Market Cap: 493.74M

Current Market Cap: 456.97M

24h Trading Volume: 23.9M


Shoggoth


Shoggoth is a Cthulhu-themed octopus meme on Solana. Shoggoth is a fictional creature from the Cthulhu Mythos created by American writer H.P. Lovecraft. Shoggoths first appeared in his novel "At the Mountains of Madness," depicted as amorphous protoplasmic beings composed of a gelatinous substance capable of changing shape at will. They are usually portrayed as massive, typically about 15 feet wide, with multiple eyes seemingly floating on their surface. The cultural significance of Shoggoth has transcended its original works, becoming a contextual symbol in discussions about artificial intelligence.


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Shoggoth is revered in the community as the Doge of AI memes. This unique octopus meme has also been shilled by The New York Times. The New York Times once called Shoggoth the "most important meme in artificial intelligence."


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Highest Market Cap: 178.94M

Current Market Cap: 99.14M

24h Trading Volume: 13.9M


MemesAI


MemesAI is considered a token that can compete with GOAT, and the founder of memesAI has been sponsored BTC by Marc Andreessen and also endorsed by Andy Ayrey. Many believe that the current memes AI is severely undervalued.


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A Weekend of Two 1000x Projects, DeFi Revives On-chain Sentiment | What Meme is Hot Today? image 12


Highest Market Cap: 102.04M

Current Market Cap: 68.7M

24h Trading Volume: 9.8M


Mascot Concept


With November 14th, the Litecoin Twitter account (@litecoin) posted, "Given the current market situation, we now affirm that LTC is a Memecoin." The "vintage coin" LTC witnessed a surge in interaction with meme coins, and later the LTC official account reposted the LTC humanoid memecoin, sparking market interest. The mascot concept saw hype again following the Catholic mascot Luce.


Lester


The humanoid meme reposted by LTC official.


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A Weekend of Two 1000x Projects, DeFi Revives On-chain Sentiment | What Meme is Hot Today? image 14


Highest Market Cap: 216.4M

Current Market Cap: 79.55M

24h Trading Volume: 44.2M


Bitcat


An image of Bitcat retweeted by the BTC official Twitter account, considered the mascot of BTC, quickly pumped after its debut, reaching a market cap close to 100M in just four hours.


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Market Cap: 90.17M

Current Cap: 20.13M

24h Trading Volume: 28.4M


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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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