M3M3 Surges 2400x in Two Hours, Solana Continues its "Fast Lane" Show | What Meme is Hot Today?

By: blockbeats|2024/12/05 07:00:03

Today, as Bitcoin hits a new high, the entire crypto market has once again seen a wave of enthusiasm. Meme coins on Solana such as VOID, CONAN, JUNIOR, M3M3, and ROT have stood out, experiencing not only sharp price increases but also benefiting from art, social issues, and AI technology behind the tokens.

Today on Solana's leaderboard, the well-known meme coin MOODENG has emerged, with GIGA holding a position in the top three by trading volume. MOODENG has seen significant trading volume in recent days, consistently ranking in the top three. On the night of December 4th, a tweet from Coinbase announcing the listing of MOODENG led to a resurgence, increasing its market cap by $600 million. GIGA also experienced a sudden surge to a $700 million market cap around the same time, with a 71.4% price increase in an hour, followed by a rapid pullback. This surge for GIGA was due to a Coinbase tweet announcing its inclusion in the project's development roadmap.

M3M3 Surges 2400x in Two Hours, Solana Continues its

M3M3

M3M3 introduces a new meme coin mechanism brought by Meteora, also known as meme (3,3). The distinctive feature of this token is its innovative stake-to-earn mechanism, transforming the traditional meme coin's PvP (player vs. player) model into a PPP (player vs. platform) model.

In this mechanism, top meme coin stakers compete to receive fee rewards from the permanently locked liquidity, allowing users to earn continuous rewards through token staking, no longer relying on market fluctuations or player-to-player competition.

M3M3 provides incentives for launch platforms, creators, and holders, driving staking and trading growth and offering meme coins a more sustainable income source and dynamics, avoiding the risk of traditional meme coins relying on speculative price swings.

Following its launch, M3M3 quickly surged, reaching a peak market cap of 169.82M, with nearly a 2400x increase in two hours, currently hovering around a $200 million market cap.

Highest Market Cap: 169.82M

Current Market Cap: 121.03M

24h Trading Volume: 25.9M

Today's Highest Buy Profit at 12AM (GMT+8): 242757.14%; Current Profit: 167042.86%

VOID

The core idea of the VOID token is the sense of nothingness, somewhat like an artistic piece of philosophical contemplation, inspired by the concept of the artist Yves Klein. It represents a digital void, challenging our understanding of value, ownership, and belief. VOID aims to transform the speculative nature of currency into a profound reflection on intangible and the essence of value.

By drawing from Klein's work, VOID emphasizes blankness and absence. Unlike traditional material art, VOID's value does not come from its form or utility, but from consensus and belief, imbuing it with a unique cultural symbolic meaning. Currently, the token does not have an official Twitter or website, with only a brief token introduction on pump.fun.

On the evening of the 4th, the market cap surged 30x within two hours of the token launch, followed by an upward oscillation. It reached its peak market cap of 19M at nine o'clock this morning. Within eight hours after the launch, the market cap stretched 74x, and it is currently back in an oscillating state.

Highest Market Cap: 19.05M

Current Market Cap: 11.71M

24h Trading Volume: 68.2M

Today's Highest Buy Profit at 12AM (GMT+8): 98.00%; Current Profit: 14.40%

Conan

Conan is a token represented by an image of a dog named Conan. Conan is a dog that bit a neighbor in Burbank, and even though the dog's aggressiveness was confirmed in the case, the judge decided to return it to the owner under specific conditions rather than euthanize it. This incident sparked discussions on animal welfare, government overreach, and individual autonomy on Twitter.

This ruling symbolizes the community standing up against government overreach and advocating for those voiceless beings. Through the Conan token, supporters not only commemorate this dog saved from euthanasia but also convey the belief in advocating for animal rights, becoming a symbol of saving lives and promoting individual rights.

conan suddenly surged fivefold at 6 a.m. on the 12th to reach a peak market cap of 46.1M, then quickly retraced to around 8M for a period of oscillation.

Peak Market Cap: 45.99M

Current Market Cap: 1.97M

24h Trading Volume: 19.4M

Today's Highest Buying Profit at 12 AM (GMT+8): 39.53%; Current Profit: -77.44%

JUNIOR

Junior represents a fusion of a content creator, rapper, artist, and virtual persona with years of IP experience. Junior is backed by Vega-Genesis, a rapper, artist, content creator, and the manager of Junior Jr. Vega-Genesis's identity is a significant advantage, and his AI IP project combines AI technology with culture. Twitter users believe Junior's success lies in being the first to integrate AI technology with its own currency as a cultural brand and as a symbol of future virtual content creators.

The token quickly surged to a peak market cap of 4.88M after issuance but immediately fell back and began a period of consolidation.

Peak Market Cap: 4.28M

Current Market Cap: 550K

24h Trading Volume: 18.5M

Today's Highest Buying Profit at 12 AM (GMT+8): 2050.00%; Current Profit: 175.00%

Brain Rot

Rot is a token representing the concept of "brain rot," aimed at reflecting the mental health issues contemporary individuals face from overconsumption of social media and online content. The inspiration for $Rot comes from the phenomenon where extended periods of consuming various videos on platforms like TikTok lead to excessive dopamine stimulation in the brain, resulting in decreased cognitive abilities and thought becoming "mushy."

**FOMO Rot** is mainly about introducing Rot to help people accept the reality that their brains are "already decaying," urging people to understand the importance of "delayed gratification" to avoid overconsumption of short-term instant rewards.

Within two hours of its launch, Rot surged 45x to a peak market cap of $14 million, then dropped to around $6 million, and is currently hovering around $2 million.