Hedgey Finance Hit by $45 Million Cyberattack: A Wake-Up Call for the Blockchain Security

[TLDR]

The recent rebound of BTC has driven a series of strong Altcoins to rise simultaneousl, especiall the strong rebound of the MEME sector, which is worth our long-term attention.

Among the top 10 market capitaliation, new tokens include WIF, BOME, MEW, MEME, and POPCAT.

In this bull market, various innovative themes, pre-sales, and marketing methods of new MEME tokens are emerging, which are highl competitive with high financing and high valuation projects supported b VC.

Introduction

In recent market fluctuations, the new generation of highl anticipated MEME tokens has shown strong rebound abilit. This article will focus on an in-depth interpretation of the new generation of MEME and explore its trend signals leading the market.

The Strong Rebound in Coin Prices is Exclusive to MEME's Altcoin Season

With the weakening expectation of the Federal Reserve's interest rate cut and the temporar easing of the situation in the Middle East, the crpto market has recentl achieved a certain degree of stabilit.

Meanwhile, the global market's interest in crptocurrencies has not decreased but in fact has significantl increased, especiall in the Asian region, where investors have increased their attention to spot ETFs such as BTC and ETH. These positive factors have jointl driven the rebound of the crpto market, especiall the strong rise of the AI and MEME sectors, which has brought a new round of growth momentum to the market.

Specificall, in this round of the market, man infrastructure projects with luxurious financing backgrounds, such as Merlin Chain, Parcl, Meson Network, etc., have performed poorl after going online. On the contrar, the hpe of MEME has not stopped, and man investors have started to la out the top MEME that has been passivel declining recentl. When the market stabilied, these tokens achieved high gains, and man observers even believed that VC coins had been abandoned and needed to embrace MEME Season. Source: MarketVector

In the recent rebound process, new generation MEME such as SLERF, MEW, BONK, WIF, POPCAT have performed particularl well, with a strong momentum to catch up and surpass old brands such as DOGE, SHIBA, PEPE, etc. The strong rebound of these tokens not onl proves their market potential and value, but also further stimulates investors' interest and confidence in the crpto market.

According to CoinMarketcap data, as of the date of writing, the market value of 2223 Memecoins included reached $50.8B, with a 24-hour trading volume of $4.1B. Among the top 10 market capitaliation, new tokens include WIF, BOME, MEW, MEME, and POPCAT, indicating the fast metabolism speed of this sector. Source: CoinMarketCap

In fact, during the previous bull market, the two major MEME companies, DOGE and SHIB, successfull exceeded the market value threshold of $50 billion, demonstrating their strong market influence. According to past patterns, the growth potential of new MEME companies in this round cannot be underestimated. Below, we will share with ou the new generation MEME companies that have gained popularit. Source: @freeer_boi

dogwifhatWIF

The development process of WIF is a process from obscurit to high attention. The launch of WIF token was relativel a low-ke event and opened at an extremel low price on November 20, 2019, while the official Twitter account did not release the first forwarded content until December 29. At that time, man users became popular on Twitter through esports organiations and celebrities, leading to the trend of adding logos and images to the Shiba Inu Wool Hat avatar, which in turn gave rise to the popularit of WIF tokens.

As the trend of price increase became apparent, official Twitter also became active. Although WIF did not receive much attention in the initial Solana meme session, its sustained upward trend in the market accumulated more and more attention.

During its development, WIF experienced several important events. Firstl, a massive transaction led to a brief sharp drop in WIF prices, but then quickl recovered and continued to rise. Subsequentl, WIF's liquidit significantl increased, attracting more investor attention. In addition, the launch of the Robinhood token and bullish comments from industr insiders such as Arthur Haes further drove up the price of WIF.

Overall, the image of WIF as a Shiba dog and its development path also evoke associations with earl DOGE tokens, but in contrast, there are some traces of a "rat cage" in the development process of WIF, which can be considered a flaw.

A Cat in a Dogs WorldMEW

"A Cat in a Dogs World" (MEW), a cat themed token, has successfull stood out in the dog dominated MEME market, demonstrating the unique strategic vision of feline animals.

And its token economics strateg involves destroing 90% of the liquidit pool tokens to stabilie prices, and has attracted a lot of attention from the Solana communit through precise airdrop strategies. This strateg perfectl integrates value, communit engagement, and scarcit into the core philosoph of MEW.

Through active interaction with the Solana communit, MEW quickl gained widespread support and recognition, enhancing its visibilit and reputation in the crpto field. MEW's strategic approach full demonstrates the importance of communit participation and carefull planned token economics in successfull creating a meme in a crpto environment full of variables.

BOOK OF MEMEBOME

BOOK OF MEME was released b Pepe Meme artist Darkfarm on March 14th this ear and is a permanent storage album for Meme. BOME is the Solana chain native token used on BOOK OF MEME.

The rise of the BOME project stems from its innovative pre-sale model. Unlike traditional token pre-sale methods, Darkfarm did not pre-set the starting price of tokens, but allocated tokens based on the proportion of SOL invested b participants. This fair and transparent pre-sale method, combined with the metric of all SOL collected during the pre-sale period for the token pool, laid a solid foundation for the subsequent rise of BOME.

BOME skrocketed from a negligible $0.0000496 to $0.0012 within just three hours of opening, with its market value skrocketing 20 times to a staggering $80 million. It then quickl went online on various exchanges, sparking a series of MEME frenies that referred to the pre-sale method of the coin.

MemelandMEME

The MEME token with the same name as meme originated from Memeland, a carefull crafted Web3 project b 9GAG compan that focuses on web memes and jokes.

The influence of the 9GAG communit spreads all over the Internet, with a large fan group on social platforms such as Facebook and Instagram. For man ears, the team has focused on building communit-based products, working closel with numerous well-known brands, creators, and millions of fans.

Memeland was launched in mid-2022 and released three popular limited edition NFTs to raise funds, including the unique MVP series, the creative The Potato series, and the captivating The Captain series. These NFTs are not onl limited in quantit, but each has different rights.

Ironicall, Memeland explicitl stated on its official website that its ecosstem token Memecoin has no specific purpose or commitment, and is purel a MEME token with no empowerment, roadmap, or commitment, full reflecting its MEME attributes.

Although MEME was launched at a time when the overall market activit was low, Memeland successfull raised billions of funds through communit pre-sales alone, full demonstrating the strength and solidit of its communit. With the launch of projects on major exchanges, MEME quickl became one of the highl anticipated and popular projects, sparking widespread market expectations.

PopcatPOPCAT

POPCAT is also a cat themed MEME that draws inspiration from popular mischievous cat expressions on the internet, smboliing the perfect fusion of network virus culture and the crpto world.

Currentl, the holding address of the coin has reached 45.1K, with a market value of nearl $500 million, ranking tenth in the MEME sector.

MEME Ma Shift Towards a Sustained Communit Trend

MEME, as a unique branch of the crpto market, has attracted attention for its fun and sociabilit.

But Memecoins are not without risks. Man projects have been plagued b fraudulent activities such as "Rug Pull" and "volatile selling", and also disappeared due to a lack of interest, attention, and shared thinking.

In addition, the volatilit of MEME is much higher than that of other crpto sectors. As we write this article, we observe that the market is beginning to experience a slight pullback, and the leading role of MEME series tokens is fading. Source: SoSo Value

From a long-term perspective, with the continuous heating up of MEME projects on the two blockchain platforms Solana and Base, the MEME market has transformed from a brief boom to a sustained trend of communit interaction. Various innovative themes, fundraising pre-sales, marketing methods, and utilit empowerment have emerged, which are likel to compete with high financing and high valuation projects supported b VC.

The latest report from Matrixport also holds similar observations as ours. However, based on the market share index of Bitcoin, the broader upward space ma still be in its earl stages. This also indicates that the scope of this bull market is ver narrow, with Bitcoin occuping more market share. In this narrow bull market atmosphere, a few MEME have experienced large-scale rebounds, becoming highlights.

Although there is still some volatilit and uncertaint in the current market, the rise of MEME undoubtedl brings new vitalit and opportunities to the market. We will also closel monitor the performance of the MEME market, observe whether it will continue to show strong vitalit, and lead the entire crpto market into a new bull market.