In the crypto world, the celebrity effect has always been a hot topic. Can you believe it? In just a few hours, the market cap easily broke through $50 million, a speed faster than updating your social media feed!
These rapidly inflating meme coins are like high-speed racing cars in the on-chain stock market, with no time to brake, full of stories and surprises in the midst of skyrocketing and plummeting.
Today, let's review those "speed runs" that have caused an uproar in the entire crypto circle in the past 24 hours, their logic, heat, and future direction - is it the beginning of innovation or the peak of the bubble?
1. ALON: Suspected work of Pumpfun founder, a $250 million market cap "creation myth"
We have to start with the ALON token. As a meme coin that once exceeded a $250 million market cap, the story of ALON itself is like a carefully crafted play - the mysterious founder, the convoluted capital flow, and even the intervention of the crypto giant Binance Alpha.
Speaking of this, you may be curious about how ALON became so popular. Honestly, its success is partly due to the amplification effect of social media, and partly thanks to the founder of Pumpfun, Alon (a coincidence?), although he firmly denies any involvement in the creation of ALON. Alon publicly stated that he did not participate in it, and even warned people not to buy it. However, the market's craziness is like being in a casino, when luck comes, even the dice can help you guess correctly. In this ambiguous "claim", ALON instantly attracted a large number of investors, and its market cap once soared to $250 million. However, in the past 24 hours, the market cap of the ALON token has dropped below $30 million, indicating that the risk of speculative bubbles is beginning to emerge. Although the market is still focused on the story behind it and the possibility of a rebound, the future direction remains unclear. Next, is ALON really related to the official Pumpfun? Can ALON regain its heat? Or will it gradually disappear in the midst of the huge market fluctuations, this will be a question that all investors need to closely follow.
2. Vine: The revival of the old platform, a $360 million market cap fueled by nostalgia
Launch time: 2 days
Market cap: $360 million
Have you ever scrolled through Vine's short videos? This social platform, which was once known for its 6-second videos, completely changed people's perception of short videos. Vine is the "patriarch" of TikTok, and before it closed, it gave rise to countless cultural phenomena and internet celebrities. Now, the Vine token has also made a strong comeback, quickly attracting a large number of fans and investors with its nostalgic sentiment and retro elements.
The revival of Vine is not just the rebirth of a platform, but also a trial of the integration of social networks and cryptocurrencies. From Logan Paul to King Bach, many popular creators on Vine have now become mainstream entertainment figures. The explosion of the Vine token is accompanied by strong cultural symbols and fan effects.
With Binance announcing the listing of Vine contracts, the token's market cap once dropped to $100 million, but this morning at 9 o'clock, the Vine token soared from $0.11 to $0.44, and the 24-hour trading volume on the Binance contract reached $1.3 billion. It's like injecting a dose of nostalgic excitement into the crypto world, where even old platforms can be reborn.
3. ARGO: The perfect collision of AI and crypto, a $40 million market cap glimpse of the future
Launch time: 3 hours
Market cap: $40 million
Next, let's talk about the ARGO token, a self-proclaimed AI agent framework that aims to change the crypto world. ARGO claims to be a "truly interoperable, modular AI agent framework" that not only serves simple blockchain applications, but also tries to build a general-purpose intelligent agent platform, providing seamless AI integration solutions for developers and enterprises.
The ARGO token was launched 3 hours ago and its market cap has already exceeded $40 million, driven not only by technological innovation, but also by the market's enthusiastic pursuit. Currently, AI technology is developing rapidly, and the scenarios combining it with blockchain are also becoming more and more widespread. Whether ARGO can become the key hub for the integration of blockchain and AI is worth continued observation by the market.
4. NUIT: The cross-border integration of Web3 and AI, a $38 million market cap glimpse of the future internet
Launch time: 1 day
Market cap: $38 million
If ARGO is the collision of AI and blockchain, then NUIT is the integration of Web3 and AI. NUIT, launched by the Nottecore team, aims to build an intelligent network that can convert all web pages into structured text, allowing AI agents to better understand and navigate internet content.
As an open-source project, NUIT gives users a lot of freedom, allowing anyone to integrate their large language models (LLMs) with the platform and customize their own AI agents. The market has responded enthusiastically, and NUIT's market cap has quickly exceeded $38 million. It may represent a direction for the future AI-driven internet.
5. SAFEMOON: A $20 million hot spot with a burning and liquidity strategy
Launch time: 1 day
Market cap: $20 million
Launched by HLWGroup CEO Hankusun, SAFEMOON quickly ignited the market through a combination of burning 10% of the token supply, adding an additional 39% of tokens to the liquidity pool, and distributing 1% to the community and KOLs. This "token burning" and liquidity injection strategy successfully sparked the enthusiasm of investors, with the market cap reaching $15 million in a short period of time.
This operation not only attracted speculative capital, but also made SAFEMOON one of the most closely watched meme coins in the crypto market. However, how long can such speculative operations last, and the market's direction is still unknown.
6. CLOUDY: The wonderful combination of music and crypto, a $15 million market cap
Launch time: 6 hours
Market cap: $15 million
The CLOUDY token was initiated by the well-known singer @cl0udyh3art, aiming to help artistic creators, especially music creators, complete their creations. The launch of this token not only combines art and crypto, but also symbolizes the crypto market's support for content creators.
Although CLOUDY's current market cap is only $15 million, its cultural attributes and innovative thinking have garnered enthusiastic responses from the younger generation.
7. KIT: The AI business framework on Solana, a $17 million market cap pioneer of future business
Launch time: 13 hours
Market cap: $17 million
If you're interested in crypto business, you definitely need to know the KIT token. Created by Agent Kitsune, the KIT token aims to build a business framework on Solana, helping users better interact with brands and drive the future of on-chain shopping and payments.
KIT token has strong technical support and business network, and has achieved direct integration with Shopify, further proving its potential as an AI business framework. The market capitalization of KIT token has exceeded $17 million, and the future development potential it carries is just beginning.
8. MURAD Coin: A Tribute Token to a Legendary Figure in the Crypto World, with a Market Cap of $15 Million
Launch Time: 17 hours
Market Cap: $15 million
Finally, we must mention MURAD Coin. This is a tribute token designed specifically for the well-known crypto figure Murad, with 12% of the supply directly given to him as recognition of his contributions to the industry. Although its market cap is relatively small, the emergence of MURAD token has undoubtedly opened up a new direction for commemorative tokens in the crypto world, and after breaking through $13 million in market cap, it has also become a focus of the market.
The craze for these meme coins has not only allowed us to witness the infinite possibilities of the crypto market, but also exposed the speculative nature and uncertainty of the market. From the founder's doubts about ALON to the revival of Vine, and the technological innovations of projects like ARGO and NUIT, they represent not only the heat and market value, but also an exploration of the future crypto market.
However, we also need to be alert that the rapid rise and fall of these meme coins hide huge risks, and investors must view them rationally. Who will be able to stand firm after the bubble bursts, and who will it be? This is a question that every investor needs to think about.
