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PEPE and AIDOGE lead a new wave of Meme coins, with opportunities and risks behind the big pump.
Recent Review of the Meme Coin Market: The Rise of PEPE and AIDOGE
In the past couple of days, the cryptocurrency market has once again welcomed a wave of Meme coin frenzy. Social media is filled with various stories of sudden wealth, with some making a fortune due to timely purchases, while others are regretting missed opportunities. At the center of this frenzy are two emerging Meme coin projects: PEPE and AIDOGE.
AIDOGE: Ingenious Token Distribution Mechanism
AIDOGE is an experimental project based on the Arbitrum ecosystem. It adopts a unique token distribution method, where early recipients can receive more tokens. This mechanism effectively reduces market selling pressure while incentivizing early participants.
AIDOGE has also designed a transaction burn tax mechanism, where each transaction incurs a 15% tax used for ecological development, token burning, liquidity rewards, and other aspects. Among these, 3% is allocated for "lucky drops," which increases the market's competitiveness.
According to the data, there are currently over 100,000 addresses holding AIDOGE on the chain, with the top 100 addresses holding 81% of the total token supply. The trading volume in the last 24 hours reached 180 million USD, with a fully diluted market cap of approximately 57 million USD.
PEPE: Pure Meme Coin
The rise of PEPE can be traced back to a jaw-dropping story of sudden wealth. An investor purchased PEPE for just $251, and just a few days later, its value skyrocketed to $1.85 million, achieving a return on investment of 7370 times.
The concept of PEPE is "Make Meme coins great again". It adopts mechanisms such as no presale, zero burn tax, and LP token destruction, and was secretly launched at the time of listing. The total supply of PEPE is 420.69 trillion, of which 93.1% was sent to the liquidity pool.
Currently, the number of holding addresses for PEPE has exceeded 20,000, with the top 100 addresses holding 44% of the total token supply. The trading volume in the last 24 hours reached $137 million, with a fully diluted market cap of approximately $120 million.
How to seize opportunities in Meme coins
Pay attention to projects with free and fair distribution. Successful Meme coin projects typically adopt a free and fair method to distribute tokens to a wide audience. This approach can attract more users and expand influence through word of mouth.
Pay attention to the total supply of tokens and price characteristics. Successful Meme coins often have a very high total supply and a very low unit price. This characteristic can satisfy the psychological needs of investors, allowing users with small amounts of capital to participate.
Look for projects with innovative or easily shareable topics The ability to touch people's hearts and resonate with them is a key factor in the success of Meme coins. Innovative or easily spread topics can help projects quickly gain attention.
Risk Warning
Although the Meme coin market is full of opportunities, investors also need to remain vigilant. Here are a few points to keep in mind when participating:
The meme coin market is ever-changing, with opportunities and risks coexisting. Investors need to remain rational and manage risks effectively in order to gain profits in this passionate market.