Author: Arain, ChainCatcher

In 2024, the Memecoin track suddenly emerged, growing into a super cycle with mixed praise and praise. , which surprised many Old Money.

In the Memecoin trading battlefield, there are genius fraudsters who use cunning means to set up "wealth traps", and there are those who rely on precise judgment and operation to game the market. There are big players, traders who use their influence to bring traffic to tokens, and order kings who influence the market trend by placing orders... These figures of the year took the stage and jointly created a carnival feast for Memecoin.

If there were no Meme launching platform Pump.fun, then this Meme feast carnival would be possible Less than half. So in this sense, Alone is a key figure in starting the Memecoin craze in 2024.

Alon created and launched the Pump.fun platform in January 2024 to provide users on the Solana blockchain with a place to create and trade cryptocurrencies, allowing Users can create Solana tokens for free in one minute.

As of December 26, 2024, the platform has created more than 5 million Memecoins, including many larger Memecoins, such as Billy, Michi, and Shark Cat et al. The platform also laid the foundation for the mass production of celebrity Memecoins, such as Lggy Azalea’s MOTHER token, Andrew Tate-endorsed DADDY, and Jason Derulo’s JASON.

Although mass manufacturing of Memecoin will oversaturate the market, it is undeniable that Pump.fu provides a platform and opportunity for the development and innovation of Memecoin, which has a great impact on the entire The development of Memecoin ecology has had a profound impact.

One ​​of the top Memecoin KOLs in 2024, and is known as the "Meme Theologian".

Murad mainly has two deeds, one is the success of investing in $SPX, and the other is becoming famous for proposing the Memecoin Supercycle theory.

The content of Memecoin Supercycle theory Murad believes that Memecoin is acquiring attributes and speculative premiums from value coins and will enter a "Meme super cycle", that is, Memecoin will not only Going beyond traditional cryptocurrencies and changing investor behavior and market trends, Memecoin will evolve from a mere internet joke to a legitimate investment asset with a passionate following.

When Murad first held $SPX, the market value of the currency was only US$10 million. Now it has surged to more than US$700 million, with floating profits as high as US$8.3 million. . While holding the currency, he actively spreads investment ideas on Twitter. His position holding and order placing behavior had a certain impact on the price trends of these currencies, and also attracted the attention and following of many investors. In addition to $SPX, Murad also holds giga, pepe, sigma, apu, popcat and other currencies, and prefers the "property" Memecoin with medium and high market capitalization.

According to Murad's own summary, he mainly adopts the "Price and Belief Index" investment strategy, which believes that investors should look for projects with high beliefs but low prices. , that is, Memecoin, which is undervalued but meets most of the screening criteria. These projects usually have only one or two indicators that fail to meet the standards, are easy to improve, and have extremely enthusiastic community support.

After appearing and delivering a speech at Token2049, Murad’s status in the Memecoin circle has reached a new level. Due to his systematic Memecoin investment and strategy, Murad has become even more famous. Many investors began to study Memecoin - even some VCs.

Another KOL among the top Memecoin KOLs in 2024 can be as famous as Murad.

But compared to Murad, Ansem has a heavier trading label and believes that technologyAnalysis is more important than fundamental analysis. Ansem has attracted market attention mainly for its investments in BONK and WIF. On October 30, 2023, Ansem released X "bonk great coin" on social media, recommending BONK for the first time. At that time, the price of BONK was only $0.0000005618. Subsequently, BONK skyrocketed. By March 2024, the price of BONK once exceeded $0.000045, an increase of more than 80 times.

As for WIF, it can be said that Ansem has gradually reached a market value of 3 billion. On December 12, 2023, Ansem stated on social media that only WIF has the potential of SHIB, and posted X "WIF = SHIB" on December 16. Within 4 months, the price of WIF skyrocketed from $0.09 to a record high of $4.85, an increase of more than 520 times.

Due to frequent recommendations of some small-market Memecoins, which resulted in losses for followers, Ansem is currently saddled with some lawsuits. Some other KOLs accused Ansem of blatantly "cutting leeks" and faced Accused, Ansem said he was only selecting the best deals in the market and could not ensure every deal was successful, but it helped more people than it hurt. Some analysts backtest investment returns through Ansem's previous recommendations. Most currencies will have negative returns if bought after Ansem's recommendations.

Due to being "chasted" by many celebrities, when the matter was exposed, this Scammers from India once caused a sensation in the market and caused a large number of investor losses.

Sahil Arora is a serial entrepreneur. He started multiple encryption projects from 2020 to 2023. Although they ended in failure, they made a lot of profits.

In 2024, Sahil Arora found business opportunities on Memecoin, using his influence and certification mark on Instagram to contact many celebrities and cooperate with them to issue tokens. currency. Help these celebrities issue Memecoin, usually holding 25%-40% of the token supply, and quickly sell the tokens after the celebrities’ tweets are released, thereby converting the investment of celebrity fansConsider it his "exit liquidity".

Example:

Spending $200,000 to get Jason Derulo to tweet Promotion of tokens;

Signed a contract with Caitlyn Jenner to issue the token JENNER, and agreed to pay an advance payment of US$50,000 and 80% However, the cooperation turned into a farce. Jenner accused him of breach of contract and publicly swore that he had cheated her and owed her "a lot of money";

Issuing tokens for celebrities such as Rich the Kid and Lil Pump, these celebrities have also complained about similar experiences;

Bubbleworks, a data company, believes through data analysis that Sahil Arora earned approx. this year by issuing Memecoin for celebrity agents $30 million.

The well-known Australian rapper Lggy Azalea should be regarded as the celebrity Memecoin trend leader in 2024 . In fact, Sahil Arora also tried to trick Lggy Azalea and wanted to help her release Memecin $LGG, but was not very successful.

LggyAzalea decided to issue Memecoin himself. The reason was that she found someone pretending to be her on Telegram to issue coins, so she simply launched the token MOTHER on Pump.fun on May 28, 2024, and focused her X account with 7.6 million fans on promoting MOTHER coins, and deleted Collected all posts before May 29, published 2245 posts about MOTHER, and also placed MOTHER’s Telegram on Instagram channel link and paused her OnlyFans, directing fans to the Telegram channel. Within a week of its release, the price of the MOTHER coin soared by 1,200%.

Subsequently, LggyAzalea appeared in the Spaces of multiple communities, interacting with community members throughReplies to voice messages and has also appeared on the ThreadGuy Podcast to share his insights on cryptocurrencies and Web3.

As Memecoin becomes more and more popular, Ethereum founder Vitalik Buterin expressed dissatisfaction with the celebrity Memecoin craze, believing that these coins are only to make celebrities and early users rich. No practical use. LggyAzalea immediately took on V God and posted a spoof picture of himself holding V God’s baby, saying “he is angry and hungry.” The price of the random $MOTHER token once rose by 150%, and also led to a wave of “family tokens” , tokens such as $DADDY and $SON have risen accordingly.

LggyAzalea not only knows how to criticize V God, but after criticizing V God, she opened an online store. Only T-shirts and other products can be purchased with MOTHER, and she also announced that she can use MOTHER. Purchase a mobile phone with MOTHER or SOL, purchase a mobile phone tariff package on a monthly basis, etc. to avoid the value of $MOTHER being emptied.

Caitlyn Jenner is an American flag television personality and former track and field athlete, with Lggy The same as Azalea, Caitlyn Jenner’s own media influence and public image attracted more people to pay attention to memecoin, but the difference is that the Memecoin issued by Caitlyn Jenner was not successful, and she was eventually sued by investors.

In May 2024, Caitlyn Jenner issued a token called $Jenner on Pump.fun and posted a picture of shaking hands with Trump through her Twitter account The photo was accompanied by a link to $Jenner tokens, and several famous crypto KOLs were also circled, calling them “crypto kings.” Subsequently, a Story about $Jenner tokens was posted, and its agent Sophia also retweeted it.

Since Caitlyn Jenner has not been involved in the crypto field before, her fans suspect that her account has been stolen. However, Caitlyn Jenner stated that her account was not stolen and released a video of herself showing her face to refute the rumors, saying that $Jenner was indeed posted by her team.

While the currency price fluctuated sharply due to various doubts, Caitlyn Jenner's Twitter account held a Space, and her agent Sophia planned to personally refute the rumors in Space. However, Sophia said in Space that the team may also issue a new token, and the market began to sell off $Jenner. Although Caitlyn Jenner later declared that the team would only focus on $Jenner and would not launch other tokens, it did not help.

According to Lookonchain monitoring, Caitlyn Jenner earned 2,381 SOL (approximately US$405,000) by launching 12 MEMEcoins on Solana in the past 4 days in May 2024 ).

On November 13, 2024, Naeem Azad and Mihai Caluseru filed a class action lawsuit in California federal court as British and Romanian citizens respectively, accusing Caitlyn Jenner and Its manager, Sophia Hutchins, fraudulently solicited investors to purchase unregistered securities, causing them to suffer significant losses.

For 400,000 US dollars, she spent her fan value, which caused official controversy. I wonder if Caitlyn Jenner will feel that the gain is not worth the loss?

The new order-calling king of the year, once made 25 million US dollars because of his heavy position in PEPE, but also overturned because of his ugly appearance.

James Wynn quickly bought the PEPE coin within 1 day after it was launched, and placed a large number of orders on Twitter, only on April 16, 2023 , has released at least 24 pieces of promotional content about PEPE currency, helping PEPE currency to become more popular on social media and attracting the attention of more investors and Meme communities.

On May 1st, the price of PEPE coins increased 100 times compared to the cost of James Wynn. James Wyn was discovered that the PEPE coins he held were moving to the multi-digit range. Transfer to a new address, and gradually collect assets to the main wallet jwynn through the operation of multiple wallet addresses.eth, and finally transfer funds to the exchange address. According to media statistics, James Wynn earned approximately US$25 million from the surge in PEPE tokens, with a principal of only US$7,644.

Subsequently, James Wynn began to place orders for ELON tokens. On April 24, 2024, James Wynn tweeted "I think I have a 1000x for you guys, who wants it?" One hour before posting the tweet, he had just completed two accounts on The layout of the ELON token was subsequently announced, and the price of the ELON token increased nearly 100 times in a short period of time.

On April 27, the price of ELON suddenly dropped 70%. James Wynn later announced on Twitter that he had cleared his position, and said that there was a problem with the ELON token. In fact, he had used another uncommon address to clear his position as early as 3:00 on the 25th. His liquidation behavior caused the ELON token to be liquidated. The collapse of the currency. According to statistics, during this operation, James Wynn’s two accounts were both in the top ten profit list, with a profit of approximately US$350,000.

As James Wynn's liquidation behavior directly led to the collapse of ELON prices, James Wynn's image in the community collapsed, and he was directly accused of cutting leeks.

Such a character celebration still needs Brother Sun.

In August 2024, TRON launched the SunPump Beta version, which is known as the first Memecoin platform in the TRON ecosystem with the concept of fair issuance. SunPump can be understood as a benchmark against Pump.fun. Although TRON claims that SunPump is not Justin Sun’s project, in the public mind, Justin Sun will still be associated with SunPump.

After SunPump was launched, Justin Sun spared no effort to promote it, and published a document predicting that the tron ​​chain will soon give birth to Memecoin with a market value of more than 1 billion US dollars, saying that TRON and TRON A deep fusion of Meme culture.

In addition, Justin Sun is also making plans in other areas of Memecoin. For example, he invested US$10 million in Shib's forked token SHIB Ultra, making him the largest investor in the project.

In 2024, Sun Yuchen's most prominent incident on Memecoin was the "expensive banana" incident. He paid $6.24 million for Italian artist Maurizio Cattelan's conceptual artwork "Comedian" (a banana taped to the wall) and ate it during the live broadcast as a tribute to Meme culture. This triggered public discussion on Meme culture. Through this incident, he successfully combined art with Meme culture and expanded Meme's circle.

Elon Musk is already an important figure in the cryptocurrency circle, although he is not Deliberately promoting the historical process of Memecoin, but he must have made a mark in the development history of Memecoin. Elon Musk believes that meme is a modern art that can effectively convey information and emotions. He once said, "Whoever controls the meme controls the world." This sentence reflects his understanding of Meme culture.

Elon Musk’s most widely known Memecoin investment is Doge. In 2020, Musk began to frequently tweet about Dogecoin, such as "dogetothemoon" and other tweets, pushing Dogecoin from a relatively niche cryptocurrency to the attention of global investors. At the beginning of 2021, Tesla CEO’s tweet “doge” coupled with the rocket emoticon caused the price of Dogecoin to skyrocket, breaking the historical mark of $1. Additionally, Musk had planned for Tesla to accept Dogecoin as payment, but the plan was later suspended. In April 2023, Musk changed the icon of X to a Shiba Inu, and Dogecoin rose by 30% that day. In 2024, Musk sparked a bullish trend for Dogecoin when he paid tribute to Kabosu, the original dog behind the Dogecoin meme, in an X post.

In addition to Dogecoin, Musk also has no intention of bringing goods for some Memecoins (note that this is different from placing orders):

In December 2023, Musk announced that he would launch the first AI model GROK, with the same nameMemecoin was subsequently established and increased fivefold in two days (however, it was revealed that GROK was created by a scam artist, and the coin later plummeted);

January 9, 2024 On January 16, 2024, Musk changed his Twitter profile to (CTO) chief Troll Officer, and the price of TROLL soared;

January 16, 2024 On the same day, Musk released a Meme picture. Because the text on it contained Meme and smiley face elements, the price of SMILEY, a token previously deployed on Ethereum, rose accordingly, with a one-day increase of as much as 895%;

Musk's words and deeds have attracted much attention in the cryptocurrency circle, and the market often floods with a large number of Memecoin creations themed on or inspired by him, such as the "ClosedAI" token on Musk's criticism After OpenAI, it rose more than 2800% in three hours.

Recently, Musk changed his Twitter avatar to a Meme image similar to Pepe the frog, and directly changed his name to Kekius Maximus. PEPE rose in response, and multiple Memecoins of the Kekius Maximus concept also began to surge briefly.

Incoming President of the United States and former President, Donald John Trump It is often put together with Musk and brings some Memecoin trading opportunities. At least so far, Donald John Trump is on the receiving end.

In May 2024, at the Trump card NFT party held at Mar-a-Lago, a participant introduced to him “boden”, which has a market value of US$240 million. "meme coin," Trump said, "I don't like that investment." But then, the meme coin rose as much as 25% on Wednesday, reaching as high as $0.42.

On August 12, 2024, Trump-related $TRUMPMemecoin, a trader allegedly spent 0.052ETH (approximately $96 at the time) purchased 608,650 "TRUMP" tokens, and by June 2024 the market value of the currency soared to $788 million.