With Concepts Constantly Emerging, What Are the Trending Narratives on the Meme Track Recently?

2024-11-06, 00:47

[//]:content-type-MARKDOWN-DONOT-DELETE
![](https://gimg2.gateimg.com/image/article/17308525461690791857hotspot.jpeg)
## [TL；DR]: 
With the overall recovery of the <a  rel="nofollow noopener noreferrer"  href="/price" target="_blank" class="blog_inner_link">crypto market</a>, internet celebrity animals, AIMeme, art memes, and political memes are emerging one after another, and various new narratives are truly eye-catching.

Internet celebrity animals have always been a hot topic in the Meme market, and the recent rise of internet celebrity animal Meme coins such as NEIRO and MOODENG has injected new vitality into the market.

The mascot Meme coin LUCE not only demonstrates the church's acceptance of popular culture loved by young people but also has become one of the few "golden dogs" to break away from PvP in recent times, leading the trend of mascot concepts. Meme mascots such as BUIO and SHIBU have also been released one after another.

## Introduction
Since entering Q4, the Meme coin market has demonstrated its unique resilience and vitality in the face of volatile market conditions, maintaining its dominant position as an Altcoin in this bull market. On the one hand, with the overall recovery of the <a  rel="nofollow noopener noreferrer"  href="/price" target="_blank" class="blog_inner_link">crypto market</a>, internet famous animals, AIMeme, art memes, and political memes have emerged one after another, and various new narratives have truly attracted attention. On the other hand, after several <a  rel="nofollow noopener noreferrer"  href="/price/waves-waves" target="_blank" class="blog_inner_link">waves</a> of market adjustments, some well-established Meme coins such as DOGE, SHIBA, and PEPE have also shown signs of improvement. Some emerging high market value Meme coins, such as WIF and MOG, have reached new highs and started to significantly decline, gradually revealing the high-risk and high-volatility attributes of the market.

The article will provide a brief overview of the popular Meme sections in recent times for the benefit of readers.

## AI Meme: GOAT with driving into the distance
We have provided the latest interpretation of the AI Meme in our recent blog post, “Analyze AI+Meme Creating a New Super Cycle Narrative from GOAT”. AI Meme coin is a cryptocurrency based on AI technology, which typically involves humans training large language models and subsequently creating a virtual character as a spokesperson for the coin on social media. The design of this character reflects the knowledge, perspectives, and viewpoints of the creator.

Although launching an emoji Meme coin itself may be relatively simple, truly bringing this virtual character to life is the key to success. Creators can shape this character for specific target markets or audiences. For example, if I were to launch an AI Meme coin, I might design its character as a virtual character that can discuss both cryptocurrency and spiritual topics.

With its AI technology behind it, Goatseus Maximus (GOAT), supported by the AI robot Truth Terminal, quickly became popular in the AIMeme sector driven by various KOLs.

Truth Terminal is a semi-autonomous AI bot that has attracted widespread market attention since its launch in June this year due to its unique operating mode and profound insights. By October, it had gained fame due to the tipping from a16z founder Marc Andreessen.
![](https://gimg2.gateimg.com/image/article/17308535601.jpeg)
Source: @truth_terminal

The name GOAT combines the creative vocabulary of "goat" with Greek mythological elements while also symbolizing "Greatest of All Time."

However, GOAT's path to success has not been smooth sailing. In the early stages of its launch, despite intense market hype, a small spelling mistake triggered panic selling. However, this controversy was eventually resolved as people gained a deeper understanding of the spelling error probability inherent in AI models.

With the sudden rise of GOAT, a series of AI coins have rapidly emerged in the market. These projects are leveraging the power of AI technology to try to grab a share of the Meme coin market, but most of them have shown a typical trend of PvP (Pump and Dump) in the past.
![](https://gimg2.gateimg.com/image/article/17308536482.jpeg)
Source: Gate.io

Nevertheless, the narrative of AI+Meme remains highly sought after by the market. Due to its integration of AI technology, this sector is more easily accepted by retail investors and elites, becoming the only new narrative with sustained popularity in the Meme track in recent times.

## Internet celebrity animals: NEIRO/MOODENG
Internet celebrity animals have always been a hot topic in the Meme market, and the recent rise of internet celebrity animal Meme coins such as NEIRO and MOODENG has injected new vitality into the market.

The rise of NEIRO originated from the death of Kabosu, the prototype of <a  rel="nofollow noopener noreferrer"  href="/price/dogecoin-doge" target="_blank" class="blog_inner_link">Dogecoin</a>. This incident has sparked mourning in the crypto community and also spawned a new Meme coin with the same name. Kabosu's owner announced the adoption of a <a  rel="nofollow noopener noreferrer"  href="/price/shiba-inu-shib" target="_blank" class="blog_inner_link">Shiba Inu</a> and named it "NEIRO." Subsequently, multiple Meme projects with the same name emerged, covering public chains such as <a  rel="nofollow noopener noreferrer"  href="/price/solana-sol" target="_blank" class="blog_inner_link">Solana</a> and <a  rel="nofollow noopener noreferrer"  href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a>.
![](https://gimg2.gateimg.com/image/article/17308537653.jpeg)
Source: @NeiroOnEthereum

However, the real breakthrough point of the NEIRO project was the simultaneous launch of Neiro spot and NEIRO contracts on large exchanges, which sparked widespread market attention. Due to differences in capitalization and market misunderstandings, the price fluctuations between NEIRO and Neiro were intense. However, in the end, Neiro achieved a surge in market value with stronger community support and market recognition.

The rise of MOODENG is closely related to the hippopotamus image at Pattaya Zoo in Thailand, which became popular all over the internet in October. Based on this image, the Meme projects Moo Deng and MOODENG were born on <a  rel="nofollow noopener noreferrer"  href="/price/solana-sol" target="_blank" class="blog_inner_link">Solana</a> and <a  rel="nofollow noopener noreferrer"  href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a>, respectively. Like NEIRO, MOODENG has also experienced a case war, but more importantly, it has achieved a leap in market value through its narrative of association with Ethereum founder Vitalik.
![](https://gimg2.gateimg.com/image/article/17308537914.jpeg)
Source: Gate.io

Vitalik has sold the gifted MOODENG on the chain twice in a row and publicly expressed gratitude, which has attracted great attention from the market and driven the price of MOODENG to soar.

## Art Meme: Ban
Recently, the Meme art track has been bustling with activity due to Sotheby's re-auction of a large banana art piece with adhesive tape. The artwork Comedian was created by Italian artist Catalan and sold for $120,000 in 2019, sparking widespread discussion on social media.

Sotheby's announced the re-auction of one of the three versions of the artwork, with an estimated value ranging from $1 million to $1.5 million, once again sparking public interest.
![](https://gimg2.gateimg.com/image/article/17308538385.jpeg)
Source: Public information

A Meme coin Ban featuring the banana artwork quickly emerged in this context. The participation of Michael Bouhanna, Vice President of Sotheby's, has added a significant touch to this hype. He not only promotes this banana on social media but also personally owns it, and his wallet address shows that he holds a considerable proportion of Ban. This news quickly boosted Ban's market value, increasing nearly 70 times within an hour and reaching a market cap of $25 million at one point.

However, Ban's coin price has also experienced roller-coaster-like fluctuations. Michael Bouhanna deleted the tweet announcing his wallet address during the peak of the hype, causing a significant drop in the coin price. Later, he attended the Binance conference and announced that Sotheby's official account would replace its avatar with a banana element with adhesive tape, which stimulated the rebound of the coin price.

In addition to the leading brand Ban, multiple coins related to banana concepts have also emerged, such as Pan, ANANAB, EYE, and Sotheby's. These coins approached from different angles, attempting to ride on the traffic of banana hotspots, but most of them performed averagely.

## Mascot Meme: LUCE
The mascot Meme section has attracted a lot of attention due to the official mascot LUCE for the Holy Year 2025, announced by Catholic Television in late October. The name LUCE is inspired by the official mascot of the Holy Year 2025, Luce, which means "light" in Italian.

According to Archbishop Fisichella, the mascot's original design showcased the church's ability to adapt and integrate into popular culture that young people are passionate about. It is worth mentioning that LUCE was also honored to be selected as the mascot of the Vatican Pavilion at the 2025 Osaka World Expo in Japan, further showcasing its unique charm and influence.
![](https://gimg2.gateimg.com/image/article/17308538956.jpeg)
Source: news.sky.com

LUCE not only demonstrates the church's acceptance of popular culture loved by young people but has also become one of the few "golden dogs" that has recently freed itself from PVP (which may refer to some form of market manipulation or price fluctuations), leading the trend of mascot concepts. Mascot memes such as BUIO and SHIBU have also been released one after another.

## Political Meme: PNUT
The results of the US presidential election will be announced this week. In addition to the hype surrounding concepts such as Trump, Harris, and Biden, a new animal Meme coin called PNUT was also a hot topic at the beginning of this month due to its involvement in bipartisan politics.

Peanut (PNUT) originated from the encounter of an internet-famous squirrel named Peanut. This squirrel was arrested and killed by New York State Department of the Environment officials on charges of being a wild animal and possibly spreading the rabies virus. Its owner, Mark Longo, expressed dissatisfaction with this and hopes to file a lawsuit against the Environmental Protection Agency through online fundraising.

Peanut, as an internet celebrity pet, has multiple perspectives, such as being an animal, an internet celebrity, and being captured, so it is seen by many as a potential hype hotspot. With the retweet of accounts such as @<a  rel="nofollow noopener noreferrer"  href="/price/dogecoin-doge" target="_blank" class="blog_inner_link">dogecoin</a> founder, @dogecoin official twitter, and @cb_doge, as well as the involvement of celebrities such as @elonmusk, the incident quickly escalated and sparked controversy between the Democratic and Republican parties.
![](https://gimg2.gateimg.com/image/article/17308539517.jpeg)
Source: @elonmusk

On this basis, a series of "derivatives" related to Peanut, such as "orphanages" and "euthanasia," were created and sparked market speculation.

In fact, many participants believe that PNUT is less like an animal coin and more like a political coin, as the Republican Party used this to criticize the Democratic Party.

## To Sum Up
Recently, the Meme sector has shown a rapid trend of concept rotation, and the rapid changes in the market have made it extremely difficult to hit, hold, and sell the Golden Dog. Faced with an increasingly intelligent market, every step of the game and execution requires tremendous energy, and high profits often stem from gains rather than positions.

At the same time, current AI memes and other new narrative gameplay are diverse, but they have not completely shaken off their dependence on the conspiracy group. The market expects a completely fair trading mechanism: no rat trading, no market control, fair distribution of all chips, and Memes driven by market consensus.

GOAT, as the beginning of AI meme hype, has opened up a new direction with the strongest sustained popularity, but its practicality in reality is still unknown. We will continue to pay attention to more Meme updates, timely interpret new trends, and remind everyone to participate reasonably and reduce emotional impulses.

<div class="blog-details-info">
<div>Author:**Charle Y.**, Gate.io Researcher
<div>Translator:Joy Z.
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions. All investments carry inherent risks; prudent decision-making is essential.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>