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Shibarium is a new layer-2 solution designed to reduce the load of Shiba Inu transactions on its host chain, Ethereum. Click to find out more about Shiba Inu’s new project.

A Decentralized Meme Token that Evolved into a Vibrant Ecosystem

MEME coins, which come from internet culture and spread through short texts and images, create a sense of community and connection. With growing dislike for VC-backed coins, MEME coins are getting a lot of attention because they're distributed fairly and easy to access.

To build a successful MEME, one needs to consider factors such as tokenomics design, mascot, airdrop method, and the choice of blockchain for issuance.

This article introduces several classic memes and discusses projects and meme culture related to blockchain.

Being the source of wealth, as well as the source of chaos, memecoins may be the most dynamic and controversial of all cryptocurrencies.

Meme coins are cryptocurrencies inspired by online memes with no value proposition or utility though useful in performing transactions. Also, they are seen as risky investments and are notoriously volatile.

This article explores the economic principles of meme coins, analyzing the mechanism of meme propagation and its application in the cryptocurrency sector. Meme coins combine popular culture and internet trends, gaining attention through viral spread and community support. The article highlights the high volatility, emotion dependency, and market manipulation risks of meme coins, and discusses their integration with NFTs and DeFi. Although meme coins offer innovative ways to participate and potential high returns, investors are advised to carefully assess the risks.

This article provides an overview of ten significant public blockchain inscription projects worth noting.

Musk's support for Dogecoin has attracted attention. Meme coins are popular on Solana and Ethereum platforms but may be deemed securities. Despite being called 'community-driven,' those meme coins are still controlled by a small group of people. Decentralization may be achieved in the future. Advertising campaigns may lead to Meme coins being deemed securities; Coin Center questions its community-driven argument. Researchers track three key indicators of Meme coins and believe that when the number of holders reaches 3000, the project begins to attract attention. The Dogecoin Foundation is responsible for coordinating development efforts, but the largest holder still controls 22% of the circulation. A professor at Columbia Business School believes that conducting business solely based on projects claiming to be 'Dog Co.' and using Meme symbols does not avoid scrutiny from securities regulators. The SEC believes that mere purchasing behavior is not enough to constitute securities; this issue remains legally unr

The article discusses the launch of the Degen Chain and its impact on the Memecoin ecosystem. Degen was first launched on the Base chain as a memecoin and quickly attracted attention with its unique incentive mechanism and meme culture. Subsequently, through cooperation with Syndicate, Degen launched Layer 3-Degen Chain based on the Base chain, having greatly improved its market valuation and technical support. Degen Chain is built using Arbitrum Orbit. It uses Base chain as the settlement layer and AnyTrust to provide data support. The Degen case demonstrates the transformation of memecoin into an important force in the cryptocurrency ecosystem, but it will take time to verify whether it can break the dilemma of meme chain’s single ecosystem.

The popularity of DePIN is soaring, from the concept proposed by Messari in the first quarter of 2023 to the surge in prices of multiple DePIN projects in the fourth quarter of 2023. DePIN has become one of the most anticipated tracks in 2024 and this new bull market cycle. However, this does not eliminate the industry's doubts about new concepts, and Vitalik's skepticism is also a major background issue facing practitioners entering the track.

MEME coin rapidly spreads within the cryptocurrency community through humorous, satirical digital images, and concepts, attracting investors. Social media serves as its key dissemination channel, leveraging celebrity endorsements and influencer recommendations to gain widespread attention. The design and concept of MEME coin are closely tied, incorporating innovative or easily communicable topics to enhance visibility. It significantly impacts the public chain ecosystem, attracting a large number of new users to participate, but its high volatility also brings market instability. Investors should pay attention to diversification and long-term holding. In the future, MEMEcoin may integrate more technological innovations and decentralized financial applications, continuing to be community-driven.

This article discusses new standards in the semi-fungible token field, such as ERC-404, TinySPL, and Asteroids, and their role in promoting new models of digital economy and asset forms. The article evaluates the performance of these standards in enhancing asset interoperability, binding assets with identities, scalability, cost efficiency, and simplifying user experience. At the same time, it points out the challenges faced by ERC-404 tokens, including lack of formal review, security risks, and market acceptance issues.

Memes are an intrinsic part of human nature, reflecting our desire to connect and belong through shared ideas. This report aims to provide some context for the surge in meme coin activity on networks like Ethereum and Solana, highlighting key market trends driven by the meme coin sector.