MEMEs That Have Reached Historical Highs Under the Super Cycle

2024-10-24, 07:05

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![](https://gimg2.gateimg.com/image/article/17297530491692587449analysis.jpeg)
## [TL；DR]: 
The Meme market is constantly innovating, and recently the style has shifted from internet celebrity animals to a new narrative of AI automatic coin issuance.

POPCAT is currently the most valuable cat Meme coin, inspired by the popular mischievous cat emoji on the internet. On October 7, POPCAT reached a historic high of $1.47.

The creative inspiration for SPX6900 (SPX) comes from a parody of the iconic S&P 500 index. Recently, with the support of the well-known Meme influencer Murad's call for orders, the coin price has skyrocketed and reached a historic high.

## Introduction
Last month, with the steady recovery of BTC, the Meme coin market also saw a new narrative of internet-famous animals and AI automatic coin issuance. Many popular Meme coin prices have also set historical highs, which is seen as a strong performance of the coin price leading the market in previous bull markets.

This article will take stock of these strong Memes that have been on the market for more than six months, and provide clues to the current fluctuations in Meme coin prices.
 
## Popcat（POPCAT）
POPCAT is currently the most valuable cat Meme coin. It is inspired by the popular mischievous cat emoji on the internet. This expression shows two images of a domestic short-haired cat named Oatmeal, one with its mouth closed and the other with its mouth open in an "O" shape.
 ![](https://gimg2.gateimg.com/image/article/17297555971.jpeg)
Source: public information
 
This token was launched in December 2022, taking advantage of the viral success of the online game of the same name, which became popular during the COVID-19 pandemic. Players earn points by clicking on cats on the screen. By Christmas that year, its market cap had reached $50 million.

Despite disputes between the early development team and the community that led to price drops, the resilience of the POPCAT community helped the project maintain a certain foundation during economic downturns. After entering 2024, POPCAT regained interest within the <a href="/pt/price/solana-sol" target="_blank" class="blog_inner_link">Solana</a> ecosystem and reached a historic high of $1.47 on October 7, 2024, demonstrating strong market performance.
![](https://gimg2.gateimg.com/image/article/17297556342.jpeg)
Source: Gate.io 
 
## Turbo（TURBO）
The origin of the TURBO coin can be traced back to April 2023, when digital art experimenter Rhett Mankind initiated it. At the time, he leveraged the power of the popular AI chatbot ChatGPT-4, and after a public vote on Twitter, the AI-generated Meme coin was named TurboToad.
 ![](https://gimg2.gateimg.com/image/article/17297556563.jpeg)
Source: @TurboToadToken
 
In other words, this futuristic-style toad mascot was almost entirely created by artificial intelligence, including the naming of tokens, brand design, smart contracts, and the development of token economics.

Rhett Mankind's experimental program showcases the potential of AI-driven projects in the crypto world. As of October 14 this year, due to the resurgence of AI decentralized coin issuance represented by GOAT, TURBO has once again surged to a historic high.
![](https://gimg2.gateimg.com/image/article/17297556884.jpeg)
Source: Gate.io 
 
## SPX6900（SPX）
The creative inspiration for SPX6900 (SPX) comes from a parody of the iconic S&P 500 index. It uses the humorous concept of "6900 is bigger than 500" to construct its narrative, implying that SPX6900 is more valuable or meaningful than the S&P 500 index. The parody is also a satire on the traditional financial system.
 ![](https://gimg2.gateimg.com/image/article/17297557245.jpeg)
Source: Gate.io 
 
Under the call for orders from renowned Meme influencer Murad Mahmudov, SPX has recently experienced a significant surge. Its price reached a historic high, and its current market cap is $744 million.
 
## Gigachad（GIGA）
Gigachad (GIGA) aims to commemorate Russian bodybuilder Ernest Khalimov (also known as a fictional figure, and Gigachad's series of photos are also synthetic), who is known as "Gigachad" due to his photos on social media, symbolizing the perfect male image.
 ![](https://gimg2.gateimg.com/image/article/17297557506.jpeg)
Source: Gate.io 
 
Gigachad has leveraged the power of Meme culture and the so-called "Chad" energy to become a community-operated project, attracting the attention of many investors. Since entering 2024, the coin price has continuously hit new highs, and its current market cap has reached $620 million.
 
## HarryPotterObamaSonic10Inu（HPOS10I）
Harry Potter Obam a Sonic 10 Inu (HPOs10I) is a Meme coin combining various popular culture elements, including Harry Potter, former US President Obama, Sonic the Hedgehog, and <a href="/pt/price/shiba-inu-shib" target="_blank" class="blog_inner_link">Shiba Inu</a>.
 ![](https://gimg2.gateimg.com/image/article/17297558737.jpeg)
Source: Gate.io 
 
The Meme coin has attracted attention for its unique name and integration with popular culture. As of October this year, its market cap has exceeded $350 million, setting a new historical high.
 
## Apu Apustaja（APU）
Apu Apustaja (APU), also known as Peepo or Helper, combines elements of popular culture character Apu Nahasaapeemapitilon (from the Kwik-E-Mart store owner of the animated series “The Simpsons”) and internet meme frog Pepe.
 ![](https://gimg2.gateimg.com/image/article/17297558978.jpeg)
Source: Gate.io 
 
The price performance of the APU coin shows typical characteristics of a Meme coin. After experiencing a continuous decline in the third quarter, with the support of MOONSHOT, a simple trading platform for Meme coins, APU has continued to rise and broke through the market cap of $315 million on October 21, setting a new historical high.
 
## To Sum Up
The success of these Meme coins mentioned above is not accidental. They often have unique origins and strong community effects behind them. More importantly, they rely on a solid technological foundation and rich cultural connotations. These elements together constitute the unique charm of the Meme coin, attracting a large number of investors' attention and pursuit.

However, as we often mention in our Blog, although the Meme coin market is showing a strong upward trend overall, there are also huge risks and uncertainties hidden within it, especially for those Meme coins that have been launched for a short time and experienced severe market manipulation. Investors also need to fully understand the background and market situation of the Meme coin investment, and carefully evaluate the risks.

<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.
<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>

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