The 500-fold increase of the magic coin DRUGS on the weekend has set off a new wave of daos.fun listings? | Bee Network
Original | Odaily Planet Daily ( @OdailyChina )
Author: Azuma ( @azuma_eth )
DeSci project Big Pharmai ( DRUGS) continued daos.fun鈥檚 wealth-making myth over the weekend. GMGN market data shows that as of the time of writing, DRUGS is temporarily reported at $0.0401198, corresponding to a market value of approximately $44 million. Based on the limit of 420 SOL (approximately $92,000) in the fundraising stage (an additional 42 SOL was raised to build initial liquidity), DRUGS has increased by nearly 500 times since it was sold out of the internal market, becoming the most outstanding daos.fun token after ai16z. Big Pharmai Concept BriefThe meme narrative of Big Pharmai is about medicine and pharmaceuticals, and its vision is to subvert Big Pharma, that is, large pharmaceutical companies with significant influence and market share worldwide. The X account of the initiator of Big Pharmai is named Anthony Fauccai ( @anthonyfauccai), which is obviously also imitating Anthony Fauci, a well-known epidemiologist who became popular during the epidemic. The reason why this project has attracted widespread attention is largely due to the explicit support of the leading DeSci project Pump Science (RIF, URO), but Pump Science has also emphasized that DRUGS is not a Pump Science platform token. On December 14, Big Pharmai released its first tweet about the launch of the token on its official account, announcing that it would start fundraising on daos.fun, planning to raise 420 SOL (another 10% is required to start initial liquidity according to platform rules). Big Pharmais fundraising introduced a whitelist rule, and the team will selectively grant fundraising participation qualifications to users based on the content of community interaction. Below the relevant tweets, you can see that a large number of users who hope to squeeze into the fundraising stage have tried their best to attract the attention of the Big Pharmai team in order to obtain some fundraising participation quotas. In the end, a total of 7,082 people participated in Big Pharmais fundraising. The subsequent increase in DRUGS also proved that the efforts of these users were not in vain – once they squeezed into the fundraising stage, it meant hundreds of times the increase. daos.fun: A meme platform in the guise of Launchpad At the end of October, after ai16z became popular, we wrote an analysis article about daos.fun, Analysis of daos.fun: Can the popularity of ai16z recreate the myth of pump.fun? In that article, we mentioned that daos.fun positions itself as a meme fund launch platform based on Solana. The fund launched by raising funds on this platform will operate in the form of a DAO and issue corresponding DAO tokens (for example, ai16z is the DAO token of the fund).
However, based on the actual development in the past two months, the community does not actually view daos.fun as its own platform, but still sees it as a meme platform, or even completely sees it as another pump.fun. In short, the fundraising stage of daos.fun can be regarded as the internal market stage of pump.fun; the utility of the additional 10% amount raised by daos.fun is similar to the necessary liquidity accumulation during the initial issuance stage and the internal market growth stage of pump.fun; the public trading stage after the fundraising of daos.fun is equivalent to the free trading stage after pump.fun breaks out of the internal market. From the perspective of user participation opportunities, since only vetted initiators can initiate a fund on daos.fun, and the fundraising amount of popular projects is relatively large, daos.fun has fewer audit samples than pump.fun, and the time window left for users is generally longer (Big Pharmais fundraising also lasted nearly 10 months); however, popular projects on daos.fun often set whitelist restrictions on fundraising, which means that users must compete in other dimensions such as community interaction in order to grab limited fundraising quotas. The ceiling has been opened, and the enthusiasm for new listings is expected to rise The difference in market positioning actually opens up the imagination space for daos.fun tokens – business always has an upper limit, but meme does not, and how high the coin price can go depends entirely on market enthusiasm. If ai16zs previous popularity can be regarded as an isolated case, DRUGSs performance this time has once again solidified daos.funs new positioning. The market value of ai16z has recently exceeded 1 billion US dollars, which has raised the ceiling of all daos.fun tokens; the emergence of DRUGS proves the continuity of daos.funs wealth-creating effect. Based on this background, we have reason to expect that in the coming period of time, daos.fun will attract more attention and participation from retail investors, which may drive some new opportunities for the platform. This article is sourced from the internet: The 500-fold increase of the magic coin DRUGS on the weekend has set off a new wave of daos.fun listings? Related: A must-read before the US election: Here are all the twists and turns you need to know Original|Odaily Planet Daily Author: jk November 5th is the presidential election day in the United States, and it will also be a day that will profoundly affect the world situation in the next four years. In this upcoming US election, voters choices will affect the direction of US policies, Chinas policy response, and the trend of cryptocurrencies and stock markets. This post will provide a detailed introduction to the election mechanism, timeline, winning rate, and public opinion on them. Through these analyses, whether you are a passionate spectator of the election or an investor interested in the cryptocurrency market, you will have a deeper understanding of the current political situation and its potential impact on the future economy. Background: Why did Trump win the US presidency despite having fewer votes… Анализ #Рынок #Токен #© Copyright NoticeМассив Pre 24H Hot Coins and News | PENGU tokens may be launched in the next 48 hours; Peanut owner is suspected of filing an infri Next Behind Russia’s Bitcoin boom: Crypto mining in “shadow regions” Related articles BitMEX Alpha: Weekly Trader Report (October 11th – October 18th) 6086cf14eb90bc67ca4fc62b 36 661 Bitcoin Data Analysis: Correction or New Bear Market? 6086cf14eb90bc67ca4fc62b 15 734 1 Taking stock of the U.S. SEC’s personnel adjustments within half a year, is the “new” SEC really more crypto-friendly? 6086cf14eb90bc67ca4fc62b 31 327 4 Aster Launches Rocket Launch: A New Trading Platform for Participating in and Profiting from Early-Stage Projects 6086cf14eb90bc67ca4fc62b 15 473 ONDO leverages Binance Wallet to streamline the entire tokenized stock trading process in three steps. 6086cf14eb90bc67ca4fc62b 17 602 24-Hour Hot Coins and News | August Core PCE Data Supports Gradual Easing, Fed Rate Cut Pace to Remain; 6086cf14eb90bc67ca4fc62b 19 760 1 комментарий Вы должны войти в систему, чтобы оставить комментарий! 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