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A review of recent popular narratives on the ETH mainnet: Neiro universe, Trump buying hamburgers, Vitalik’s dog

Analysis3wks agoUpdate 6086cf...
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Original author: TechFlow

The Federal Reserve finally agreed to raise interest rates, and the market rose in response. The retail investors who had been looking forward to the copycat season were also reflecting their beautiful vision of the copycat prices.

In addition, the on-chain world, which has never been concerned about the market, has been bustling for a long time. Take the recent hot market of the Ethereum mainnet as an example: the ups and downs of the dispute over the uppercase and lowercase Neiro have not yet ended. Two weeks after the uppercase $NEIRO was launched, the lowercase $Neiro representing the power of the community was directly launched on Binance, and immediately pulled out nearly 30 times in two days. The community was full of laughter, and the craze of lowercase $Neiro also completely ignited the on-chain heat.

After the success of lowercase $Neiro, the concept coins of the Neiro-related Dog Universe also rose in price, with a basic increase of about ten times. However, the speed of hot spot changes is always beyond your imagination. Before the Dog Universe is warm, Trumps use of Bitcoin to buy hamburgers has benefited another group of people. The Ethereum blockchain token of the same name, $BURGER, has a market value of 5 million US dollars in less than half a day after its issuance. Related concept tokens have also risen one by one.

Before I even took a bite of the burger, V God’s dog MISHA concept coin started to become popular again in the afternoon… In short, on such a crazy Thursday, let’s take stock of the popular narrative tokens on the ETH mainnet in recent days.

PS: There are many tokens with the same concept and name. This article only selects the best ones based on trading volume, pool size, and discussion popularity. It is not a financial advice.

Trump buys burger concept

Crypto Burger ($BURGER)

After Trump used Bitcoin to buy a hamburger, he jokingly called it Crypto Burger. The token of the same name experienced a short-term rise – it returned to zero and then quickly rose again. It took only one morning to go from a market value of US$5,000 to a maximum of US$5 million. As of now, the price of $BURGER has risen and then fallen, and the transaction volume has exceeded US$14.7 million.

A review of recent popular narratives on the ETH mainnet: Neiro universe, Trump buying hamburgers, Vitalik’s dog

First Presidential Transaction ($861871)

After purchasing the burger, Trump called it a historic moment. The official X account of PubKey Bar released the news and mentioned that the burger transaction took place at block height 861871.

So this concept coin came into being. It was close to $500,000 during the most fanatical stage of sentiment, but has now fallen back a lot.

A review of recent popular narratives on the ETH mainnet: Neiro universe, Trump buying hamburgers, Vitalik’s dog

Vitaliks dog Misha concept

The concept of cats and dogs has always been the strongest token in the Meme market. Trump buying a hamburger has been popular for a long time, and Misha, the puppy at the end of Vitalik Buterin’s documentary, has come to take over the urgent funds that have nowhere to go.

Vitaliks Dog ($MISHA)

The most popular Misha concept at present is $MISHA, which was newly issued at around 1 pm. It has had a trading volume of 8.7 million US dollars in about four hours and its current market value is around 5 million US dollars.

A review of recent popular narratives on the ETH mainnet: Neiro universe, Trump buying hamburgers, Vitalik’s dog

Misha ($MISHA)

The two most popular $MISHA tokens have the same name. In terms of time, this $MISHA appeared a week ago. From the price trend, the market did pay for this old $MISHA at the beginning, but it may be because there are too many chips at the bottom, the price has been blocked, and the pull is not as strong as the new $MISHA. At present, the new $MISHA is rising, and the old $MISHA has relatively large resistance.

A review of recent popular narratives on the ETH mainnet: Neiro universe, Trump buying hamburgers, Vitalik’s dog

Neiro Dog Universe Concept

Since the lowercase $Neiro was listed on Binance, the dog family buckets that have been the topic of discussion recently have all risen one after another. In addition to the protagonists of the uppercase and lowercase disputes, there are also other small animals raised by Neiros owner.

Kitten companions: Ginnan, Tsuji, ONI

Ginnan Doges Brother ($GINNAN)

One of the three kittens raised by Neiros owner, Neiro is said to be Nerios good friend (hmm…). When the concept of Neiro first appeared, it was very popular. After the lowercase $Neiro was listed on Binance, it soared about 30 times. After riding on the hot spot in the past two days, the popularity has dropped. The current market value is about 2.4 million US dollars.

A review of recent popular narratives on the ETH mainnet: Neiro universe, Trump buying hamburgers, Vitalik’s dog

Tsutsuji | Doges Brother ($TSUJI)

It is also one of the three kittens raised by Neiro’s owner. Its trend and logic are the same as $GINNAN, and its current market value is 580,000 US dollars.

A review of recent popular narratives on the ETH mainnet: Neiro universe, Trump buying hamburgers, Vitalik’s dog

Onigiri ($ONI) Yes, this is one of the three kittens raised by Neiro’s owner. The trend and logic are the same as $GINNAN. The current market value is 2.3 million US dollars.

A review of recent popular narratives on the ETH mainnet: Neiro universe, Trump buying hamburgers, Vitalik’s dog

Puppy companions: Fuku, Ken

Fuku-Kun ($FUKU)

The new dog Fuku, which is said to be raised by the owner of DogeNeiro, brought a new wave of popularity to the ETH mainnet when the on-chain market was sluggish in August. The traces of human manipulation were quite obvious, and the token itself was once listed. But later, the concept of Fuku failed, and the token price was nothing. After Neiro was listed, FUKU also rose nearly tenfold, and now the price has fallen back, with a current market value of about 1.3 million US dollars.

A review of recent popular narratives on the ETH mainnet: Neiro universe, Trump buying hamburgers, Vitalik’s dog

Ken ($KEN)

It is said that Doge’s elder brother (this whole family…) also became popular along with the Neiro universe, but after the popularity passed, it inevitably began to free fall. The current market value is about 500,000 US dollars.

A review of recent popular narratives on the ETH mainnet: Neiro universe, Trump buying hamburgers, Vitalik’s dog

Conclusion

Judging from the crazy on-chain market, no matter what the market is like, there are always people who make money. But the most important thing is to do a good job of risk control and protect the principal. Playing a little is fun, but all-in is harmful. Remember, dont Fomo.

This article is sourced from the internet: A review of recent popular narratives on the ETH mainnet: Neiro universe, Trump buying hamburgers, Vitalik’s dog

Related: Wall Street Journal: Behind Tethers $1.5 billion investment, the middlemen made a fortune

Original article by Ben Foldy and Caitlin Ostroff, The Wall Street Journal Original translation: Luffy, Forest News Tether, the issuer behind the world’s most popular cryptocurrency USDT, is on a buying spree. It has acquired majority stakes in Northern Data, an artificial intelligence company, and Blackrock Neurotech, a brain-computer chip company. Notably, both deals were brokered by the same German investor, who has had mixed results with deals. The stablecoin USDT currently has a circulating market value of over $115 billion. Thanks to the considerable interest rates, Tether can earn about $4 billion in revenue each year from the U.S. Treasury bonds that support USDT. Tether hired tech investor and entrepreneur Christian Angermayer to help invest the vast sum. The versatile financier has also made his fortune through some unconventional…

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