6 days ago
Daily Memecoin Recap - September 12
Decent volume today as $sol starts to pick up
$420k + In LP Rewards
$dev -> hit $16 .7m
- Launch by ChartFuMonkey
- He's taking a more transparent angle to the launch
- Promises to disclose all supply allocations to KOLs
- Over $400k in rewards have been distributed to the top 50 holders pre bond
Usher Gets Hacked
$usher -> hit $1 .9m
$usher -> hit $416k
-
Usher got sim swapped, a bunch of fake usher coins came out on pumpfun
Solana's Pepe
$lumi -> hit $1 .59m
$lumio -> hit $1 .41m
- Posted by solana
, good narrative
Murad's Final Pick
$spx -> $7m to $19 .2m (2.74x), on eth
- MustStopMurad posts his final cult on his top 10 highest meme conviction list
- Murad has 2.8% of supply
- Price instantly pumped following his tweet
Moonshot Launches
$tmn -> hit $350k , Trumpmoon
$clique -> hit $337k , $25k in LP Rewards
Hyped Launches
$woofie -> $167k to $1 .64m (9.8x), dog meme
$dwolf -> hit $3 .49m, "Dark Wolf"
$towd -> hit $262k , toad meme
Fwog Art
$luci -> $8m , $99k in LP Rewards, launched on moonshotdotcc
$bwull -> hit $697k , $fwog + bull
$holi -> hit $240k
Slow Cooks
$abcde -> $840k to $4 .37m (5.2x), was going straight up for the past few weeks, seeing more of it on the timeline
$autism -> $389k to $1m (2.57x), launched on July 16, ATH $7 .3m
$gm -> $93k to $402k (4.3x), cat meme, launched 2 months ago, pushed today
More Plays
$moodeng -> $200k to $959k (4.8x), baby hippo
$fc -> hit $757k , Fishcopter, fish + helicopter, CTO, good volume
$stacy -> hit $600k , $giga stacy
$zaboo -> hit $483k , Zaboomafoo
$minmori -> hit $369k , dog meme, posted by gireumee
$cc -> hit $267k , "CubCat"
I'm personally a fan of this moonshot meta w/ LP rewards. Will be interesting to see how if they're able to update the top 50 holders post merge
Lock in๐
Decent volume today as $sol starts to pick up
$420k + In LP Rewards
$dev -> hit $16 .7m
- Launch by ChartFuMonkey
- He's taking a more transparent angle to the launch
- Promises to disclose all supply allocations to KOLs
- Over $400k in rewards have been distributed to the top 50 holders pre bond
Usher Gets Hacked
$usher -> hit $1 .9m
$usher -> hit $416k
-
Usher got sim swapped, a bunch of fake usher coins came out on pumpfun
Solana's Pepe
$lumi -> hit $1 .59m
$lumio -> hit $1 .41m
- Posted by solana
, good narrative
Murad's Final Pick
$spx -> $7m to $19 .2m (2.74x), on eth
- MustStopMurad posts his final cult on his top 10 highest meme conviction list
- Murad has 2.8% of supply
- Price instantly pumped following his tweet
Moonshot Launches
$tmn -> hit $350k , Trumpmoon
$clique -> hit $337k , $25k in LP Rewards
Hyped Launches
$woofie -> $167k to $1 .64m (9.8x), dog meme
$dwolf -> hit $3 .49m, "Dark Wolf"
$towd -> hit $262k , toad meme
Fwog Art
$luci -> $8m , $99k in LP Rewards, launched on moonshotdotcc
$bwull -> hit $697k , $fwog + bull
$holi -> hit $240k
Slow Cooks
$abcde -> $840k to $4 .37m (5.2x), was going straight up for the past few weeks, seeing more of it on the timeline
$autism -> $389k to $1m (2.57x), launched on July 16, ATH $7 .3m
$gm -> $93k to $402k (4.3x), cat meme, launched 2 months ago, pushed today
More Plays
$moodeng -> $200k to $959k (4.8x), baby hippo
$fc -> hit $757k , Fishcopter, fish + helicopter, CTO, good volume
$stacy -> hit $600k , $giga stacy
$zaboo -> hit $483k , Zaboomafoo
$minmori -> hit $369k , dog meme, posted by gireumee
$cc -> hit $267k , "CubCat"
I'm personally a fan of this moonshot meta w/ LP rewards. Will be interesting to see how if they're able to update the top 50 holders post merge
Lock in๐
22 days ago
BIG SUPPLY, BIG PROBLEMS AS SOLANAโS NFT MARKET REJECTS LARGE COLLECTIONS
Fresh minting mechanics are bringing greater security to Solana NFTs, but new mints and large collections struggle to garner attention and are trading below mint price.
Newย NFTย collections have learned a painful lesson this week. If it wasnโt obvious due to stagnant floor prices and diminishing trade volume, launching a fresh collection in these conditions is a difficult task.
Despite commentators claiming these hyped collections will usher in a โnew eraโ and whitelist spots selling at over $50 apiece on open markets, launches fromย Pathfindersย andย Hermansย have failed to meet expectations.
Will Solanaโs NFT market ever witness another successful 10,000 NFT collection? Or are small supplies the only way of conserving value?
ONLY 21% OF PATHFINDER'S RISK-FREE NFTs MINTED
Despite proposing a new, risk-free method of launching Solana NFTs, the Pathfinders collection faces difficulty minting out. At press time, only 2,125/10,000 NFTs have been minted, falling well short of expectations.
Pathfinderโs novel LST-backed NFT collection launched with noble intentions. Providing an alternative mechanic that aims to protect minters, the collection has launched Solanaโs first un-ruggable NFTs.
Unlike standard NFT mints, Pathfinders NFTs are minted using pathSOL, the projectโs native liquid staking token. Holders reserve the right to redeem their NFT for the underlying pathSOL used to mint the asset, essentially securing the NFTโs value at a minimum of 2pathSOL.
Regardless, Solanaโs NFT community has largely ignored the projectโs novel approach to minting. Supporters of the new mechanic took to social media to express their disappointment with the NFT communityโs apparent apathy.ย
Commentators noted that network participants have collectively poured thousands of SOL into extractive and malicious actors, but are unwilling to support builders providing meaningful alternatives.
โHypedโ New Mint Immediately Under Floor - Are Presales to Blame?
Boasting a sold-out presale that constituted 55% of the total supply, the Hermans NFT collection suffered a similar fate. Priced at 1.5 SOL per NFT, Hermans struggled to attract interest during the public mint, forcing the team to take drastic action.
Hermans trading on secondary marketplaces like Tensor and Magic Eden was locked until the mint was complete, meaning holders were unable to list their assets. The team took it upon themselves to buy all unminted assets. The Hermansโย treasuryย now holds over 1,600 NFTs, roughly 33% of the supply.
Almost immediately, the collection began trading beneath mint price as presales and regretful minters clamored to liquidate their holdings for SOL. Hermans currently exchange hands at 0.84 SOL, down 44% from the original mint price.
While poor NFT market conditions are a significant contributor to the recent slew of disappointing NFT launches, social media commentators have argued that NFT presales are also to blame.
Low Supply NFT Collections Retain Value
In recent years, NFT markets have witnessed countless large supply collections suffer devastating downtrends.ย
Top Solana collections likeย Mad Lads,ย Tensorians (pictured), andย Claynosaursย have all endured significant drawdowns, while dozens of less-resilient projects have effectively plummeted to zero.
Comparatively, low supply and 1/1 NFT collections have retained their value remarkably well. Limited supply art collections like Boogles, Dead King Society, and The SixNine are typically only available through OTC deals and have maintained comparatively stable floors, regardless of SOL price fluctuations.
Arguably, this suggests that the most valuable utility NFTs offer is access to exclusive communities. Alternatively, it could also indicate that low-supply collections with low market liquidity create an elite sense of perceived value, which has supported the valuations of these co
Fresh minting mechanics are bringing greater security to Solana NFTs, but new mints and large collections struggle to garner attention and are trading below mint price.
Newย NFTย collections have learned a painful lesson this week. If it wasnโt obvious due to stagnant floor prices and diminishing trade volume, launching a fresh collection in these conditions is a difficult task.
Despite commentators claiming these hyped collections will usher in a โnew eraโ and whitelist spots selling at over $50 apiece on open markets, launches fromย Pathfindersย andย Hermansย have failed to meet expectations.
Will Solanaโs NFT market ever witness another successful 10,000 NFT collection? Or are small supplies the only way of conserving value?
ONLY 21% OF PATHFINDER'S RISK-FREE NFTs MINTED
Despite proposing a new, risk-free method of launching Solana NFTs, the Pathfinders collection faces difficulty minting out. At press time, only 2,125/10,000 NFTs have been minted, falling well short of expectations.
Pathfinderโs novel LST-backed NFT collection launched with noble intentions. Providing an alternative mechanic that aims to protect minters, the collection has launched Solanaโs first un-ruggable NFTs.
Unlike standard NFT mints, Pathfinders NFTs are minted using pathSOL, the projectโs native liquid staking token. Holders reserve the right to redeem their NFT for the underlying pathSOL used to mint the asset, essentially securing the NFTโs value at a minimum of 2pathSOL.
Regardless, Solanaโs NFT community has largely ignored the projectโs novel approach to minting. Supporters of the new mechanic took to social media to express their disappointment with the NFT communityโs apparent apathy.ย
Commentators noted that network participants have collectively poured thousands of SOL into extractive and malicious actors, but are unwilling to support builders providing meaningful alternatives.
โHypedโ New Mint Immediately Under Floor - Are Presales to Blame?
Boasting a sold-out presale that constituted 55% of the total supply, the Hermans NFT collection suffered a similar fate. Priced at 1.5 SOL per NFT, Hermans struggled to attract interest during the public mint, forcing the team to take drastic action.
Hermans trading on secondary marketplaces like Tensor and Magic Eden was locked until the mint was complete, meaning holders were unable to list their assets. The team took it upon themselves to buy all unminted assets. The Hermansโย treasuryย now holds over 1,600 NFTs, roughly 33% of the supply.
Almost immediately, the collection began trading beneath mint price as presales and regretful minters clamored to liquidate their holdings for SOL. Hermans currently exchange hands at 0.84 SOL, down 44% from the original mint price.
While poor NFT market conditions are a significant contributor to the recent slew of disappointing NFT launches, social media commentators have argued that NFT presales are also to blame.
Low Supply NFT Collections Retain Value
In recent years, NFT markets have witnessed countless large supply collections suffer devastating downtrends.ย
Top Solana collections likeย Mad Lads,ย Tensorians (pictured), andย Claynosaursย have all endured significant drawdowns, while dozens of less-resilient projects have effectively plummeted to zero.
Comparatively, low supply and 1/1 NFT collections have retained their value remarkably well. Limited supply art collections like Boogles, Dead King Society, and The SixNine are typically only available through OTC deals and have maintained comparatively stable floors, regardless of SOL price fluctuations.
Arguably, this suggests that the most valuable utility NFTs offer is access to exclusive communities. Alternatively, it could also indicate that low-supply collections with low market liquidity create an elite sense of perceived value, which has supported the valuations of these co
