Exploring the Recent Meme Coin Craze: The Rise of PEPE to AIDOGE

In the past few days, the cryptocurrency market has once again surged with the wave of Meme coins. Social media is flooded with various stories of getting rich quickly, with some people earning millions of dollars from buying a small amount of PEPE coins, while others unexpectedly reaped considerable returns from receiving the airdropped token AIDOGE. This phenomenon has led many to lament missed opportunities, and some regret selling too early. As this information spreads, familiar scenes are appearing in the market: as soon as a new contract address is seen, funds are immediately invested. The season for Meme coins seems to have quietly arrived.

This article will analyze in detail the characteristics of two recent phenomenon-level Meme projects and discuss how to seize opportunities while avoiding potential risks.

AIDOGE: Innovative Airdrop Mechanism and Market Game

AIDOGE is an experimental project within the Arbitrum ecosystem, launched on April 15. Its total supply is 2.1 trillion tokens, with 95% distributed through airdrops to addresses eligible for the ARB token airdrop, and the remaining 5% used for invitation incentives.

The distribution mechanism of AIDOGE adopts a decreasing airdrop model, meaning that the earlier you claim, the more you receive. This approach reduces market selling pressure to a certain extent while incentivizing early participants. The number of tokens claimed by the first 60,000 addresses is twice that of the 90,000th address onwards.

The project has also designed a transaction burn tax mechanism, with a 15% burn tax on each transaction, used for ecological development, token destruction, liquidity rewards, purchasing ARB subsidy protocol games and voting, staking dividends, and lucky draws.

The demand for AIDOGE mainly comes from the following aspects:

1. Mining: The initial annualized yield can reach up to 2,360% (compounded).
2. Provide liquidity: Annualized yield up to 1,039,940,246% (compound interest calculation).
3. Lucky Draw: Purchase AIDOGE tokens worth $100-1000 to participate in the raffle held every half hour.

The lucky draw mechanism increases the winning weight based on the value of AIDOGE purchased by the user, with a minimum of 1 (purchase of 100 USD) and a maximum of 10 (purchase of 1000 USD). Currently, a total of 159,000 ARB tokens have been distributed through the lucky draw, with a total of 9,500 participating addresses and 177 winning addresses.

AIDOGE plans to launch AI NFT series, AICODE, and DAO features in the future, which are key factors in maintaining market expectations. The token has been listed for trading on some centralized exchanges.

PEPE: The Pure Meme Coin, The Comeback of the Frog Meme

The dramatic story of wealth surrounding PEPE has attracted widespread attention in the market. According to data, a certain address exchanged 0.125 ETH (approximately $251) for 59 trillion PEPE just 4 days ago. Based on the price on April 20, the value of these PEPE has reached $1.85 million, with an investment return rate of up to 7370 times.

PEPE made its debut on Twitter on April 5 and officially launched its token on April 15. Its main concept is "Make memecoins great again," aiming to change the current situation filled with endless derivative meme tokens in the market. PEPE was secretly launched without a presale, zero burn tax, LP tokens being burned, and with contract rights renounced.

The total supply of PEPE tokens is 420,690,000,000,000, of which 93.1% of the tokens have been sent to the liquidity pool, and the remaining 6.9% are stored in a multi-signature wallet for future exchange listings, cross-chain bridging, and liquidity pool replenishment.

The development plan of PEPE includes:

1. As a major token tracking platform for memecoins, increase the number of holding addresses and social media exposure.
2. Maintain community relations, launch centralized exchanges, and expand the holder base.
3. Develop the token economy, launch Pepe-themed products, and use part of the revenue for token burns. At the same time, develop the PEPE Academy and Pepe tools, aiming to launch on top exchanges.

How to seize opportunities in Meme coins?

1. Pay attention to projects with free and fair distribution.

Successful Meme coin projects usually distribute tokens to a wide audience in a free and fair manner. This approach can attract more users to participate and expand influence through word-of-mouth effects. When discovering such projects, one can actively participate as long as the contract's security is confirmed. For users who missed early opportunities, participation can be decided based on the market discussion heat.

2. Pay attention to the total supply and price characteristics.

Successful Meme coins often have a very high total token supply and a very low unit price. This characteristic meets the psychological needs of small investors, allowing them to feel a sense of achievement from holding a large number of tokens. Therefore, when choosing Meme coin projects, one can focus on tokens with a huge supply and extremely low price.

3. Evaluate the innovation and dissemination of the project

Innovative or easily spread topics can help projects attract more attention. For example, PEPE uses the well-known frog meme image and proposes the slogan "Make memecoin great again," which resonates with the market. When choosing a project, one can consider whether it has unique innovations or easily discussed topics.

Conclusion

Although reviewing successful projects inevitably has a hindsight bias, by analyzing the commonalities of these phenomenal projects, we can better understand the operational logic of the Meme coin market. When participating in Meme coin investments, it is advisable to consider from the perspective of the operators whether the project possesses traits that are easy to spread and resonate.

However, it is always important to remember that the prerequisite for participating in Meme coin investments is a relatively stable overall market environment. Be sure to manage your positions and control risks, setting reasonable take-profit and stop-loss strategies. At the same time, it is essential to recognize that each wave of Meme coin fever can trigger market fluctuations, so you must always maintain risk awareness.