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Cryptocurrency News Articles

DeSci Concept Ignites the Chain, Mascots Emerge as New Hot Topic

Nov 18, 2024 at 06:06 pm

On November 8, after Binance Labs announced its investment in BIO Protocol to ignite the new concept of DeSci, the sentiment on the chain seems to have

DeSci Concept Ignites the Chain, Mascots Emerge as New Hot Topic

On November 8, following Binance Labs' announcement regarding its investment in BIO Protocol to ignite the new concept of DeSci, the sentiment on the chain seems to have improved again. Two leading tokens, RIF and URO, have emerged around the DeSci concept, both exhibiting hundredfold to thousandfold wealth effects.

After observing this phenomenon, Litecoin's official account humorously claimed to be a Memecoin under the current market sentiment, leading to the emergence of "mascots" and other hot topics.

During the weekend, while BTC was consolidating, on-chain trading became the new "big casino."

DeSci has once again become a hot topic of discussion. After Binance Labs announced its investment in BIO Protocol, tokens in the DeSci field such as VITA, GROW, and RSC have all seen significant increases, maintaining strong performance even during the recent market correction. The previously low-profile BIO Genesis event was quickly filled to capacity, and even the BIO team's earlier pump experiment platform has been "revived." It seems that all the hot money in crypto is now flowing into DeSci.

Rifampicin, also known as Rifampin, is a semi-synthetic broad-spectrum antibiotic that primarily inhibits bacterial RNA synthesis, exhibiting significant bactericidal effects. It can treat diseases including tuberculosis, leprosy, trachoma, and veterans' disease.

Sci-Hub is a platform that provides free access to millions of academic papers and works by circumventing publishers' paywalls using various methods, without regard to copyright issues, with nearly 50 million downloads in China alone. Although the previous project has not received official recognition from Sci-Hub, after the community announced a donation of 20% of the supply to Sci-Hub, Sci-Hub opened a donation channel on the Solana network.

The quantum entanglement concept token released by sshmatrix (a master's degree holder in applied physics and a cryptography expert), Pro and Anti are mother and child coins, where observing one allows you to know the state of the other.

After ACT launched Binance spot and contracts, the popularity of AI memes has warmed up again. With well-known trader Nachi frequently updating AI meme-related tweets, he believes that AI memes are still undervalued in the meme market, leading to a rebound in the prices of many AI memes.

ai16z is a decentralized AI trading fund based on the Solana blockchain. As an "AI investment DAO," the core of ai16z is to use AI agents to gather market information, analyze community consensus, and automatically trade tokens both on-chain and off-chain. This new model aims to combine AI trading strategies with decentralized governance through tokenization, providing investors with more transparent and trustworthy investment opportunities.

Shoggoth is a Cthulhu-style octopus meme on Solana. Shoggoth is a fictional creature from the Cthulhu mythos created by American writer H.P. Lovecraft. It first appeared in his novella "At the Mountains of Madness," described as an amorphous protoplasmic being composed of a gelatinous substance that can change shape at will. They are typically depicted as massive, with a typical size of about 15 feet wide and possessing multiple eyes that seem to Luce float on the surface. The cultural significance of Shoggoth has transcended its original work, becoming a contextual symbol in discussions about artificial intelligence.

Shoggoth is revered in the community as the Doge of AI memes. This uniquely styled octopus meme has even been "shouted out" by The New York Times, which referred to Shoggoth as "the most important meme in artificial intelligence."

MemesAI is considered a token that can compete with GOAT. The founder of memesAI has also been sponsored by Marc Andreessen for BTC and recognized by Andy Ayrey. Many believe that the current memes AI is significantly undervalued.

On November 14, the Litecoin Twitter account (@litecoin) posted, "Given the current market conditions, we now recognize LTC as a Meme coin." The "old coin" LTC has welcomed a surge of interaction with meme coins, and subsequently, the LTC official account reposted a humanoid memecoin, sparking market interest. The concept of mascots has once again gained traction following the Catholic mascot Luce.

The humanoid meme reposted by the LTC official account.

An image of Bitcat retweeted by the official BTC Twitter account, regarded by the market as the BTC mascot. After its launch, it quickly surged, reaching nearly 100M in market cap within just four hours.

News source:www.chaincatcher.com

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