Noodle.gg – the crypto version of the classic snake game Slither.io – is causing a stir with over 1,000 active players within the first two hours, while also driving the meme coin NOODLE to surge to a market cap of nearly 20 million USD. Is this a money-making opportunity or a risky game? Let's analyze in detail.
Noodle.gg: The Snake Game “Eating Money” on the Blockchain
Noodle.gg is a modified version of Slither.io, where players control animated snakes and grow by “eating” other snakes. The difference is that players must pay participation fees in Solana, and when they “eat” an opponent’s snake, they will also receive that opponent's money. However, if they die, all money is lost. Creator Alex Leiman posted on X: “It will be fun. Eating other snakes = taking their money,” along with the Solana contract address, and the post quickly garnered over a million views in less than a day.
On its first day, the game recorded over 75,000 USD in circulating Solana, although it was only available in 75% of US states due to regulatory reasons. To withdraw money, players hold the Enter key for 3 seconds without dying, then enter their Solana address to withdraw the earned $SOL . However, according to the terms of use, Noodle.gg has the right to restrict withdrawals based on playtime, minimum requirements, or temporarily hold at will, while seizing the entire balance if fraud is detected.
NOODLE: Meme Coin “Soaring” From 25,000 USD to Nearly 20 Million USD
The NOODLE coin – a meme coin linked to Noodle.gg – currently has no real utility, but its value skyrocketed as the game spread. Within just 14 hours of launch, NOODLE reached a peak market cap of 19.43 million USD, currently stabilizing around 14.4 million USD (according to DEX Screener). Leiman hinted at the possibility of NOODLE replacing SOL as the participation fee in the future, creating expectations for the community.
Mixed Reactions: A Blend of Excitement and Criticism
Many players are excited about the opportunity to earn money through a nostalgic game, but there are also many criticisms. A user on X, Cremedupepe, called Noodle.gg a “lazy copy from Web2 attached to crypto,” questioning its uniqueness and withdrawal methods. This isn’t the first time a game has gone viral due to the money-making factor. Last month, Bigcoin – a crypto mining simulation game – reached a market cap of 66 million USD in three days before plummeting 83%, labeled a “Ponzi game.” Nevertheless, some players still hunt for similar games to “gamble.”
Meanwhile, last year's tap-to-earn wave on Telegram attracted millions, but most complained about small airdrops and the trend quickly faded after a few months.
Impact on the Crypto Market
This event brings many signals:
Increasing appeal of meme coins: NOODLE and Solana take advantage of the play-to-earn trend, with crypto fund inflows reaching 3.4 billion USD last week.
Promoting Solana Transactions: The game boosts the use of Solana, forecasting an accumulation of 330 billion USD into Bitcoin by 2029.
Stable Growth: Bitcoin (104,000 USD), Ethereum (2,500 USD), and Solana (146 USD) continue to benefit from new interest.
Future Prospects
If Noodle.gg expands globally and NOODLE integrates as a play fee in the next 1-2 years, the game could generate millions in revenue, solidifying its meme coin status on Solana. However, Ponzi risks and strict regulations could exert pressure, especially if the community loses trust due to withdrawal restrictions.
Conclusion: Will Noodle.gg Become a Phenomenon or Disappear?
Noodle.gg is shaking up the market with its “eat snakes to earn money” model, driving #NOODLE from 25,000 USD to nearly 20 million USD in market cap within the first day. Despite attracting over 1,000 players and 75,000 USD in circulation, the game faces criticism regarding its originality and withdrawal risks. With great potential but also full of challenges, investors should closely monitor to consider participation.
Risk Warning: Investing in crypto and play-to-earn games carries high risks due to price volatility and legal uncertainties. Please consider carefully before participating.