Recently, Bitcoin stopped rising, and copycats started to rise. The current rhythm is that after Bitcoin rose, copycats began to rise. At present, I have roughly looked at copycats, especially memes, and they have risen by more than 100% every time. Every round of MEME is the king of growth, such as doge in 2017, shib in 2021, pepe in 2024, and moodeng in this round (currently 10X), so today we will see who can become the new king of the 50 billion US dollar meme in the 25-year violent bull market!
Let’s first look at the data of the top 200 MEME projects by market value. Since it is MEME, we can only look at the market value and coin holding addresses. The more coin holding addresses, the stronger the consensus of the meme, and the stronger the consensus, the more people are willing to take over and buy it. Let’s look at the data first!
1.DOGE
Dogecoin, the king of the meme in the 2017 bull market, has a market value of 36 billion and currently has 7.8 million addresses holding the currency. The market value-to-address ratio (billion/million) is 0.46. The lower this ratio is, the more dispersed and unconcentrated the value is, so the lower the better!
2.Shiba
The king of memes in the last bull market (21 years of bull market), with a current market value of 9.6 billion, 1.5 million addresses, and a market value to address ratio (100 million/10,000): 0.64
3.Baby
The king of memes in the 24-year bull market, with a current market value of 6 billion, 430,000 addresses holding coins, and a market value to address ratio (billion/million): 1.4
4.Trump
Trump is the king of memes at the end of the 24th year of Trump. The current market value is 2.7 billion, FDV is 13.6 billion, the current currency holding address is 640,000, and the market value address ratio (billion/million): 2.1
5.Bonk
The current market value is 1.9 billion, the number of addresses holding coins is 920,000, and the market value to address ratio (billion/million): 0.2
6.WIF
The current market value is 1.1 billion, the number of addresses holding coins is 220,000, and the market value to address ratio (100 million/10,000) is 0.5
7.Flocks
The current market value is 1.1 billion, the number of addresses holding coins is 450,000, and the market value to address ratio (100 million/10,000) is 0.24
8.Brett
The current market value is 800 million, the currency holding address is 800,000, and the market value address ratio (100 million/10,000) is 0.1
9.SPX
The current market value is 750 million, the number of currency holding addresses is 50,000, and the market value to address ratio (billion/million): 1.5.
And we see that there are many associated addresses, so the risk of this project is very high and the banker may run away at any time.
10.POPCAT
The current market value is 560 million, the coin holding addresses are 140,000, and the market value address ratio (billion/million): 0.4
11.Pnut
The current market value is 440 million, the coin holding addresses are 90,000, and the market value address ratio (billion/million): 0.48
12.MY
The current market value is 430 million, the number of addresses holding coins is 53,000, and the market value to address ratio (100 million/10,000) is 0.8
12.Turbo
The current market value is 400 million, the coin holding addresses are 54,000, and the market value address ratio (billion/million): 0.74
13.Mooding
The current market value is 310 million, the coin holding addresses are 75,000, and the market value address ratio (billion/million): 0.41
14.Sun（new）
The current market value is 380 million, the coin holding addresses are 78,000, and the market value address ratio (billion/million): 0.48
15.MEW
Market value: 340 million, holding addresses: 170,000, market value to address ratio (100 million/10,000): 0.2
16.TOSHI
The current market value is 330 million, the currency holding addresses are 620,000, and the market value address ratio (100 million/10,000) is 0.05
Judging from the coin holding addresses alone, excluding doge and shib, because they have been the meme kings in the first two bull markets, and the coin holding addresses have exceeded one million, so in order for the new meme king of this 25-year bull market to reach a market value of 50 billion US dollars, the number of coin holding addresses must exceed 1 million!
Currently, the number of addresses holding the most coins is Bonk (920,000), Brett (800,000), TOSHI (620,000), Trump (620,000), Floki (450,000), and Pepe (430,000). Therefore, the number of addresses holding coins for these projects needs to increase by 5 times at most, and 10 times at least, which means that more investors need to come to take over during the surge.
But Trump may need to be excluded, because if we only count FDV in this round, his market value has reached 50 billion, because the highest price of the currency was 77 US dollars, which is 5 times the current price of the currency.
Moreover, it is the only centralized coin issued by the President of the United States, and there are a large number of unlocked coins (unlocked daily). If he wants to continue to pull up the price in the future, he must not ship the coins, but there is a high probability that the President will ship the coins to make money.
Let’s take a look at the option of market value-to-address ratio (billion/million). As mentioned before, the lower the value, the more it can explain the degree of value dispersion of the currency. The lowest currently are TOSHI 0.05, Brett 0.1, MEW 0.2, Bonk 0.2, and Floki 0.24. These should have a higher cost-performance ratio, because compared with Dogecoin’s 0.4, these are significantly lower than Dogecoin, so there may be more room for growth in the future.
Please leave a comment below to tell us who you think will be the 50 billion meme king of this 25-year bull market.