The small shareholder coin skyrocketed by 203% after launching Alpha. What is the truth behind this wave of Meme coin frenzy?

According to the latest news, the small shareholder coin has increased by 203.74% since launching on Alpha, with a current price of 0.0016214 USDT. While this surge is not the most aggressive among recent Meme coin trends, the story behind it is worth noting. A clever IP setup, the association with CZ’s Twitter identity as a small shareholder, and the overall enthusiasm within the BSC ecosystem have made this coin a recent market focal point.

Performance of the Small Shareholder Coin and Comparison with the Same Period

Based on the latest information, the performance of the small shareholder coin during the recent Meme coin craze is as follows:

Coin Highest Increase Features
Small Shareholder 22x Related to CZ’s Twitter small shareholder identity
Grassroots Culture 35x Driven by Binance executive Nina
Crybaby Horse 85x Topics related to CCTV

The 203.74% increase of the small shareholder coin is not the highest among Meme coins in the same period, but its immediate start after launching on Alpha indicates a relatively stable market recognition of this IP.

Clever Connection Between CZ’s Identity and the Coin

The popularity of this coin is closely tied to CZ’s recent confirmation of his Twitter small shareholder identity. According to the latest news, Binance invested 500 million USD in 2022 to support Elon Musk’s acquisition of Twitter, accounting for about 1.14% of the total purchase price of 44 billion USD. CZ confirmed this morning that Binance is a small shareholder of Twitter, with an estimated stake of around 1.3%.

The public disclosure of this identity coincides perfectly with the launch of the small shareholder coin. Market participants have responded positively to this connection, with multiple discussions revolving around “CZ as Twitter’s small shareholder.”

The True Reflection of the Current Meme Coin Market

From related information, the Meme coin ecosystem on the BSC chain recently exhibits several characteristics:

  • Focus of Popularity: Recent hot Meme coins are concentrated around IPs related to well-known figures and platforms (CZ, CCTV, Binance, etc.)
  • Divergence in Gains: Meme coins launched simultaneously show large differences in gains, with the highest reaching 85x, while others may only increase a few times.
  • Participant Mindset: Discussions indicate many participants admit to “selling too early,” highlighting the high risk and volatility of these coins.
  • Intense Competition: Multiple exchanges and platforms are racing to launch related Meme coins, creating a rapidly evolving ecosystem.

Several Noteworthy Details

In my personal opinion, the reason why the small shareholder coin has attracted market attention, besides its surge, involves a few factors worth noting:

First, launching on Alpha itself is a hot topic. According to the latest news, the Alpha channel on Gate Exchange has always been an important platform for releasing new coins. Being listed on Alpha signifies official recognition and traffic support from the exchange.

Second, CZ’s statement on Twitter, “Small shareholder, wait and see,” provides some level of endorsement for this coin. Although this is more CZ responding to questions about Twitter ecosystem cooperation, the market clearly interprets it as a form of approval for the small shareholder coin.

Third, this IP is easy to spread in the current market environment. In the context of BSC and Solana ecosystems competing for traffic, any topic related to CZ can quickly attract attention.

Summary

The 203.74% increase of the small shareholder coin is a microcosm of the current Meme coin craze. The characteristics of this wave include: prioritizing IP creativity, driven by market enthusiasm, and coexisting with risks and opportunities. The success of the small shareholder coin lies in capturing the right timing and market psychology, but the inherent risks of such coins should not be overlooked — as many participants admit to “selling too early,” indicating high volatility and unpredictability in this market. Moving forward, it is essential to monitor whether market enthusiasm can be sustained and whether new Meme coin concepts will emerge to divert attention.

SOL1.38%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)